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$798,000

Beds
3
Baths
1.75
sq ft
1,404

5023 157th St SW, Edmonds, WA 98026

5023 157th St SW

Edmonds, WA 98026

  • Pending
Located on a quiet cul-de-sac, this beautifully updated rambler offers modern comfort and convenience. An open floorplan and vaulted ceilings fill the space with natural light, while the electric fireplace keeps things cozy. The stylish new kitchen features quartz countertops, island with breakfast bar, and a built-in microwave. Sliding doors from the dining area lead to an expansive deck with a hot tub hookup, perfect for entertaining and outdoor living. Major updates include new water heater, fresh paint in and out, new flooring and millwork, new tile showers and landscaped yard. The property features a versatile outbuilding with electricity ideal for an office/studio. Close to Meadowdale Beach trails. This Edmonds gem won’t last!

Details

Property type

Single Family Residence

Est. home value

$690,996

Lot size

8,712 sq ft

Price per sq ft

$569

Year built

1987

Annual property taxes

$5,392

Price History

08/30/2024
NorthwestMLS

NorthwestMLS #2276498

Pending
$798,000
08/22/2024
NorthwestMLS

NorthwestMLS #2276498

Listed
$798,000
+226.38%
05/14/2010
NorthwestMLS

NorthwestMLS #29115648

Sold
$244,500
-30.64%

Schools & Community

Elementary school: 

Beverly Elem

Middle school: 

Meadowdale Mid

High school: 

Meadowdale High

School district: 

Edmonds

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$554,934
Asking price
$798,000
Closing costs (~8% of asking)
-$63,840
Est. remaining loan balance
-$179,226
Cash to seller
$554,934

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homestreet Bank

Loan start date

July 2013

Original loan amount

$237,746

Est. remaining balance

$179,226

Interest rate

3.81%

Loan type

New Conventional, 30 year

Seller

Michelle I Cimaroli and June B Cimaroli

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:10 AM

Listing updated: 08/29/2024 at 10:14 PM

Listed by: Cara Blindheim, Windermere R.E. Shoreline Phone #: (206) 546-5731

MLS: NorthwestMLS #2276498

NorthwestMLS logo

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