tomo logo

$699,950

Beds
3
Baths
2.5
sq ft
1,894

5121 Drum Rd W, University Place, WA 98467

5121 Drum Rd W

University Place, WA 98467

  • 69 days on market
    • Price drop $25,050↓
Experience the elegance of the Chateaus at Park Place, a townhome community crafted by Zetterberg Custom Homes!! Tasteful designs, meticulous construction, top mill work and attention to detail. This spacious 3-bed/2.5-bath residence boasts 9 ft ceilings, hardwood floors, expansive windows flooding the space with natural light, an airy open concept layout encompassing a large kitchen, dining area, and cozy gas fireplace. Outside, a vast fenced backyard awaits, along with a convenient 2-car garage. Retreat to the king-sized primary suite featuring a walk-in closet for added convenience and luxury. Enjoy proximity to top-notch schools, parks, trails, shopping, restaurants, freeways, JBLM and the renowned Chambers Bay Golf Course Facility.

Details

Property type

Single Family Residence

Est. home value

$589,187

Lot size

4,689 sq ft

Price per sq ft

$370

Year built

2014

Annual property taxes

$5,127

Monthly HOA fee

$36

Price History

06/07/2024
NorthwestMLS

NorthwestMLS #2228277

Price change
$699,950
-3.46%
04/24/2024
NorthwestMLS

NorthwestMLS #2228277

Listed
$725,000
+133.91%
03/20/2015
NorthwestMLS

NorthwestMLS #680542

Sold
$309,950

Schools & Community

Elementary school: 

Sunset Elem

Middle school: 

Drum Intermed

High school: 

Curtis Snr High

School district: 

University Place

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

$418,728
Asking price
$699,950
Closing costs (~8% of asking)
-$55,996
Est. remaining loan balance
-$225,226
Cash to seller
$418,728

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

March 2015

Original loan amount

$282,436

Est. remaining balance

$225,226

Interest rate

3.63%

Loan type

VA, 30 year

Seller

Douglas M Arnett

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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Listing provided by NWMLS

Status: Active

Tomo last checked: 07/02/2024 at 4:10 PM

Listing updated: 07/02/2024 at 9:54 AM

Listed by: Brad Harper, CENTURY 21 North Homes Realty Phone #: (253) 564-6211

MLS: NorthwestMLS #2228277

NorthwestMLS logo

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