tomo logo

$395,000

Beds
2
Baths
1.0
sq ft
694

516 E Thomas St Unit 105, Seattle, WA 98102

516 E Thomas St Unit 105

Seattle, WA 98102

  • 15 days on market
A marvelous and affordable condo perfectly located only 4 blocks from the Cap Hill Light Rail station. With a Walk Score of 97, your daily errands and entertainment don’t require a car. This lower unit at the Gayle Condominiums offers a life of comfort with easy access to the best of Seattle’s culture, retail and night life. Built in 1917, the solid brick building provides a refreshing change from cookie cutter condos. Hardwood floors and crown molding celebrate the past with style. An efficient kitchen with a 4-burner gas stove offers plenty of counter space to whip up a culinary delight. Spacious bathroom and another room perfect for WFH. With a door directly to the street, choose to the skip the lobby and head straight into life.

Details

Property type

Condominium

Est. home value

$397,032

Lot size

3,258 sq ft

Price per sq ft

$570

Year built

1917

Annual property taxes

$3,154

Monthly HOA fee

$527

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2285781

Listed
$395,000
+12.86%
04/20/2022
NorthwestMLS

NorthwestMLS #1895562

Sold
$350,000
+75%
02/08/2013
NorthwestMLS

NorthwestMLS #438260

Sold
$200,000
+5.29%

Schools & Community

Neighborhood: 

Capitol Hill

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

Number of units in community: 

14

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

$39,042
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$324,358
Cash to seller
$39,042

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

April 2022

Original loan amount

$339,500

Est. remaining balance

$324,358

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Shane Bradley Leith and Douglas John Leith

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: Active

Tomo last checked: 09/19/2024 at 10:00 AM

Listing updated: 09/11/2024 at 12:28 PM

Listed by: Matthew Crook, Windermere R E Mount Baker Phone #: (206) 725-7255

MLS: NorthwestMLS #2285781

NorthwestMLS logo

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