tomo logo

$397,000

Beds
2
Baths
1.0
sq ft
738

5220 42nd Ave S Unit 208, Seattle, WA 98118

5220 42nd Ave S Unit 208

Seattle, WA 98118

  • 42 days on market
    • Price drop $3,000↓
Bright & airy condo, remodeled in 2022; Stunning kitchen w/new cabinets, quartz countertops, & stainless steel appliances. Updated bathroom w/a luxurious soaking tub, perfect for relaxation. New durable luxury vinyl plank floors, custom blinds, modern light fixtures, & a ceiling fan in the living room for enhanced comfort. Smart home with Lutron smart switches & Mysa thermostats & solid oak floating shelves in the second bedroom (office) offer both style & functionality. New water heater & high-efficiency washer/dryer. Located close to the light rail, & within walking distance to numerous restaurants & bars, home offers unbeatable walkability & convenience. Parking & storage included, the perfect blend of modern design & practical living.

Details

Property type

Condominium

Est. home value

$402,143

Lot size

Unknown

Price per sq ft

$538

Year built

1962

Annual property taxes

$3,369

Monthly HOA fee

$608

Price History

08/22/2024
NorthwestMLS

NorthwestMLS #2275505

Price change
$397,000
-0.75%
08/09/2024
NorthwestMLS

NorthwestMLS #2275505

Listed
$400,000
+3.49%
08/20/2018
NorthwestMLS

NorthwestMLS #1328769

Sold
$386,500
+54.66%

Schools & Community

Neighborhood: 

Columbia City

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

Number of units in community: 

23

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

$34,862
Asking price
$397,000
Closing costs (~8% of asking)
-$31,760
Est. remaining loan balance
-$330,378
Cash to seller
$34,862

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

November 2020

Original loan amount

$361,000

Est. remaining balance

$330,378

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

James W Alseth

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?

Status: Active

Tomo last checked: 09/19/2024 at 8:55 PM

Listing updated: 09/17/2024 at 4:58 PM

Listed by: Isaac Ortiz, COMPASS Phone #: (206) 330-0314

MLS: NorthwestMLS #2275505

NorthwestMLS logo

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