tomo logo

$1,800,000

Beds
4
Baths
3.5
sq ft
2,724

5237 S Farrar St, Seattle, WA 98118

5237 S Farrar St

Seattle, WA 98118

  • 16 days on market
Stunning modern home in Seward Park, newly upgraded for ultimate comfort and style! This light-filled home boasts radiant floor heat and a ductless heat pump for ice-cold AC. Freshly painted inside and out, with new carpet and a front garden designed by Wildflowers Northwest. The open floor plan, chef's kitchen, and oversized windows showcase stunning views of Lake Washington and the Cascades. Rooftop deck has 360° views including Mount Rainier and Mount Baker. Upstairs: 3 beds, 2 baths; ground floor: 4th bedroom with en-suite. Steps from Seward Park, Third Place Books, and Chuck’s Hop Shop. Perfect work-from-home setup with easy commutes via transit, bike, or car. 60amp EV outlet in garage.

Details

Property type

Single Family Residence

Est. home value

$1,742,747

Lot size

4,000 sq ft

Price per sq ft

$661

Year built

2014

Annual property taxes

$14,127

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2286438

Listed
$1,800,000
+112.77%
08/04/2014
NorthwestMLS

NorthwestMLS #658397

Sold
$846,000
+225.38%
05/21/2013
NorthwestMLS

NorthwestMLS #478212

Sold
$260,000

Schools & Community

Neighborhood: 

Lakewood

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Park

School district: 

Seattle

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

$1,464,150
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$191,850
Cash to seller
$1,464,150

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

Seller’s Loan History

Lender

Shirley S F Yen

Loan start date

August 2014

Original loan amount

$500,000

Est. remaining balance

$191,850

Interest rate

3.31%

Loan type

Not Provided, 15 year

Seller

Margaret Yen

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: 09/19/2024 at 11:20 PM

Listing updated: 09/17/2024 at 6:58 PM

Listed by: Rob McGarty, Bushwick Phone #: (206) 899-0994

MLS: NorthwestMLS #2286438

NorthwestMLS logo

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