tomo logo

$1,250,000

Beds
5
Baths
3.5
sq ft
3,381

5303 85th Pl SW, Mukilteo, WA 98275

5303 85th Pl SW

Mukilteo, WA 98275

  • 69 days on market
Nestled in the heart of Mukilteo, this home seamlessly combines comfort with modern living. The nicely updated kitchen features granite countertops, high-end appliances & exquisite cabinetry, ideal for culinary adventures. Unwind in the cozy family room by the warmth of the gas fireplace w/modern stone surrounds or entertain on the expansive deck overlooking a lush greenbelt, ensuring privacy & scenic views. This property includes a separate-entry ADU complete w/living rm, gas stove, dining area, bedroom, bathroom & a kitchen adorned with stunning countertops. Great rental income!! Plus indulge in the luxury of a private hot tub. Perfect for both relaxation and hosting, this home caters to all aspects of modern life. NO HOA

Details

Property type

Single Family Residence

Est. home value

$1,005,109

Lot size

0.27 acres

Price per sq ft

$370

Year built

1991

Annual property taxes

$8,055

Price History

04/26/2024
NorthwestMLS

NorthwestMLS #2229103

Listed
$1,250,000
+131.52%
06/21/2004
NorthwestMLS

NorthwestMLS #24053091

Sold
$539,900

Schools & Community

Elementary school: 

Columbia Elem

Middle school: 

Harbour Pointe Mid

High school: 

Kamiak High

School district: 

Mukilteo

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

$877,333
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$272,667
Cash to seller
$877,333

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

August 2020

Original loan amount

$350,000

Est. remaining balance

$272,667

Interest rate

2.51%

Loan type

New Conventional, 15 year

Seller

Diane M Shepard and Diane Shepard

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: 07/04/2024 at 3:45 PM

Listing updated: 05/30/2024 at 7:33 AM

Listed by: Aranka Fruehauf, Windermere RE North, Inc. Phone #: (425) 776-1119

MLS: NorthwestMLS #2229103

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