tomo logo

$1,649,000

Beds
3
Baths
2.25
sq ft
2,822

5318 Quiet Cove Rd, Anacortes, WA 98221

5318 Quiet Cove Rd

Anacortes, WA 98221

  • 45 days on market
    • Price drop $91,000↓
Welcome to Quiet Cove! This property offers 3/4 acre of waterfront paradise in Anacortes. Nestled in a cove, this diamond in the rough boasts 100 feet of waterfront on a quiet, sandy beach with tideland rights and medium bank frontage on the beautiful Miller Bay—perfect for boating and water activities. With a completed geo-test study and preliminary work for a saltwater dock, the groundwork is ready for your dream home. The home is currently on a well, but city water is in progress to the property. Don't miss this chance to create your waterfront haven!

Details

Property type

Single Family Residence

Est. home value

$1,322,876

Lot size

0.73 acres

Price per sq ft

$585

Year built

1958

Annual property taxes

$8,200

Price History

08/06/2024
NorthwestMLS

NorthwestMLS #2269821

Price change
$1,649,000
-5.23%
07/25/2024
NorthwestMLS

NorthwestMLS #2269821

Listed
$1,740,000
+76.65%
07/31/2020
NorthwestMLS

NorthwestMLS #1641306

Sold
$985,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Anacortes Mid

High school: 

Anacortes High

School district: 

Anacortes

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

$707,292
Asking price
$1,649,000
Closing costs (~8% of asking)
-$131,920
Est. remaining loan balance
-$809,788
Cash to seller
$707,292

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

Seller’s Loan History

Lender

First Fsla Of Port Angeles

Loan start date

July 2020

Original loan amount

$886,500

Est. remaining balance

$809,788

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Benjamin J Rnwis

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: 09/07/2024 at 5:40 PM

Listing updated: 08/06/2024 at 7:46 AM

Listed by: Kena Greer Brashear, Muljat Group Phone #: (360) 733-3030

MLS: NorthwestMLS #2269821

NorthwestMLS logo

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