tomo logo

$585,000

Beds
3
Baths
1.75
sq ft
1,950

5416 Camelot Dr SW, Olympia, WA 98512

5416 Camelot Dr SW

Olympia, WA 98512

  • <1 day on market
Looking for a little bit of country? Come check out this 1,900+/- sqft, 3-bedroom rambler sits on a shy 1-acre lot, offering comfort and versatility. The property features a 950+/- sq ft insulated and heated shop with a 1/4 bath, perfect for a workshop, car storage, or possible ADU conversion. Enjoy outdoor entertaining with a large patio, deck, and garden paths. Irrigated, fenced vegetable garden, fruit trees, and garden shed add to its appeal. Inside, two living areas and a sunroom offer abundant natural light. With a new HVAC system and on-demand generator, this home provides peace of mind and endless possibilities.

Details

Property type

Single Family Residence

Est. home value

$583,253

Lot size

0.95 acres

Price per sq ft

$300

Year built

1979

Annual property taxes

$5,852

HOA

No

Price History

10/17/2024
NorthwestMLS

NorthwestMLS #2302599

Listed
$585,000
+260%
03/27/1998
NorthwestMLS

NorthwestMLS #33158101

Sold
$162,500

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

High school district: 

Tumwater

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

$499,138
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$39,062
Cash to seller
$499,138

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

Seller’s Loan History

Lender

Washington Mutual Bank

Loan start date

March 1998

Original loan amount

$157,625

Est. remaining balance

$39,062

Interest rate

7.03%

Loan type

Not Provided, 30 year

Seller

Thomas O Meade and Janice Y Meade

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: 10/18/2024 at 1:35 AM

Listing updated: 10/17/2024 at 4:10 PM

Listed by: Sterling Stock, Olympic Sotheby's Int'l Realty Phone #: (360) 528-4160

MLS: NorthwestMLS #2302599

NorthwestMLS logo

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