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$525,000

Beds
2
Baths
1.0
sq ft
700

5547 S Norfolk St, Seattle, WA 98118

5547 S Norfolk St

Seattle, WA 98118

  • 13 days on market
    • Price drop $14,000↓
Come visit this private retreat in conveniently located Upper Rainier Beach. Nestled in a tranquil setting, this charming home offers the ideal blend of convenience and comfort. Step inside to find a meticulously maintained interior featuring 2BR/1BA, designed for modern living. Fully updated by previous owners. Outside, enjoy your private oasis with a landscaped yard and covered patio. Whether you're enjoying a morning coffee on the patio or hosting a summer BBQ, this outdoor space offers endless possibilities. New roof in 2022. Lots of off street parking. Walking distance to Kubota Gardens, Light Rail, and shopping and cafes.

Details

Property type

Single Family Residence

Est. home value

$496,875

Lot size

3,960 sq ft

Price per sq ft

$750

Year built

1959

Annual property taxes

$4,490

Price History

07/23/2024
NorthwestMLS

NorthwestMLS #2257203

Price change
$525,000
-2.6%
07/10/2024
NorthwestMLS

NorthwestMLS #2257203

Listed
$539,000
+68.46%
11/21/2016
NorthwestMLS

NorthwestMLS #1036540

Sold
$319,950
+26.71%

Schools & Community

Neighborhood: 

Rainier Beach

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

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

$182,563
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$300,437
Cash to seller
$182,563

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

May 2020

Original loan amount

$329,000

Est. remaining balance

$300,437

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Richard Allan Cox Ii

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: 07/23/2024 at 4:50 PM

Listing updated: 07/23/2024 at 4:24 PM

Listed by: Cynthia Gamel, Windermere R E Mount Baker Phone #: (206) 725-7255

MLS: NorthwestMLS #2257203

NorthwestMLS logo

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