tomo logo

$1,100,000

Beds
3
Baths
1.75
sq ft
2,454

5549 Meadowood Ln NE, Olympia, WA 98506

5549 Meadowood Ln NE

Olympia, WA 98506

  • 83 days on market
South Bay property on 10 serene acres. Single story, open floor plan on park like setting a nature lovers dream. Spacious primary bedroom w/ sitting area, walk-in-closet & en-suite. Great room is illuminated with ample lighting and woodstove. Kitchen with SS appliances, dual sinks & generous walk-in pantry. ADU accessible guest bath. Updated trim & floors throughout home. Fully paved driveway from gated entry leads to a 3 car garage. Additional upgrades: electrical panel, RV hookup, backup generator, water heater, vapor barrier & chicken coop. Opportunity for shop, barn, pole barn, or ADU. Minutes from I-5 shopping, schools, hospital. South Bay Elementary. Close to Chehalis Trail & Woodard Bay.

Details

Property type

Single Family Residence

Est. home value

$1,088,516

Lot size

10.0 acres

Price per sq ft

$449

Year built

2008

Annual property taxes

$8,328

Price History

06/28/2024
NorthwestMLS

NorthwestMLS #2252373

Listed
$1,100,000
06/04/2024
NorthwestMLS

NorthwestMLS #2202553

Removed
$1,100,000
03/21/2024
NorthwestMLS

NorthwestMLS #2202553

Price change
$1,100,000
-8.33%

Schools & Community

Elementary school: 

South Bay Elem

Middle school: 

Chinook Mid

High school: 

North Thurston High

Community features: 

Gated

School district: 

North Thurston

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

$250,318
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$761,682
Cash to seller
$250,318

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

January 2024

Original loan amount

$766,200

Est. remaining balance

$761,682

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Eugene Richard Vian and Benita Vian

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: 09/19/2024 at 3:10 AM

Listing updated: 09/04/2024 at 6:18 PM

Listed by: Barbara Haggerty, Van Dorm Realty, Inc Phone #: (360) 943-3800

MLS: NorthwestMLS #2252373

NorthwestMLS logo

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