tomo logo

$849,500

Beds
5
Baths
2.5
sq ft
2,700

5623 S Langston Rd, Seattle, WA 98178

5623 S Langston Rd

Seattle, WA 98178

  • 13 days on market
    • Price drop $30,400↓
Discover this exceptional multiunit property nestled in a private driveway in the desirable Skyway neighborhood. The lower level, remodeled and finished from the ground up in 2022, features two distinct one-bedroom units with kitchenettes and laundry each. These units are currently leased at $1650 and $1700 per month, w leases extending to early 2025, providing immediate rental income. The main residence boasts thoughtful floor plan, spacious living room complemented by an add'l sun room, perfect for relaxation or entertaining. The attached garage features very high ceilings and space for 4 vehicles. Situated on an expansive 15,000+ sq ft lot, this home offers plenty of space and potential. Don’t miss out on this unique opportunity!

Details

Property type

Single Family Residence

Est. home value

$669,135

Lot size

0.3581 acres

Price per sq ft

$315

Year built

1956

Annual property taxes

$6,683.35

Price History

09/15/2024
NorthwestMLS

NorthwestMLS #2287973

Price change
$849,500
-3.45%
09/06/2024
NorthwestMLS

NorthwestMLS #2287973

Listed
$879,900
+259.14%
02/21/2014
NorthwestMLS

NorthwestMLS #571407

Sold
$245,000

Schools & Community

Elementary school: 

Campbell Hill Elem

Middle school: 

Dimmitt Mid

High school: 

Renton Snr High

School district: 

Renton

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

$85,979
Asking price
$849,500
Closing costs (~8% of asking)
-$67,960
Est. remaining loan balance
-$695,561
Cash to seller
$85,979

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

October 2022

Original loan amount

$704,000

Est. remaining balance

$695,561

Interest rate

5.89%

Loan type

New Conventional, 40 year

Seller

Pinto Hill Llc

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?

Similar Homes Nearby

Price drop
$788,888
5 bd
|
3 ba
|
2,660 sq ft
|
House

6439 S 112th St, Seattle, WA 98178

Listing provided by NWMLS

Price drop
$809,900
5 bd
|
2.5 ba
|
2,000 sq ft
|
House

9250 36th Ave S, Seattle, WA 98118

Listing provided by NWMLS

Price drop
$850,000
5 bd
|
2 ba
|
2,080 sq ft
|
House

14404 Military Rd S, Tukwila, WA 98168

Listing provided by NWMLS

Status: Active

Tomo last checked: 09/19/2024 at 9:55 AM

Listing updated: 09/18/2024 at 10:18 AM

Listed by: Marija Spasikova, Balance Realty Phone #: (425) 219-8255

MLS: NorthwestMLS #2287973

NorthwestMLS logo

Recently listed in Seattle

$925,000|3 bd|1.0 ba|House
$942,700|3 bd|3.5 ba|House
$1,195,000|3 bd|2.5 ba|House
$1,150,000|2 bd|1.75 ba|House
$875,000|3 bd|1.75 ba|House
$685,000|4 bd|2.75 ba|House
$1,190,000|2 bd|1.0 ba|House