tomo logo

$245,000

Beds
1
Baths
1.0
sq ft
707

5630 200th St SW Unit B308, Lynnwood, WA 98036

5630 200th St SW Unit B308

Lynnwood, WA 98036

  • 21 days on market
Start your day with a cup of coffee on your private patio, enveloped by the serene ambiance of the Islandia Condominiums. This top-floor gem blends comfort and contemporary elegance. The open-concept living area, bathed in natural light, flows seamlessly onto the patio, perfect for relaxation or entertaining. The kitchen is a chef's delight, with sleek cabinetry, a modern dishwasher, and a high-end stove. The spacious bedroom features an expansive walk-in closet. Enjoy community amenities like the heated outdoor pool and inviting clubhouse. Conveniently close to I-5, shopping, dining, and parks, your tranquil retreat awaits!

Details

Property type

Condominium

Est. home value

$261,528

Lot size

1,307 sq ft

Price per sq ft

$347

Year built

1969

Annual property taxes

$1,817

Monthly HOA fee

$376

Price History

08/22/2024
NorthwestMLS

NorthwestMLS #2274196

Listed
$245,000
+390.98%
03/12/2012
NorthwestMLS

NorthwestMLS #316854

Sold
$49,900
-67.8%
05/29/2007
NorthwestMLS

NorthwestMLS #27061587

Sold
$154,950
+24.06%

Schools & Community

Elementary school: 

Cedar Way Elem

Middle school: 

Alderwood Mid

High school: 

Lynnwood High

Community features: 

Pool, Clubhouse, Playground

School district: 

Edmonds

Number of units in community: 

120

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

$97,772
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$127,628
Cash to seller
$97,772

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

Seller’s Loan History

Lender

Rainland Mortgage

Loan start date

May 2007

Original loan amount

$154,950

Est. remaining balance

$127,628

Interest rate

6.17%

Loan type

Not Provided, 40 year

Seller

Thomas L Bray and Rachell C Jenkins

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: 09/12/2024 at 1:25 PM

Listing updated: 08/27/2024 at 5:04 AM

Listed by: Andre D. Jones, eXp Realty Phone #: (888) 317-5197

MLS: NorthwestMLS #2274196

NorthwestMLS logo

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