tomo logo

$1,399,000

Beds
7
Baths
2.5
sq ft
2,370

5733 25th Ave NE, Seattle, WA 98105

5733 25th Ave NE

Seattle, WA 98105

  • 30 days on market
This is a fantastic 7-bedroom house located close to the University of Washington & U Village! At 2,370sqft this large home offers generous living space on three different levels. Home is currently leased for $6,295/month starting Sept. 1st! Owners only pay taxes & insurance. Some of the property features include large living/family rooms, generously sized bedrooms, & bathrooms on each floor. The dedicated downstairs with separate entrance includes 3 bedrooms, a full kitchen, & laundry for convenience & easy living. The home is adjacent to serene Ravenna Park, yet is only minutes to everything UW has to offer. Location boasts excellent walking & biking scores! Great investment opportunity! Buy for the income, hold for the appreciation!

Details

Property type

Single Family Residence

Est. home value

$1,249,593

Lot size

4,465 sq ft

Price per sq ft

$591

Year built

1959

Annual property taxes

$9,089

Price History

06/07/2024
NorthwestMLS

NorthwestMLS #2249170

Listed
$1,399,000
+85.3%
06/15/2015
NorthwestMLS

NorthwestMLS #770334

Sold
$755,000

Schools & Community

Neighborhood: 

Ravenna

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$695,066
Asking price
$1,399,000
Closing costs (~8% of asking)
-$111,920
Est. remaining loan balance
-$592,014
Cash to seller
$695,066

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2018

Original loan amount

$660,000

Est. remaining balance

$592,014

Interest rate

4.53%

Loan type

New Conventional, 30 year

Seller

Hanishkumar Patel and Sharanjit Burmy

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: 07/07/2024 at 2:10 PM

Listing updated: 06/10/2024 at 4:03 PM

Listed by: Kirk Thorson, Keller Williams Realty Bothell Phone #: (425) 482-6100

MLS: NorthwestMLS #2249170

NorthwestMLS logo

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