tomo logo

$1,099,000

Beds
3
Baths
1.75
sq ft
2,530

6002 25th Ave NE, Seattle, WA 98115

6002 25th Ave NE

Seattle, WA 98115

  • 30 days on market
    • Price drop $21,000↓
**$20k Seller Credit** Come see this charming Mid-Century Modern home in Ravenna. Remodeled upper level featuring an open layout w/ vaulted ceilings, updated flooring & windows, bathroom & kitchen (stainless steel appliances, quartz countertops, cabinets). Enjoy the oversized, light-filled rec room & bedroom on lower level. A separate entrance to lower level brings rental potential. AADU/MIL. Newer roof (2021), water heater (2023). The yard is perfect for outdoor entertainment. Conveniently located, 2 min walk to Ravenna Park, a ½ mile ravine w/ amenities like scenic walks, picnic & play areas, wading pool, ballfield, tennis courts. 15-min walk to U-Village. 1 mi away from UW campus, Farmer’s Market. Near light rail stations & bus stops.

Details

Property type

Single Family Residence

Est. home value

$1,105,816

Lot size

5,000 sq ft

Price per sq ft

$435

Year built

1955

Annual property taxes

$8,715.9

Price History

06/18/2024
NorthwestMLS

NorthwestMLS #2245978

Price change
$1,099,000
-6.86%
06/01/2024
NorthwestMLS

NorthwestMLS #2230949

Removed
$1,180,000
+5.36%
06/01/2024
NorthwestMLS

NorthwestMLS #2245978

Listed
$1,120,000
-5.08%

Schools & Community

Neighborhood: 

Ravenna

Elementary school: 

Bryant

Middle school: 

Eckstein Mid

High school: 

Roosevelt High

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

$424,855
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$586,225
Cash to seller
$424,855

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

October 2021

Original loan amount

$693,649

Est. remaining balance

$586,225

Interest rate

2.17%

Loan type

New Conventional, 15 year

Seller

Akshar Gupta and Payal Singh

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: 06/30/2024 at 7:45 PM

Listing updated: 06/18/2024 at 4:03 PM

Listed by: You Kam, Flyhomes Phone #: (855) 935-9466

MLS: NorthwestMLS #2245978

NorthwestMLS logo

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