tomo logo

$474,950

Beds
3
Baths
1.0
sq ft
1,734

610 S Steele St, Tacoma, WA 98405

610 S Steele St

Tacoma, WA 98405

  • 70 days on market
    • Price drop $25,000↓
Centrally located 3 bed perfect walkable home. Currently occupied as air b and b booked mainly by travel nurses. Located in NCX zoning in the 6th Ave business district area. half a block from Dirty Oscar Annex bar, Gateway to India, Omalleys bar, Asado, blue beard coffee etc.. Keep using as Air B and B? Return to single family home? Convert to multi family? Add a ADU? finish basement. Tear down and build 20 units? Fenced back yard, old school Tacoma garage that holds up to 3 cars. Great investment now or for future build out.

Details

Property type

Single Family Residence

Est. home value

$412,631

Lot size

4,830 sq ft

Price per sq ft

$274

Year built

1900

Annual property taxes

$3,646

Price History

05/17/2024
NorthwestMLS

NorthwestMLS #2194718

Price change
$474,950
-5%
05/02/2024
NorthwestMLS

NorthwestMLS #2194718

Listed
$499,950
05/01/2024
NorthwestMLS

NorthwestMLS #2194718

Removed
$499,950

Schools & Community

Neighborhood: 

Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Tacoma

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

$122,592
Asking price
$474,950
Closing costs (~8% of asking)
-$37,996
Est. remaining loan balance
-$314,362
Cash to seller
$122,592

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

February 2022

Original loan amount

$324,000

Est. remaining balance

$314,362

Interest rate

3.22%

Loan type

New Conventional, 40 year

Seller

Alexander Casillas

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: 07/04/2024 at 7:20 PM

Listing updated: 07/02/2024 at 1:27 PM

Listed by: Chris Seim, eXp Realty Phone #: (888) 317-5197

MLS: NorthwestMLS #2194718

NorthwestMLS logo

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