tomo logo

$289,000

Beds
2
Baths
1.0
sq ft
646

705 N Water St, Ellensburg, WA 98926

705 N Water St

Ellensburg, WA 98926

  • 115 days on market
    • Price drop $10,000↓
Located just a few blocks from downtown Ellensburg and Central Washington University, this 2 bed, 1 bath home is move in ready & recently updated with all new finishes. Lots of options here with central commercial zoning, the home features new electrical, plumbing, flooring, paint, cabinets, windows, fixtures, flooring, granite counters, appliances & hot water heater. New insulation in the walls & spray foam insulation underneath. Easy alley access for parking & room for an RV, or make it in to a big back yard. Highly efficient floor plan makes for a great place to call home, an office or a business.

Details

Property type

Single Family Residence

Est. home value

$299,070

Lot size

3,600 sq ft

Price per sq ft

$448

Year built

1920

Annual property taxes

$2,202

Price History

08/27/2024
NorthwestMLS

NorthwestMLS #2247437

Price change
$289,000
-3.34%
07/17/2024
NorthwestMLS

NorthwestMLS #2247437

Price change
$299,000
-3.39%
06/12/2024
NorthwestMLS

NorthwestMLS #2247437

Listed
$309,500
+8.6%

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Morgan Mid

High school: 

Ellensburg High

School district: 

Ellensburg

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

$115,764
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$150,116
Cash to seller
$115,764

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

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

July 2022

Original loan amount

$155,000

Est. remaining balance

$150,116

Interest rate

5.25%

Loan type

New Conventional, 30 year

Seller

Matthew L Potter and Jean Lynn Lewis

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: 10/04/2024 at 6:35 PM

Listing updated: 08/27/2024 at 4:14 PM

Listed by: Erich Cross, Windermere R. E. Ellensburg Phone #: (509) 925-5577

MLS: NorthwestMLS #2247437

NorthwestMLS logo

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