tomo logo

$3,498,999

Beds
5
Baths
3.0
sq ft
4,222

711 Driftwood Pl, Edmonds, WA 98020

711 Driftwood Pl

Edmonds, WA 98020

  • 153 days on market
    • Price drop $151,001↓
Exceptional home in the coveted Edmonds Bowl! Great set up for multi-generational living. Perfectly sited on shy ½ acre offering 180-degree westerly views of mountains & sound from both levels. Fully fenced & manicured lot featuring a greenhouse. Enjoy sunsets on bamboo decks. Main level features a formal living rm w/gas fp, dining rm & great room w/updated kitchen boasting shaker maple cabinets, pental quartz countertops & breakfast nook w/floor-to-ceiling windows. Skylights & maple HW floors throughout add warmth & light. Primary suite offers a private deck & hot tub. Lower level is ADA accessible w/updated kitchen, living area w/fp,2 baths including ADA bath w/heated floors & 4 bedrms.Just blocks from downtown Edmonds&public beach access

Details

Property type

Single Family Residence

Est. home value

$2,601,281

Lot size

0.39 acres

Price per sq ft

$829

Year built

1986

Annual property taxes

$16,141

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2225681

Price change
$3,498,999
-4.14%
06/25/2024
NorthwestMLS

NorthwestMLS #2225681

Price change
$3,650,000
-2.67%
04/19/2024
NorthwestMLS

NorthwestMLS #2225681

Listed
$3,750,000
+108.33%

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Edmonds

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

$1,819,555
Asking price
$3,498,999
Closing costs (~8% of asking)
-$279,920
Est. remaining loan balance
-$1,399,524
Cash to seller
$1,819,555

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

Seller’s Loan History

Lender

Seattle Metropolitan Cu

Loan start date

November 2021

Original loan amount

$1,490,000

Est. remaining balance

$1,399,524

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Karen G Adams and Peter C Adams

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: 09/19/2024 at 1:10 AM

Listing updated: 09/16/2024 at 1:28 PM

Listed by: Melissa Challman, Redfin Phone #: (425) 529-5426

MLS: NorthwestMLS #2225681

NorthwestMLS logo

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