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$675,000

Beds
3
Baths
2.75
sq ft
2,250

727 SW 298th Pl, Federal Way, WA 98023

727 SW 298th Pl

Federal Way, WA 98023

  • 42 days on market
    • Price drop $35,000↓
Welcome to this inviting home with peek views of the Sound and mountains. Nestled in a prime Redondo location and quiet cul-de-sac, this spacious split-level home features vaulted ceilings and large windows that flood the living room with natural light. The formal dining room includes a slider to a huge two-level deck, overlooking a private, low-maintenance backyard with a garden shed. Upstairs includes a primary bedroom with its own bath and two additional bedrooms. Downstairs, you'll find a large rec room with a full bathroom and a bonus room that can be converted into a fourth bedroom or office. New interior and exterior paint. Enjoy walking distance to community beach access and close to Seattle, freeways, and SeaTac airport.

Details

Property type

Single Family Residence

Est. home value

$680,918

Lot size

9,590 sq ft

Price per sq ft

$300

Year built

1979

Annual property taxes

$6,162

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2275270

Price change
$675,000
-4.93%
08/08/2024
NorthwestMLS

NorthwestMLS #2275270

Listed
$710,000
+102.86%
06/30/2016
NorthwestMLS

NorthwestMLS #946571

Sold
$350,000

Schools & Community

Neighborhood: 

Buenna

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Federal Way

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

$419,033
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$201,967
Cash to seller
$419,033

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

Seller’s Loan History

Lender

Washington Federal National Association

Loan start date

June 2016

Original loan amount

$245,000

Est. remaining balance

$201,967

Interest rate

3.61%

Loan type

New Conventional, 30 year

Seller

Yu Chan Lin and Wei Tang Li

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 1:55 AM

Listing updated: 09/16/2024 at 9:18 AM

Listed by: Linus Lu, John L. Scott, Inc Phone #: (253) 852-9200

MLS: NorthwestMLS #2275270

NorthwestMLS logo

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