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$795,000

Beds
5
Baths
2.0
sq ft
2,589

7311 228th St SW, Mountlake Terrace, WA 98043

7311 228th St SW

Mountlake Terrace, WA 98043

  • 35 days on market
    • Price drop $44,900↓
Rare single family home, 5 bedrooms, 2 baths, Mid Entry with permitted ADU, 2589 Sq Ft, 7,405 sq ft lot, 2 kitchens, 2 laundries, fireplace with huge fully fenced backyard w/ garden space. New Exterior paint.Commuters paradise with Bus stop right outside of property, closed to Park & Ride & new light rail, less than 20 minutes to Downtown Seattle. Perfect investment property, both levels are currently rented. Tenants are on month-to-month, but won't mind staying if allowed to do so by new owner(s)? Priced to sell, a rare find in today's market w/ great future expansion potentials. 2 driveway parkings, one of which is perfect for RV/boat with ample street parkings. Closed to schools, freeways, golf course, shopping with Easy freeway access.

Details

Property type

Single Family Residence

Est. home value

$651,939

Lot size

7,405 sq ft

Price per sq ft

$308

Year built

1962

Annual property taxes

$5,073

Price History

08/30/2024
NorthwestMLS

NorthwestMLS #2275246

Price change
$795,000
-5.35%
08/09/2024
NorthwestMLS

NorthwestMLS #2275246

Listed
$839,900
+85.61%
11/08/2019
NorthwestMLS

NorthwestMLS #1517427

Sold
$452,500

Schools & Community

Elementary school: 

Westgate ElemWg

Middle school: 

College Pl Mid

High school: 

Edmonds Woodway High

School district: 

Edmonds

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Finance Of America Mortgage Llc

Loan start date

January 2021

Original loan amount

$336,900

Est. remaining balance

$309,504

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Taranjit Singh Sekhon and Kamaljit Kaur Sekhon

Lender

United Wholesale Mortgage

Loan start date

November 2019

Original loan amount

$339,375

Est. remaining balance

$305,979

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Taranjit Singh Sekhon and Kamaljit Kaur Sekhon

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: 09/13/2024 at 8:35 AM

Listing updated: 08/30/2024 at 6:24 AM

Listed by: Basiru Kanyi, CENTURY 21 Real Estate Center Phone #: (425) 775-8525

MLS: NorthwestMLS #2275246

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