tomo logo

$499,000

Beds
3
Baths
1.5
sq ft
1,624

7536 McKinley Ave, Tacoma, WA 98404

7536 McKinley Ave

Tacoma, WA 98404

  • 72 days on market
    • Price drop $46,000↓
Great opportunity for a builder/investor. 5 LOTS! Home features a 1624sq ambler on 0.89 acre level lot. Preliminary short plat approval to build 4 more lots. This is a up and coming area with development projects popping up everywhere. Utilities go to existing home. Some street work to be completed. Critical areas assessment and Geotech completed. Dont miss out on this amazing opportunity. Buyer to do their own due diligence

Details

Property type

Single Family Residence

Est. home value

$528,448

Lot size

0.8939 acres

Price per sq ft

$308

Year built

1965

Annual property taxes

$5,360

Price History

06/18/2024
NorthwestMLS

NorthwestMLS #2227903

Price change
$499,000
-8.44%
05/22/2024
NorthwestMLS

NorthwestMLS #2227903

Price change
$545,000
-8.4%
04/24/2024
NorthwestMLS

NorthwestMLS #2227903

Listed
$595,000
+85.94%

Schools & Community

Neighborhood: 

South End

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

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

$183,325
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$275,755
Cash to seller
$183,325

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 2019

Original loan amount

$304,000

Est. remaining balance

$275,755

Interest rate

4.06%

Loan type

New Conventional, 30 year

Seller

Tahnee Bockas

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 7:50 PM

Listing updated: 06/18/2024 at 4:53 PM

Listed by: Inderveer Basra, Every Door Real Estate Phone #: (425) 243-3482

MLS: NorthwestMLS #2227903

NorthwestMLS logo

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