tomo logo

$675,000

Beds
2
Baths
2.0
sq ft
1,225

7600 SE 29th St Unit 402, Mercer Island, WA 98040

7600 SE 29th St Unit 402

Mercer Island, WA 98040

  • 11 days on market
No one above you or on either side of this one of a kind condo in the Devington Building on Mercer Island. Daylight drenched south-facing unit with atrium windows. Recently thorough upgrades including new interior paints, carpet & flooring, lighting fixture, countertop, hardware, etc. . Spacious master bedroom w. walk-in closet. One designated parking in secured garage (2nd car parking available) and storage room in the building. Minutes away from groceries, shops, restaurants, Light Rail, parks, and trails. Start to enjoy the quaint urban Island lifestyle in this prime location. Top rated Mercer Island Schools!

Details

Property type

Condominium

Est. home value

$584,464

Lot size

759 sq ft

Price per sq ft

$552

Year built

1979

Annual property taxes

$4,256

Monthly HOA fee

$658

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2286975

Listed
$675,000
+98.53%
04/16/2008
NorthwestMLS

NorthwestMLS #27189889

Sold
$340,000

Schools & Community

Elementary school: 

West Mercer Elem

Middle school: 

Islander Mid

High school: 

Mercer Isl High

Community features: 

Gated

School district: 

Mercer Island

Number of units in community: 

36

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

$615,765
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$5,235
Cash to seller
$615,765

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 Mtg Co

Loan start date

January 1996

Original loan amount

$50,000

Est. remaining balance

$5,235

Interest rate

7.35%

Loan type

Not Provided, 30 year

Seller

Emily T Balmert

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?

Status: Active

Tomo last checked: 09/16/2024 at 12:05 PM

Listing updated: 09/08/2024 at 11:28 PM

Listed by: Jennifer Wu, Agencyone Tacoma Phone #: (253) 365-1778

MLS: NorthwestMLS #2286975

NorthwestMLS logo

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