tomo logo

$1,065,000

Beds
2
Baths
2.0
sq ft
1,464

7800 SE 27th St Unit 201, Mercer Island, WA 98040

7800 SE 27th St Unit 201

Mercer Island, WA 98040

  • 67 days on market
    • Price drop $35,000↓
HUGE PRICE DROP -Welcome to 7800 Plaza. This end unit condo is spacious, quiet, clean, and updated. Smack dab in the middle of downtown, you are close to everything. This modern home has wide halls, open floor plan, & accessibility features. Enjoy an 89 walk score, proximity to park & ride, new light rail station, & Greta Hackett sculpture park. Gated entry and garage offer secure parking (2 spots). Generously sized bedrooms, abundant closets, kitchen pantry, and spacious laundry room. Pet-friendly w/no rental cap, no special assessments, and pre-inspected. Special 1% int rate buy-down w/preferred lender. First time in years that a unit is available for sale. Don't miss out on this convenient and stylish living space!

Details

Property type

Condominium

Est. home value

$1,115,514

Lot size

Unknown

Price per sq ft

$728

Year built

2009

Annual property taxes

$6,515

Monthly HOA fee

$1,044

Price History

06/22/2024
NorthwestMLS

NorthwestMLS #2230425

Price change
$1,065,000
-3.18%
06/11/2024
NorthwestMLS

NorthwestMLS #2230425

Price change
$1,100,000
-2.65%
05/21/2024
NorthwestMLS

NorthwestMLS #2230425

Price change
$1,130,000
-1.74%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

School district: 

Mercer Island

Number of units in community: 

24

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

$564,215
Asking price
$1,065,000
Closing costs (~8% of asking)
-$85,200
Est. remaining loan balance
-$415,585
Cash to seller
$564,215

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$448,405

Est. remaining balance

$415,585

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kerou Chang

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: 07/07/2024 at 3:20 PM

Listing updated: 06/21/2024 at 11:25 PM

Listed by: Anna Schwartz, John L Scott RE West Seattle Phone #: (206) 935-7700

MLS: NorthwestMLS #2230425

NorthwestMLS logo

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