tomo logo

$494,900

Beds
3
Baths
1.0
sq ft
1,264

817 E 1st St, Arlington, WA 98223

817 E 1st St

Arlington, WA 98223

  • 308 days on market
    • Price drop $5,099↓
Seller says all offers considered on this fenced corner lot craftsman in The Old Town Residential District. The best priced home in Old Town Arlington, a convenient location; a commuter's dream! Walking distance to a variety of shops, restaurants, parks, & schools. Not just a home, it's an opportunity; ready to be restored to its former glory & subdivided to accommodate a second income-producing property. Surrounded by new construction & lovingly restored homes, the neighborhood is on the rise, a blend of historical character & modern potential. With original hardwood floors, a new roof, windows, & water heater, the stage is set for you to bring this era-accurate craftsman back to life, & to develop and diversify your investment portfolio.

Details

Property type

Single Family Residence

Est. home value

$554,580

Lot size

8,276 sq ft

Price per sq ft

$392

Year built

1926

Annual property taxes

$2,950

Price History

06/27/2024
NorthwestMLS

NorthwestMLS #2155947

Price change
$494,900
-1.02%
05/24/2024
NorthwestMLS

NorthwestMLS #2155947

Price change
$499,999
-2.91%
05/20/2024
NorthwestMLS

NorthwestMLS #2155947

Listed
$515,000

Schools & Community

Neighborhood: 

Old Town

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Arlington

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

$310,359
Asking price
$494,900
Closing costs (~8% of asking)
-$39,592
Est. remaining loan balance
-$144,949
Cash to seller
$310,359

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

August 2020

Original loan amount

$170,000

Est. remaining balance

$144,949

Interest rate

3.07%

Loan type

VA, 20 year

Seller

Glenn R Orr and Tammerilla L Orr

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: 06/30/2024 at 6:40 PM

Listing updated: 06/27/2024 at 12:04 PM

Listed by: Eric D. Snow, RE/MAX Whatcom County, Inc. Phone #: (360) 647-1313

MLS: NorthwestMLS #2155947

NorthwestMLS logo

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