tomo logo

$625,000

Beds
3
Baths
2.5
sq ft
1,607

825 Nevada St, Bellingham, WA 98229

825 Nevada St

Bellingham, WA 98229

  • 81 days on market
    • Price drop $19,000↓
If you’ve been looking for something central to town, with good schools, functional layout, and owners that have been meticulous about maintenance, this home checks every box. From the luxury vinyl floors, to newer hot water heater (2022) & 2 stage furnace (2015), this home has been well cared for. You will love the large fully fenced yard, backyard patio w/ garden shed, & especially the adjacent greenspace that provides space and a treed buffer between yourselves and the neighbors. The roof was replaced in 2019 & many of the kitchen appliances are newer, allowing you to move-in w/ confidence. Boasting a true primary suite w/ walk-in closet, you will love the upstairs spaces including office alcove, two additional bedrooms, & guest bath.

Details

Property type

Single Family Residence

Est. home value

$574,869

Lot size

4,000 sq ft

Price per sq ft

$389

Year built

1992

Annual property taxes

$4,372

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2257779

Price change
$625,000
-2.95%
07/24/2024
NorthwestMLS

NorthwestMLS #2257779

Price change
$644,000
-0.77%
06/27/2024
NorthwestMLS

NorthwestMLS #2257779

Listed
$649,000
+164.9%

Schools & Community

Neighborhood: 

Puget

Elementary school: 

Happy Vly Elem

Middle school: 

Fairhaven Mid

High school: 

Sehome High

School district: 

Bellingham

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

$428,207
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$146,793
Cash to seller
$428,207

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2015

Original loan amount

$225,000

Est. remaining balance

$146,793

Interest rate

3.76%

Loan type

New Conventional, 20 year

Seller

Cody J Bormuth and Naomi J Bormuth

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: 09/16/2024 at 12:10 PM

Listing updated: 09/05/2024 at 4:28 PM

Listed by: Gordon Neufeld, Muljat Group Phone #: (360) 733-3030

MLS: NorthwestMLS #2257779

NorthwestMLS logo

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