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$490,000

Beds
2
Baths
2.0
sq ft
927

8512 16th Ave NW Unit 202, Seattle, WA 98117

8512 16th Ave NW Unit 202

Seattle, WA 98117

  • Pending
CONTINGENT OFFER ACCEPTED - BACK UP OFFERS WELCOME. Nestled on the second floor of a 3-story boutique building with just 5 units, this 2-bed, 2-bath residence offers a serene retreat for city living. Step inside to find a beautifully updated kitchen, inviting living spaces bathed in light, and a spacious primary bedroom with en suite. Enjoy coffee on the small outdoor patio, offering views of the Olympic Mountains and daily sunsets in the distance. The location is a dream with a walk score of 88 and only 1 mile from Golden Gardens. Plus, with low HOA dues ($280/mo) and a pet-friendly policy, this home offers a truly exceptional living experience. Professionally cleaned and pre-inspected, this home is move-in ready!

Details

Property type

Condominium

Est. home value

$509,466

Lot size

Unknown

Price per sq ft

$529

Year built

1998

Annual property taxes

$4,461

Monthly HOA fee

$280

Price History

05/23/2024
NorthwestMLS

NorthwestMLS #2217276

Pending
$490,000
04/10/2024
NorthwestMLS

NorthwestMLS #2217276

Listed
$490,000
+6.52%
03/18/2021
NorthwestMLS

NorthwestMLS #1723873

Sold
$460,000
+3.37%

Schools & Community

Neighborhood: 

Olympic Manor

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

Number of units in community: 

5

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

$66,109
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$384,691
Cash to seller
$66,109

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

March 2021

Original loan amount

$414,000

Est. remaining balance

$384,691

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Rebecca Speiran

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: Pending/Under Contract

Tomo last checked: 06/02/2024 at 3:35 PM

Listing updated: 05/23/2024 at 9:49 AM

Listed by: Jeanie Kendall, KW Greater Seattle Phone #: (206) 632-2636

MLS: NorthwestMLS #2217276

NorthwestMLS logo

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