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$1,000,000

Beds
3
Baths
2.5
sq ft
2,300

866 S 245th St, Des Moines, WA 98198

866 S 245th St

Des Moines, WA 98198

  • 21 days on market
A beautifully upscaled home on a private street awaits you.Placed on a huge lot this magnificent renovated home boasts of new Premium Chestnut laminate wood flooring throughout the entire home. Large windows for extra sunlight to shine. New SS appliances, cabinets/counters/pantry with slideout drawers. Quartz counters in the kitchen and bathrooms. Fresh paint. Enjoy your primary bath with all trending upgrades and large walk-in closet.Norman soft touch blinds. Large yard with circular drive room for an RV.Long driveway for extra parking with lots of off street parking as well.There is an outhouse for gardening tools. Minutes from downtown, Slat Water Park, beaches, shopping, freeway, light rail and airport. Great home for entertaining.

Details

Property type

Single Family Residence

Est. home value

$689,635

Lot size

0.3554 acres

Price per sq ft

$435

Year built

1990

Annual property taxes

$7,539

Price History

08/28/2024
NorthwestMLS

NorthwestMLS #2285080

Listed
$1,000,000
+56.99%
11/02/2021
NorthwestMLS

NorthwestMLS #1844294

Sold
$637,000

Schools & Community

Neighborhood: 

Zenith

Elementary school: 

Des Moines Elem

Middle school: 

Buyer To Verify

High school: 

Mount Rainier High

School district: 

Highline

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

$466,655
Asking price
$1,000,000
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$453,345
Cash to seller
$466,655

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

October 2021

Original loan amount

$484,330

Est. remaining balance

$453,345

Interest rate

2.87%

Loan type

FHA, 30 year

Seller

Robert Allen Wallace and Jeongyeon Lee

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: 09/17/2024 at 10:05 PM

Listing updated: 09/17/2024 at 3:38 AM

Listed by: Lori A Kim, Skyline Properties, Inc. Phone #: (425) 455-2065

MLS: NorthwestMLS #2285080

NorthwestMLS logo

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