tomo logo

$699,000

Beds
6
Baths
2.0
sq ft
2,600

907 N Lawrence St, Tacoma, WA 98406

907 N Lawrence St

Tacoma, WA 98406

  • <1 day on market
Investor alert! This legal duplex with stunning Craftsman curb appeal is the perfect investment property. In a prime location and also just steps to the UPS campus, this home has been an incredibly reliable student rental for the past 18 years. Unit A (main + upper floors) offers 1,640 sq ft with 4 beds/1 bath featuring a spacious kitchen, and large formal living and dining rooms adorned by refinished fir floors. Freshly repainted interior and new lighting has this unit move-in ready. Unit B (lower level, leased through May 2025) features 960 sq ft with 2 beds/1 bath with a quality kitchen and finishes. Both units share a laundry room with exterior access. Separate electrical meters and tenants pay all utilities. This is a must see!

Details

Property type

Single Family Residence

Est. home value

$645,683

Lot size

4,275 sq ft

Price per sq ft

$269

Year built

1910

Annual property taxes

$6,995.81

HOA

No

Price History

10/21/2024
NorthwestMLS

NorthwestMLS #2293022

Removed
$739,000
+5.72%
10/21/2024
NorthwestMLS

NorthwestMLS #2304348

Listed
$699,000
-5.41%
09/18/2024
NorthwestMLS

NorthwestMLS #2293022

Listed
$739,000
+128.79%

Schools & Community

Neighborhood: 

North End

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Tacoma

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

$508,315
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$134,765
Cash to seller
$508,315

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

Seller’s Loan History

Lender

Legacy Group Lending Inc

Loan start date

January 2012

Original loan amount

$189,000

Est. remaining balance

$134,765

Interest rate

4%

Loan type

New Conventional, 30 year

Seller

John Deasy and Matt Stanford

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: 10/22/2024 at 2:00 PM

Listing updated: 10/22/2024 at 10:35 AM

Listed by: Matt Stanford, COMPASS Phone #: (206) 330-0314

MLS: NorthwestMLS #2304348

NorthwestMLS logo

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