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$450,000

Beds
2
Baths
1.0
sq ft
893

9500 Rainier Ave S Unit 207, Seattle, WA 98118

9500 Rainier Ave S Unit 207

Seattle, WA 98118

  • 38 days on market
    • Price drop $15,000↓
Champagne taste on a beer budget? Live Lakefront w/ smashing world-class views from floor to ceiling in South Seattle's finest condo building. Sliders open to big, private covered lanai. Updated, open, kitchen/living rm, cut glass French doors create flex space at 2nd bdrm, craftsman trim & crown molding, full size washer/dryer in unit. Strong HOA just completed $5 Million Make Over & seller is paying assessment w/ no new special assessment on the horizon. MCM iconic building is built over Lake Washington with killer views & a super cool, friendly vibe. Secure gated entry, live on-site manager EZ commute + light rail. Deeded secure parking, storage, summer heated pool, pet friendly, level entry. Ask about $10K lender incentive.

Details

Property type

Condominium

Est. home value

$400,393

Lot size

Unknown

Price per sq ft

$504

Year built

1967

Annual property taxes

$3,726

Monthly HOA fee

$749

Price History

09/12/2024
NorthwestMLS

NorthwestMLS #2276449

Price change
$450,000
-3.23%
08/16/2024
NorthwestMLS

NorthwestMLS #2276449

Price change
$465,000
-3.73%
08/10/2024
NorthwestMLS

NorthwestMLS #2235595

Removed
$483,000
+0.65%

Schools & Community

Neighborhood: 

Dunlap

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse, Gated

School district: 

Seattle

Number of units in community: 

72

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

$234,114
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$179,886
Cash to seller
$234,114

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

Seller’s Loan History

Lender

Green Tree Servicing Llc

Loan start date

April 2013

Original loan amount

$244,000

Est. remaining balance

$179,886

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Russell Scott Leach and Caroline Christine Leah

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 6:50 PM

Listing updated: 09/12/2024 at 4:18 PM

Listed by: Darla Morton, Windermere Real Estate/PSR Inc Phone #: (425) 235-7777

MLS: NorthwestMLS #2276449

NorthwestMLS logo

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