Deal Snapshot:
- $505,000 Original Listing Price
- $504,000 Tax Value
- $399,900 Current Listing Price
- 24% OFF Current Market Value
- $139 per sq. ft.
House Details:
- 2,870 sq. ft.
- 4 Bedroom
- 2.75 Bath
Is now the right time to buy a home? Your mom says no, your friend says no, the guy down the street who walks the dog says no, definitely not! But, real estate agent Bob and friends claim it’s the perfect time. But, who’s right? In this case, your friends and family would most likely be right; UNLESS, you look at a very specific set of property.
Another week, another deal. Each week, starting last week, we will bring you a deal worth mentioning. Whether or not the market as a whole is the right time to buy, these homes are the right time to buy no matter what season.
And hey, if this isn’t your perfect home keep checking back each week as we post new deals, or drop us a line. We’ll find what’s out there for you.
Without further or do, the home:
This home in Kenmore is bank owned. The price was just slashed another $70k, and that’s after the listing agent had already dropped it $35k from original list price of $505k. This Kenmore home was built in 2005. 4 bedroom, 2.75 bath to create a whopping 2850 sq ft home that’s under $400k. The house is taxed assessed at $504k.
So, why is this a good deal? In the last 6 months- twenty eight Year 2000 or newer properties in the Kenmore 98028 zip code have been sold. The average price per square foot was $184.
In the last 6 months, four properties with 2000+ sq ft have sold within a half mile of this house. The average price per square foot was $182.
This house is currently listed at $139 per sq ft.
Anyway you slice it, this house should sit at $520k. Even with a full price offer of $399k, you can get it 24% off fair market value. And trust us, never go in with a full value. This house is owned by the bank, so there is no waiting for short sale approvals or foreclosure notices.
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