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6724 Marine View Drive
Score
60
Edmonds, WA

6724 Marine View Drive

2.1M
3 bd • 3 ba • 3,005 sf

This analysis was generated on 3/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$2,100,000
+129%vs 98026
Price/Sq.Ft
$699
+63%vs 98026
Within Fair Range
within range

Current Price

$2,100,000

Fair Range

$2,000,000 - $2,100,000

$2,100,000
Below Market-20%
Above Market+20%

Negotiation Leverage

3 points to consider in your offer

Recommended Offer

$2,050,000
Success Probability:High(65%)

AI Rationale

The offer reflects market conditions, needed repairs, and flood risk. The seller's potential motivation due to flood risk and end-of-summer timing supports this strategy.

Overall Score
60
78
Home Condition
89
Natural Light
41
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Weathered Wood Siding
Weathered Wood Siding

Weathered Wood Siding

The exterior wood siding appears weathered in areas, suggesting potential maintenance needs.

Custom Wood Entertainment Center
Custom Wood Entertainment Center

Custom Wood Entertainment Center

The living room features a custom wood entertainment center that may not appeal to all buyers.

Wood Paneling
Wood Paneling

Wood Paneling

The wood paneling in one of the bedrooms is a dated feature that may not appeal to all buyers.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

Nov
2017
$0Cash Purchase
November 28, 2017
From:Adam Kashishian
To:Devon Kashishian
Transfer On Death Deed
Non-Arm's Length Transactions

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$2,100,000
-30%List: $2,100,000+30%
20%
$420,000of $2,100,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $1,000/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$558,450
Closing Costs
+$138,450
Down Payment
$420,000
Buyer Agent Fee
$53,550
Loan Fees
$16,800
Title & Escrow
$12,600
Inspections
$900
Transfer Tax
$23,100
Prepaid Expenses
$31,500

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
0 days
vs 16 day average
This is a new listing, while homes in this area typically sell in 16 days
Inventory Health
41
homes for sale
38 homes sold last month, indicating 1.1x more supply than demand
Price Dynamics
100.6%
of asking price
Homes typically sell for 0.6% above asking price

Price Trajectory

$935,000
Current median price
+17.5%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is stable
Prices are up 1.1% over the last 3 months
3 Months
+1.1%
6 Months
+4.0%
1 Year
+17.5%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 128.6% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$935,000
3 Months Ago
$560,000
+67.0%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$2,100,000
Price/sqft
$699
Layout
3 bd3 ba
NaN

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,183,382

77.5%

Your price is 77.5% above average

Median Price

$1,200,444

74.9%

Based on 6 recent sales

Price per Sq.Ft

$439

59.2%

Your price is 59.2% above average $/sqft

Comparable Properties

6118 135th Street SW #36, Edmonds, WA 98026
Price: $1,200,444
Sq.Ft: 2,855
Beds/Baths: 4/3
$/Sq.Ft:
$42039.8%
Sale Date: 1/17/2025
6208 Bayview Drive, Mukilteo, WA 98275
Price: $1,200,000
Sq.Ft: 2,748
Beds/Baths: 4/3
$/Sq.Ft:
$43737.5%
Sale Date: 1/2/2025
12418 Scenic Drive, Edmonds, WA 98026
Price: $1,210,000
Sq.Ft: 2,452
Beds/Baths: 3/3
$/Sq.Ft:
$49329.4%
Sale Date: 2/5/2025
6106 135th Street SW #41, Edmonds, WA 98026
Price: $1,139,950
Sq.Ft: 2,855
Beds/Baths: 4/3
$/Sq.Ft:
$39942.9%
Sale Date: 10/28/2024
6116 135th Place SW #74, Edmonds, WA 98026
Price: $1,119,950
Sq.Ft: 2,855
Beds/Baths: 4/3
$/Sq.Ft:
$39243.9%
Sale Date: 10/17/2024
6125 135th Street SW #22, Edmonds, WA 98026
Price: $1,229,950
Sq.Ft: 2,501
Beds/Baths: 4/3
$/Sq.Ft:
$49229.6%
Sale Date: 11/25/2024

Schools

Nearby school quality by education level

Elementary

6.7/10
Good

Middle

6.0/10
Good

High

9.0/10
Excellent

Climate Risks

Assessment of climate-related hazards for this property

Major Risk Profile

This property has 0 severe, 1 major, and 1 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the weathered wood siding closely for signs of rot, insect damage, or moisture penetration, especially at the base and around windows/doors. Take detailed photos.

Inspect the vaulted ceilings for signs of water damage, staining, or sagging, especially around skylights or roof penetrations. Use a moisture meter if possible.

Test all appliances (Wolf & Sub-Zero in the kitchen) to ensure they are functioning correctly. Check for unusual noises, error messages, or signs of wear and tear.

Inspect the foundation for cracks, especially around the perimeter and near windows/doors. Look for signs of water intrusion or settling.

Questions to Ask

Important questions to ask during the tour

Given the extreme flood risk, what specific flood mitigation measures have been implemented on the property, and what is the current flood insurance premium?

Can you provide a copy of the most recent inspection report, if available, and disclose any known material defects that may not be readily visible?

Were there any renovations done without permits?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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