Rachel Olson
COMPASS
(425) 598-0661
125 Total Sales
2 in Pine Park
$525K - $625K Price Range
Listed by Paragon Real Estate Advisors, Bought with Capstone Commercial
1116 5th Ave S Edmonds, WA 98020
Pine Park Neighborhood
--
Beds
--
Baths
25,700
Sq Ft
0.82
Acre Lot
Highlights
- Views of a Sound
- 0.82 Acre Lot
- Wall to Wall Carpet
- Sherwood Elementary School Rated 9+
About This Home
As of September 2019Price Reduced! 24-unit apartment community located in the highly sought-after and walkable downtown Edmonds Bowl neighborhood. 2 large buildings on a single lot the property has had many upgrades in the last three years to position it well for this great location. Mostly large two-bedroom units with washers and dryers as well as storage lockers. Significant upside potential in rents and ample on-site parking.
Last Agent to Sell the Property
Paragon Real Estate Advisors License #108410 Listed on: 02/05/2019
Co-Listed By
Eric Smith
Paragon Real Estate Advisors License #3434
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1408555
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $46,336
Year Built
- Built in 1977
Lot Details
- 35,719 Sq Ft Lot
Parking
- Open Parking
Property Views
- Views of a Sound
- Territorial Views
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 25,700 Sq Ft Home
- 3-Story Property
Flooring
- Wall to Wall Carpet
- Vinyl
Community Details
- Edmonds Bowl Subdivision
Listing and Financial Details
- Assessor Parcel Number 582000100700
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2019
Closed on
Sep 27, 2019
Sold by
Bought by
Seller's Agent
Ryan Iles
Paragon Real Estate Advisors
Buyer's Agent
John Downing
Capstone Commercial
List Price
$7,295,000
Sold Price
$7,000,000
Premium/Discount to List
-$295,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,433,782
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2019
Sold by
Bought by
Purchase Details
Listed on
Sep 9, 2015
Closed on
Nov 6, 2015
Sold by
Bought by
Seller's Agent
Jay Young
Real Property Associates, Inc.
Buyer's Agent
Ryan Iles
Paragon Real Estate Advisors
List Price
$4,750,000
Sold Price
$4,945,000
Premium/Discount to List
$195,000
4.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,035,000
Interest Rate
3.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 28, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,630,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Pine Park, WA
-
Rachel Olson
-
Hillary Lovitt
Hillary Lovitt
Real Broker LLC
(253) 265-4922
168 Total Sales
1 in Pine Park
$450,000 Price
-
Christine Andreasen
Christine Andreasen
eXp Realty
(206) 594-5375
234 Total Sales
1 in Pine Park
$900,000 Price
-
Mike Pavone
Mike Pavone
Windermere Real Estate/East
(206) 594-4100
167 Total Sales
1 in Pine Park
$550,000 Price
-
Maxwell McKinley
Maxwell McKinley
Windermere Real Estate GH LLC
(206) 681-2189
45 Total Sales
3 in Pine Park
$810K - $2M Price Range
-
Sheri Butler
Sheri Butler
Windermere Real Estate/East
(425) 428-5092
37 Total Sales
1 in Pine Park
$905,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $6,990,400 | Fidelity National Title | ||
| -- | None Available | ||
| $4,945,000 | Stewart | ||
| $2,350,000 | Lawyers Title Agency Of Wash |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $4,000,000 | ||
| Previous Owner | $3,035,000 | ||
| Previous Owner | $1,630,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2019 09/29/19 | Sold | $7,000,000 | -2.7% | $272 / Sq Ft | |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- | |
| 06/20/2019 06/20/19 | Price Changed | $7,195,000 | -1.4% | $280 / Sq Ft | |
| 06/20/2019 06/20/19 | For Sale | $7,295,000 | +4.2% | $284 / Sq Ft | |
| 06/18/2019 06/18/19 | Off Market | $7,000,000 | -- | -- | |
| 02/05/2019 02/05/19 | For Sale | $7,295,000 | +47.5% | $284 / Sq Ft | |
| 11/13/2015 11/13/15 | Sold | $4,945,000 | +4.1% | $178 / Sq Ft | View Prior Sale |
| 09/09/2015 09/09/15 | For Sale | $4,750,000 | -- | $171 / Sq Ft | |
| 06/16/2015 06/16/15 | Pending | -- | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $62,244 | $7,528,000 | $1,983,200 | $5,544,800 |
| 2025 | $53,981 | $7,547,700 | $1,826,800 | $5,720,900 |
| 2024 | $53,981 | $7,587,100 | $1,826,800 | $5,760,300 |
| 2023 | $49,235 | $7,170,800 | $1,826,800 | $5,344,000 |
| 2022 | $55,802 | $6,681,700 | $1,220,400 | $5,461,300 |
| 2020 | $46,966 | $5,029,600 | $1,120,400 | $3,909,200 |
| 2019 | $46,336 | $4,998,000 | $2,113,500 | $2,884,500 |
| 2018 | $53,630 | $4,998,000 | $1,917,300 | $3,080,700 |
| 2017 | $44,519 | $4,341,000 | $1,596,300 | $2,744,700 |
| 2016 | $30,173 | $2,915,000 | $1,391,200 | $1,523,800 |
| 2015 | $30,518 | $2,776,000 | $1,284,200 | $1,491,800 |
| 2013 | $29,795 | $2,556,000 | $1,498,200 | $1,057,800 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Iles
Seller's Agent in 2019
Ryan Iles
Paragon Real Estate Advisors
(206) 812-9115
1 in this area
26 Total Sales
-
ES
Seller Co-Listing Agent in 2019
Eric Smith
Paragon Real Estate Advisors
-
John Downing
Buyer's Agent in 2019
John Downing
Capstone Commercial
(206) 369-7320
1 in this area
1 Total Sale
-
Jay Young
JY
Seller's Agent in 2015
Jay Young
Real Property Associates, Inc.
(206) 930-2455
12 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1408555
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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