Listed by KW Greater Seattle, Bought with Richmond Realty of Washington
$360,000
SOLD OCT 18, 2022

1132 N 198th St Unit C302 Shoreline, WA 98133

Echo Lake Neighborhood
2 Beds
2 Baths
842 Sq Ft
$317/mo HOA Fee

Recently Sold

$428 Per Sq Ft

15% Below List Price

94 Days on Market

Highlights

  • Boat Dock
  • Unit is on the top floor
  • Secluded Lot
  • Echo Lake Elementary School Rated A-
  • Property is near public transit
  • Traditional Architecture

About This Home

As of October 2022

Tremendous value in this top floor, spacious unit steps from Echo Lake. Great layout with generously sized bdrms. Fresh paint, ss appliances, vinyl flooring in living areas. Covered deck with storage extends the living area. Stay cozy with wood fireplace, newer H2O heater; full size w&d to stay. Gated park area on the lake w/ dock for residents only. Transit Ctr. 2 blks away, and Interurban Trail nearby for walks. Ten min. to Dtn. Edmonds for your fave craft cocktail bar/restaurant or ferry to the Peninsula for hiking! Dogs & cats allowed w/no breed or size rest. NO RENTAL CAP! Ideal for first time buyer or investor. Agent giving $100 Sky Nursery card & Tide soap for 1st 168 loads!

Last Agent to Sell the Property

Jenifer Bitzer

KW Greater Seattle License #20108733 Listed on: 06/24/2022

KW Greater Seattle

Last Buyer's Agent

Stephen Katzenberger

Richmond Realty of Washington License #132802

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1958285

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,116

Year Built

  • Built in 1986

Lot Details

  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $317 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 842 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Docks
  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Echo Lake Elementary School
  • Albert Einstein Mid Middle School
  • Shorewood High School

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 2231300880

Community Details

Overview

  • Association fees include common area maintenance, lawn service
  • 92 Units
  • Mike Gordon (Kappes Miller) Association
  • Secondary HOA Phone (425) 688-2044
  • Echo Lake Waterfront Condominiums
  • Echo Lake Subdivision
  • Park Phone (425) 688-2044 | Manager Mike Gordon

Recreation

  • Boat Dock

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,116

Year Built

Built in 1986

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1986
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Echo Lake Waterfront Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 842
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 27
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Top Floor
  • Special Features: VirtualTour
  • Cumulative Days on Market: 1,112

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Deck
  • WindowCoverings: Yes

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true
  • BusRouteNumber: Multiple

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 11

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Wood, Common Area Maintenance
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric
  • WaterHeaterLocation: 2nd Bedroom Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Dock, High Speed Int Avail, Outside Entry, See Remarks
  • Park Manager Name: Mike Gordon
  • Park Manager Phone: 425-688-2044
  • Senior Community: No
  • Association Fee: 317
  • Association Fee Frequency: Monthly
  • Phone: 425-688-2044
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Mike Gordon (Kappes Miller)
  • CoOp: false
  • CommonPropertyFeatures: Dock,High Speed Int Avail,Outside Entry,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service

Schools

  • Junior High Dist: Shoreline
  • High School: Shorewood High
  • Middle Or Junior School: Albert Einstein Mid

Lot Info

  • Parcel Number: 2231300880
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Tax Records

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3116

Multi Family

  • Number Of Units In Community: 92
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 102

MLS Schools

  • Elementary School: Echo Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 7, 2022
Sold by
Thurman Adriana Michelle
Bought by
Green Jennifer Lee
Seller's Agent
Jenifer Bitzer
KW Greater Seattle
Buyer's Agent
Stephen Katzenberger
Richmond Realty of Washington
List Price
$425,000
Sold Price
$360,000
Premium/Discount to List
-$65,000
-15.29%
Current Estimated Value
$362,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,450
Avg. Annual Appreciation
-0.57%
Original Mortgage
$342,000
Outstanding Balance
$330,325
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$23,978

Purchase Details

Listed on
Feb 24, 2012
Closed on
May 8, 2012
Sold by
Fannie Mae
Bought by
Thurman Adrianna Michelle
Seller's Agent
Jeff Hoover
Northwest Lifestyles
Buyer's Agent
Sally Thompson
RE/MAX Northwest
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Original Mortgage
$92,150
Interest Rate
3.85%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Ng Kian Chai and Loh Wai See
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 13, 2006
Sold by
Echo Lake Waterfront Condominiums Llc
Bought by
Ng Kian Chai and Loh Wai See

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,200
Interest Rate
6.15%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Commonwealth Land Title
Warranty Deed -- Stewart Title
Warranty Deed -- None Available
Warranty Deed $181,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,000 New Conventional
Previous Owner $92,150 No Value Available
Previous Owner $36,200 No Value Available
Previous Owner $144,800 No Value Available
Previous Owner $36,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $360,000 -7.0% $428 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $387,000 -3.2% $460 / Sq Ft
07/29/2022 07/29/22 Price Changed $399,999 -2.1% $475 / Sq Ft
07/10/2022 07/10/22 Price Changed $408,500 -3.9% $485 / Sq Ft
06/24/2022 06/24/22 For Sale $425,000 +347.4% $505 / Sq Ft
05/14/2012 05/14/12 Sold $95,000 0.0% $113 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $95,000 -- $113 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $3,418 $308,000 $64,300 $243,700
2023 $3,157 $333,000 $64,300 $268,700
2022 $3,116 $298,000 $64,300 $233,700
2021 $3,141 $266,000 $64,300 $201,700
2020 $3,278 $245,000 $64,300 $180,700
2018 $2,487 $249,000 $64,300 $184,700
2017 $1,920 $196,000 $64,300 $131,700
2016 $1,679 $156,000 $64,300 $91,700
2015 $1,304 $130,000 $59,500 $70,500
2014 -- $97,000 $59,500 $37,500
2013 -- $86,000 $56,300 $29,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1958285

Northwest Multiple Listing Service (NWMLS)

APN: 223130-0880