Listed by eXp Realty, Bought with Pellego, Inc.
$655,000
SOLD JAN 31, 2025

1133 161st St SW Unit B Lynnwood, WA 98087

Martha Lake Neighborhood
4 Beds
3.5 Baths
2,638 Sq Ft
$100/mo HOA Fee

Recently Sold

$248 Per Sq Ft

9% Above List Price

6 Days on Market

Highlights

  • Unit is on the top floor
  • Property is near public transit
  • End Unit
  • Lake View
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of January 2025

Breathtaking Lake Views! This top-floor Martha Lake condo, with a fully remodeled 1-bedroom, 1-bath living addition, offers stunning lake views and modern updates. The main unit features 3 bedrooms, 2.5 bathrooms, new paint, flooring, and updated bathrooms. The kitchen boasts stainless steel appliances, an island with bar seating, and a pantry. Enjoy open-concept living, dining, and kitchen spaces filled with natural light. The luxurious primary suite includes lake views, a walk-in closet, and a 5-piece bath. The converted space has a private entry, covered garage, perfect for a house hacker or multigenerational living. Minutes from Martha Lake, shopping, and freeway access, with ample parking for friends!

Last Agent to Sell the Property

Andrew Hayashi

eXp Realty License #22022585

eXp Realty

Co-Listed By

Jarik Bautista

eXp Realty License #22007950

Last Buyer's Agent

Trisha Ghelani

Pellego, Inc. License #125620

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2320487

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 2004

Lot Details

  • End Unit
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,638 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Lake Views

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Gas Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • 2 Units
  • Jesse Jensen Association
  • Secondary HOA Phone (206) 406-7975
  • Lakes View Condo
  • Martha Lake Subdivision
  • Park Manager: Jesse Jensen

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,787

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lakes View Condo
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2638
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Jetted/Soaking Tub,Primary Bath,Top Floor,Vaulted Ceilings,Walk-in Closet
  • DetachedDwellingSqFtFinished: 0
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2320487?w=Consumer&agent=106472
  • Special Features: None
  • Cumulative Days on Market: 85

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Cooking-Gas, Dryer-Gas, Fireplace, Wall to Wall Carpet, Washer
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • FireplacesUpper: 1
  • StorageLocation: Attic
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: See Remarks,Unit
  • BusRouteNumber: 121, 166, Swift Or.

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered

Utilities

  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Gas,Washer
  • PowerCompany: Snohomish PUD
  • SewerCompany: Alderwood Water
  • WaterCompany: Alderwood Water
  • WaterHeaterLocation: 2nd bedroom closet

Condo/Co-op/Association

  • Park Manager Name: Jesse Jensen
  • Senior Community: No
  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Phone: 206-406-7975
  • Association: Yes
  • Pets Allowed: Yes
  • AssociationContactName: Jesse Jensen

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 01042700000200
  • Lot Size Acres: 0.2478
  • Lot Size Sq Ft: 10793
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5787

Multi Family

  • Number Of Units In Community: 2
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 2

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Jan 29, 2025
Sold by
Kim Brian
Bought by
Ghelani Madhavi Kalki and Ghelani Ketan
Seller's Agent
Andrew Hayashi
eXp Realty
Buyer's Agent
Trisha Ghelani
Pellego, Inc.
List Price
$600,000
Sold Price
$655,000
Premium/Discount to List
$55,000
9.17%
Total Days on Market
6
Views
46
Current Estimated Value
$668,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,181
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
May 20, 2015
Closed on
Oct 16, 2015
Sold by
Bedean Inc
Bought by
Kim Brian
Seller's Agent
Marty Leese
Workman Real Estate Services
Buyer's Agent
Zachary Ishimitsu
Modern Living Real Estate
List Price
$375,000
Sold Price
$337,000
Premium/Discount to List
-$38,000
-10.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$272,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $655,000 Ticor Title
Warranty Deed $340,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $655,000 +9.2% $248 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $600,000 +78.0% $227 / Sq Ft
10/28/2015 10/28/15 Sold $337,000 -3.7% $161 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
09/05/2015 09/05/15 Price Changed $350,000 -6.7% $168 / Sq Ft
07/25/2015 07/25/15 For Sale $375,000 0.0% $180 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $375,000 -- $180 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2025 $5,787 $715,600 $362,600 $353,000
2024 $5,787 $695,800 $342,800 $353,000
2023 $6,179 $778,100 $376,000 $402,100
2022 $5,734 $587,600 $243,000 $344,600
2020 $5,719 $519,300 $221,200 $298,100
2019 $5,406 $488,500 $195,500 $293,000
2018 $5,272 $419,600 $155,600 $264,000
2017 $4,595 $378,500 $128,100 $250,400
2016 $4,560 $377,400 $122,400 $255,000
2015 $4,402 $346,100 $105,300 $240,800
2013 $3,534 $262,800 $81,500 $181,300
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2320487

Northwest Multiple Listing Service (NWMLS)

APN: 010427-000-002-00