Listed by Windermere R.E. Shoreline, Bought with KW Greater Seattle
NOT LISTED FOR SALE

1150 N 198th St Unit H-101 Shoreline, WA 98133

Echo Lake Neighborhood

Estimated Value: $343,000 - $408,232

2 Beds
1 Bath
731 Sq Ft
$272/mo HOA Fee

Last Sold June 02, 2022

Last sale price $425,000 $581 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,500/month

Highlights

  • Lake Front
  • Boat Dock
  • 3.08 Acre Lot
  • Echo Lake Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of June 2022

Rarely available corner unit in coveted Echo Lake Waterfront Condominiums, set in an amazing Shoreline location with a beautiful view of Echo Lake. Look out the patio door to the water's edge. This east-facing unit has easy access to the dock; a fantastic place to take in the morning light or a sunset after a long day. Kayak or SUP the lake. A wood burning fireplace keeps things cozy while enjoying the peaceful yard and lake. Features include in-unit laundry and abundant closet space! Small, well-maintained building. Ground floor, private storage, reserved & guest parking. No rental cap. Swift and easy commutes via Hwy-99, I-5, plus future light rail. Blocks to Interurban trail, restaurants, amenities and nearby parks.

Last Agent to Sell the Property

J.C. Gagnaire

Windermere R.E. Shoreline License #20109043 Listed on: 04/28/2022

Windermere R.E. Shoreline

Last Buyer's Agent

Teresa Berish

KW Greater Seattle License #22953

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1922883

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,025

Year Built

  • Built in 1986

Lot Details

  • Lake Front
  • End Unit
  • Street terminates at a dead end
  • East Facing Home
  • Private Yard

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 731 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Blinds
  • Lake Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Carport
  • Uncovered Parking

Outdoor Features

  • Docks
  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit
  • Property is near a bus stop

Schools

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

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2231300730

Community Details

Overview

  • Association fees include common area maintenance, lawn service, sewer
  • 102 Units
  • Mike Gordan Association
  • Secondary HOA Phone (425) 646-2776
  • Echo Lake Waterfront Condominiums
  • Echo Lake Subdivision
  • Park Phone (425) 646-2776 | Manager Mike Gordan
  • Property is near a preserve or public land

Recreation

  • Boat Dock

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,025

Year Built

Built in 1986

Lot Details

0

HOA Fees

$272 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: Contemporary
  • Building Name: Echo Lake Waterfront Condominiums
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 731
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 4
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Yard
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio, Yard, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1
  • BathsFullMain: 1
  • 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: 1
  • StorageNo: Private
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Patio
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Adjacent to Public Land, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Metal/Vinyl, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: 37

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance
  • HeatingCoolingType: Baseboard,Wall
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Dock, Fire Sprinklers, High Speed Int Avail, Gated, See Remarks
  • Park Manager Name: Mike Gordan
  • Park Manager Phone: 425-646-2776
  • Senior Community: No
  • Association Fee: 272
  • Association Fee Frequency: Monthly
  • Phone: 425-646-2776
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • AssociationContactName: Mike Gordan
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Dock,Fire Sprinklers,High Speed Int Avail,Security Gate,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Lawn Service, Sewer

Schools

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

Lot Info

  • Parcel Number: 2231300730
  • Lot Size Acres: 3.0786
  • Lot Size Sq Ft: 134105
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3025

Multi Family

  • Number Of Units In Community: 102
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6

MLS Schools

  • Elementary School: Echo Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 26, 2022
Sold by
Bordignon Jane F and Johnson Jane F
Bought by
Homchick Tera E
Seller's Agent
J.C. Gagnaire
Windermere R.E. Shoreline
Buyer's Agent
Teresa Berish
KW Greater Seattle
List Price
$349,950
Sold Price
$425,000
Premium/Discount to List
$75,050
21.45%
Current Estimated Value
$369,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,442
Avg. Annual Appreciation
-4.30%
Original Mortgage
$340,000
Outstanding Balance
$323,527
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$43,876

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jul 20, 2017
Sold by
Helwig Catherine
Bought by
Bordignon Jane F
Seller's Agent
Robb Strommen
eXp Realty
Buyer's Agent
J.C. Gagnaire
Windermere R.E. Shoreline
List Price
$239,000
Sold Price
$282,000
Premium/Discount to List
$43,000
17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.83%

Purchase Details

Closed on
Mar 3, 2011
Sold by
The Bank Of New York Mellon
Bought by
Helwig Catherine

Purchase Details

Closed on
Sep 20, 2010
Sold by
Lomeli Launa M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 22, 2005
Sold by
Echo Lake Waterfront Condominiums Llc
Bought by
Lomeli Launa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
6.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Homchick Tera E $425,000 Old Republic Title
Bordignon Jane F $282,000 First American Title Ins Co
Helwig Catherine $65,000 First American
The Bank Of New York Mellon $138,600 None Available
Lomeli Launa M $190,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homchick Tera E $340,000
Previous Owner Lomeli Launa M $152,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $425,000 +21.4% $581 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $349,950 +24.1% $479 / Sq Ft
07/26/2017 07/26/17 Sold $282,000 +18.0% $386 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $239,000 -- $327 / 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 $3,326 $300,000 $55,200 $244,800
2023 $3,030 $340,000 $55,200 $284,800
2022 $2,933 $286,000 $55,200 $230,800
2021 $3,025 $250,000 $55,200 $194,800
2020 $3,057 $236,000 $55,200 $180,800
2018 $2,408 $236,000 $55,200 $180,800
2017 $1,790 $190,000 $55,200 $134,800
2016 $1,566 $145,000 $55,200 $89,800
2015 $1,188 $121,000 $51,100 $69,900
2014 -- $88,000 $51,100 $36,900
2013 -- $84,000 $48,300 $35,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1922883

Northwest Multiple Listing Service (NWMLS)

APN: 223130-0730