$262,000
SOLD AUG 31, 2020

16817 Larch Way Unit A204 Lynnwood, WA 98037

Martha Lake Neighborhood
2 Beds
1 Bath
930 Sq Ft
4.69 Acres

Recently Sold

$282 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • Wall to Wall Carpet
  • Dogs and Cats Allowed

About This Home

As of September 2022

Top Floor Condo w/easy commute access. This condo has been cared for with paint, laminate floors in living area and carpet in bedrooms. All appliances, plus W/D are included. The complex has repainted the exterior and trim of building plus renovated the balcony. HOA Fees include water/sewer/garbage & clubhouse amenities (24 hr indoor pool/hot tub/sauna/exercise & more). 2 reserved parking spots. Lease thru Sept but tenants are flexible. No Rental Cap/$50 Special Assessment to rebuild HOA.

Last Agent to Sell the Property

Cindy Welk

RE/MAX Elite License #104278

RE/MAX Elite

Last Buyer's Agent

Shelby Howard

Windermere Northwest Living License #123801

Windermere Northwest Living

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1616082

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 1989

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 01032200120400

Community Details

Overview

  • Martha Lake Community

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,793

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Unit Floor Number: 2
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Balcony
  • Estimated Sq Ft: 930
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Off Street, Uncovered
  • Parking Space Number: C-2 and 111

Utilities

  • Heating And Cooling: Baseboard, Forced Air
  • Water Heater: Laundry Closet-Electric

Condo/Co-op/Association

  • HOA Fees: 323
  • Community Name: Martha Lake
  • Project: Martha's Landing
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: Port Gardner Management (425) 339-1160
  • Association Contact: Tom Gish, Jr.
  • Common Property Features: Athletic Court, Cable Tv, Club House, Exercise Room, Hot Tub, Outside Entry, Pool-Indoor, Sauna
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Top Floor

Schools

  • Elementary School: Martha Lake ElemMl
  • Middle School: Alderwood Mid
  • High School: Lynnwood High
  • School District: ED

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 01032200120400

Rental Info

  • Monthly Rentif Rented: 1450

Tax Info

  • Tax Amount: 2271

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2022
Closed on
Sep 20, 2022
Sold by
Manning Alexsys
Bought by
Mcguffin Marie
Seller's Agent
Shelby Howard
Windermere Northwest Living
Buyer's Agent
Matt Dubas
Keller Williams Realty Bothell
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Total Days on Market
4
Current Estimated Value
$373,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,865
Avg. Annual Appreciation
3.63%
Original Mortgage
$333,841
Outstanding Balance
$321,336
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$52,529

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 20, 2020
Sold by
Whitford Terry
Bought by
Whitford Faith
Seller's Agent
Cindy Welk
RE/MAX Elite
Buyer's Agent
Shelby Howard
Windermere Northwest Living
List Price
$255,000
Sold Price
$262,000
Premium/Discount to List
$7,000
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.35%
Original Mortgage
$248,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 30, 2020
Sold by
Welk Matthew L and Welk Kaleen
Bought by
Manning Alexsys and Manning Gabriel
Seller's Agent
Cindy Welk
RE/MAX Elite
Buyer's Agent
Shelby Howard
Windermere Northwest Living
List Price
$255,000
Sold Price
$262,000
Premium/Discount to List
$7,000
2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,900
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2009
Sold by
Welk Matthew L and Welk Kaleen
Bought by
Welk Matthew L and Welk Kaleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,307
Interest Rate
4.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2005
Sold by
Marthas Landing Investors
Bought by
Welk Matthew L

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 $340,000 First American Title
Interfamily Deed Transfer -- Old Republic Title Ltd
Warranty Deed $262,000 Old Republic Title Ltd
Interfamily Deed Transfer -- Accommodation
Warranty Deed $144,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,841 FHA
Previous Owner $248,900 New Conventional
Previous Owner $122,572 New Conventional
Previous Owner $141,307 Unknown
Previous Owner $141,000 Unknown
Previous Owner $51,999 Unknown
Closed $15,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $340,000 -2.9% $366 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $350,000 +33.6% $376 / Sq Ft
08/31/2020 08/31/20 Sold $262,000 +2.7% $282 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $255,000 -- $274 / 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 $2,793 $326,500 $75,000 $251,500
2024 $2,793 $326,500 $73,000 $253,500
2023 $2,522 $306,000 $68,500 $237,500
2022 $2,531 $251,000 $58,000 $193,000
2020 $2,588 $229,000 $50,500 $178,500
2019 $2,271 $199,000 $47,000 $152,000
2018 $2,106 $162,000 $29,500 $132,500
2017 $1,358 $105,000 $27,000 $78,000
2016 $1,281 $99,000 $26,000 $73,000
2015 $1,341 $99,000 $24,000 $75,000
2013 $1,143 $79,000 $24,000 $55,000
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1616082

Northwest Multiple Listing Service (NWMLS)

APN: 010322-001-204-00