Listed by RE/MAX Elite, Bought with Windermere Northwest Living
$262,000
SOLD AUG 31, 2020

16817 Larch Way Unit A204 Lynnwood, WA 98037

Martha Lake Neighborhood
2 Beds
1 Bath
930 Sq Ft
$323/mo HOA Fee

Recently Sold

$282 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Indoor Pool
  • Unit is on the top floor
  • Property is near public transit
  • Sauna

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 Listed on: 06/18/2020

RE/MAX Elite

Last Buyer's Agent

Shelby Howard

Windermere Northwest Living License #123801

Windermere Northwest Living

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1616082

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 1989

HOA Fees

  • $323 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Blinds

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony

Location

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

Schools

  • Martha Lake Elemml Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01032200120400

Community Details

Overview

  • Association fees include common area maintenance, garbage, water/sewer
  • Tom Gish, Jr. Association
  • Martha's Landing Condos
  • Martha Lake Subdivision
  • Park Phone (425) 339-1160 | Manager Port Gardner Management

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Fitness Center
  • Community Indoor Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,271

Year Built

Built in 1989

Lot Details

0

HOA Fees

$323 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Martha's Landing
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 930
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 12
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Top Floor
  • SOCComments: Use Showing Time w/1 Hour's Notice
  • Special Features: None
  • Cumulative Days on Market: 30

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Washer
  • StorageLocation: Balcony
  • WindowCoverings: Blinds

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport, Off Street, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: C-2 and 111

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Laundry Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Exercise Room, Hot Tub, Outside Entry, Indoor Pool, Sauna, See Remarks
  • Park Manager Name: Port Gardner Management
  • Park Manager Phone: 425-339-1160
  • Senior Community: No
  • Association Fee: 323
  • Association Fee Frequency: Monthly
  • Association: Yes
  • AssociationContactName: Tom Gish, Jr.
  • CommonPropertyFeatures: Athletic Court,Cable TV,ClubHouses,Exercise Room,Hot Tub,Outside Entry,Pool-Indoor,Sauna,See Remarks

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Water/Sewer

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 01032200120400
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2271

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Martha Lake ElemMl

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%
Current Estimated Value
$366,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,834
Avg. Annual Appreciation
3.73%
Original Mortgage
$333,841
Outstanding Balance
$321,336
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$56,066

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
Source: Public Records

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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 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
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

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1616082

Northwest Multiple Listing Service (NWMLS)

APN: 010322-001-204-00