NOT LISTED FOR SALE

16817 Larch Way Unit F207 Lynnwood, WA 98037

Martha Lake Neighborhood

Estimated Value: $376,968 - $414,000

2 Beds
2 Baths
963 Sq Ft
$351/mo HOA Fee

Last Sold February 28, 2022

Last sale price $350,000 $363 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,767/month

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Unit is on the top floor
  • Territorial View
  • Community Pool

About This Home

As of February 2022

Centrally located 2 bedrooms, 2 bath Condo in Martha Lake community at Martha's Landing. Unit faces the courtyard which includes a great play area! Enjoy your cozy wood burning fireplace in the living room. Private deck, with storage. In-unit utility room with full size washer and dryer. Two parking spots close to unit. Perfect location, minutes from schools, bus, I-5 & I-405, Alderwood Mall, Mill Creek town center, restaurants, parks, Martha Lake, plus the park and ride. Enjoy the club house which features an entertainment room, hot tub, indoor pool, sauna, and fitness center. New: Roof, Exterior paint, Landscaping, Paved parking lot & newly resurfaced pool. Condo is vacant & virtually staged.

Last Listed By

Frank Chaviano

KW Everett License #21001889 Listed on: 01/27/2022

KW Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1879610

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,427

Year Built

  • Built in 1989

Lot Details

  • 4.69

HOA Fees

  • $351 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Composite

Interior Spaces

  • 963 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Territorial Views

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor

Schools

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

Utilities

  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01032200620700

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, water
  • 100 Units
  • Tom Gish Association
  • Secondary HOA Phone (425) 508-8066
  • Martha Lake Community Condos
  • Martha Lake Subdivision
  • Park Phone (425) 508-8066 | Manager Tom

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,427

Year Built

Built in 1989

Lot Details

0

HOA Fees

$351 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1989
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Martha Lake Community
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 963
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 16
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Top Floor
  • Special Features: None
  • Cumulative Days on Market: 839

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 2
  • 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: 2
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 137,138

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Cable TV, Club House, Exercise Room, High Speed Int Avail, Hot Tub, Playground, Pool, Sauna
  • Park Manager Name: Tom
  • Park Manager Phone: 425-508-8066
  • Senior Community: No
  • Association Fee: 351
  • Association Fee Frequency: Monthly
  • Phone: 425-508-8066
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Tom Gish
  • CommonPropertyFeatures: Cable TV,Club Houses,Exercise Room,High Speed Int Avail,Hot Tub,Playground,Pool-Outdoor,Sauna

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 01032200620700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2427

Multi Family

  • Number Of Units In Community: 100
  • EnergySource: Electric
  • UnitsInBuildingTotal: 16

MLS Schools

  • Elementary School: Martha Lake ElemMl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 14, 2022
Sold by
Ballard Donald C
Bought by
An Misuk
Seller's Agent
Frank Chaviano
KW Everett
Buyer's Agent
Ranee Kim
Best Choice Realty LLC
List Price
$310,000
Sold Price
$350,000
Premium/Discount to List
$40,000
12.9%
Total Days on Market
4
Current Estimated Value
$388,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,992
Avg. Annual Appreciation
3.03%
Original Mortgage
$230,316
Outstanding Balance
$216,688
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$168,829

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 3, 2016
Sold by
Klk Properties Llc
Bought by
Ballard Donald C
Seller's Agent
Shar Qualley Jonson
Windermere R.E. Mill Creek
Buyer's Agent
John Frey
Coldwell Banker Danforth
List Price
$145,000
Sold Price
$155,000
Premium/Discount to List
$10,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%
Original Mortgage
$119,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 17, 2016
Closed on
May 13, 2016
Sold by
Veristone Fund I Llc
Bought by
Klk Properties Llc
Seller's Agent
Shar Qualley Jonson
Windermere R.E. Mill Creek
Buyer's Agent
John Frey
Coldwell Banker Danforth
List Price
$145,000
Sold Price
$155,000
Premium/Discount to List
$10,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 17, 2016
Closed on
May 4, 2016
Sold by
Urness Katie and Woodhouse Justin
Bought by
Klk Properties Llc and Veristone Fund I Llc
Seller's Agent
Shar Qualley Jonson
Windermere R.E. Mill Creek
Buyer's Agent
John Frey
Coldwell Banker Danforth
List Price
$145,000
Sold Price
$155,000
Premium/Discount to List
$10,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 11, 2006
Sold by
Marthas Landing Llc
Bought by
Urness Katie and Woodhouse Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving

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 Buyer Sale Price Title Company
An Misuk $350,000 Chicago Title
Ballard Donald C $155,000 Ticor Title
Klk Properties Llc -- Accommodation
Klk Properties Llc $119,000 None Available
Urness Katie $153,750 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Misuk $230,316
Previous Owner Klk Properties Llc $119,000
Previous Owner Urness Katie $50,000
Previous Owner Urness Katie $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $350,000 +12.9% $363 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $310,000 +100.0% $322 / Sq Ft
06/06/2016 06/06/16 Sold $155,000 +6.9% $161 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $145,000 -- $151 / 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 $2,866 $337,000 $75,000 $262,000
2024 $2,866 $335,500 $73,000 $262,500
2023 $2,558 $310,500 $68,500 $242,000
2022 $2,645 $263,000 $58,000 $205,000
2020 $2,626 $232,500 $50,500 $182,000
2019 $2,277 $199,500 $47,000 $152,500
2018 $2,168 $167,000 $29,500 $137,500
2017 $1,393 $108,000 $27,000 $81,000
2016 $1,316 $102,000 $26,000 $76,000
2015 $1,378 $102,000 $24,000 $78,000
2013 $1,175 $81,500 $24,000 $57,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1879610

Northwest Multiple Listing Service (NWMLS)

APN: 010322-006-207-00