NOT LISTED FOR SALE

Estimated Value: $352,000 - $453,617

2 Beds
2 Baths
1,124 Sq Ft
$582/mo HOA Fee

Last Sold January 12, 2023

Last sale price $375,000 $334 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,202/month

4 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Edmonds Woodway High School Rated A-
  • Territorial View
  • 4-minute walk to Ballinger Park

About This Home

As of January 2023

Charming investment opportunity in sought Ballinger Point community. Perfect for a sweat equity starter home or prime opportunity for remodel and resell. Lake Ballinger is such a picturesque area – trails, the water, so much to see. Incredibly well-run complex. Interior spaces are all a great size with 2 beds, 2 baths, living and eating areas. Incredibly large covered deck too! Cosmetic work needed inside. Garage with storage closet and 2nd parking space included in purchase. Amenities feature clubhouse, tennis court, outdoor pool & fitness center. Easy I-5 access & a short stroll to light rail coming in 2024! Plentiful trails and parks nearby plus downtown Edmonds! HOA is pet friendly & no rental cap.

Last Listed By

David Hogan

Windermere Real Estate/East License #92543 Listed on: 12/08/2022

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2021328

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,840

Year Built

  • Built in 1981

Lot Details

  • 4.09

HOA Fees

  • $582 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,124 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Insulated Windows
  • Territorial Views

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Westgate Elemwg Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00711700120100

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 43 Units
  • Andrea King Association
  • Secondary HOA Phone (206) 954-3869
  • Ballinger Point Condos
  • Lake Ballinger Subdivision
  • Park Phone (206) 240-9819 | Manager Dawn

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,840

Year Built

Built in 1981

Lot Details

0

HOA Fees

$582 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1981
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ballinger Point
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1124
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 7
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath
  • Special Features: None
  • Cumulative Days on Market: 864

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio
  • Main Level Bedrooms: 2
  • Stories: 3
  • 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
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: in back of garage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage, Individual Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: Garage #201, uncovered space #11

Utilities

  • Heating Yn: Yes
  • HeatingCoolingType: Wall

Condo/Co-op/Association

  • Community Features: Athletic Court, Cable TV, Club House, Exercise Room, High Speed Int Avail, Outside Entry, Pool
  • Park Manager Name: Dawn
  • Park Manager Phone: 206-240-9819
  • Senior Community: No
  • Association Fee: 582
  • Association Fee Frequency: Monthly
  • Phone: 206-954-3869
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Andrea King
  • CommonPropertyFeatures: Athletic Court,Cable TV,Club Houses,Exercise Room,High Speed Int Avail,Outside Entry,Pool-Outdoor

Fee Information

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

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00711700120100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2840

Multi Family

  • Number Of Units In Community: 43
  • EnergySource: Electric

MLS Schools

  • Elementary School: Westgate ElemWg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 4, 2023
Sold by
Wasson Paul
Bought by
Yi James S and Han Lauren
Seller's Agent
David Hogan
Windermere Real Estate/East
Buyer's Agent
Jonny Tat
COMPASS
List Price
$375,000
Sold Price
$375,000
Total Days on Market
4
Views
66
Current Estimated Value
$422,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,904
Avg. Annual Appreciation
6.94%
Original Mortgage
$356,250
Outstanding Balance
$348,004
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$91,907

Purchase Details

Closed on
Oct 26, 2004
Sold by
Buelow David J
Bought by
Wasson Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 1997
Sold by
Schneider Homes Inc
Bought by
Mccreary William E

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
Yi James S -- Commonwealth Land Title
Wasson Steven B $170,000 Commonwealth Land Title
Mccreary William E $118,400 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yi James S $356,250
Previous Owner Wasson Steven B $79,902
Previous Owner Wasson Steven B $136,000
Closed Wasson Steven B $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $375,000 0.0% $334 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $375,000 -- $334 / 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 $3,033 $376,000 $184,500 $191,500
2024 $3,033 $373,500 $179,500 $194,000
2023 $2,710 $378,000 $168,000 $210,000
2022 $2,840 $326,000 $142,000 $184,000
2020 $3,218 $326,000 $129,000 $197,000
2019 $2,872 $292,500 $119,500 $173,000
2018 $2,841 $252,000 $88,000 $164,000
2017 $2,237 $209,000 $63,000 $146,000
2016 $1,941 $188,500 $63,000 $125,500
2015 $2,036 $185,500 $63,000 $122,500
2013 $1,447 $125,000 $63,000 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2021328

Northwest Multiple Listing Service (NWMLS)

APN: 007117-001-201-00