Listed by Real Broker LLC, Bought with Skyline Properties, Inc.
$490,000
SOLD JAN 7, 2021

500 Elm Way Unit 31 Edmonds, WA 98020

Sherwood Forest Neighborhood
2 Beds
1 Bath
1,294 Sq Ft
2.27 Acres

Recently Sold

$379 Per Sq Ft

Highlights

  • Views of a Sound
  • 1 Fireplace
  • <<doubleOvenToken>>
  • Edmonds Woodway High School Rated A-
  • Corner Lot
  • 5-minute walk to 7th & Elm Park

About This Home

As of January 2021

Stunning, remodeled view condo in Edmonds Bowl. Enjoy spectacular sunsets from your light-filled corner unit w/ panoramic views of Sound & Olympics. Spacious living area w/ new hardwood floors & windows, updated kitchen w/ quartz counters & undercab lighting, wood-burning frplc. Bonus room off living room could be enclosed for third bedroom or office. Master ensuite. Walking distance to Edmonds shops, restaurants, waterfront. Parklike grounds w/ outdoor pool - feels like a vacation every day!

Last Agent to Sell the Property

Karen Davis

Real Broker LLC License #119041 Listed on: 01/07/2021

Real Broker LLC

Co-Listed By

Alyssa Plut

Real Broker LLC License #113028

Last Buyer's Agent

Luna Wang

Skyline Properties, Inc. License #136586

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1715776

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1965

Parking

  • Carport

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1 Bathroom
  • 4-Story Property
  • 1 Fireplace
  • Vinyl Flooring

Kitchen

  • <<doubleOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 00836300003100

Community Details

Overview

  • 28 Units
  • Edmonds Bowl Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,477

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 3
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Ice Maker, Washer
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Bathrooms Main: Main
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Balcony and Carport
  • Estimated Sq Ft: 1294
  • Window Coverings: Shutters

Exterior Features

  • Exterior: Cement Planked, Wood Products
  • Roof: Flat
  • View: Mountain, Sound, Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Carport
  • Parking Space Number: 80

Utilities

  • Heating And Cooling: Wall
  • Water Heater: 2nd Floor Water Heater Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 28
  • Numberof Units In Complex: 74
  • HOA Fees: 690
  • Community Name: Edmonds Bowl
  • Project: Highland Park
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Jennifer Gallo (206) 388-0180
  • Association Contact: Copeland Group (206) 388-0180
  • Common Property Features: Cable Tv, Club House, Elevator, Game/Rec Rm, High Speed Int Avail, Laundry Room, Lobby Entrance, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Master Bath

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: ED

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street, Sidewalk
  • Parcel Number: 00836300003100

Tax Info

  • Tax Amount: 3175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Dec 29, 2020
Sold by
Read Gary and Read Alyse
Bought by
Ouellette Carlene D and Payne Anna M
Seller's Agent
Karen Davis
Real Broker LLC
Buyer's Agent
Luna Wang
Skyline Properties, Inc.
List Price
$490,000
Sold Price
$490,000
Current Estimated Value
$670,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,304
Avg. Annual Appreciation
7.16%
Original Mortgage
$290,000
Outstanding Balance
$261,730
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$408,574

Purchase Details

Listed on
Jan 19, 2017
Closed on
Jan 10, 2017
Sold by
Mackey Beverly J
Bought by
Read Gary and Read Alyse
Seller's Agent
Donny Kessack
Reger Homes LLC
Buyer's Agent
Donny Kessack
Reger Homes LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.15%

Purchase Details

Closed on
Dec 15, 1998
Sold by
Mackey Beverly J
Bought by
Mackey Beverly J and Mackey Revocable Intervivos Trust

Purchase Details

Closed on
Dec 11, 1997
Sold by
Alyson Manor Associates
Bought by
Mackey Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,700
Interest Rate
7.16%
Source: Public Records

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Range of Values:

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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 $490,000 Ticor Title
Warranty Deed $300,000 Chicago Title Company Of Wa
Interfamily Deed Transfer -- --
Warranty Deed $218,400 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 New Conventional
Previous Owner $174,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $490,000 0.0% $379 / Sq Ft
01/07/2021 01/07/21 For Sale $490,000 +63.3% $379 / Sq Ft
01/19/2017 01/19/17 Sold $300,000 0.0% $232 / Sq Ft
01/19/2017 01/19/17 For Sale $300,000 -- $232 / 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 $3,477 $670,300 $149,000 $521,300
2024 $3,477 $487,300 $149,000 $338,300
2023 $3,197 $464,100 $149,000 $315,100
2022 $3,379 $403,600 $135,000 $268,600
2020 $3,696 $394,900 $135,000 $259,900
2019 $3,175 $341,700 $135,000 $206,700
2018 $3,063 $284,900 $135,000 $149,900
2017 $2,764 $269,000 $112,000 $157,000
2016 $2,406 $232,000 $89,500 $142,500
2015 -- $231,500 $82,500 $149,000
2013 $2,535 $217,000 $109,000 $108,000
Source: Public Records

Agents Affiliated with this Home

  • Karen Davis

    Seller's Agent in 2021

    Karen Davis

    Real Broker LLC

    (206) 794-1931

    1 in this area

    17 Total Sales

    Karen Davis
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Alyssa Plut

    Real Broker LLC

    Section Image
  • Luna Wang

    Buyer's Agent in 2021

    Luna Wang

    Skyline Properties, Inc

    (206) 618-6990

    1 in this area

    21 Total Sales

    Luna Wang
    Section Image

  • D

    Seller's Agent in 2017

    Donny Kessack

    Reger Homes LLC

    (206) 229-4331

    45 Total Sales

    Donny Kessack
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1715776

Northwest Multiple Listing Service (NWMLS)

APN: 008363-000-031-00

Washington Snohomish County Edmonds 98020 Sherwood Forest

500 Elm Way Unit 31, Edmonds, WA

This home is located at 500 Elm Way Unit 31, Edmonds, WA 98020 and is currently priced at $490,000, approximately $378 per square foot. This property was built in 1965. 500 Elm Way Unit 31 is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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