Listed by COMPASS, Bought with Lake & Company
NOT LISTED FOR SALE

500 Paradise Ln Unit 300 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $598,776 - $710,000

2 Beds
2 Baths
1,331 Sq Ft
$350/mo HOA Fee

Last Sold May 01, 2020

Last sale price $450,000 $338 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,165/month

4 Days on Market

Highlights

  • Views of a Sound
  • Fitness Center
  • Contemporary Architecture
  • Edmonds Woodway High School Rated A-
  • Unit is on the top floor
  • Property is near public transit

About This Home

As of May 2020

Welcome Home! This meticulously maintained & tastefully updated Edmonds gem features 2 beds, 1.75 baths, open concept light and bright living room with Olympic, water and sunset views, entertainment sized deck, cozy burning fireplace, in-suite Master with walk in closet, full size laundry in-unit, 2 reserved parking spaces, storage unit and many more amenities. Mins to downtown Edmonds for restaurants & entertainment. Easy commute to downtown Seattle/North-end/East side. Pets OK! No rental cap!

Last Agent to Sell the Property

Clint Bristol

COMPASS License #48176 Listed on: 04/09/2020

COMPASS

Co-Listed By

Bree Bristol

COMPASS License #123023

Last Buyer's Agent

Sarah Warner

Lake & Company License #29400

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1587882

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1976

Lot Details

  • End Unit
  • Street terminates at a dead end

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Mountain
  • Limited

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,331 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • Balcony

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 00656900030000

Community Details

Overview

  • Association fees include central hot water, common area maintenance, garbage, lawn service, water/sewer
  • 12 Units
  • William Metzger Association
  • Secondary HOA Phone (425) 775-3541
  • Spinnaker Condominium Condos
  • Edmonds Subdivision

Recreation

  • Fitness Center

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,686

Year Built

Built in 1976

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1976
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,RangeOven,Refrigerator,TrashCompactor,Washer,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Spinnaker Condominium
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1331
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 23
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Primary Bath,Top Floor,Walk-in Closet
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Trash Compactor, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Laminate, Cooking-Electric, Dryer-Electric, Washer, Water Heater
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • 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: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • StorageNo: 300
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Range/Oven,Refrigerator,Trash Compactor,Washer
  • FireplacesLower: 0
  • FireplacesUpper: 0
  • StorageLocation: Basement
  • WindowCoverings: None

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound
  • Lot Features: Curbs, Dead End Street, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: CT 130, 416

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 300

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: Exercise Room, Fire Sprinklers, Outside Entry
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Phone: 425-775-3541
  • AssociationContactName: William Metzger
  • CoOp: false
  • CommonPropertyFeatures: Exercise Room,Fire Sprinklers,High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Garbage, Lawn Service, Water/Sewer

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00656900030000
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3686

Multi Family

  • Number Of Units In Community: 12
  • UnitsInBuildingTotal: 12

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
May 1, 2020
Sold by
White Harold Christopher
Bought by
White Ann Aspen
Seller's Agent
Clint Bristol
COMPASS
Buyer's Agent
Sarah Warner
Lake & Company
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%
Current Estimated Value
$658,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,194
Avg. Annual Appreciation
7.28%

Purchase Details

Listed on
Apr 9, 2020
Closed on
Apr 27, 2020
Sold by
Kostelik Rita A
Bought by
White Ann Aspen
Seller's Agent
Clint Bristol
COMPASS
Buyer's Agent
Sarah Warner
Lake & Company
List Price
$455,000
Sold Price
$450,000
Premium/Discount to List
-$5,000
-1.1%

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 13, 2019
Sold by
Watson Maureen A
Bought by
Kostelik Rita A
Seller's Agent
Audrey Manzanares
Windermere Real Estate Midtown
Buyer's Agent
Michelle Harrington
COMPASS
List Price
$424,000
Sold Price
$430,000
Premium/Discount to List
$6,000
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Reynolds Thomas L and Reynolds Susan M
Bought by
Watson Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2000
Sold by
Fulp Alan Wilson
Bought by
Reynolds Thomas L and Reynolds Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,200
Interest Rate
7.96%

Purchase Details

Closed on
Oct 13, 1999
Sold by
Fulp Alan Wilson
Bought by
Fulp Alan Wilson
Source: Public Records

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
White Ann Aspen -- Old Republic Title Ltd
White Ann Aspen $450,000 Old Republic Title Ltd
Kostelik Rita A $430,000 Cw Title
Watson Maureen A $265,000 Commonwealth Land Title
Reynolds Thomas L $179,000 --
Fulp Alan Wilson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Maureen A $212,000
Previous Owner Reynolds Thomas L $143,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $450,000 -1.1% $338 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $455,000 +5.8% $342 / Sq Ft
02/22/2019 02/22/19 Sold $430,000 +1.4% $323 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $424,000 -- $319 / 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 $3,915 $520,400 $209,000 $311,400
2024 $3,915 $548,800 $209,000 $339,800
2023 $3,425 $497,300 $209,000 $288,300
2022 $3,619 $432,400 $190,000 $242,400
2020 $3,811 $407,300 $190,000 $217,300
2019 $3,686 $396,800 $190,000 $206,800
2018 $3,831 $356,500 $190,000 $166,500
2017 $3,092 $301,000 $141,500 $159,500
2016 $2,810 $271,000 $113,000 $158,000
2015 $2,709 $246,000 $104,500 $141,500
2013 $2,663 $228,000 $115,500 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1587882

Northwest Multiple Listing Service (NWMLS)

APN: 006569-000-300-00