Listed by MLS4owners.com, Bought with John L Scott Madrona Group
NOT LISTED FOR SALE

505 5th Ave S Unit 203 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $874,000 - $990,727

2 Beds
2 Baths
1,469 Sq Ft
$654/mo HOA Fee

Last Sold February 27, 2023

Last sale price $815,000 $555 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,112/month

142 Days on Market

Highlights

  • Property is near public transit
  • End Unit
  • Balcony
  • Edmonds-Woodway High School Rated A-
  • Elevator
  • Patio

About This Home

As of February 2023

Live in the vibrant, walkable, waterfront city of Edmonds, Washington. This 2 bedroom, 2 bathroom condo has an open floor plan with connection between the kitchen and the living and dining room. The living space gets morning light, and has a cozy gas fireplace. The kitchen has stainless steel appliances and sink, a gas range, and granite counter tops. Both bedrooms have large walk in closets and south facing windows for great light. A bonus space is available as an office, den or craft space. There is also an ample laundry room, a storage locker in the basement, and 1 parking space in the garage which are accessible by elevator. The private back deck looks out on a manicured yard and is near a quiet street.

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 09/23/2022

Last Buyer's Agent

Joseph Kiser

John L Scott Madrona Group License #27494

John L Scott Madrona Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1999716

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,751

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $654 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Common or Shared Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,469 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Insulated Windows
  • French Doors

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near public transit
  • Property is near a bus stop

Listing and Financial Details

  • Assessor Parcel Number 01070900020300

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, sewer, water
  • London M Association
  • Secondary HOA Phone (206) 649-2379
  • The Gregory Condos
  • Edmonds Subdivision
  • Park Phone (206) 249-2379 | Manager Real Property Associates

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,751

Year Built

Built in 2007

Lot Details

0

HOA Fees

$654 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2007
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Gregory
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1469
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,End Unit,French Doors,Insulated Windows,Sprinkler System
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Cooking-Gas, Dryer-Electric, Ice Maker, Washer
  • Main Level Bedrooms: 2
  • Stories: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: 304
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: garage

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Cooking-Gas,Dryer-Electric,Ice Maker,Washer

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: Real Property Associates
  • Park Manager Phone: 206-249-2379
  • Senior Community: No
  • Association Fee: 654
  • Association Fee Frequency: Monthly
  • Phone: 206-649-2379
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • AssociationContactName: London M
  • CoOp: false
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Lobby Entrance

Fee Information

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

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 01070900020300
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5751

Multi Family

  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Feb 23, 2023
Sold by
Ely Fredrica
Bought by
Luderman Kathleen Anne
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Joseph Kiser
John L Scott Madrona Group
List Price
$839,000
Sold Price
$815,000
Premium/Discount to List
-$24,000
-2.86%
Views
40
Current Estimated Value
$931,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,182
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 26, 2014
Sold by
Edmonds 203 Llc
Bought by
Ely Fredrica
Seller's Agent
Matthew Matulovich
John L. Scott, Inc.
Buyer's Agent
Adam Cobb
Windermere Real Estate GH LLC
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
May 8, 2009
Sold by
Sanjen Holdings Llc
Bought by
Edmonds 203 Llc

Purchase Details

Closed on
Dec 6, 2007
Sold by
Fifth Avenue Development Llc
Bought by
Jensen Terry L and Jensen Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,950
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luderman Kathleen Anne -- Old Republic Title
Ely Fredrica $415,280 Chicago Title
Edmonds 203 Llc -- Chicago Title Insurance Co
Sanjen Holdings Llc -- Chicago Title Insurance Co
Jensen Terry L $499,990 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Terry L $374,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2023 02/27/23 Sold $815,000 -1.7% $555 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/02/2023 02/02/23 Price Changed $829,000 -1.2% $564 / Sq Ft
01/18/2023 01/18/23 Price Changed $839,000 0.0% $571 / Sq Ft
01/18/2023 01/18/23 For Sale $839,000 +2.9% $571 / Sq Ft
12/21/2022 12/21/22 Off Market $815,000 -- --
11/14/2022 11/14/22 Price Changed $850,000 -1.7% $579 / Sq Ft
10/31/2022 10/31/22 Price Changed $865,000 -1.6% $589 / Sq Ft
09/23/2022 09/23/22 For Sale $879,000 +111.8% $598 / Sq Ft
03/03/2014 03/03/14 Sold $415,000 -1.2% $304 / Sq Ft View Prior Sale
02/11/2014 02/11/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $420,000 -- $308 / 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 $6,724 $875,000 $275,000 $600,000
2024 $6,724 $945,000 $275,000 $670,000
2023 $5,437 $791,900 $264,000 $527,900
2022 $5,751 $688,600 $240,000 $448,600
2020 $6,302 $674,900 $240,000 $434,900
2019 $5,487 $591,900 $240,000 $351,900
2018 $4,563 $425,200 $240,000 $185,200
2017 $4,174 $407,000 $55,000 $352,000
2016 $3,799 $367,000 $46,000 $321,000
2015 $3,672 $334,000 $43,000 $291,000
2013 $3,159 $271,000 $39,000 $232,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1999716

Northwest Multiple Listing Service (NWMLS)

APN: 010709-000-203-00