Listed by RE/MAX Northwest, Bought with Windermere Real Estate/M2, LLC
NOT LISTED FOR SALE

505 5th Ave S Unit 305 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $802,000 - $1,460,000

2 Beds
2 Baths
1,700 Sq Ft
$714/mo HOA Fee

Last Sold March 25, 2022

Last sale price $1,512,000 $889 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $8,049/month

3 Days on Market

Highlights

  • Ocean View
  • Unit is on the top floor
  • Vaulted Ceiling
  • Edmonds-Woodway High School Rated A-
  • Property is near public transit
  • Traditional Architecture

About This Home

As of March 2022

Stunning WATER VIEWS,SUNSETS, FERRY PASSINGS from luxury condo located in the Bowl Downtown Edmonds. Act now; this is the Edmonds location and condo you've been waiting for. This TOP FLOOR corner unit boasts 2 bedroom,2 full BA, water views, natural light & skylights, 9' ceilings, 2 balconies, large walk in shower, soaking tub, spacious DEN w/closet, and an open kitchen with quartz countertop & cherry cabinets. Cozy up by your fireplace, take in views of the Sound. The unit includes 2 parking spots in secure underground garage. Building elevator (no stairs needed). Pet friendly. Bose surround sound system, custom window coverings thru-out, deluxe awning. Walk to award winning restuarants beaches & ferries. Live the Edmonds dream, today!

Last Agent to Sell the Property

Debbie Jungquist

RE/MAX Northwest License #48558 Listed on: 03/11/2022

RE/MAX Northwest

Last Buyer's Agent

Terry Vehrs

Windermere Real Estate/M2, LLC License #6336

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1891408

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,066

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $714 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Ocean
  • Views of a Sound
  • City
  • Mountain

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Brick Exterior Construction
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Insulated Windows

Kitchen

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

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01070900030500

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 27 Units
  • Gregory HOA Dennis Association
  • Secondary HOA Phone (206) 250-5966
  • The Gregory Condos
  • Edmonds Bowl Subdivision
  • Park Phone (206) 577-0587 | Manager RPA Assoc/Barbara Hartley

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,066

Year Built

Built in 2007

Lot Details

0

HOA Fees

$714 per month

Parking

2

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
  • Architectural Style: Traditional
  • Building Name: The Gregory
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1700
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Skylights,Top Floor,Vaulted Ceilings,Walk-in Closet
  • 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: Yes
  • Flooring: Ceramic Tile, See Remarks, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Ice Maker, Water Heater
  • 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: H-305
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: Yes

Exterior Features

  • Roof: Flat, Torch Down
  • View: City, Mountain(s), Ocean, Sound
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Brick, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Rooftop Deck

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Connected, Common Area Maintenance, Garbage
  • HeatingCoolingType: Wall
  • ApplianceHookups: Cooking-Gas,Ice Maker
  • WaterHeaterLocation: Laundry Room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Elevator, Fire Sprinklers, Lobby Entrance
  • Park Manager Name: RPA Assoc/Barbara Hartley
  • Park Manager Phone: 206-577-0587
  • Senior Community: No
  • Association Fee: 714
  • Association Fee Frequency: Monthly
  • Phone: 206-250-5966
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • Common Interest: Condominium
  • AssociationContactName: Gregory HOA - Dennis
  • CommonPropertyFeatures: Elevator,Fire Sprinklers,Lobby Entrance

Fee Information

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

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 01070900030500
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • RentalCap: Below Rental Cap (See Remarks)
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7066

Multi Family

  • Number Of Units In Community: 27
  • EnergySource: Electric,Natural Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Dean Family Nw Llc
Bought by
Dean Mark W and Dean Michelle R
Current Estimated Value
$1,260,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$984,801
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$275,756

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 18, 2022
Sold by
Tilbury Judith M
Bought by
Dean Family Nw Llc
Seller's Agent
Debbie Jungquist
RE/MAX Northwest
Buyer's Agent
Terry Vehrs
Windermere Real Estate/M2, LLC
List Price
$1,500,000
Sold Price
$1,512,000
Premium/Discount to List
$12,000
0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.78%

Purchase Details

Closed on
Jun 12, 2007
Sold by
Fifth Avenue Development Llc
Bought by
Tilbury Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
6.5%
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
Dean Mark W $313 Indecomm Global Services
Dean Family Nw Llc $1,512,000 First American Title
Tilbury Judith M $925,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Mark W $1,000,000
Previous Owner Tilbury Judith M $740,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,512,000 +0.8% $889 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $1,500,000 -- $882 / 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 $8,687 $1,177,100 $275,000 $902,100
2024 $8,687 $1,221,000 $275,000 $946,000
2023 $6,681 $973,000 $264,000 $709,000
2022 $7,066 $846,100 $240,000 $606,100
2020 $7,672 $821,600 $240,000 $581,600
2019 $6,417 $692,200 $240,000 $452,200
2018 $7,285 $678,875 $240,000 $438,875
2017 $7,599 $741,000 $55,000 $686,000
2016 $6,915 $668,000 $46,000 $622,000
2015 $6,673 $607,000 $43,000 $564,000
2013 $5,747 $493,000 $39,000 $454,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1891408

Northwest Multiple Listing Service (NWMLS)

APN: 010709-000-305-00