NOT LISTED FOR SALE

Estimated Value: $1,089,000 - $1,271,000

3 Beds
2 Baths
1,615 Sq Ft
0.76 Acres

Last Sold March 25, 2014

Last sale price $549,500 $340 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $7,271/month

8 Days on Market

Highlights

  • Views of a Sound
  • Unit is on the top floor
  • 0.76 Acre Lot
  • Edmonds Woodway High School Rated A-
  • Gated Community
  • Property is near public transit

About This Home

As of March 2014

One-of-a-kind Dream View Fulfilled- sunrise to sunset 270 degrees w/ views from every room! Pure majesty of the Olympics, NW across the Sound & over to Mt. Baker for sweeping, unobstructed serenity! Watch waterway activity pass by- Naval,ferries,cruises,freighters, birds & more! Two parking spots in secured indoor garage Highest % ownership in bldg. Spacious bright top floor corner unit w/ 3 skylights, 2 full ba, 2+ huge Master bd w/walk-in & jetted tub + shower. Close to everything-Won't last!

Shelley Korn

COMPASS License #101161 Listed on: 02/25/2014

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 597511

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,212

Year Built

  • Built in 1984

Lot Details

  • 0.76

Parking

  • 2 Car Garage
  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,615 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

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

Laundry

  • Electric Dryer
  • Washer

Home Security

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit

Schools

  • Sherwood Elemsw Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 00728900230100

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, lawn service, road maintenance, water/sewer
  • 21 Units
  • Megan Pennington Association
  • Secondary HOA Phone (425) 452-7330
  • The Richmar Condos
  • Edmonds Bowl Subdivision
  • Park Phone (425) 452-7330 | Manager EMB Associate

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Cats Allowed

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,212

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Accessibility Features: Other
  • Year Built: 1984
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,RangeOven,Refrigerator,TrashCompactor,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Richmar
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1615
  • SeniorExemption: false
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Disabled Access,Insulated Windows,Jetted/Soaking Tub,Primary Bath,Skylights,Top Floor,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,013

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Ice Maker, Washer, Water Heater
  • Main Level Bedrooms: 3
  • 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
  • FloorNumberOfUnit: 3
  • StorageNo: 301
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Range/Oven,Refrigerator,Trash Compactor,Washer
  • StorageLocation: 1 off balcony, 1 in garage
  • WindowCoverings: blinds & curtains

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ConstructionMethods: Standard Frame
  • BusRouteNumber: 413, Sounder Rail

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Common Garage
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 301, 301

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage, Road Maintenance, Water/Sewer
  • HeatingCoolingType: Radiant
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: unit's utility room
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Disabled Access, Elevator, Fire Sprinklers, High Speed Int Avail, Lobby Entrance, Outside Entry, Gated
  • Park Manager Name: EMB Associate
  • Park Manager Phone: 425-452-7330
  • Senior Community: No
  • Association Fee: 827
  • Phone: 425-452-7330
  • Pets Allowed: Cats OK
  • AssociationContactName: Megan Pennington
  • CoOp: false
  • CommonPropertyFeatures: Disabled Access,Elevator,Fire Sprinklers,High Speed Int Avail,Lobby Entrance,Outside Entry,Security Gate

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 00728900230100
  • Lot Size Acres: 0.7575
  • Lot Size Sq Ft: 32997
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5212

Multi Family

  • Number Of Units In Community: 21
  • EnergySource: Electric
  • UnitsInBuildingTotal: 21

MLS Schools

  • Elementary School: Sherwood ElemSw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Mar 18, 2014
Sold by
Grayson Denise Pauley and Grayson Mitchell L
Bought by
Borella Maria Elena
Buyer's Agent
Shelley Korn
COMPASS
List Price
$614,500
Sold Price
$549,500
Premium/Discount to List
-$65,000
-10.58%
Total Days on Market
8
Current Estimated Value
$1,199,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,900
Avg. Annual Appreciation
6.98%
Original Mortgage
$384,650
Outstanding Balance
$131,620
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$1,033,248

Purchase Details

Closed on
Jul 23, 2010
Sold by
Osborne Joseph H
Bought by
Osborne Marne Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2010
Sold by
Hayter Laverne A and Adams Laverne A
Bought by
Grayson Denise Pauley and Grayson Mitchell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2008
Sold by
Hayter Cathy Dee and Osborne Marne Sue
Bought by
Hayter Cathy Dee and Osborne Marne Sue

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
Borella Maria Elena $549,500 Cw Title
Osborne Marne Sue $56,179 None Available
Grayson Denise Pauley $550,000 Chicago Title
Hayter Cathy Dee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borella Maria Elena $384,650
Previous Owner Grayson Denise Pauley $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2014 03/25/14 Sold $549,500 -10.6% $340 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $614,500 -- $380 / 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 $7,449 $998,700 $275,000 $723,700
2024 $7,449 $1,046,900 $275,000 $771,900
2023 $7,063 $1,028,700 $275,000 $753,700
2022 $7,470 $894,500 $250,000 $644,500
2020 $6,906 $739,600 $250,000 $489,600
2019 $6,234 $672,400 $250,000 $422,400
2018 $6,851 $638,500 $250,000 $388,500
2017 $6,133 $598,000 $105,000 $493,000
2016 $5,579 $539,000 $84,000 $455,000
2015 $5,387 $490,000 $77,500 $412,500
2013 $5,193 $445,500 $86,500 $359,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 597511

Northwest Multiple Listing Service (NWMLS)

APN: 007289-002-301-00