Listed by John L. Scott, Inc., Bought with Windermere Real Estate Co.
NOT LISTED FOR SALE

525 Forsyth Ln Unit B106 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $584,012 - $653,000

2 Beds
2 Baths
1,206 Sq Ft
$542/mo HOA Fee

Last Sold October 02, 2024

Last sale price $600,000 $498 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,064/month

10 Days on Market

Highlights

  • Views of a Sound
  • Property is near public transit
  • End Unit
  • Edmonds Woodway High School Rated A-
  • Wood Flooring
  • 3-minute walk to Pine Street Playfield

About This Home

As of October 2024

Price Improvement! Discover the charm of this 2-bed, 1.75 bath condo with breathtaking Sound views from the living room and both bedrooms. The cozy wood fireplace adds ambiance, while a heat pump ensures comfort year-round. Natural light fills the living and dining areas beautifully! Nestled in a peaceful, small complex with elevator access, it offers tranquil living with urban convenience. New modern exterior and roof installed recently. A garage & parking space are standard. Ideally located near a transit route to downtown Seattle! Enjoy a short stroll to the vibrant dining and shopping in downtown Edmonds! A perfect blend of serenity and accessibility! One year home-warranty supplied! Dishwasher doesn't drain. All furniture can convey!

Last Agent to Sell the Property

Sarah Dageenakis

John L. Scott, Inc. License #24463 Listed on: 08/14/2024

John L. Scott, Inc.

Last Buyer's Agent

Mike Woods

Windermere Real Estate Co. License #35783

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2274726

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,368

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Property Views

  • Views of a Sound
  • Territorial Views

Home Design

  • Flat Roof Shape
  • Vinyl Construction Material

Interior Spaces

  • 1,206 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Insulated Windows

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

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

Utilities

  • Heat Pump System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 20 Units
  • Winona Kim Association
  • Secondary HOA Phone (425) 214-2143
  • Seacrest Condos
  • Edmonds Subdivision
  • Park Phone (425) 771-4100 | Manager Kendra Johnson

Amenities

  • Elevator
  • Lobby

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,368

Year Built

Built in 1984

Lot Details

0

HOA Fees

$542 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),See Remarks,Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Seacrest
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1206
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,Central Vacuum,End Unit,Insulated Windows,Primary Bath
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2274726?w=Consumer&agent=46975
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Dryer(s), Disposal, Refrigerator(s), See Remarks, Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Cooking-Electric, Dryer-Electric, Fireplace, Hardwood, Wall to Wall Carpet, Washer, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • StorageNo: 106
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Refrigerator(s),See Remarks,Stove(s)/Range(s)
  • StorageLocation: Ground level
  • WindowCoverings: Blinds/curtain panels

Exterior Features

  • Roof: Flat
  • View: Sound, Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Direction Faces: West
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family
  • BusLineNearby: true
  • ViewFrom: Unit
  • BusRouteNumber: 416

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Uncovered
  • Total Parking Spaces: 1

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: Front Hall closet
  • WaterHeaterType: Heat pump

Condo/Co-op/Association

  • Community Features: Cable TV, Elevator, High Speed Int Avail, Lobby Entrance
  • Park Manager Name: Kendra Johnson
  • Park Manager Phone: 425-771-4100
  • Senior Community: No
  • Association Fee: 542
  • Association Fee Frequency: Monthly
  • Phone: 425-214-2143
  • Association: Yes
  • Pets Allowed: No Dogs or Cats
  • AssociationContactName: Winona Kim
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Elevator,High Speed Int Avail,Lobby Entrance

Fee Information

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

Schools

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

Lot Info

  • Parcel Number: 00724800210600
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3368

Multi Family

  • Number Of Units In Community: 20
  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 26, 2024
Sold by
Duncan Patrick Bruce
Bought by
Johnson Bradley W and Johnson Lynda J
Seller's Agent
Sarah Dageenakis
John L. Scott, Inc.
Buyer's Agent
Mike Woods
Windermere Real Estate Co.
List Price
$630,000
Sold Price
$600,000
Premium/Discount to List
-$30,000
-4.76%
Views
24
Current Estimated Value
$613,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,003
Avg. Annual Appreciation
2.06%
Original Mortgage
$300,000
Outstanding Balance
$296,846
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$316,157

Purchase Details

Listed on
Aug 18, 2012
Closed on
Dec 13, 2012
Sold by
Duncan Eileen M
Bought by
Duncan Patrick Bruce
Seller's Agent
Turid Bouchoukian
Windermere Real Estate GH LLC
Buyer's Agent
Larry Powell
Windermere Real Estate/East
List Price
$212,000
Sold Price
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$190,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Lorck Flemming L and Lorck Karen M
Bought by
Lorck Flemming L and Lorck Karen Margrethe

Purchase Details

Closed on
Jul 29, 2004
Sold by
Freer Eunice Lowry
Bought by
Lorck Flemming L and Lorck Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,420
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Soholt G Lane and Soholt Marilyn M
Bought by
Freer Eunice Lowry

Purchase Details

Closed on
Apr 24, 2002
Sold by
Smith James A and Smith Myrtle Anne
Bought by
Soholt G Lane and Soholt Marilyn M
Source: Public Records

Range of Values:

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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
Johnson Bradley W $600,000 None Listed On Document
Duncan Patrick Bruce -- First American
Duncan Patrick Bruce $212,000 First American
Lorck Flemming L $11,235 --
Lorck Flemming L $283,800 Pnwt
Freer Eunice Lowry -- First American Title Ins Co
Soholt G Lane $235,500 Lawyers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Bradley W $300,000
Previous Owner Duncan Patrick Bruce $190,000
Previous Owner Lorck Flemming L $255,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $600,000 -2.4% $498 / Sq Ft
08/24/2024 08/24/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $615,000 -2.4% $510 / Sq Ft
08/14/2024 08/14/24 For Sale $630,000 +197.2% $522 / Sq Ft
12/17/2012 12/17/12 Sold $212,000 0.0% $176 / Sq Ft View Prior Sale
08/22/2012 08/22/12 Pending -- -- --
08/18/2012 08/18/12 For Sale $212,000 -- $176 / 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 $3,368 $449,000 $176,000 $273,000
2024 $3,368 $471,900 $176,000 $295,900
2023 $3,104 $450,600 $176,000 $274,600
2022 $3,280 $391,800 $160,000 $231,800
2020 $2,892 $308,800 $160,000 $148,800
2019 $2,870 $308,800 $160,000 $148,800
2018 $3,553 $330,600 $160,000 $170,600
2017 $2,610 $254,000 $97,000 $157,000
2016 $2,375 $229,000 $78,000 $151,000
2015 $2,517 $228,500 $71,500 $157,000
2013 $2,424 $207,500 $79,500 $128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2274726

Northwest Multiple Listing Service (NWMLS)

APN: 007248-002-106-00