NOT LISTED FOR SALE

Estimated Value: $1,125,000 - $1,384,000

2 Beds
3 Baths
1,788 Sq Ft
$696/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $900,000 $503 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,187/month

Highlights

  • Views of a Sound
  • Spa
  • Northwest Architecture
  • Edmonds Woodway High School Rated A-
  • Deck
  • 4-minute walk to Pine Street Playfield

About This Home

As of February 2021

Welcome home to 525 Magnolia Lane -Mid Century- Located in the heart of Edmonds Bowl. Step into this stunning example of the mid century design w/ exposed wood beams & tongue & groove cedar ceilings. Updated 2 plus bedrooms w/ 2.5 bathrooms & a home office. Master retreat includes a fully remodeled bathroom w/ heated floors & a walk in shower. A new 30 year PVC commercial grade roof, exterior home siding, paint & a newly attached 3 car garage. Breathtaking views of the Olympics & Whidbey Island are to be enjoyed from your home, spacious deck & hot tub. Near restaurants & shopping in this highly sought after area of Edmonds. Located on a quiet & set back street w/ plenty of off street parking. Easy access to the ferry & sounder train!

Last Agent to Sell the Property

Pete Keating

John L. Scott Snohomish License #101204 Listed on: 12/29/2020

John L. Scott Snohomish

Co-Listed By

Christopher Dalto

Real Broker LLC License #20117109

Last Buyer's Agent

Carmen Gayton

Windermere Real Estate Co. License #26054

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1711900

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,003

Year Built

  • Built in 1953

Lot Details

  • Street terminates at a dead end
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is zoned RS6

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Northwest Architecture
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Edmonds Bowl Community

Listing and Financial Details

  • Assessor Parcel Number 27032500203800

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,003

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dbl Pane/Storm Windw, Dining Room, Hot Tub/Spa, Vaulted Ceilings, Walk In Pantry
  • Floor Covering: Ceramic Tile, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.50
  • Total Full Bathrooms: 2
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Den or Office: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1788
  • Square Footage Finished: 1788

Exterior Features

  • Exterior: Cement/Concrete, Metal/Vinyl, Wood
  • Foundation: Post And Pillar, Poured Concrete
  • Roof: Torch Down
  • View: Mountain, Sound

Garage/Parking

  • Parking Type: Garage-Attached, Off Street
  • Total Covered Parking: 3

Utilities

  • Heating And Cooling: Radiator
  • Power Company: Snohomish County PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Edmonds
  • Water Company: City of Edmonds
  • Water Heater: Storage Room-Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Edmonds Bowl

Schools

  • Elementary School: Sherwood ElemSw
  • Middle School: College Pl Mid
  • High School: Edmonds Woodway High
  • School District: ED

Lot Info

  • Lot Number: B
  • Lot Details: Dead End Street, Paved Street
  • Lot Sq Ft: 6098
  • Lot Topography Vegetation: Garden Space, Level, Terraces
  • Parcel Number: 27032500203800
  • Zoning Code: RS6
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level, Terraces

Tax Info

  • Tax Amount: 6480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Jan 28, 2021
Sold by
Reis Michael F and Jones Annette M
Bought by
Howell Sabina and Niedermeyer Franz
Seller's Agent
Pete Keating
John L. Scott Snohomish
Buyer's Agent
Carmen Gayton
Windermere Real Estate Co.
List Price
$890,000
Sold Price
$900,000
Premium/Discount to List
$10,000
1.12%
Current Estimated Value
$1,245,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,336
Avg. Annual Appreciation
5.54%
Original Mortgage
$720,000
Outstanding Balance
$650,243
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$504,743

Purchase Details

Closed on
Apr 7, 2020
Sold by
Jones Annette M and Reis Michael F
Bought by
Reis Michael F and Jones Annette M

Purchase Details

Closed on
Apr 15, 2011
Sold by
Robison Robert W and Robinson Alison L
Bought by
Reis Michael F and Jones Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,040
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2000
Sold by
Oace Victoria A and Dupuis Deborah A
Bought by
Robison Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
8.12%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Christensen Robert and Christensen Janet
Bought by
Oace Victoria A and Dupuis Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7%
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
Howell Sabina $900,000 Fidelity National Title
Reis Michael F -- None Available
Reis Michael F $314,280 Chicago Title
Robison Robert W $219,000 --
Oace Victoria A $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Sabina $720,000
Previous Owner Reis Michael F $306,040
Previous Owner Robison Robert W $175,200
Previous Owner Oace Victoria A $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $900,000 +1.1% $503 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $890,000 -- $498 / 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 $7,003 $1,012,300 $768,000 $244,300
2024 $7,003 $984,300 $740,000 $244,300
2023 $6,869 $1,000,500 $700,000 $300,500
2022 $6,922 $828,800 $574,000 $254,800
2020 $6,480 $693,900 $469,000 $224,900
2019 $5,969 $643,800 $423,000 $220,800
2018 $6,095 $568,000 $371,000 $197,000
2017 $5,283 $515,100 $334,000 $181,100
2016 $4,916 $474,900 $301,000 $173,900
2015 $3,830 $348,400 $273,000 $75,400
2013 $3,603 $309,100 $189,000 $120,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1711900

Northwest Multiple Listing Service (NWMLS)

APN: 270325-002-038-00