Listed by KW Greater Seattle, Bought with The Preview Group
NOT LISTED FOR SALE

5308 161st Place SW Edmonds, WA 98026

Estimated Value: $1,004,013

6 Beds
2 Baths
1,708 Sq Ft
$588/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $935,000 $547 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,835/month

Highlights

  • RV Access or Parking
  • Territorial View
  • Cul-De-Sac
  • Property is near public transit
  • No HOA
  • Patio

About This Home

As of June 2022

This is the home you have been dreaming for! Completely remodeled by building code, that is ready for Adult Family Home! This beautiful 6 bedrooms and 2 bathrooms is situated on a large partially fenced lot in a quiet neighborhood! Updates include laminate, new water supply lines, electrical panel, new insulations throughout the house, new flooring, ceramic tile in fully updated bathrooms, an open kitchen featuring quartz countertops, stainless steel appliances, beautiful cabinets, new lighting throughout, new windows, new roof, and new interior and exterior paint. Huge entertainment sized backyard. Plenty of parking. Just minutes to Alderwood Mall, parks, restaurants, freeways, and the future Light Rail Station scheduled to open 2024.

Last Agent to Sell the Property

Mahlet Altaye

KW Greater Seattle License #95146 Listed on: 05/20/2022

KW Greater Seattle

Co-Listed By

Adisu Fanta

eXp Realty License #115161

Last Buyer's Agent

Jim Pankiewicz

The Preview Group License #46252

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1937144

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,843

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Location

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

Schools

  • Beverly Elementary School
  • Alderwood Mid Middle School

Community Details

  • No Home Owners Association
  • Meadowdale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563300001100

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,843

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 10 - 1 Story
  • Year Built: 1959
  • Inclusions: Dishwasher,Microwave,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sal Hi Park
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1708
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Microwave, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 6
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Laminate, Laminate, Vinyl
  • Interior Amenities: Forced Air, Laminate, Laminate Tile
  • Living Area: 1708
  • Main Level Bedrooms: 6
  • Bathrooms: 2
  • BathsFullMain: 2
  • SquareFootageFinished: 1708
  • 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
  • AppliancesIncluded: Dishwasher,Microwave,Refrigerator,Stove/Range

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: RV Parking, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • HeatingCoolingType: Forced Air
  • PowerCompany: PUD
  • SewerCompany: Alderwood Sewer
  • WaterCompany: Alderwood Water
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00563300001100
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Patio,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: new site permit

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3842.84

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Beverly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 8, 2022
Sold by
Ali Seid M
Bought by
Berhe Mehari and Demisse Emebet
Seller's Agent
Mahlet Altaye
KW Greater Seattle
Buyer's Agent
Jim Pankiewicz
The Preview Group
List Price
$899,960
Sold Price
$935,000
Premium/Discount to List
$35,040
3.89%
Current Estimated Value
$1,004,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,013
Avg. Annual Appreciation
2.30%
Original Mortgage
$748,000
Outstanding Balance
$711,698
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$296,198

Purchase Details

Listed on
Aug 12, 2021
Closed on
Aug 20, 2021
Sold by
Scott Myers David and Estate Of Dean Craig Myers
Bought by
Ali Seid M
Seller's Agent
Jon Matiko
Skyline Properties, Inc.
Buyer's Agent
Faysel Siraj
Skyline Properties, Inc.
List Price
$485,000
Sold Price
$530,500
Premium/Discount to List
$45,500
9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.90%

Purchase Details

Closed on
Sep 23, 1994
Sold by
Jordan Debbra Lynn Myers and Myers David Scott
Bought by
Myers Dean Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.58%

Purchase Details

Closed on
Aug 19, 1994
Sold by
Jordan Debra Lynn and Rayner Elinor Joyce
Bought by
Jordan Debra Lynn and Myers Dean Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.58%

Purchase Details

Closed on
Aug 18, 1994
Sold by
King Benjamin W and King Erin
Bought by
Egl Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,500
Interest Rate
8.58%
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
Berhe Mehari -- Rainier Title Company
Ali Seid M $530,500 Chicago Title
Myers Dean Craig -- --
Jordan Debra Lynn -- --
Egl Investment Corp $60,000 Charter Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berhe Mehari $748,000
Previous Owner Myers Dean Craig $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2022 06/13/22 Sold $935,000 +3.9% $547 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $899,960 +69.6% $527 / Sq Ft
08/27/2021 08/27/21 Sold $530,500 +9.4% $398 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $485,000 -- $364 / 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 $6,144 $756,400 $443,000 $313,400
2024 $6,144 $741,400 $428,000 $313,400
2023 $5,975 $752,300 $433,000 $319,300
2022 $3,843 $387,400 $317,000 $70,400
2020 $4,293 $386,000 $266,000 $120,000
2019 $4,027 $360,000 $242,000 $118,000
2018 $4,125 $325,300 $220,000 $105,300
2017 $3,405 $276,900 $184,000 $92,900
2016 $3,099 $252,300 $163,000 $89,300
2015 $3,056 $236,400 $152,000 $84,400
2013 $2,811 $206,300 $116,000 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1937144

Northwest Multiple Listing Service (NWMLS)

APN: 005633-000-011-00