NOT LISTED FOR SALE

550 Elm Way Unit 312 Edmonds, WA 98020

Sherwood Forest Neighborhood

Estimated Value: $450,000 - $493,000

1 Bed
1 Bath
630 Sq Ft
2.27 Acres

Last Sold September 24, 2018

Last sale price $296,000 $470 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,892/month

30 Days on Market

Highlights

  • Views of a Sound
  • Edmonds Woodway High School Rated A-
  • Wall to Wall Carpet

About This Home

As of September 2018

Highland Park, Top Floor Condo with partial Sound and Mountain view, Deck with storage, Light and Bright open floor plan, new carpet and flooring through out, Spacious kitchen with granite CT, sitting bar, panted cabinets, good size Living room. Complex has heated outdoor Pool, Elevator, reserved parking space 61. Elegant Secure Lobby, walk to shops, dining, Park and beach. Enjoy living in Beautiful Edmonds, Call for a private tour.

Last Agent to Sell the Property

Debbi Olsen

HomeSmart Real Estate Assoc License #14961 Listed on: 07/30/2018

HomeSmart Real Estate Assoc

Last Buyer's Agent

Jody Scott

RE/MAX Elite License #112409

RE/MAX Elite

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1336970

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 1964

Lot Details

  • 2.27

Parking

  • Uncovered Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Flat Roof Shape
  • Stucco
  • Stone

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Laundry

  • Washer

Listing and Financial Details

  • Assessor Parcel Number 00836300131200

Community Details

Overview

  • Edmonds Bowl Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,033

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric
  • Appliances That Stay: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Estimated Sq Ft: 630

Exterior Features

  • Exterior: Stone, Stucco
  • Roof: Flat
  • View: Mountain, Sound, Territorial

Garage/Parking

  • Parking Type: Uncovered

Utilities

  • Heating And Cooling: Forced Air

Condo/Co-op/Association

  • HOA Fees: 300
  • Community Name: Edmonds Bowl
  • Project: Highland Park
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Jennifer Gallo (206) 388-0180
  • Home Owner Dues Included: Cable Tv, Earthquake Ins., Garbage, Water/Sewer
  • Unit Features: Balcony/Deck/Patio, Disabled Access

Schools

  • School District: ED

Lot Info

  • Parcel Number: 00836300131200

Tax Info

  • Tax Amount: 2106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Sep 11, 2018
Sold by
Westley Ringer Kathleen and 550 Elm Trust
Bought by
Adams John Shepard and Adams Andrea Leslie
Seller's Agent
Debbi Olsen
HomeSmart Real Estate Assoc
Buyer's Agent
Jody Scott
RE/MAX Elite
List Price
$319,000
Sold Price
$296,000
Premium/Discount to List
-$23,000
-7.21%
Current Estimated Value
$477,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,834
Avg. Annual Appreciation
7.22%
Original Mortgage
$222,000
Outstanding Balance
$193,643
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$282,614

Purchase Details

Closed on
Jan 14, 2014
Sold by
Westley Rebekah
Bought by
550 Elm Trust

Purchase Details

Listed on
Jan 28, 2013
Closed on
Sep 3, 2013
Sold by
Federal National Mortgage Association
Bought by
Westley Rebekah
Seller's Agent
Terry Vehrs
Windermere Real Estate/M2, LLC
Buyer's Agent
David Lord
Champions Real Estate
List Price
$117,500
Sold Price
$115,000
Premium/Discount to List
-$2,500
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Dec 12, 2012
Sold by
Newitt Thomas R and Newitt Monika M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2007
Sold by
Rimstad Cheryl B
Bought by
Newitt Thomas R and Newitt Monika M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2002
Sold by
Rimstad Eric N
Bought by
Rimstad Cheryl B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,500
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1996
Sold by
Alyson Manor Associates
Bought by
Aucourt Rosemary M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adams John Shepard $296,000 First American Title
550 Elm Trust -- None Available
Westley Rebekah $115,000 Chicago Title
Federal National Mortgage Association $154,335 First American
Newitt Thomas R $220,000 Old Republic Title Ltd
Rimstad Cheryl B -- --
Rimstad Cheryl B $135,500 Commonwealth Land Title
Aucourt Rosemary M $114,900 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams John Shepard $222,000
Previous Owner Newitt Thomas R $154,000
Previous Owner Rimstad Cheryl B $124,500
Previous Owner Rimstad Cheryl B $125,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $296,000 -7.2% $470 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $319,000 0.0% $506 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $319,000 +99900.0% $506 / Sq Ft
07/30/2018 07/30/18 For Sale $319 -99.7% $1 / Sq Ft
09/06/2013 09/06/13 Sold $115,000 -2.1% $183 / Sq Ft
08/16/2013 08/16/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $117,500 -- $187 / 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 $3,033 $403,500 $149,000 $254,500
2024 $3,033 $424,900 $149,000 $275,900
2023 $2,789 $404,700 $149,000 $255,700
2022 $2,947 $351,900 $135,000 $216,900
2020 $2,604 $278,000 $135,000 $143,000
2019 $1,765 $189,600 $135,000 $54,600
2018 $2,106 $195,700 $135,000 $60,700
2017 $1,769 $172,000 $58,000 $114,000
2016 $1,537 $148,000 $46,500 $101,500
2015 $1,627 $147,500 $43,000 $104,500
2013 $1,567 $134,000 $56,500 $77,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Debbi Olsen

    HomeSmart Real Estate Associates

    (425) 248-7813

    8 Total Sales

    Debbi Olsen
    Section Image
  • Jody Scott

    Buyer's Agent in 2018

    Jody Scott

    Realty World Performance

    (425) 772-8047

    3 in this area

    103 Total Sales

    Jody Scott
    Section Image
  • Terry Vehrs

    Seller's Agent in 2013

    Terry Vehrs

    Windermere Corporate

    (425) 778-1888

    16 in this area

    200 Total Sales

    Terry Vehrs
    Section Image

  • D

    Buyer's Agent in 2013

    David Lord

    Champions Real Estate Services

    (206) 718-2425

    5 Total Sales

    David Lord
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1336970

Northwest Multiple Listing Service (NWMLS)

APN: 008363-001-312-00

Washington Snohomish County Edmonds 98020 Sherwood Forest

550 Elm Way Unit 312, Edmonds, WA

This home is located at 550 Elm Way Unit 312, Edmonds, WA 98020 since 30 July 2018 and is currently estimated at $477,834, approximately $758 per square foot. This property was built in 1964. 550 Elm Way Unit 312 is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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