NOT LISTED FOR SALE

550 Elm Way Unit 405 Edmonds, WA 98020

Sherwood Forest Neighborhood

Estimated Value: $631,000 - $694,385

2 Beds
2 Baths
977 Sq Ft
2.27 Acres

Last Sold August 31, 2016

Last sale price $385,000 $394 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,943/month

1 Day on Market

Highlights

  • Views of a Sound
  • 1 Fireplace
  • Ceramic Tile Flooring
  • Edmonds Woodway High School Rated A-

About This Home

As of August 2016

STUNNING PANORAMIC Puget Sound view! TOP FLOOR 2 BR 2 Full Bath in Downtown Edmonds with expansive view of the Sound. Short, easy walk to shops, grocery store, restaurants, cafes, theater, beach, & commuter train! Open & inviting, turn key condition. Wood burning fireplace. Enjoy SPECTACULAR sunsets from spacious deck. Very quiet, includes garage.

Last Agent to Sell the Property

S Jay McGinnis

Coldwell Banker Bain License #26796 Listed on: 07/05/2016

Coldwell Banker Bain

Last Buyer's Agent

Kathy Pickus

Windermere Real Estate GH LLC License #122234

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM971790

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,815

Year Built

  • Built in 1964

Lot Details

  • 2.27

Parking

  • Common or Shared Parking

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Flat Roof Shape

Interior Spaces

  • 4-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 00836300140500

Community Details

Overview

  • Downtown Edmonds Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,815

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 4
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Ceramic Tile, Laminate, Vinyl
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 977

Exterior Features

  • Exterior: Cement/Concrete
  • Roof: Flat
  • View: Mountain, Sound

Garage/Parking

  • Parking Type: Common Garage
  • Parking Space Number: 1

Utilities

  • Heating And Cooling: Radiant
  • Water Heater: electric

Condo/Co-op/Association

  • HOA Fees: 429
  • Community Name: Downtown Edmonds
  • Project: Highland Park
  • Cats And Dogs: Subj To Restrictions
  • Common Property Features: Cable Tv, Club House, Lobby Entrance, Pool-Outdoor
  • Home Owner Dues Included: Cable Tv, Garbage, Water/Sewer, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Insulated Windows

Schools

  • School District: ED

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 00836300140500

Tax Info

  • Tax Amount: 2645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 26, 2016
Sold by
Woodbury Charles M
Bought by
Thompson Pamela Ruth
Seller's Agent
S Jay McGinnis
Coldwell Banker Bain
Buyer's Agent
Kathy Pickus
Windermere Real Estate GH LLC
List Price
$378,500
Sold Price
$385,000
Premium/Discount to List
$6,500
1.72%
Current Estimated Value
$656,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,346
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Jun 5, 2003
Sold by
Woodbury Rodica
Bought by
Woodbury Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,910
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 4, 2003
Sold by
Findahl Fred
Bought by
Woodbury Charles M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,910
Interest Rate
5.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 21, 1995
Sold by
Alyson Manor Associates
Bought by
Young Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.62%
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
Thompson Pamela Ruth $385,000 Chicago Title Company Of Wa
Woodbury Charles M -- First American Title Ins Co
Woodbury Charles M $239,900 First American Title Ins Co
Young Patricia A $207,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodbury Charles M $221,200
Previous Owner Woodbury Charles M $215,910
Previous Owner Young Patricia A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $385,000 +1.7% $394 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $378,500 -- $387 / 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 $3,815 $527,900 $149,000 $378,900
2024 $3,815 $534,700 $149,000 $385,700
2023 $3,506 $509,200 $149,000 $360,200
2022 $3,706 $442,800 $135,000 $307,800
2020 $3,203 $342,100 $135,000 $207,100
2019 $3,029 $326,000 $135,000 $191,000
2018 $3,523 $327,800 $135,000 $192,800
2017 $3,041 $296,000 $88,500 $207,500
2016 $2,645 $255,000 $70,500 $184,500
2015 $2,808 $255,000 $65,500 $189,500
2013 $2,709 $232,000 $86,500 $145,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    S Jay McGinnis

    Coldwell Banker Bain

    (206) 799-2891

    17 Total Sales

    S Jay McGinnis
    Section Image

  • K

    Buyer's Agent in 2016

    Kathy Pickus

    Windermere Corporate

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM971790

Northwest Multiple Listing Service (NWMLS)

APN: 008363-001-405-00

Washington Snohomish County Edmonds 98020 Sherwood Forest

550 Elm Way Unit 405, Edmonds, WA

This home is located at 550 Elm Way Unit 405, Edmonds, WA 98020 since 05 July 2016 and is currently estimated at $656,346, approximately $671 per square foot. This property was built in 1964. 550 Elm Way Unit 405 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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