NOT LISTED FOR SALE

550 Elm Way Unit 406 Edmonds, WA 98020

Sherwood Forest Neighborhood

Estimated Value: $622,000 - $668,767

2 Beds
2 Baths
977 Sq Ft
$656/Sq Ft Est. Value

About This Home

This home is located at 550 Elm Way Unit 406, Edmonds, WA 98020 and is currently estimated at $640,942, approximately $656 per square foot. 550 Elm Way Unit 406 is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2019
Sold by
Simokat Laila E
Bought by
Dinsmore Bradford W and Dinsmore Denise
Current Estimated Value
$640,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$193,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$432,413

Purchase Details

Closed on
Aug 26, 2004
Sold by
Regney Marda
Bought by
Simokat Walter E and Simokat Laila E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1995
Sold by
Alyson Manor Associates
Bought by
Moore Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.63%

Purchase Details

Closed on
Sep 14, 1988
Sold by
Moore Margaret A
Bought by
Thornton Ardys H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Dinsmore Bradford W $475,000 First American
Simokat Walter E $274,000 Pnwt
Moore Margaret A $206,000 Stewart Title Company
Thornton Ardys H $263,000 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinsmore Bradford W $215,000
Previous Owner Simokat Walter E $25,000
Previous Owner Simokat Walter E $23,000
Previous Owner Simokat Walter E $296,000
Previous Owner Simokat Walter E $50,000
Previous Owner Simokat Walter E $256,000
Previous Owner Simokat Walter E $32,000
Previous Owner Simokat Walter E $219,200
Previous Owner Moore Margaret A $70,000
Closed Simokat Walter E $54,800
Source: Public Records

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

Map

Washington Snohomish County Edmonds 98020 Sherwood Forest

550 Elm Way Unit 406, Edmonds, WA

This home is located at 550 Elm Way Unit 406, Edmonds, WA 98020 and is currently estimated at $640,942, approximately $656 per square foot. 550 Elm Way Unit 406 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.

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