Listed by Windermere Real Estate GH LLC, Bought with Windermere Real Estate GH LLC
$1,575,000
SOLD JAN 8, 2025

550 Paradise Ln Unit B302 Edmonds, WA 98020

Pine Park Neighborhood
3 Beds
2 Baths
1,979 Sq Ft
$600/mo HOA Fee

Recently Sold

$796 Per Sq Ft

1% Below List Price

60 Days on Market

Highlights

  • Views of a Sound
  • New Construction
  • Balcony
  • Edmonds Woodway High School Rated A-
  • Engineered Wood Flooring
  • Walk-In Closet

About This Home

As of January 2025

Coveted top-floor new construction luxury condo offers elevator access directly from its 747 SQ FT private garage into unit. LVP hardwoods throughout main. Open-plan design captures Sound, Whidbey, & Mt. Baker views. Chef-style kitchen features a large island w/ ample seating, storage, & meal prep space, complete w/ SS GE Profile appliances, Carrara misty quartz countertops, &white shaker-style cabinetry. Floor-to-ceiling stacked travertine gas fireplace adds warmth, while the view balcony extends entertaining outdoors. Enjoy yr-round comfort w/ heat pump mini-splits. 3 spacious bedrooms include primary suite w/ barn doors leading to luxe ¾ bath & walk-in closet. Utility room is equipped with a sink for added convenience. Tons of storage.

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 09/27/2024

Windermere Real Estate GH LLC

Last Buyer's Agent

Lynn Kern

Windermere Real Estate GH LLC License #106510

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2296254

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,216

Year Built

  • Built in 2024 | New Construction

Lot Details

  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking

Property Views

  • Views of a Sound
  • Mountain
  • Territorial
  • Limited

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,979 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Home Security

Outdoor Features

  • Balcony
  • Patio

Schools

  • Sherwood Elemsw Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01232900230200

Community Details

Overview

  • Association fees include common area maintenance, sewer, water
  • 12 Units
  • Paradise Heights Condos
  • Edmonds Bowl Subdivision

Pet Policy

  • Dogs and Cats Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,216

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 2024
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Paradise Heights
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1979
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • UnitFeatures: Balcony/Deck/Patio,Insulated Windows,Primary Bath,Sprinkler System,Walk-in Closet
  • EstimatedCompletionDate: 2024-07-19
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 187

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Fireplace, Wall to Wall Carpet, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 3
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
  • StorageLocation: Garage
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Structure Type: Multi Family
  • ViewFrom: Unit

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage, Off Street

Utilities

  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Cable TV, Fire Sprinklers, High Speed Int Avail
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Cable TV,Fire Sprinklers,High Speed Int Avail

Fee Information

  • Association Fee Includes: Common Area Maintenance, Sewer, Water

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 01232900230200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Builder Plans

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2216

Multi Family

  • Number Of Units In Community: 12
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Sherwood ElemSw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 31, 2024
Sold by
Paradise Heights Hld Llc
Bought by
Glass Bette J
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Lynn Kern
Windermere Real Estate GH LLC
List Price
$1,595,000
Sold Price
$1,575,000
Premium/Discount to List
-$20,000
-1.25%
Total Days on Market
60
Views
27
Current Estimated Value
$491,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,084,000
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,575,000 Chicago Title
Warranty Deed $1,575,000 Chicago Title
Warranty Deed $1,575,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $1,575,000 -1.3% $796 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,595,000 -- $806 / 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 $2,216 $1,227,600 $250,000 $977,600
2024 $2,216 $311,400 $58,200 $253,200
Source: Public Records

Agents Affiliated with this Home

  • Adam Cobb

    Seller's Agent in 2025

    Adam Cobb

    Windermere Corporate

    (206) 854-9454

    58 in this area

    539 Total Sales

    Adam Cobb
    Section Image
  • Lynn Kern

    Buyer's Agent in 2025

    Lynn Kern

    Windermere Corporate

    (206) 755-2024

    5 in this area

    66 Total Sales

    Lynn Kern
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2296254

Northwest Multiple Listing Service (NWMLS)

APN: 012329-002-302-00

Washington Snohomish County Edmonds 98020 Pine Park

550 Paradise Ln Unit B302, Edmonds, WA

This home is located at 550 Paradise Ln Unit B302, Edmonds, WA 98020 and is currently priced at $1,575,000, approximately $795 per square foot. This property was built in 2024. 550 Paradise Ln Unit B302 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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