Listed by Windermere Real Estate GH LLC, Bought with Windermere RE North, Inc.
NOT LISTED FOR SALE

554 Paradise Ln Unit C201 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $713,699 - $1,577,000

3 Beds
2 Baths
1,801 Sq Ft
$600/mo HOA Fee

Last Sold December 05, 2024

Last sale price $1,530,000 $850 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $7,023/month

74 Days on Market

Highlights

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

About This Home

As of December 2024

Final unit in the highly sought-after C building of Edmonds' newest luxury condos Paradise Heights. Featuring views of Puget Sound & Whidbey Island. Enjoy the convenience of direct elevator access from your expansive and private 855 sq ft garage. Open-plan design seamlessly flows out to large, covered deck, perfect for taking in views. Natural light throughout. Chef's kitchen boasts SS GE Profile appliances, an island w/ eating space, Carrara misty quartz countertops, & contrasting subway tile backsplash. 3 spacious beds, the Primary Suite has a luxurious bath w/ dual sinks, a walk-in shower, and an oversized WIC w/ built-ins. Mini-splits ensure yr-round comfort. LVP flooring throughout main. Moments to the Edmonds Bowl! Lives like a house.

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 08/30/2024

Windermere Real Estate GH LLC

Last Buyer's Agent

Nancy Marsh

Windermere RE North, Inc. License #79343

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2284577

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,243

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

Home Design

  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 1,801 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

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

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
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01232900320100

Community Details

Overview

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

Amenities

  • Elevator
  • Lobby

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,243

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: 1801
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • DwellingType: Attached
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Sprinkler System,Walk-in Closet
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Balcony/Deck/Patio, Ceramic Tile, Wall to Wall Carpet, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 3
  • BathsFullMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound, Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • 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: Ductless HP-Mini Split, Forced Air
  • Heating Yn: Yes
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Elevator, Lobby Entrance
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK
  • CommonPropertyFeatures: Elevator,Lobby Entrance

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: 01232900320100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • RentalCap: No Rental Cap

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2243

Multi Family

  • Number Of Units In Community: 12
  • EnergySource: Electric

MLS Schools

  • Elementary School: Sherwood ElemSw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Dec 3, 2024
Sold by
Paradise Heights Hld Llc
Bought by
Benjamin Richard Charles and Benjamin Penny Thorson
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Nancy Marsh
Windermere RE North, Inc.
List Price
$1,595,000
Sold Price
$1,530,000
Premium/Discount to List
-$65,000
-4.08%
Views
39
Current Estimated Value
$1,185,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$344,434
Avg. Annual Appreciation
-22.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Benjamin Richard Charles $1,530,000 Chicago Title
Benjamin Richard Charles $1,530,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2024 12/05/24 Sold $1,530,000 -1.2% $850 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $1,549,000 -2.9% $860 / Sq Ft
08/30/2024 08/30/24 For Sale $1,595,000 -- $886 / 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 $2,243 $933,500 $250,000 $683,500
2024 $2,243 $315,300 $58,200 $257,100
Source: Public Records

Agents Affiliated with this Home

  • Adam Cobb

    Seller's Agent in 2024

    Adam Cobb

    Windermere Corporate

    (206) 854-9454

    63 in this area

    541 Total Sales

    Adam Cobb
    Section Image
  • Nancy Marsh

    Buyer's Agent in 2024

    Nancy Marsh

    Windermere Corporate

    (425) 478-3549

    4 in this area

    64 Total Sales

    Nancy Marsh
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2284577

Northwest Multiple Listing Service (NWMLS)

APN: 012329-003-201-00

Washington Snohomish County Edmonds 98020 Pine Park

554 Paradise Ln Unit C201, Edmonds, WA

Not Listed for Sale

Condos

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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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