Listed by Windermere Real Estate GH LLC, Bought with Frontier Realty
NOT LISTED FOR SALE

554 Paradise Ln Unit C202 Edmonds, WA 98020

Pine Park Neighborhood

Estimated Value: $648,388 - $1,399,000

2 Beds
2 Baths
1,456 Sq Ft
$600/mo HOA Fee

Last Sold August 20, 2024

Last sale price $1,300,000 $893 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,743/month

15 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 August 2024

Live in coveted Paradise Heights, Edmonds’ newest luxury condo complex nestled at the rim of the Bowl. This 2-bed unit offers an open plan design. Oversized windows w/ views of Puget Sound & Whidbey. Wide-plank LVP throughout main living areas. Huge private view deck w/ glass panel railings, unwind-watching sunsets. Large 501 SF private garage, EV ready. Elevator access directly to unit. Chef-style kitchen w/ island easily seats 4. Custom cabinetry & all SS appliances. Inviting gas fireplace w/ stacked travertine tile surround & live edge wood mantle. Primary Suite has 5-piece bath w/ dual sinks & large walk-in shower, plus WIC w/ custom built-ins. 2nd bed spacious. Heat pump mini splits offer year-round comfort.

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 07/18/2024

Windermere Real Estate GH LLC

Last Buyer's Agent

Jin Chang

Frontier Realty License #49734

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2266288

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,000

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

  • 1,456 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

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01232900320200

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

$6,000

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: Dishwashers,GarbageDisposal,Microwaves,Refrigerators,SeeRemarks,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Paradise Heights
  • Unit Levels: One
  • New Construction: Yes
  • CalculatedSquareFootage: 1456
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 1
  • UnitFeatures: Balcony/Deck/Patio,Primary Bath,Sprinkler System,Walk-in Closet
  • EstimatedCompletionDate: 2024-07-12
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 381

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s)
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Balcony/Deck/Patio, Fireplace, Water Heater
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 2
  • BathsFullMain: 2
  • 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: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 2
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Sound, Territorial
  • Lot Features: 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, Heat Pump
  • 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: 01232900320200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Builder

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6000

Multi Family

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

MLS Schools

  • Elementary School: Sherwood ElemSw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Aug 15, 2024
Sold by
Paradise Heights Hld Llc
Bought by
Hwang Sung Wuk and Hwang Eun Ja
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Jin Chang
Frontier Realty
List Price
$1,300,000
Sold Price
$1,300,000
Views
6
Current Estimated Value
$1,101,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$198,619
Avg. Annual Appreciation
-16.57%
Original Mortgage
$650,000
Outstanding Balance
$643,836
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$440,761
Source: Public Records

Range of Values:

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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
Hwang Sung Wuk $1,300,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Sung Wuk $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2024 08/20/24 Sold $1,300,000 0.0% $893 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $1,300,000 -- $893 / 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 $1,708 $735,000 $250,000 $485,000
2024 $1,708 $240,100 $58,000 $182,100
Source: Public Records

Agents Affiliated with this Home

  • Adam Cobb

    Seller's Agent in 2024

    Adam Cobb

    Windermere Corporate

    (206) 854-9454

    59 in this area

    544 Total Sales

    Adam Cobb
    Section Image

  • J

    Buyer's Agent in 2024

    Jin Chang

    Frontier Realty

    (206) 310-4989

    1 in this area

    8 Total Sales

    Jin Chang
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2266288

Northwest Multiple Listing Service (NWMLS)

APN: 012329-003-202-00

Washington Snohomish County Edmonds 98020 Pine Park

554 Paradise Ln Unit C202, Edmonds, WA

This home is located at 554 Paradise Ln Unit C202, Edmonds, WA 98020 since 18 July 2024 and is currently estimated at $1,084,597, approximately $744 per square foot. This property was built in 2024. 554 Paradise Ln Unit C202 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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