Listed by John L. Scott, Inc., Bought with KW Greater Seattle
NOT LISTED FOR SALE

7001 Lake Ballinger Way Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $1,396,000 - $1,746,000

5 Beds
3 Baths
4,150 Sq Ft
$390/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $700,000 $169 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $9,389/month

20 Days on Market

Highlights

  • Low Bank Waterfront Property
  • RV Access or Parking
  • Fruit Trees
  • Edmonds-Woodway High School Rated A-
  • Lake View
  • Deck

About This Home

As of December 2016

4100+ sqft waterfront home w/ stunning views of Lake Ballinger.This hidden gem sits away from the street & offers privacy. 5 beds & 3 bath provide rm for everyone in a classic setting. Main level offers lg living room, chef’s kitchen w/ indoor grill, fp, spectacular views, 2 bed & an updated bathroom. Upstairs has a huge master bed suite w/ breathtaking views from the private balcony, dry sauna & an office or 4th bed. Downstairs has fam rm, 5th bed, office, 3rd bath & an entertainment size deck.

Last Agent to Sell the Property

Gus Mansour

John L. Scott, Inc. License #13992 Listed on: 09/07/2016

John L. Scott, Inc.

Co-Listed By

Sam Mansour

John L. Scott, Inc. License #26841

Last Buyer's Agent

Meredith Hansen

KW Greater Seattle License #6954

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1018140

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,360

Year Built

  • Built in 1953

Lot Details

  • Low Bank Waterfront Property
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Property is zoned RSW12

Home Design

  • Northwest Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2 Fireplaces
  • Lake Views
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • Cable TV Available

Community Details

  • Edmonds Community

Listing and Financial Details

  • Assessor Parcel Number 00488800801300

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,360

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Architecture: Nw Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: 2nd Kitchen, 2nd Master Br, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, French Doors, Jetted Tub, Sauna, Security System, Skylights, Vaulted Ceilings, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5.00
  • Main Floor Bedrooms: 2
  • Lower Level Bedroom: 1
  • Bathrooms: 3.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 3
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight
  • Den or Office: Upper
  • Dining Room: Main
  • Extra Finished Room: Lower
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 4150
  • Square Footage Finished: 4150

Exterior Features

  • Exterior: Brick, Metal/Vinyl, Wood
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Lake
  • Waterfront: Bank-Low, Lake

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Edmonds
  • Water Company: City of Edmonds
  • Water Heater: Basement-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Edmonds

Schools

  • School District: ED

Lot Info

  • Lot Number: 13
  • Lot Details: Paved Street, Sidewalk
  • Lot Sq Ft: 20037
  • Lot Topography Vegetation: Fruit Trees, Level, Partial Slope
  • Parcel Number: 00488800801300
  • Zoning Code: RSW12
  • Lot Topography: Fruit Trees, Level, Partial Slope

Tax Info

  • Tax Amount: 5853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
Mai Mostad Crystina
Bought by
Mostad Samuel Moen
Current Estimated Value
$1,619,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$592,490
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,026,805

Purchase Details

Listed on
Sep 7, 2016
Closed on
Dec 19, 2016
Sold by
Preston Ronald and Bangle Dianne
Bought by
Mostad Samuel M and Mostad Crystina M
Seller's Agent
Gus Mansour
John L. Scott, Inc.
Buyer's Agent
Meredith Hansen
KW Greater Seattle
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$400,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2014
Sold by
Preston Robert
Bought by
Preston Ronald and Bangle Dianne

Purchase Details

Closed on
Oct 2, 2014
Sold by
Preston Robin and Preston Ronald
Bought by
Preston Ronald and Bangle Dianne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Mostad Samuel Moen -- Chicago Title
Mostad Samuel M $700,000 First American Title Ins Co
Preston Ronald -- None Available
Preston Ronald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mostad Samuel Moen $647,200
Previous Owner Mostad Samuel M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2016 12/30/16 Sold $700,000 -11.9% $169 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/07/2016 09/07/16 Price Changed $795,000 -6.5% $192 / Sq Ft
09/07/2016 09/07/16 For Sale $850,000 -- $205 / 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 $10,360 $1,577,700 $725,000 $852,700
2024 $10,360 $1,468,800 $659,400 $809,400
2023 $9,769 $1,435,200 $618,900 $816,300
2022 $10,121 $1,222,800 $529,000 $693,800
2020 $8,775 $945,100 $449,200 $495,900
2019 $7,443 $752,600 $449,200 $303,400
2018 $7,736 $725,400 $458,800 $266,600
2017 $6,770 $664,900 $428,400 $236,500
2016 $5,853 $570,000 $343,600 $226,400
2015 $5,607 $514,200 $297,500 $216,700
2013 $1,843 $466,900 $263,700 $203,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gus Mansour

    John L Scott

    (206) 919-4678

    23 Total Sales

    Gus Mansour
    Section Image
  • Sam Mansour

    Seller Co-Listing Agent in 2016

    Sam Mansour

    John L Scott

    (206) 779-7713

    219 Total Sales

    Sam Mansour
    Section Image
  • Meredith Hansen

    Buyer's Agent in 2016

    Meredith Hansen

    KW Greater Seattle

    (206) 650-0234

    10 Total Sales

    Meredith Hansen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1018140

Northwest Multiple Listing Service (NWMLS)

APN: 004888-008-013-00

Washington Snohomish County Edmonds 98026 Lake Ballinger

7001 Lake Ballinger Way, Edmonds, WA

Not Listed for Sale

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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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