Seller's Agent in 2022
Theresa Alston
Windermere Corporate
(206) 650-4777
1 in this area
12 Total Sales
Listed by Windermere R.E. Shoreline, Bought with RE/MAX Northwest
7202 Picnic Place Edmonds, WA 98026
Estimated Value: $3,288,000 - $4,927,000
4
Beds
4.5
Baths
7,539
Sq Ft
$522/Sq Ft
Est. Value
Highlights
- Ocean View
- Second Kitchen
- RV Access or Parking
- Harbour Pointe Middle School Rated A-
- Wine Cellar
- 3-minute walk to Picnic Point Park
About This Home
As of December 2022Price Improvement! This gracefully elegant estate with breathtaking panoramic views of the Puget Sound & Olympics perches on 2 parcels combined into a lush .78 ac property. The builder’s own private home, no expense was spared using the utmost of fine materials & expert craftsmanship to create exquisite, timeless surroundings covering 7,539 sqft over 3 floors. A stunning composition of marble, mahogany, & stained glass, the home boasts a chef’s kitchen with butler’s pantry & 2 primary bedroom suites with windows framing the ever-changing views. Entertainer's dream with 2 decks, media room, wine cellar, formal living room, 2nd kitchen & 6 fireplaces. Unique and timeless, in a setting that makes the most out of the beautiful Pacific NW.
Last Agent to Sell the Property
Windermere R.E. Shoreline License #10843 Listed on: 09/25/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2000136
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,790
Year Built
- Built in 1997
Lot Details
- 0.78 Acre Lot
- Street terminates at a dead end
- West Facing Home
- Corner Lot
- Level Lot
- Sprinkler System
- Wooded Lot
- Property is in very good condition
Parking
- 3 Car Attached Garage
- RV Access or Parking
Property Views
- Ocean
- Views of a Sound
- Strait Views
- Mountain
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Shake Roof
- Stucco
Interior Spaces
- 7,539 Sq Ft Home
- 2-Story Property
- Wet Bar
- Central Vacuum
- Vaulted Ceiling
- 6 Fireplaces
- Wood Burning Fireplace
- Electric Fireplace
- Gas Fireplace
- French Doors
- Wine Cellar
- Dining Room
- Natural lighting in basement
Kitchen
- Second Kitchen
- Walk-In Pantry
- Double Oven
- Stove
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- Fireplace in Primary Bedroom
- Double Master Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Storm Windows
Outdoor Features
- Deck
Location
- Property is near public transit
- Property is near a bus stop
Schools
- Picnic Point Elementary School
- Harbour Pointe Mid Middle School
- Kamiak High School
Utilities
- Central Air
- Heat Pump System
- Propane
- Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Picnic Point Subdivision
Listing and Financial Details
- Tax Lot 69 & 70
- Assessor Parcel Number 00542900006900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2022
Closed on
Nov 28, 2022
Sold by
Victor K Estate Llc
Bought by
Aseresu Mulugeta T and Kassa Tsige T
Seller's Agent
Theresa Alston
Windermere R.E. Shoreline
Buyer's Agent
Hanna Petros
RE/MAX Northwest
List Price
$2,999,950
Sold Price
$2,716,000
Premium/Discount to List
-$283,950
-9.47%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,219,058
Avg. Annual Appreciation
14.38%
Original Mortgage
$2,037,000
Outstanding Balance
$1,977,317
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$1,957,741
Purchase Details
Listed on
Jun 15, 2017
Closed on
Nov 16, 2017
Sold by
Clay Hearl Kenneth and The Heart Clay Estate
Bought by
Victor K Estate Llc
Seller's Agent
Michael West
eXp Realty
Buyer's Agent
Elliott Nutt
Engel & Voelkers Seattle DT
List Price
$2,800,000
Sold Price
$2,025,000
Premium/Discount to List
-$775,000
-27.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aseresu Mulugeta T | -- | Cw Title | |
| Victor K Estate Llc | $2,025,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aseresu Mulugeta T | $2,037,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2022 12/23/22 | Sold | $2,716,000 | -9.5% | $360 / Sq Ft |
| 10/19/2022 10/19/22 | Pending | -- | -- | -- |
| 09/25/2022 09/25/22 | For Sale | $2,999,950 | +48.1% | $398 / Sq Ft |
| 11/27/2017 11/27/17 | Sold | $2,025,000 | -15.2% | $269 / Sq Ft |
| 11/03/2017 11/03/17 | Pending | -- | -- | -- |
| 08/03/2017 08/03/17 | Price Changed | $2,388,000 | -14.7% | $317 / Sq Ft |
| 06/15/2017 06/15/17 | For Sale | $2,800,000 | -- | $371 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $27,466 | $3,488,500 | $1,150,600 | $2,337,900 |
| 2024 | $27,466 | $3,339,800 | $1,113,200 | $2,226,600 |
| 2023 | $28,642 | $3,639,600 | $1,075,000 | $2,564,600 |
| 2022 | $29,759 | $3,207,000 | $787,500 | $2,419,500 |
| 2020 | $24,469 | $2,544,000 | $722,800 | $1,821,200 |
| 2019 | $24,839 | $2,595,800 | $890,400 | $1,705,400 |
| 2018 | $24,665 | $2,247,200 | $724,600 | $1,522,600 |
| 2017 | $24,486 | $2,288,400 | $725,100 | $1,563,300 |
| 2016 | $21,561 | $2,003,000 | $507,600 | $1,495,400 |
| 2015 | $22,548 | $1,918,900 | $432,500 | $1,486,400 |
| 2013 | $20,206 | $1,615,100 | $407,800 | $1,207,300 |
Source: Public Records
Agents Affiliated with this Home
-
Theresa Alston
-
Hanna Petros
Buyer's Agent in 2022
Hanna Petros
RE/MAX Northwest Realtors
(206) 427-6400
1 in this area
71 Total Sales
-
M
Seller's Agent in 2017
Michael West
eXp Realty
-
Elliott Nutt
Buyer's Agent in 2017
Elliott Nutt
Engel & Voelkers Seattle DT
(206) 251-0075
70 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2000136
APN: 005429-000-069-00
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Based on information submitted to the MLS GRID
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