Listed by Urban Properties, Bought with Windermere Prop Mgmt/West Snd
NOT LISTED FOR SALE

7205 224th St SW Unit M12 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $298,000 - $326,000

2 Beds
1 Bath
824 Sq Ft
4.27 Acres

Last Sold October 28, 2016

Last sale price $162,000 $197 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,797/month

21 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of October 2016

Adorable top floor end unit with lobby entrance. Kitchen & bath updated. Full dining off kitchen. Master w/ WIC + extra bedroom. Double pane windows. Wash/dryer in unit. Private balcony off the back w/ storage. Plenty of resident and guest parking. Quiet and well maintained complex w/ pool and clubhouse nearby unit. Wonderful location! Walk to Ranch 99 Market shopping, Interurban Trail, and bus! NO RENTAL CAP & NO PET RESTRICTIONS.

Last Agent to Sell the Property

Rachel Badgett

Urban Properties License #24315 Listed on: 08/23/2016

Co-Listed By

Shana Abdo

Keller Williams Realty Bothell License #120056

Last Buyer's Agent

Bonnie Wyatt

Windermere Prop Mgmt/West Snd

Windermere Prop Mgmt/West Snd

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1017216

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1977

Lot Details

  • 4.27

Home Design

  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 672801301200

Community Details

Overview

  • 12 Units
  • Lake Ballinger Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,040

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: deck
  • Estimated Sq Ft: 824
  • Window Coverings: blinds

Exterior Features

  • Exterior: Wood
  • Roof: Built-Up
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 141

Utilities

  • Heating And Cooling: Wall
  • Water Heater: dining rm closet-electric

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • Numberof Units In Complex: 144
  • HOA Fees: 319
  • Community Name: Lake Ballinger
  • Project: Mill Park Condos
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Acer NW INC (425) 771-5756
  • Association Contact: Robert Elder - ONSITE MGR (425) 478-0095
  • Common Property Features: Athletic Court, Club House, High Speed Int Avail, Laundry Room, Lobby Entrance, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Snow Removal, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, End Unit, Insulated Windows, Top Floor, Walk-In Closet

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: ED

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 672801301200

Tax Info

  • Tax Amount: 898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 20, 2016
Sold by
Quigley Cynthia S
Bought by
Gere Cheryl L
Seller's Agent
Rachel Badgett
Urban Properties
Buyer's Agent
Bonnie Wyatt
Windermere Prop Mgmt/West Snd
List Price
$168,000
Sold Price
$162,000
Premium/Discount to List
-$6,000
-3.57%
Current Estimated Value
$307,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,640
Avg. Annual Appreciation
7.45%
Original Mortgage
$129,600
Outstanding Balance
$104,030
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$203,610

Purchase Details

Closed on
Apr 5, 2005
Sold by
Badgett Peter J and Badgett Rachel L
Bought by
Quigley Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Delafuente Ricardo and Delafuente Deborah
Bought by
Badgett Peter J and Badgett Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1999
Sold by
Funk Beverley M and Funk Roy I
Bought by
Barber Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,680
Interest Rate
8.12%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Gere Cheryl L $162,000 Fidelity National Title
Quigley Cynthia S $115,000 Chicago Title
Badgett Peter J $100,000 Chicago Title
Barber Deborah $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gere Cheryl L $129,600
Previous Owner Quigley Cynthia S $92,000
Previous Owner Badgett Peter J $97,000
Previous Owner Barber Deborah $81,680
Closed Quigley Cynthia S $11,488
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $162,000 -3.6% $197 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $168,000 -- $204 / 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 $2,040 $299,500 $99,500 $200,000
2024 $2,040 $288,000 $97,000 $191,000
2023 $1,823 $266,500 $91,000 $175,500
2022 $1,869 $225,000 $77,000 $148,000
2020 $1,845 $198,000 $69,000 $129,000
2019 $1,724 $186,500 $64,500 $122,000
2018 $1,572 $147,000 $47,500 $99,500
2017 $1,068 $104,500 $34,000 $70,500
2016 $898 $87,000 $34,000 $53,000
2015 $822 $75,000 $34,000 $41,000
2013 $789 $68,000 $38,500 $29,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1017216

Northwest Multiple Listing Service (NWMLS)

APN: 006728-013-012-00