Listed by Kelly Right RE of Seattle LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

7205 224th St SW Unit M4 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $305,000 - $343,000

2 Beds
1 Bath
863 Sq Ft
$356/mo HOA Fee

Last Sold November 23, 2022

Last sale price $315,000 $365 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,273/month

2 Days on Market

Highlights

  • Unit is on the top floor
  • Community Pool
  • Patio
  • Edmonds Woodway High School Rated A-
  • Balcony
  • Wood Siding

About This Home

As of November 2022

Top floor condo with walking distance to Market, restaurant, bus station and park. The location can not be beat w/easy access to I-5, a quick drop down into Edmonds, and busses nearby on 99. Extras include a front load washer/dryer in unit, new floor and paint, new countertop in kitchen and bathroom, a private deck with large storage space, swimming pool. Move-in ready w/ NO RENTAL CAP!!!

Last Agent to Sell the Property

Linda Cheng

Kelly Right RE of Seattle LLC License #121482 Listed on: 10/29/2022

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Keelan Martin

Coldwell Banker Bain License #21030859

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2012387

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,869

Year Built

  • Built in 1977

Lot Details

  • 4.27

HOA Fees

  • $356 Monthly HOA Fees

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 863 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Electric Dryer
  • Washer

Parking

  • 149 Parking Spaces
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor

Schools

  • Westgate Elemwg Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Listing and Financial Details

  • Assessor Parcel Number 00672801300400

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, sewer, water
  • 144 Units
  • Edmonds Subdivision
  • Park Phone (425) 747-5900 | Manager Koleen

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,869

Year Built

Built in 1977

Lot Details

0

HOA Fees

$356 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1977
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 863
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 10
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,Top Floor
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric
  • Main Level Bedrooms: 2
  • Stories: 2
  • Bathrooms: 1
  • BathsFullMain: 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,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Balcony

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 149
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 149

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Heating Yn: Yes
  • Utilities: Electricity Available, Common Area Maintenance, Garbage
  • HeatingCoolingType: Baseboard
  • ApplianceHookups: Cooking-Electric,Dryer-Electric

Condo/Co-op/Association

  • Community Features: Pool
  • Park Manager Name: Koleen
  • Park Manager Phone: 425-747-5900
  • Senior Community: No
  • Association Fee: 356
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks
  • CommonPropertyFeatures: Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Sewer, Water

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00672801300400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: 863

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1869

Multi Family

  • Number Of Units In Community: 144
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Westgate ElemWg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2022
Closed on
Nov 15, 2022
Sold by
Li Yuehua
Bought by
Ushakov Pavel
Seller's Agent
Linda Cheng
Kelly Right RE of Seattle LLC
Buyer's Agent
Keelan Martin
Coldwell Banker Bain
List Price
$315,000
Sold Price
$315,000
Views
10
Current Estimated Value
$328,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,248
Avg. Annual Appreciation
1.43%
Original Mortgage
$275,000
Outstanding Balance
$266,472
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$61,776

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 12, 2016
Sold by
Cornell Suzanne
Bought by
Li Yuehua
Seller's Agent
Gretta Graves
COMPASS
Buyer's Agent
Linda Cheng
Kelly Right RE of Seattle LLC
List Price
$134,900
Sold Price
$151,000
Premium/Discount to List
$16,100
11.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Jan 23, 2004
Sold by
Cox Alan
Bought by
Cornell Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,300
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2001
Sold by
Bradder Andrew J
Bought by
Cox Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
7.06%

Purchase Details

Closed on
Jun 10, 1998
Sold by
Davis Dennis Dewey
Bought by
Bradder Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,100
Interest Rate
7.17%
Mortgage Type
FHA
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
Ushakov Pavel -- First American Title
Li Yuehua $151,000 First American Title Ins Co
Cornell Suzanne $117,900 First American Title Ins Co
Cox Alan $93,000 Pacific Northwest Title
Bradder Andrew J $63,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ushakov Pavel $275,000
Previous Owner Cornell Suzanne $94,300
Previous Owner Cox Alan $88,350
Previous Owner Bradder Andrew J $61,100
Closed Cornell Suzanne $23,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2022 11/23/22 Sold $315,000 0.0% $365 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/29/2022 10/29/22 For Sale $315,000 +108.6% $365 / Sq Ft
08/16/2016 08/16/16 Sold $151,000 +11.9% $175 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $134,900 -- $156 / 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 $2,188 $330,500 $99,500 $231,000
2024 $2,188 $309,000 $97,000 $212,000
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: 2012387

Northwest Multiple Listing Service (NWMLS)

APN: 006728-013-004-00