NOT LISTED FOR SALE

7305 224th St SW Unit F3 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $317,000 - $353,000

2 Beds
1 Bath
888 Sq Ft
3.09 Acres

Last Sold March 15, 2013

Last sale price $45,000 $51 Per Sq Ft

Est. 629% increase in value since last sale

Current estimated payment $2,012/month

24 Days on Market

About This Home

As of March 2013

HUD home sold "as is" by electronic bid only, available 01/19/13 bids due daily at 11:59 PM CST. Case #561826180. (IN), property conditions forms and disclosures and instructions, visit hudhomestore or BLBresources. Great condo in Edmonds close to all shopping and freeways, one level unit ground floor with patio. Clean and ready to move into, great schools too. pending as of 1/23/2013

Last Agent to Sell the Property

Dave Watkins

Windermere Real Estate GH LLC License #4742 Listed on: 12/29/2012

Windermere Real Estate GH LLC

Last Buyer's Agent

Bill Wilson

Swanson Realty, Inc. License #13119

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM433039

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1981

Lot Details

  • 3.09

Parking

  • Uncovered Parking

Home Design

  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 00672900600300

Community Details

Overview

  • 10 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,040

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: Condo (1 Level)
  • Entrance Level: Main
  • Senior Exemption: Y
  • Unit Floor Number: 1
  • Year Built: 1981
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • 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
  • Estimated Sq Ft: 888

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Torch Down

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 32

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 10
  • Numberof Units In Complex: 36
  • HOA Fees: 303
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: ACER
  • Association Contact: ACER (425) 771-5767
  • Home Owner Dues Included: Earthquake Ins., Water/Sewer

Schools

  • School District: ED

Lot Info

  • Parcel Number: 00672900600300

Tax Info

  • Tax Amount: 1000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2012
Closed on
Mar 12, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Jones Steven
Seller's Agent
Dave Watkins
Windermere Real Estate GH LLC
Buyer's Agent
Bill Wilson
Swanson Realty, Inc.
List Price
$45,000
Sold Price
$45,000
Total Days on Market
24
Current Estimated Value
$328,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,053
Avg. Annual Appreciation
17.65%

Purchase Details

Closed on
Nov 12, 2012
Sold by
Citimortgage Inc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Nov 6, 2012
Sold by
Allison William C
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 13, 2006
Sold by
Thompson Angela R
Bought by
Allison William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,857
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2002
Sold by
Lee Matthew James
Bought by
Thompson Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,545
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2001
Sold by
Udani Dante U
Bought by
Lee Matthew James

Purchase Details

Closed on
May 20, 1998
Sold by
Okeefe Sally L
Bought by
Udani Dante U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,850
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1994
Sold by
Hopkins Ronald L and Hopkins Tannie L
Bought by
Okeefe Sally L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,050
Interest Rate
8.3%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Jones Steven -- Chicago Title
The Secretary Of Housing & Urban Develop -- First American
Citimortgage Inc $154,111 None Available
Allison William C $138,000 Chicago Title
Thompson Angela R $98,500 --
Lee Matthew James $75,329 --
Udani Dante U $69,500 --
Okeefe Sally L $62,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allison William C $20,000
Previous Owner Allison William C $135,857
Previous Owner Thompson Angela R $95,545
Previous Owner Udani Dante U $67,850
Previous Owner Okeefe Sally L $60,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $45,000 0.0% $51 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/29/2012 12/29/12 For Sale $45,000 -- $51 / 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 $1,822 $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: NWM433039

Northwest Multiple Listing Service (NWMLS)

APN: 006729-006-003-00