Listed by Windermere RE North, Inc., Bought with Lake & Company
NOT LISTED FOR SALE

7305 224th St SW Unit F5 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $287,077 - $367,000

2 Beds
1 Bath
847 Sq Ft
3.09 Acres

Last Sold January 18, 2019

Last sale price $210,000 $248 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,807/month

19 Days on Market

Highlights

  • Territorial View
  • Bamboo Flooring
  • Wood Siding
  • Edmonds-Woodway High School Rated A-

About This Home

As of January 2019

Nicely updated ground floor unit w/an abundance of light & an open floor plan. Close to Hwy 99 and I-5, shopping, parks, Lake Ballinger and to top it off, the Interurban Trail is just steps away. Recessed lights w/dimmer switches, ceiling fans, walk-in-closet and laundry hookup in unit. The kitchen features stainless steel appliances. Very private outdoor area w/large patio & extra storage closet. Plenty of guest parking. Heated outdoor seasonal pool. Hard to beat an affordable updated condo!

Last Agent to Sell the Property

Alexandra Davis

Windermere RE North, Inc. License #129910 Listed on: 12/07/2018

Windermere RE North, Inc.

Last Buyer's Agent

Alex Fotouhi

Lake & Company License #23037255

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1392580

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

Lot Details

  • 3.09

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • Blinds
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Wall to Wall Carpet

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 00672900600500

Community Details

Overview

  • 12 Units
  • Edmonds Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

Listing Details

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

Interior Features

  • Floor Covering: Bamboo/Cork, Wall To Wall Carpet
  • Appliance Hookups: Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: On Patio
  • Estimated Sq Ft: 847
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Wood, Wood Products
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 61

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet in Kitchen

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • Numberof Units In Complex: 144
  • HOA Fees: 339
  • Community Name: Edmonds
  • Project: Mill Park II
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Robert Elder (425) 478-0095
  • Association Contact: Amanda Lee (425) 117-5756
  • Common Property Features: Laundry Room, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, French Doors, Ground Floor, Insulated Windows, Walk-In Closet

Schools

  • School District: ED

Lot Info

  • Lot Sq Ft: 134468
  • Parcel Number: 00672900600500

Tax Info

  • Tax Amount: 1572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 10, 2019
Sold by
Bauer Amelia R
Bought by
Trefilov Aleksej and Wu Jian
Seller's Agent
Alexandra Davis
Windermere RE North, Inc.
Buyer's Agent
Alex Fotouhi
Lake & Company
List Price
$214,900
Sold Price
$210,000
Premium/Discount to List
-$4,900
-2.28%
Current Estimated Value
$310,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,769
Avg. Annual Appreciation
5.82%
Original Mortgage
$157,500
Outstanding Balance
$138,754
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$172,015

Purchase Details

Closed on
Jun 18, 2008
Sold by
Fridenmaker Paul J
Bought by
Bauer Amelia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,513
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 10, 2003
Sold by
Maynard Mark E and Maynard Chongae
Bought by
Fridenmaker Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,080
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1994
Sold by
Maynard Mark E
Bought by
Maynard Mark E and Maynard Chongae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
7.84%
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
Trefilov Aleksej $210,000 Cw Title
Bauer Amelia R $159,000 First American Title Ins Co
Fridenmaker Paul J $100,600 Old Republic Title Ltd
Maynard Mark E -- Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trefilov Aleksej $157,500
Previous Owner Bauer Amelia R $156,513
Previous Owner Fridenmaker Paul J $82,080
Previous Owner Maynard Mark E $49,000
Closed Fridenmaker Paul J $20,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $210,000 -2.3% $248 / Sq Ft
12/26/2018 12/26/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $214,900 -- $254 / 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 $2,085 $305,500 $99,500 $206,000
2024 $2,085 $294,500 $97,000 $197,500
2023 $1,863 $272,500 $91,000 $181,500
2022 $1,960 $236,000 $77,000 $159,000
2020 $1,910 $205,000 $69,000 $136,000
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: NWM1392580

Northwest Multiple Listing Service (NWMLS)

APN: 006729-006-005-00