NOT LISTED FOR SALE

7311 224th St SW Unit C1 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $235,000 - $267,000

1 Bed
1 Bath
627 Sq Ft
3.09 Acres

Last Sold March 07, 2017

Last sale price $105,000 $167 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,399/month

3 Days on Market

Highlights

  • Dogs and Cats Allowed
  • Edmonds Woodway High School Rated A-
  • Wood Siding

About This Home

As of March 2017

Why pay rent? Charming one bedroom main floor unit perfect for the first time buyer. Large bedroom, updated bath and kitchen featuring some newer appliances + private patio with storage off dining room. Complex offers outdoor pool, laundry facilities, reserved parking spot plus guest parking. Close to Interurban Trail, Edmonds CC, plus shopping directly across the street. Easy access to Hwy 99 and many bus routes. No rental CAP. No assessments. Tenant M/M.

Last Agent to Sell the Property

Sharon Pierce

Windermere R.E. Shoreline License #26240 Listed on: 03/03/2017

Windermere R.E. Shoreline

Last Buyer's Agent

CJ Kang

The Preview Group License #10696

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1084436

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $148

Year Built

  • Built in 1977

Lot Details

  • 3.09

Parking

  • Off-Street Parking

Home Design

  • Built-Up Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Additional Features

  • 2-Story Property
  • Street terminates at a dead end

Listing and Financial Details

  • Assessor Parcel Number 00672900300100

Community Details

Overview

  • 12 Units
  • Edmonds Community

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$148

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

  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Off patio
  • Estimated Sq Ft: 627

Exterior Features

  • Exterior: Wood
  • Roof: Built-Up

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street
  • Parking Space Number: 35

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Bedroom closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 12
  • Numberof Units In Complex: 144
  • HOA Fees: 280
  • Community Name: Edmonds
  • Project: Mill Park Condomiums
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Robert Elder (425) 478-0095
  • Association Contact: Amanda Nee (425) 977-4061
  • Common Property Features: Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor

Schools

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

Lot Info

  • Lot Details: Dead End Street, Paved Street
  • Parcel Number: 00672900300100

Rental Info

  • Monthly Rentif Rented: 600

Tax Info

  • Tax Amount: 682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2017
Closed on
Mar 31, 2017
Sold by
Racelis Miguel P
Bought by
Choi Moon Sik and Choi Hyun Ok
Seller's Agent
Sharon Pierce
Windermere R.E. Shoreline
Buyer's Agent
CJ Kang
The Preview Group
List Price
$110,000
Sold Price
$105,000
Premium/Discount to List
-$5,000
-4.55%
Current Estimated Value
$253,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,328
Avg. Annual Appreciation
11.11%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Lavery Philip
Bought by
Racelis Miguel P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
7.45%
Mortgage Type
FHA
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
Choi Moon Sik $105,000 Chicago Title Company Of Wa
Racelis Miguel P $47,700 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Racelis Miguel P $77,000
Previous Owner Racelis Miguel P $12,000
Previous Owner Racelis Miguel P $47,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2017 03/07/17 Sold $105,000 -4.5% $167 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $110,000 -- $175 / 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 $148 $235,000 $99,500 $135,500
2024 $148 $232,500 $97,000 $135,500
2023 $143 $215,500 $91,000 $124,500
2022 $170 $167,000 $77,000 $90,000
2020 $186 $145,000 $69,000 $76,000
2019 $192 $114,000 $64,500 $49,500
2018 $1,061 $99,000 $47,500 $51,500
2017 $809 $79,000 $34,000 $45,000
2016 $682 $66,000 $34,000 $32,000
2015 $626 $57,000 $34,000 $23,000
2013 $605 $52,000 $38,500 $13,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1084436

Northwest Multiple Listing Service (NWMLS)

APN: 006729-003-001-00