NOT LISTED FOR SALE

7315 224th St SW Unit B3 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $327,103 - $339,000

2 Beds
1 Bath
847 Sq Ft
3.09 Acres

Last Sold August 12, 2019

Last sale price $230,777 $272 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,023/month

7 Days on Market

Highlights

  • Territorial View
  • Dogs and Cats Allowed
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • Wood Siding

About This Home

As of August 2019

This lovely 2 bed ground floor unit is located within minutes of everything in Edmonds! Enjoy sun drenched afternoons on your patio while barbecuing in a private setting. The condo offers an updated open concept living/din/kitch, & newer flooring and paint. Excellent storage with a huge walk in closet in the master & patio storage unit. Parking space right in front of unit! This community boasts of pool, laundry room, & dog play area next to the trail. Pets welcome w/restrictions. NO RENTAL CAP.

Last Listed By

Kezia Harvey

KW Greater Seattle License #120986 Listed on: 07/23/2019

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1494359

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1977

Lot Details

  • Street terminates at a dead end

Parking

  • Uncovered Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Listing and Financial Details

  • Assessor Parcel Number 00672900200300

Community Details

Overview

  • 144 Units
  • Edmonds Community

Pet Policy

  • Dogs and Cats Allowed

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: 1
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • 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: On Patio
  • Estimated Sq Ft: 847

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 16

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Closet-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 144
  • Numberof Units In Complex: 8
  • HOA Fees: 338
  • Community Name: Edmonds
  • Project: Mill Park
  • Cats And Dogs: Cats Only, Dogs Only
  • Manager Contact Information: Acer NW (425) 771-5756
  • Association Contact: Amanda Lee
  • Common Property Features: Cable Tv, Club House, High Speed Int Avail, Laundry Room, Pool-Outdoor, Trails
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Insulated Windows, 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: Curbs, Dead End Street, Sidewalk
  • Parcel Number: 00672900200300

Tax Info

  • Tax Amount: 1724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 9, 2019
Sold by
Suhara Tomiko A and Suhara Tomiko
Bought by
Otti Jesse Chike
Seller's Agent
Kezia Harvey
KW Greater Seattle
Buyer's Agent
Lucie LaMaine
Kelly Right RE of Seattle LLC
List Price
$209,777
Sold Price
$230,777
Premium/Discount to List
$21,000
10.01%
Total Days on Market
7
Current Estimated Value
$331,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,249
Avg. Annual Appreciation
6.66%
Original Mortgage
$197,777
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2016
Closed on
Nov 18, 2016
Sold by
Richmond Andrea and Richmond Jeffery
Bought by
Suhara Tomiko
Seller's Agent
Christina Richmond
John L. Scott Mukilteo
Buyer's Agent
Charles Harvey Jr.
KW Greater Seattle
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Original Mortgage
$130,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 4, 2016
Closed on
Nov 14, 2016
Sold by
Richmond Andrea and Richmond Jeffery
Bought by
Suhara Tomiko
Seller's Agent
Christina Richmond
John L. Scott Mukilteo
Buyer's Agent
Charles Harvey Jr.
KW Greater Seattle
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2008
Sold by
Tevis Mary C
Bought by
Richmond Andrea and Richmond Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1997
Sold by
Hud
Bought by
Tevis Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,800
Interest Rate
8%

Purchase Details

Closed on
Jun 6, 1997
Sold by
Cook Kenda L
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,450
Interest Rate
8.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 1997
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 15, 1993
Sold by
Higgins Lawrence D and Higgins Raelene M
Bought by
Cook Kenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,450
Interest Rate
7.2%
Mortgage Type
FHA

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
Otti Jesse Chike $230,777 Fidelity National Title
Suhara Tomiko $145,000 Rainier Title Llc
Richmond Andrea $159,950 Rainier Title
Tevis Mary C -- --
Fleet Mtg Corp $66,863 Chicago Title Ins Co
Hud -- --
Cook Kenda L $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otti Jesse Chike $193,220
Closed Otti Jesse Chike $197,777
Previous Owner Suhara Tomiko A $135,000
Previous Owner Suhara Tomiko $130,500
Previous Owner Richmond Andrea $159,950
Previous Owner Tevis Mary C $128,000
Previous Owner Tevis Mary C $77,500
Previous Owner Tevis Mary C $42,800
Previous Owner Fleet Mtg Corp $60,450
Previous Owner Cook Kenda L $60,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2019 08/12/19 Sold $230,777 +10.0% $272 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $209,777 +44.7% $248 / Sq Ft
11/23/2016 11/23/16 Sold $145,000 +3.6% $171 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $139,999 -9.1% $165 / Sq Ft
09/28/2016 09/28/16 Price Changed $153,999 -3.1% $182 / Sq Ft
09/23/2016 09/23/16 For Sale $159,000 0.0% $188 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
08/23/2016 08/23/16 Price Changed $159,000 -11.7% $188 / Sq Ft
08/04/2016 08/04/16 For Sale $179,999 -- $213 / 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: NWM1494359

Northwest Multiple Listing Service (NWMLS)

APN: 006729-002-003-00