NOT LISTED FOR SALE

7315 224th St SW Unit B4 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $295,000 - $319,000

2 Beds
1 Bath
880 Sq Ft
3.09 Acres

Last Sold August 09, 2021

Last sale price $270,000 $307 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,789/month

Highlights

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

About This Home

As of August 2021

Welcome to the lovely community of Mill Park! Seconds away from the Interurban Trail, and Ranch 99 Market. Enjoy your own private oasis on the porch while sipping your morning drink – quiet, and private. Top floor unit with washer and dryer included. Freshly painted throughout. The perfect amount of space in the living room with an open concept nook kitchen. Tons of storage inside and on patio. Well run HOA. Amenities include lovely outdoor pool! Incredibly close to Mountlake Terrace, Lynnwood, and Downtown Edmonds - get the best of both worlds! Shopping, dining, all right within your reach. Enjoy life to the fullest here at Mill Park!

Last Agent to Sell the Property

Melissa Huddleston

Windermere RE North, Inc. License #112508 Listed on: 06/17/2021

Windermere RE North, Inc.

Last Buyer's Agent

Leneya Ludwick

Berkshire Hathaway HS SP License #126379

Berkshire Hathaway HS SP

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1787703

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1977

Lot Details

  • 3.09

Parking

  • Uncovered Parking

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 00672900200400

Community Details

Overview

  • Edmonds Community

Pet Policy

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

Interior Features

  • Appliances That Stay: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Storage: Deck
  • Estimated Sq Ft: 880

Exterior Features

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

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 15

Utilities

  • Heating And Cooling: Baseboard
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fees: 355
  • Community Name: Edmonds
  • Project: Mill Park
  • Cats And Dogs: No Restrictions
  • Manager Contact Information: Tuesday Kelly (425) 747-5900
  • Common Property Features: Outside Entry, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Road Maintenance, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Top Floor, 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: Paved Street
  • Parcel Number: 00672900200400

Tax Info

  • Tax Amount: 1845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 4, 2021
Sold by
Probst Gayle Elaine
Bought by
Ludwick Leneya Lee and Ludwick Gary Lee
Seller's Agent
Melissa Huddleston
Windermere RE North, Inc.
Buyer's Agent
Leneya Ludwick
Berkshire Hathaway HS SP
List Price
$269,950
Sold Price
$270,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$305,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,331
Avg. Annual Appreciation
2.99%
Original Mortgage
$180,000
Outstanding Balance
$163,920
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$141,411

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 22, 2020
Sold by
Schnall Bill
Bought by
Probst Gayle Elaine
Seller's Agent
Chad Ozog
Keller Williams Downtown Sea
Buyer's Agent
Melissa Huddleston
Windermere RE North, Inc.
List Price
$244,900
Sold Price
$245,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$183,750
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Schnall Janet S
Bought by
Schnall Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Pakko Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 10, 2006
Sold by
Kellar Joseph and Kellar Trisha J
Bought by
Pakko Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,600
Interest Rate
5.96%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 2, 2001
Sold by
Nelsen Herman and Nelsen Sandra
Bought by
Carroll Trisha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,500
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 1995
Sold by
Shepard Katherine A
Bought by
Nelsen Herman and Nelsen Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.67%
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
Ludwick Leneya Lee $270,000 Wfg Natl Ttl Co Of Wa Llc
Probst Gayle Elaine $245,000 First American Title
Schnall Bill -- Stewart Title Company
Schnall Bill -- Stewart Title Company
Federal National Mortgage Association $151,241 None Available
Pakko Joseph $143,000 Pnwt
Carroll Trisha J $98,500 --
Nelsen Herman $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwick Leneya Lee $180,000
Previous Owner Probst Gayle Elaine $183,750
Previous Owner Schnall Bill $63,450
Previous Owner Pakko Joseph $28,600
Previous Owner Pakko Joseph $114,400
Previous Owner Carroll Trisha J $95,500
Previous Owner Nelsen Herman $51,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2021 08/09/21 Sold $270,000 0.0% $307 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $269,950 +10.2% $307 / Sq Ft
05/27/2020 05/27/20 Sold $245,000 0.0% $278 / Sq Ft View Prior Sale
05/01/2020 05/01/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $244,900 -- $278 / 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 $1,839 $269,000 $91,000 $178,000
2022 $1,927 $232,000 $77,000 $155,000
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: NWM1787703

Northwest Multiple Listing Service (NWMLS)

APN: 006729-002-004-00