NOT LISTED FOR SALE

7315 224th St SW Unit B5 Edmonds, WA 98026

Lake Ballinger Neighborhood

Estimated Value: $295,145 - $325,000

2 Beds
1 Bath
847 Sq Ft
3.09 Acres

Last Sold November 24, 2020

Last sale price $239,500 $283 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,801/month

Highlights

  • Territorial View
  • 1 Fireplace
  • Wood Siding
  • Edmonds Woodway High School Rated A-
  • Dogs and Cats Allowed
  • Vinyl Flooring

About This Home

As of November 2020

Nicely updated ground floor home in peaceful, secluded & well-managed complex with large yard area off private patio. Laminate wood flooring in most of home; vinyl windows; large bdrms, master w/ walk-in closet. Open kitchen to dining & living rms. Assigned parking space + good guest pkg are closeby. In-unit laundry; all appliances included. Easy & quick access to bus lines, business centers & services. Pet friendly & No rental cap; 92% owner occupied. Peaceful grounds; Great value & opportunity

Last Agent to Sell the Property

Paul Isenburg

Windermere Real Estate/East License #9985 Listed on: 10/16/2020

Windermere Real Estate/East

Last Buyer's Agent

Sarah-Cate Davis

Lake & Company License #130156

Lake & Company

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1678602

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

  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Listing and Financial Details

  • Assessor Parcel Number 00672900200500

Community Details

Overview

  • 4 Units
  • Esperance Community

Pet Policy

  • Pet Restriction
  • 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, Vinyl
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Master Bedroom: Main
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: patio
  • Estimated Sq Ft: 847
  • Window Coverings: screens, blinds, curtains

Exterior Features

  • Construction Methods: Standard Frame
  • Exterior: Wood
  • Roof: Composition, Torch Down
  • View: Territorial

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Uncovered
  • Parking Space Number: 12

Utilities

  • Heating And Cooling: Baseboard, Wall
  • Water Heater: kitchen pantry-electric

Condo/Co-op/Association

  • Numberof Units in Building: 4
  • Numberof Units In Complex: 144
  • HOA Fees: 356
  • Community Name: Esperance
  • Project: Mill Park
  • Cats And Dogs: Cats Only, Dogs Only, Subj To Restrictions
  • Manager Contact Information: MacPherson Property Mgr (425) 747-5900
  • Association Contact: Tony ext 142
  • Common Property Features: Outside Entry, Pool-Outdoor
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor, Insulated Windows, Walk-In Closet

Schools

  • Elementary School: Westgate ElemWg
  • Middle School: College Pl Mid
  • High School: Edmonds Woodway High
  • School District: ED

Lot Info

  • Lot Details: Curbs, Paved Street, Sidewalk
  • Parcel Number: 00672900200500

Tax Info

  • Tax Amount: 1845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 13, 2020
Sold by
Kihiman Robert
Bought by
Matulac Michelle
Seller's Agent
Paul Isenburg
Windermere Real Estate/East
Buyer's Agent
Sarah-Cate Davis
Lake & Company
List Price
$239,500
Sold Price
$239,500
Current Estimated Value
$307,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,036
Avg. Annual Appreciation
5.26%
Original Mortgage
$232,315
Outstanding Balance
$206,727
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$100,809

Purchase Details

Closed on
May 3, 2012
Sold by
Mcginn Shawn D
Bought by
Kihlman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,590
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Johanson Byrd Simone and Byrd Eric
Bought by
Mcginn Shawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 1998
Sold by
Sloan Judith A
Bought by
Byrd Eric and Johanson Byrd Simone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,750
Interest Rate
7.06%
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
Matulac Michelle $239,500 Cw Title
Kihlman Robert $62,780 First American Title Ins Co
Mcginn Shawn D $140,000 Stewart
Byrd Eric $77,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matulac Michelle $232,315
Previous Owner Kihlman Robert $63,590
Previous Owner Mcginn Shawn D $28,000
Previous Owner Mcginn Shawn D $112,000
Previous Owner Byrd Eric $57,750
Closed Byrd Eric $19,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $239,500 0.0% $283 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $239,500 -- $283 / 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 $305,500 $99,500 $206,000
2024 $2,040 $288,000 $97,000 $191,000
2023 $1,877 $274,500 $91,000 $183,500
2022 $1,972 $237,500 $77,000 $160,500
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: NWM1678602

Northwest Multiple Listing Service (NWMLS)

APN: 006729-002-005-00