$285,000
SOLD DEC 1, 2020

7631 218th St SW Unit 22 Edmonds, WA 98026

Chase Lake Neighborhood
2 Beds
2 Baths
969 Sq Ft
1.16 Acres

Recently Sold

$294 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Wood Siding
  • Edmonds Woodway High School Rated A-
  • Vinyl Flooring

About This Home

As of December 2020

Welcome to West Isles and a large 2 Bed 1 1/2 bath two level townhome in awesome Edmonds near hospitals and schools, waterfront and ferry 2 miles west and EZ 99 and I5 access. Professionally managed 25 unit complex with low HOA and no rent cap. All new double pane low E window package on order. Great location and great price !

Last Agent to Sell the Property

Paul Kogelmann

Real Property Associates License #42166 Listed on: 10/22/2020

Last Buyer's Agent

Joshua White

Horizon Real Estate License #131358

Horizon Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1681213

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1968

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vinyl Flooring

Parking

  • Uncovered Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 00816700502200

Community Details

Overview

  • 25 Units
  • Edmonds Community

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,328

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 32 - Townhouse
  • Architecture: Townhouse
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Vinyl
  • Appliance Hookups: Cooking-Electric, Dryer-Electric, Washer
  • Bedrooms: 2.00
  • Bathrooms: 1.50
  • Total Full Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bedroom: Upper
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 969

Exterior Features

  • Exterior: Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 1
  • Parking Type: Off Street, Uncovered
  • Parking Space Number: 22

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • Numberof Units in Building: 25
  • Numberof Units In Complex: 25
  • HOA Fees: 255
  • Community Name: Edmonds
  • Project: West Isles
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Pacific NW Property (425) 771-4100
  • Common Property Features: Outside Entry
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance, Lawn Service
  • Unit Features: Balcony/Deck/Patio, Ground Floor

Schools

  • School District: ED

Lot Info

  • Lot Details: Paved Street
  • Parcel Number: 00816700502200

Tax Info

  • Tax Amount: 2448

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 23, 2020
Sold by
Kispert Kennedy P and Kispert Casey C
Bought by
Lee Stella
Seller's Agent
Paul Kogelmann
Real Property Associates
Buyer's Agent
Joshua White
Horizon Real Estate
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
Current Estimated Value
$398,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,954
Avg. Annual Appreciation
6.85%
Original Mortgage
$242,250
Outstanding Balance
$219,948
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,424

Purchase Details

Closed on
Jul 23, 2020
Sold by
Kayser Kennedy and Kispert Casey
Bought by
Kispert Kennedy P and Kispert Casey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 17, 2015
Sold by
Mcpherson Carol
Bought by
Kayser Kennedy and Kispert Casey
Seller's Agent
Jim Hopper
Windermere RE North, Inc.
Buyer's Agent
Scott Crouch
Kelly Right RE of Seattle LLC
List Price
$162,750
Sold Price
$175,400
Premium/Discount to List
$12,650
7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$166,630
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 1993
Sold by
Alyson Manor Associates
Bought by
Mcpherson Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,600
Interest Rate
6.88%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $285,000 Old Republic Title Ltd
Interfamily Deed Transfer -- Servicelink
Warranty Deed $175,400 Chicago Title
Warranty Deed $89,500 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $242,250 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $166,630 New Conventional
Previous Owner $122,507 FHA
Previous Owner $88,900 Fannie Mae Freddie Mac
Previous Owner $31,900 Credit Line Revolving
Previous Owner $71,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $285,000 +2.2% $294 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $279,000 +59.1% $288 / Sq Ft
11/20/2015 11/20/15 Sold $175,400 +7.8% $181 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $162,750 -- $168 / 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 $2,328 $355,000 $68,000 $287,000
2024 $2,328 $329,000 $60,000 $269,000
2023 $2,104 $308,000 $55,000 $253,000
2022 $2,307 $278,000 $47,000 $231,000
2020 $2,448 $263,000 $54,000 $209,000
2019 $2,032 $220,000 $49,500 $170,500
2018 $1,924 $180,000 $44,500 $135,500
2017 $1,735 $170,000 $41,500 $128,500
2016 $1,441 $140,000 $40,500 $99,500
2015 $1,334 $122,000 $38,500 $83,500
2013 $1,251 $108,000 $38,500 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1681213

Northwest Multiple Listing Service (NWMLS)

APN: 008167-005-022-00