$343,000
SOLD MAY 10, 2023

7812 196th St SW Unit B4 Edmonds, WA 98026

East Edmonds Neighborhood
2 Beds
1.5 Baths
1,098 Sq Ft
$375/mo HOA Fee

Recently Sold

$312 Per Sq Ft

1% Above List Price

Highlights

  • Balcony
  • Patio
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • Baseboard Heating

About This Home

As of November 2023

HOT Investor special -Don't miss out on this opportunity to make this 2bdr/1.5 bathroom home shine again. This home is waiting for someone to bring it back to life and create a dream home or investment property. Private fenced backyard. Parking directly outside the home. Upper level has laundry and 2 large bedrooms. Minutes from Edmonds Bowl and Waterfront, Dining, Shopping, Trader Joes, and Edmonds Comm College. Convenient Location in a Pet & Rental Friendly Complex!

Last Agent to Sell the Property

Savannah Dahab

ONE Realty License #124137 Listed on: 04/07/2023

Co-Listed By

Greg Fredericksen

Integris Real Estate License #26052

Last Buyer's Agent

Savannah Dahab

ONE Realty License #124137 Listed on: 04/07/2023

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2053697

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1978

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 00683100200400

Community Details

Overview

  • Association fees include concierge, garbage, sewer, water
  • 32 Units
  • Villa Del Rey Condos
  • Edmonds Subdivision
  • Park Phone (206) 459-6505 | Manager Larry Hsu

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,311

Year Built

Built in 1978

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Inclusions: Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Villa Del Rey
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1098
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Stove/Range
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Balcony/Deck/Patio
  • Stories: 2
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Refrigerator,Stove/Range
  • StorageLocation: Behind Bookcase
  • NWM_NumberOfBathtubs: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 22,23

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Park Manager Name: Larry Hsu
  • Park Manager Phone: 206-459-6505
  • Senior Community: No
  • Association Fee: 375
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium
  • CoOp: false

Fee Information

  • Association Fee Includes: Concierge, Garbage, Sewer, Water

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00683100200400
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: true

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2311

Multi Family

  • Number Of Units In Community: 32
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Nov 8, 2023
Sold by
Real Estate Of Mind Llc and 4133 Thornton Ave Llc
Bought by
Liu Kexi and Sheng Cindy Xing
Seller's Agent
Savannah Dahab
ONE Realty
Buyer's Agent
Nan Nan Liu
Keller Williams Eastside
List Price
$474,000
Sold Price
$435,000
Premium/Discount to List
-$39,000
-8.23%
Views
213
Current Estimated Value
$428,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,829
Avg. Annual Appreciation
-1.76%

Purchase Details

Listed on
Apr 7, 2023
Closed on
May 3, 2023
Sold by
Verochio Donald F
Bought by
Real Estate Of Mind Llc and 4133 Thornton Ave Llc
Seller's Agent
Savannah Dahab
ONE Realty
Buyer's Agent
Savannah Dahab
ONE Realty
List Price
$340,000
Sold Price
$343,000
Premium/Discount to List
$3,000
0.88%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.84%
Original Mortgage
$344,754
Interest Rate
6.32%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 23, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Verochio Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
7.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1995
Sold by
Braun James R and Braun Patti C
Bought by
Lokey Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,960
Interest Rate
9.28%
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 Type Sale Price Title Company
Warranty Deed $435,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed -- --
Warranty Deed $79,950 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $344,754 Construction
Previous Owner $67,400 FHA
Previous Owner $63,960 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Sold $435,000 -3.3% $396 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $450,000 -5.1% $410 / Sq Ft
08/21/2023 08/21/23 For Sale $474,000 +38.2% $432 / Sq Ft
05/10/2023 05/10/23 Sold $343,000 +0.9% $312 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $340,000 -- $310 / 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 $2,110 $439,500 $70,500 $369,000
2024 $2,110 $298,000 $68,500 $229,500
2023 $2,322 $340,000 $64,000 $276,000
2022 $2,311 $278,500 $54,000 $224,500
2020 $2,457 $264,000 $48,500 $215,500
2019 $2,198 $238,000 $46,000 $192,000
2018 $2,084 $195,000 $33,000 $162,000
2017 $1,562 $153,000 $32,000 $121,000
2016 $1,395 $135,500 $38,500 $97,000
2015 $1,334 $122,000 $37,000 $85,000
2013 $1,130 $97,500 $30,500 $67,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2053697

Northwest Multiple Listing Service (NWMLS)

APN: 006831-002-004-00