NOT LISTED FOR SALE

8503 Bowdoin Way Unit 105 Edmonds, WA 98026

Chase Lake Neighborhood

Estimated Value: $343,000 - $357,000

1 Bed
1 Bath
616 Sq Ft
1,307 Sq Ft Lot

Last Sold September 02, 2021

Last sale price $302,500 $491 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,142/month

5 Days on Market

About This Home

As of September 2021

You don't want to miss this gorgeous, move-in-ready condo in a secured building! This unit comes with 2 parking spots- one in a garage and 1 uncovered in the back of the complex! Luxury finishes and oversized covered deck make this unit an absolute dream! Unit 105 features an open floor plan, hardwoods, heated bathroom floors, stainless appliances, granite, and lots of kitchen upgrades. W/D condo in unit. Perfectly located just moments to Downtown Edmonds, freeway, and close to shopping and amenities. Summit Place is a well run HOA, beautiful complex that is kept up nicely, and has a common room for larger parties.

Last Agent to Sell the Property

Ginna Demme

Windermere RE North, Inc. License #122984 Listed on: 07/29/2021

Windermere RE North, Inc.

Last Buyer's Agent

Julie Lutovsky

Redfin License #116144

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1815948

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 1977

Lot Details

  • 1,307

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 2-Story Property
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 00672300010500

Community Details

Overview

  • 13 Units
  • 5 Corners Community

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,371

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: Ceramic Tile, Hardwood, Wall To Wall Carpet
  • Remodeled: Y
  • Remodeled Updated: Y
  • Appliance Hookups: Cooking-Electric, Washer
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1.00
  • Main Floor Bedrooms: 1
  • Bathrooms: 0.75
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Storage: Storage Room
  • Storage Number: 6
  • Estimated Sq Ft: 616
  • Window Coverings: Blinds

Exterior Features

  • Exterior: Stucco
  • Roof: Flat

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Common Garage, Uncovered
  • Parking Space Number: 2

Utilities

  • Heating And Cooling: Wall
  • Water Heater: Common Utility Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 13
  • Numberof Units In Complex: 13
  • HOA Fees: 364
  • Community Name: 5 Corners
  • Project: Summit Place
  • Cats And Dogs: Subj To Restrictions
  • Manager Contact Information: Nash Property Management (206) 407-3003
  • Association Contact: Summit Place
  • Common Property Features: Game/Rec Rm, High Speed Int Avail, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Insulated Windows

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, Sidewalk
  • Parcel Number: 00672300010500

Tax Info

  • Tax Amount: 2224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 26, 2021
Sold by
Mccarthy Steven J and The Steven J Mccarthy Trust
Bought by
Lee Kai
Seller's Agent
Ginna Demme
Windermere RE North, Inc.
Buyer's Agent
Julie Lutovsky
Redfin
List Price
$300,000
Sold Price
$302,500
Premium/Discount to List
$2,500
0.83%
Current Estimated Value
$349,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,529
Avg. Annual Appreciation
4.79%
Original Mortgage
$226,875
Outstanding Balance
$209,746
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$151,559

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 23, 2021
Sold by
Yu Juliet
Bought by
Lee Kai
Seller's Agent
Ginna Demme
Windermere RE North, Inc.
Buyer's Agent
Julie Lutovsky
Redfin
List Price
$300,000
Sold Price
$302,500
Premium/Discount to List
$2,500
0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,875
Outstanding Balance
$209,746
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$151,559

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 1, 2018
Sold by
Henricks James J
Bought by
Mccarthy Steven J and Steven J Mccarthy Trust
Seller's Agent
Kristine Hovde
Windermere RE North, Inc.
Buyer's Agent
Ginna Demme
Windermere RE North, Inc.
List Price
$249,000
Sold Price
$275,000
Premium/Discount to List
$26,000
10.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%

Purchase Details

Closed on
Oct 4, 2007
Sold by
Axzure Investments Inc
Bought by
Henricks Catherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,500
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2006
Sold by
Bjp Summerset Llc
Bought by
Axzure Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
6.57%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Lee Kai $302,500 Cw Title
Lee Kai -- Cw Title
Mccarthy Steven J $275,000 Cw Title And Escrow
Henricks Catherine H $214,950 Ortc
Axzure Investments Inc $1,323,240 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Kai $226,875
Previous Owner Henricks Catherine H $62,000
Previous Owner Henricks Catherine H $59,500
Previous Owner Axzure Investments Inc $1,545,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $302,500 +0.8% $491 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $300,000 +9.1% $487 / Sq Ft
03/07/2018 03/07/18 Sold $275,000 +10.4% $446 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $249,000 -- $404 / 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 $2,371 $335,000 $58,000 $277,000
2024 $2,371 $335,000 $52,000 $283,000
2023 $2,050 $300,000 $46,000 $254,000
2022 $2,282 $275,000 $38,000 $237,000
2020 $2,401 $258,000 $37,000 $221,000
2019 $1,986 $215,000 $34,000 $181,000
2018 $2,063 $193,000 $30,500 $162,500
2017 $1,714 $168,000 $28,500 $139,500
2016 $1,575 $153,000 $27,500 $125,500
2015 $1,454 $133,000 $26,000 $107,000
2013 $1,378 $119,000 $26,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1815948

Northwest Multiple Listing Service (NWMLS)

APN: 006723-000-105-00