NOT LISTED FOR SALE

8507 Bowdoin Way Unit 1 Edmonds, WA 98026

Chase Lake Neighborhood

Estimated Value: $693,000 - $746,000

3 Beds
2.5 Baths
1,663 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $764,000 $459 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,880/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • End Unit
  • Edmonds Woodway High School Rated A-
  • 1 Fireplace
  • Corner Lot

About This Home

As of May 2022

Beautiful and spacious townhome located just above the Edmonds Bowl. Features include high ceilings, formal dining, Brazilian Cherry hardwood floors, custom cabinets, granite countertops, S/S appliances, a gas fireplace with a great open floor plan that flows nicely out to a private patio and garden space. All three bedrooms and guest bath are upstairs including a primary, ensuite bath w/walk-in closet. Conveniently located in the 5 Corners neighborhood, near great restaurants, shopping, Yost Park and Pool, Edmonds Community College and Downtown Edmonds.

Last Listed By

Steve Koon

Windermere R.E. Shoreline License #23921 Listed on: 04/14/2022

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1914436

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 2005

Lot Details

  • End Unit
  • Street terminates at a dead end
  • South Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

  • Chase Lake Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Additional Features

  • Ground Level Unit
  • Water Heater

Community Details

  • Association fees include garbage, water
  • Magnolia Lane Condos
  • 5 Corners Subdivision
  • Park Phone (425) 582-2312 | Manager Tony Warren

Listing and Financial Details

  • Assessor Parcel Number 01041900000100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,573

Year Built

Built in 2005

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 32 - Townhouse
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Magnolia Lane
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1663
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,092

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Washer, Water Heater
  • Stories: 2
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • FireplacesMain: 1
  • 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: 1
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Townhouse

Garage/Parking

  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Individual Garage
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Washer Hookup
  • Utilities: Natural Gas Connected, Garbage
  • HeatingCoolingType: Forced Air
  • ApplianceHookups: Cooking-Gas,Washer
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: Outside Entry
  • Park Manager Name: Tony Warren
  • Park Manager Phone: 425-582-2312
  • Senior Community: No
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: See Remarks
  • CommonPropertyFeatures: Outside Entry

Fee Information

  • Association Fee Includes: Garbage, Water

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 01041900000100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4573

Multi Family

  • EnergySource: Natural Gas

MLS Schools

  • Elementary School: Chase Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 3, 2022
Sold by
Blair Bernson
Bought by
Healer Margaret I and Healer Diane M
Seller's Agent
Steve Koon
Windermere R.E. Shoreline
Buyer's Agent
Sarah Rudinoff
Windermere R E Mount Baker
List Price
$709,500
Sold Price
$764,000
Premium/Discount to List
$54,500
7.68%
Total Days on Market
7
Current Estimated Value
$721,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,703
Avg. Annual Appreciation
-1.91%
Original Mortgage
$382,000
Outstanding Balance
$363,751
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$357,546

Purchase Details

Listed on
Jun 20, 2015
Closed on
Aug 25, 2015
Sold by
Burgoyne Brian
Bought by
Bernson Blair
Seller's Agent
John Reich
Windermere Real Estate GH LLC
Buyer's Agent
Steve Koon
Windermere R.E. Shoreline
List Price
$407,500
Sold Price
$400,000
Premium/Discount to List
-$7,500
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$318,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2009
Sold by
Burgoyne Brian T
Bought by
Burgoyne Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,278
Interest Rate
4.8%
Mortgage Type
FHA

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
Healer Margaret I -- None Listed On Document
Bernson Blair $400,000 First American Title Ins Co
Burgoyne Brian $56,179 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Healer Margaret I $382,000
Previous Owner Bernson Blair $315,000
Previous Owner Bernson Blair $318,400
Previous Owner Burgoyne Brian $364,452
Previous Owner Burgoyne Brian $388,278
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $764,000 +7.7% $459 / Sq Ft
04/21/2022 04/21/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $709,500 +77.4% $427 / Sq Ft
09/25/2015 09/25/15 Sold $400,000 -1.8% $241 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $407,500 0.0% $245 / Sq Ft
06/28/2015 06/28/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $407,500 -- $245 / 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 $5,189 $725,000 $109,000 $616,000
2024 $5,189 $735,000 $98,000 $637,000
2023 $3,933 $577,000 $86,000 $491,000
2022 $4,573 $552,000 $70,000 $482,000
2020 $4,720 $508,000 $70,000 $438,000
2019 $4,259 $462,000 $61,000 $401,000
2018 $4,481 $420,000 $55,000 $365,000
2017 $3,891 $382,000 $51,000 $331,000
2016 $3,339 $325,000 $50,000 $275,000
2015 $3,088 $283,000 $47,500 $235,500
2013 $2,947 $255,000 $47,500 $207,500
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1914436

Northwest Multiple Listing Service (NWMLS)

APN: 010419-000-001-00