NOT LISTED FOR SALE

8507 Bowdoin Way Unit 2 Edmonds, WA 98026

Chase Lake Neighborhood

Estimated Value: $721,000 - $759,968

3 Beds
2.5 Baths
1,720 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $740,000 $430 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,022/month

6 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Balcony
  • Edmonds Woodway High School Rated A-
  • Ground Level Unit
  • Cul-De-Sac

About This Home

As of June 2023

Welcome to Magnolia Lane, a quiet community of townhomes located at desirable 5 Corners. 3 bed/2.25 bath townhome lives more like a single-family home. Built by the acclaimed Goodnight Brothers, offering impressive quality, spacious great room floor plan, high ceilings, premium Brazilian cherry hardwoods, custom cherry cabinetry, tranquil patio space & large ensuite primary bedroom with walk-in-closet. Exterior & Interior newly painted. In addition to the attached 2 car garage, you'll love the amount of storage throughout the unit. Well maintained HOA. Near restaurants, shopping, parks and just minutes to charming downtown Edmonds.

Last Listed By

Arlene Nornes

Windermere Real Estate GH LLC License #79797 Listed on: 06/15/2023

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2126243

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 2005

Lot Details

  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,720 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit
  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating System
  • Water Heater
  • High Speed Internet

Listing and Financial Details

  • Down Payment Assistance Available
  • Assessor Parcel Number 01041900000200

Community Details

Overview

  • Association fees include common area maintenance, garbage, sewer, water
  • 7 Units
  • Tony Warren Association
  • Secondary HOA Phone (425) 582-2312
  • Magnolia Lane Condos
  • 5 Corners Subdivision
  • Park Phone (425) 582-2312 | Manager Tony Warren

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,022

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,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Magnolia Lane
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1720
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Alarm System,Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 674

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Ice Maker, Washer, Fireplace, 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
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,Stove/Range,Washer
  • StorageLocation: Garage
  • WindowCoverings: Blinds
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Townhouse
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Interior Closet
  • WaterHeaterType: Gas

Condo/Co-op/Association

  • Community Features: High Speed Int Avail, Outside Entry
  • Park Manager Name: Tony Warren
  • Park Manager Phone: 425-582-2312
  • Senior Community: No
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Phone: 425-582-2312
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Tony Warren
  • CoOp: false
  • CommonPropertyFeatures: High Speed Int Avail,Outside Entry

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Sewer, Water

Schools

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

Lot Info

  • Parcel Number: 01041900000200
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: County Records

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4022
  • AdditionalTaxIds: 01041900000200

Multi Family

  • Number Of Units In Community: 7
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 4

MLS Schools

  • Elementary School: Chase Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Jun 27, 2023
Sold by
Greene Jacob William and Rima Khachatourla
Bought by
John R Harvey And Pamela M Harvey Trust and Harvey
Seller's Agent
Arlene Nornes
Windermere Real Estate GH LLC
Buyer's Agent
Lynn Kern
Windermere Real Estate GH LLC
List Price
$740,000
Sold Price
$740,000
Total Days on Market
6
Views
46
Current Estimated Value
$746,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,492
Avg. Annual Appreciation
-1.17%

Purchase Details

Closed on
Jul 27, 2016
Sold by
Greene Kirk P
Bought by
Greene Jacob William and Greene Rima Khachatourian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2015
Sold by
Greene Maureen E
Bought by
Greene Kirk P

Purchase Details

Listed on
Apr 25, 2014
Closed on
May 13, 2014
Sold by
Carpenter Lynn B and Myers Troy
Bought by
Greene Kirk P and Greene Maureen
Seller's Agent
Lynn Kern
Windermere Real Estate GH LLC
Buyer's Agent
Lynn Kern
Windermere Real Estate GH LLC
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
May 18, 2006
Sold by
Goodnight Brian K and Goodnight Bruce C
Bought by
Carpenter Lynn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.27%
Mortgage Type
Fannie Mae Freddie Mac

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
John R Harvey And Pamela M Harvey Trust $740,000 Stewart Title
Greene Jacob William $420,000 Cw Title
Greene Kirk P -- None Available
Greene Kirk P $395,000 None Available
Carpenter Lynn B $332,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Jacob William $336,000
Previous Owner Carpenter Lynn B $200,000
Previous Owner Carpenter Lynn B $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $740,000 0.0% $430 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $740,000 +87.3% $430 / Sq Ft
05/16/2014 05/16/14 Sold $395,000 -1.2% $239 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $399,900 -- $241 / 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 $5,210 $725,000 $109,000 $616,000
2024 $5,210 $738,000 $98,000 $640,000
2023 $4,022 $590,000 $86,000 $504,000
2022 $4,681 $565,000 $70,000 $495,000
2020 $4,767 $513,000 $70,000 $443,000
2019 $4,342 $471,000 $61,000 $410,000
2018 $4,652 $436,000 $55,000 $381,000
2017 $4,034 $396,000 $51,000 $345,000
2016 $3,452 $336,000 $50,000 $286,000
2015 -- $292,000 $47,500 $244,500
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: 2126243

Northwest Multiple Listing Service (NWMLS)

APN: 010419-000-002-00