NOT LISTED FOR SALE

8507 Bowdoin Way Unit 3 Edmonds, WA 98026

Chase Lake Neighborhood

Estimated Value: $680,000 - $787,000

3 Beds
2.5 Baths
1,644 Sq Ft
$450/mo HOA Fee

Last Sold May 25, 2022

Last sale price $749,000 $456 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,020/month

5 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Ground Level Unit
  • Edmonds Woodway High School Rated A-
  • 1 Fireplace
  • Balcony

About This Home

As of May 2022

Welcome to Magnolia Lane, a quiet community of townhomes located at desirable 5 Corners. Impeccably maintained, this 3 bed/2.25 bath townhome lives more like a single-family home. Built by the acclaimed Goodnight Brothers this home offers 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. 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 Agent to Sell the Property

Arlene Nornes

Windermere Real Estate GH LLC License #79797 Listed on: 05/05/2022

Windermere Real Estate GH LLC

Last Buyer's Agent

Debra Herman

Windermere Real Estate GH LLC License #49435

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1927482

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 2005

Lot Details

  • Street terminates at a dead end
  • 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

  • 1,644 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Insulated Windows

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

  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01041900000300

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

Property Details

Home Type

Condominium

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: 31 - Condo (2 Levels)
  • Year Built: 2005
  • Inclusions: Dishwasher,Dryer,GarbageDisposal,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Magnolia Lane
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1644
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • UnitFeatures: Balcony/Deck/Patio,Ground Floor,Insulated Windows,Primary Bath,Walk-in Closet
  • Special Features: None
  • Cumulative Days on Market: 1,123

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: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Gas, Dryer-Electric, Ice Maker, 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,Microwave,Refrigerator,Stove/Range,Washer
  • WindowCoverings: Wood Blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

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

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Natural Gas Connected, Common Area Maintenance, Garbage
  • HeatingCoolingType: Forced Air
  • ApplianceHookups: Cooking-Gas,Dryer-Electric,Ice Maker,Washer
  • WaterHeaterLocation: Main level closet
  • 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
  • Phone: 425-582-2312
  • Association: Yes
  • Pets Allowed: See Remarks, Subj to Restrictions
  • AssociationContactName: Tony Warren
  • CoOp: false
  • CommonPropertyFeatures: 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: 01041900000300
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Public Records

Green Features

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

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4573

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

Closed on
Feb 15, 2024
Sold by
Herman Douglas J
Bought by
Herman Debra W
Total Days on Market
5
Current Estimated Value
$740,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$34,479
Interest Rate
6.64%
Mortgage Type
Credit Line Revolving
Estimated Equity
$678,356

Purchase Details

Listed on
May 5, 2022
Closed on
May 18, 2022
Sold by
Mallett Gary M and Mallett Joanne M
Bought by
Herman Debra W
Seller's Agent
Arlene Nornes
Windermere Real Estate GH LLC
Buyer's Agent
Debra Herman
Windermere Real Estate GH LLC
List Price
$749,000
Sold Price
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.60%

Purchase Details

Closed on
Mar 21, 2006
Sold by
Goodnight Brian K and Goodnight Bruce C
Bought by
Mallett Gary and Mallett Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,950
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Herman Debra W -- Stewart Title
Mallett Gary $399,950 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Debra W $35,000
Previous Owner Mallett Gary G $50,000
Previous Owner Mallett Gary $319,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $749,000 0.0% $456 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $749,000 -- $456 / 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 $1,473 $255,000 $47,500 $207,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1927482

Northwest Multiple Listing Service (NWMLS)

APN: 010419-000-003-00