Listed by John L Scott Madrona Group, Bought with Horizon Real Estate
$275,000
SOLD AUG 12, 2020

8517 242nd St SW Unit 502 B Edmonds, WA 98026

Sound View Neighborhood
2 Beds
2 Baths
1,080 Sq Ft
$348/mo HOA Fee

Recently Sold

$255 Per Sq Ft

8% Below List Price

19 Days on Market

Highlights

  • Property is near public transit
  • Secluded Lot
  • 1 Fireplace
  • Edmonds Woodway High School Rated A-
  • Territorial View
  • Lobby

About This Home

As of August 2020

Main Floor Edmonds Condo nestled in a park-like setting. Spacious unit features an open layout. Kitchen w/ breakfast bar & dining room off kitchen. 2 Beds, master bed w/ wrap-around closets & 4 piece master bath. Cozy brick wood-burning fireplace. Sliding door to private patio. Large utility room w/ full size washer & dryer. Storage unit & 2 parking spaces covered & uncovered. Community features secure entry, exercise room, sauna & lots of guest parking. Perfect location close to everything!

Last Agent to Sell the Property

Jason Fox

John L Scott Madrona Group License #125913 Listed on: 06/25/2020

John L Scott Madrona Group

Co-Listed By

Joseph Kiser

John L Scott Madrona Group License #27494

Last Buyer's Agent

Donald Ball

Horizon Real Estate License #24455

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1619424

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1978

HOA Fees

  • $348 Monthly HOA Fees

Home Design

  • Built-Up Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Uncovered Parking

Additional Features

  • Street terminates at a dead end
  • Property is near public transit
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00669500250200

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, water/sewer
  • 37 Units
  • Galleon Condos
  • Edmonds Subdivision
  • Park Phone (425) 361-0373 | Manager Premiere Association Management

Amenities

  • Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,986

Year Built

Built in 1978

Lot Details

0

HOA Fees

$348 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,RangeOven,Refrigerator,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Galleon Condos
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1080
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 10
  • UnitFeatures: Primary Bath
  • SOCComments: Thank you.
  • Special Features: VirtualTour
  • Cumulative Days on Market: 29

Interior Features

  • Fireplaces: 1
  • Appliances: Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate
  • Main Level Bedrooms: 2
  • Stories: 3
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 1
  • StorageNo: 502
  • AppliancesIncluded: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • StorageLocation: Ground Floor

Exterior Features

  • Roof: Built-Up
  • View: Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 2
  • ParkingSpaceNumbers: 502 & 502

Utilities

  • Heating Yn: Yes
  • Utilities: Electricity Available, Garbage, Water/Sewer

Condo/Co-op/Association

  • Community Features: Cable TV, Lobby Entrance
  • Park Manager Name: Premiere Association Management
  • Park Manager Phone: 425-361-0373
  • Senior Community: No
  • Association Fee: 348
  • Association Fee Frequency: Monthly
  • CommonPropertyFeatures: Cable TV,Lobby Entrance

Fee Information

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

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00669500250200
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1986

Multi Family

  • Number Of Units In Community: 37
  • UnitsInBuildingTotal: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 10, 2020
Sold by
Vonwrangel Carola
Bought by
Malley Martin S O and Malley Isabella O
Seller's Agent
Jason Fox
John L Scott Madrona Group
Buyer's Agent
Donald Ball
Horizon Real Estate
List Price
$299,999
Sold Price
$275,000
Premium/Discount to List
-$24,999
-8.33%
Current Estimated Value
$403,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,871
Avg. Annual Appreciation
8.11%

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 14, 2016
Sold by
Vanterpool Stephanie C and Smith Stephanie C
Bought by
Vonwrangle Carola
Seller's Agent
Adam Cothes
eXp Realty
Buyer's Agent
Joseph Kiser
John L Scott Madrona Group
List Price
$149,000
Sold Price
$167,000
Premium/Discount to List
$18,000
12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$116,900
Interest Rate
3.72%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $275,000 First American Title
Warranty Deed $167,000 Wfg Natl Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $116,900 New Conventional
Previous Owner $15,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2020 08/12/20 Sold $275,000 -8.3% $255 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $299,999 +79.6% $278 / Sq Ft
03/18/2016 03/18/16 Sold $167,000 +12.1% $155 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $149,000 -- $138 / 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 $2,487 $360,500 $124,500 $236,000
2024 $2,487 $351,500 $121,000 $230,500
2023 $2,254 $330,000 $113,500 $216,500
2022 $2,344 $282,500 $96,000 $186,500
2020 $2,002 $215,000 $90,000 $125,000
2019 $1,986 $215,000 $87,000 $128,000
2018 $1,935 $181,000 $63,500 $117,500
2017 $1,597 $156,500 $58,500 $98,000
2016 $1,477 $143,500 $58,500 $85,000
2015 $1,285 $117,500 $58,500 $59,000
2013 $1,176 $101,500 $66,000 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1619424

Northwest Multiple Listing Service (NWMLS)

APN: 006695-002-502-00