Listed by eXp Realty, Bought with John L Scott Madrona Group
$167,000
SOLD MAR 18, 2016

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

Sound View Neighborhood
2 Beds
1 Bath
1,080 Sq Ft
1978 Built

Recently Sold

$155 Per Sq Ft

12% Above List Price

Highlights

  • 1 Fireplace
  • Cats Allowed
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • Wood Siding

About This Home

As of August 2020

Great value in this 1,080 sf ft condo. Updated in the past two years: paint, flooring, counters, and water heater. This middle floor unit is a 2 bed/1.75 bath with wood burning fireplace, pergo through-out, and breakfast bar. Utility room with full-size washer and dryer in unit. 2 reserved parking spaces, one covered and one uncovered. Additional features include: storage unit, secure entry, newer roof, and private deck. Community exercise room available.

Last Agent to Sell the Property

Adam Cothes

eXp Realty License #26794 Listed on: 02/18/2016

eXp Realty

Last Buyer's Agent

Joseph Kiser

John L Scott Madrona Group License #27494

John L Scott Madrona Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM896510

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,487

Year Built

  • Built in 1978

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 00669500250200

Community Details

Overview

  • Edmonds Community

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,487

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 30 - Condo (1 Level)
  • Unit Floor Number: 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.75
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 1080

Exterior Features

  • Exterior: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Carport, Uncovered

Utilities

  • Heating And Cooling: Baseboard

Condo/Co-op/Association

  • HOA Fees: 320
  • Community Name: Edmonds
  • Project: Galleon Condominiums
  • Cats And Dogs: Cats Only
  • Common Property Features: Exercise Room, Fire Sprinklers, Lobby Entrance
  • Home Owner Dues Included: Garbage, Water/Sewer

Schools

  • Elementary School: Sherwood ElemSw
  • Middle School: Alderwood Mid
  • High School: Edmonds Woodway High
  • School District: ED

Lot Info

  • Lot Details: Sidewalk
  • Parcel Number: 00669500250200

Tax Info

  • Tax Amount: 1285

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
8.14%

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

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 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: NWM896510

Northwest Multiple Listing Service (NWMLS)

APN: 006695-002-502-00