Listed by Windermere Real Estate/HLC, Bought with FIRST AND MAIN
NOT LISTED FOR SALE

8517 242nd St SW Unit 604B Edmonds, WA 98026

Sherwood Forest Neighborhood

Estimated Value: $441,000 - $542,000

3 Beds
3 Baths
1,526 Sq Ft
$570/mo HOA Fee

Last Sold September 19, 2023

Last sale price $457,000 $299 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,428/month

49 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Gated Community
  • Edmonds-Woodway High School Rated A-
  • Penthouse
  • Property is near public transit

About This Home

As of September 2023

A sprawling condo that lives like a home! 2 primary ensuites & one has a romantic fireplace with territorial views to the tree tops. A home office with a skylight & gorgeous, easy to care for floors throughout. The spacious great room has another fireplace for a relaxing ambiance & the cook’s kitchen does not disappoint. Guests can relax in the dining area while you prepare the bbq on the sun deck. Another bedroom & a full bath, a walk-n storage closet, more storage in the common hallway plus a laundry room. This quiet complex has only 37 units & is nestled down a dead end road. The community features are a secure entry, exercise room & guest parking. Perfect location close to Coscto, bus routes, light rail, Edmonds beaches & everything!

Last Agent to Sell the Property

Jill Sjolin

Windermere Real Estate/HLC License #51221 Listed on: 07/05/2023

Windermere Real Estate/HLC

Last Buyer's Agent

Shelly Valentine

FIRST AND MAIN License #18575

FIRST AND MAIN

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2130279

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Cul-De-Sac
  • Street terminates at a dead end

HOA Fees

  • $570 Monthly HOA Fees

Home Design

  • Penthouse
  • Composition Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,526 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Blinds

Kitchen

  • Electric Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Parking

  • 2 Parking Spaces
  • Carport
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio

Location

  • Unit is on the top floor
  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, garbage, sewer, water
  • 37 Units
  • Secondary HOA Phone (425) 823-6263
  • Galleon Condos
  • Edmonds Subdivision

Amenities

  • Laundry Facilities
  • Lobby

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1979

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 30 - Condo (1 Level)
  • Year Built: 1979
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Galleon
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1526
  • SeniorExemption: false
  • DwellingType: Attached
  • RemodeledUpdated: true
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Insulated Windows,Penthouse,Primary Bath,Skylights,Top Floor,Vaulted Ceilings,Walk-in Closet
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2130279?w=Consumer&agent=33044
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Hardwood, Laminate Hardwood, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Fireplace
  • Main Level Bedrooms: 3
  • Stories: 3
  • BathsFullMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range
  • StorageLocation: Common hallway near unit
  • WindowCoverings: blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Structure Type: Multi Family
  • BusLineNearby: true

Garage/Parking

  • Carport Y N: Yes
  • Parking Features: Carport, Off Street, Uncovered
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric

Condo/Co-op/Association

  • Community Features: Exercise Room, Gated, Laundry Room, Lobby Entrance
  • Senior Community: No
  • Association Fee: 570
  • Association Fee Frequency: Monthly
  • Phone: 425-823-6263
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • CoOp: false
  • CommonPropertyFeatures: Exercise Room,Gated Entry,Laundry Room,Lobby Entrance

Fee Information

  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Garbage, See Remarks, Sewer, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00669500260400
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Efficiency: Insulated Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2835
  • AdditionalTaxIds: 00669500260400

Multi Family

  • Number Of Units In Community: 37
  • EnergySource: Electric,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Sep 16, 2023
Sold by
Rempel Lisa Lynn and Rempel Robert Kenneth
Bought by
Agrahari Kaustubh and Poojari Priya
Seller's Agent
Jill Sjolin
Windermere Real Estate/HLC
Buyer's Agent
Shelly Valentine
FIRST AND MAIN
List Price
$485,000
Sold Price
$457,000
Premium/Discount to List
-$28,000
-5.77%
Views
324
Current Estimated Value
$493,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,165
Avg. Annual Appreciation
3.51%
Original Mortgage
$411,300
Outstanding Balance
$402,478
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$90,687

Purchase Details

Closed on
Dec 26, 2017
Sold by
Ferlaak John D and Ferlaak Eva M
Bought by
Larsen Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2017
Sold by
Rempel Lida Lynn
Bought by
Rempel Lisa Lymm and Rempel Robert Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Agrahari Kaustubh $457,000 Wfg National Title Company Of
Larsen Lisa L -- Chicago Title Ins Co
Rempel Lisa Lymm -- None Available
Rempel Lisa Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agrahari Kaustubh $411,300
Previous Owner Rempel Lisa Lynn $258,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2023 09/19/23 Sold $457,000 -1.7% $299 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $465,000 -4.1% $305 / Sq Ft
07/25/2023 07/25/23 For Sale $485,000 0.0% $318 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $485,000 -- $318 / 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 $3,128 $456,500 $188,000 $268,500
2024 $3,128 $442,500 $183,000 $259,500
2023 $2,835 $415,500 $171,500 $244,000
2022 $2,948 $355,500 $145,000 $210,500
2020 $2,624 $282,000 $136,500 $145,500
2019 $2,603 $282,000 $132,000 $150,000
2018 $2,537 $237,500 $97,000 $140,500
2017 $2,096 $205,500 $89,000 $116,500
2016 $1,939 $188,500 $89,000 $99,500
2015 $1,688 $154,500 $89,000 $65,500
2013 $1,539 $133,000 $100,500 $32,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2130279

Northwest Multiple Listing Service (NWMLS)

APN: 006695-002-604-00