Listed by Windermere Real Estate/M2, LLC, Bought with Pointe3 Real Estate
NOT LISTED FOR SALE

8520 242nd St SW Unit 204 Edmonds, WA 98026

Sherwood Forest Neighborhood

Estimated Value: $397,000 - $435,000

2 Beds
1 Bath
1,098 Sq Ft
1.3 Acres

Last Sold July 19, 2017

Last sale price $260,000 $237 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,419/month

5 Days on Market

Highlights

  • Secluded Lot
  • 1 Fireplace
  • Wall to Wall Carpet
  • Edmonds-Woodway High School Rated A-
  • Garage

About This Home

As of July 2017

Here's your opportunity to stop paying rent and own! Amazing location! Spacious 2 bedroom, 2 bath property. Kitchen offers plenty of cabinets and a large laundry room for ample storage. Nestled in the trees with lots of privacy, enjoy your mornings on the private deck. Private secured garage, located in a quiet community. Close to bus line, Edmonds, restaurants and shopping.

Last Agent to Sell the Property

Debbie Long

Windermere Real Estate/M2, LLC License #27244 Listed on: 06/21/2017

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Michael Hughes

Pointe3 Real Estate License #115946

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1147220

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1978

Lot Details

  • Street terminates at a dead end

Parking

  • Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1 Bathroom
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 00678100020400

Community Details

Overview

  • 6 Units
  • Edmonds Community

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,667

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Condominium
  • Style: 34 - Condo (3 Levels)
  • Entrance Level: Main
  • Unit Floor Number: 2
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliance Hookups: Cooking-Electric, Dryer-Electric
  • Appliances That Stay: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • 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
  • Fireplace Type: Wood
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Dining Room: Main
  • Kitchen: Main
  • Living Room: Main
  • Estimated Sq Ft: 1098

Exterior Features

  • Exterior: Stucco
  • Roof: Composition

Garage/Parking

  • Numberof Assigned Spaces: 2
  • Parking Type: Individual Garage
  • Parking Space Number: Garage #6

Utilities

  • Heating And Cooling: Forced Air, Wall
  • Water Heater: Laundry Room-Electric

Condo/Co-op/Association

  • Numberof Units in Building: 6
  • Numberof Units In Complex: 24
  • HOA Fees: 354
  • Community Name: Edmonds
  • Project: Edmonds Village
  • Cats And Dogs: Subj To Restrictions
  • Association Contact: Prime Seattle (206) 726-0878
  • Common Property Features: Cable Tv, Fire Sprinklers, Outside Entry, Trails
  • Home Owner Dues Included: Earthquake Ins., Garbage, Water/Sewer, Common Area Maintenance
  • Unit Features: Balcony/Deck/Patio, Master Bath

Schools

  • School District: ED

Lot Info

  • Lot Details: Dead End Street, Paved Street, Secluded
  • Parcel Number: 00678100020400

Tax Info

  • Tax Amount: 2035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
Jul 13, 2017
Sold by
Ohlinger Siobhan Nichole T and Ohlinger Nichole T
Bought by
Abraham Tsige
Seller's Agent
Debbie Long
Windermere Real Estate/M2, LLC
Buyer's Agent
Michael Hughes
Pointe3 Real Estate
List Price
$235,000
Sold Price
$260,000
Premium/Discount to List
$25,000
10.64%
Current Estimated Value
$417,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,302
Avg. Annual Appreciation
5.81%
Original Mortgage
$234,000
Outstanding Balance
$193,942
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$223,360

Purchase Details

Closed on
Oct 28, 2005
Sold by
Bridges Tommy D and Bridges Kimberly N
Bought by
Ohlinger Siobhan Nichole T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,905
Interest Rate
5.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 18, 2004
Sold by
Bridges Tommy D
Bought by
Bridges Tommy D and Bridges Kimberly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2002
Sold by
Herman Jason and Herman Sharon
Bought by
Bridges Tommy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,860
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 19, 2001
Sold by
Hobart Clayton J and Graham Amania C
Bought by
Herman Jason and Herman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,300
Interest Rate
7.15%

Purchase Details

Closed on
Mar 12, 1997
Sold by
Dillard Dixie L and Dillard Dixie
Bought by
Toma Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,900
Interest Rate
7.74%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Abraham Tsige $260,000 Cw Title
Ohlinger Siobhan Nichole T $184,631 The Talon Group
Bridges Tommy D $11,235 Pnwt
Bridges Tommy D $145,000 Chicago Title Insurance Co
Herman Jason $138,500 --
Toma Lisa $86,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Tsige $234,000
Previous Owner Ohlinger Siobhan Nichole T $36,905
Previous Owner Ohlinger Siobhan Nichole T $147,620
Previous Owner Bridges Tommy D $136,000
Previous Owner Bridges Tommy D $140,860
Previous Owner Herman Jason $134,300
Previous Owner Toma Lisa $83,900
Closed Bridges Tommy D $5,000
Closed Bridges Tommy D $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $260,000 +10.6% $237 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $235,000 -- $214 / 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 $2,667 $392,000 $110,500 $281,500
2024 $2,667 $377,000 $107,500 $269,500
2023 $2,417 $354,000 $100,500 $253,500
2022 $2,514 $303,000 $85,000 $218,000
2020 $2,670 $287,000 $80,000 $207,000
2019 $2,547 $276,000 $77,500 $198,500
2018 $2,484 $232,500 $57,000 $175,500
2017 $2,035 $199,500 $52,000 $147,500
2016 $1,754 $170,500 $52,000 $118,500
2015 $1,285 $117,500 $52,000 $65,500
2013 $1,262 $109,000 $59,000 $50,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1147220

Northwest Multiple Listing Service (NWMLS)

APN: 006781-000-204-00