Listed by COMPASS, Bought with Windermere Real Estate GH LLC
$555,000
SOLD AUG 20, 2020
2 Beds
1 Bath
1,395 Sq Ft
0.61 Acres

Recently Sold

$398 Per Sq Ft

11% Above List Price

Highlights

  • 0.61 Acre Lot
  • Property is near public transit
  • Views
  • Edmonds Woodway High School Rated A-
  • Wooded Lot
  • Open Space

About This Home

As of May 2024

Incredible opportunity for residential development in prime Edmonds neighborhood. Massive private rectangular lot almost 27k square feet zoned RS8000. Over $30k in new 125’ sewer and water line from street to existing home. Second story home(s) to have potential mountain and water views. Tons of value in land to subdivide, develop & sell for top dollar. Gas available in street. Property of similar size just to the east subdivided into 3 lots and developed – see last picture. Sold as-is.

Last Agent to Sell the Property

Greg Nelson

COMPASS License #128174 Listed on: 07/28/2020

COMPASS

Last Buyer's Agent

Adam Cobb

Windermere Real Estate GH LLC License #100973

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1637354

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $579

Year Built

  • Built in 1952

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 88' x 302'
  • Open Space
  • Partially Fenced Property
  • Level Lot
  • Wooded Lot
  • Value in Land
  • Zoning described as RS8

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,395 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Attached Carport

Location

  • Property is near public transit
  • Property is near a bus stop

Community Details

  • Edmonds Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number 00380300101000

Home Details

Home Type

Single Family

Est. Annual Taxes

$579

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1952
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1395
  • SeniorExemption: true
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Living Area: 1395
  • Main Level Bedrooms: 2
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 1395
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Open Space, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: House
  • BusLineNearby: true

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Attached Carport
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electricity Available, See Remarks
  • PowerCompany: PUD
  • SewerCompany: Olympic View
  • WaterCompany: City of Edmonds

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00380300101000
  • Topography: Level,PartialSlope
  • Lot Size Acres: 0.61
  • Lot Size: 88' x 302'
  • Lot Size Sq Ft: 26572
  • Zoning Description: RS8
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, See Remarks

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2020
  • Tax Annual Amount: 579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 20, 2024
Sold by
Select Hms Inc
Bought by
Gen Matthew and Cohen Lauren J
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Nanette Bergdahl
RE/MAX Northwest
List Price
$1,675,000
Sold Price
$1,675,000
Views
22
Current Estimated Value
$1,512,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$162,009
Avg. Annual Appreciation
-5.96%
Original Mortgage
$1,640,000
Outstanding Balance
$1,626,464
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$81,885

Purchase Details

Listed on
Jul 28, 2020
Closed on
Aug 19, 2020
Sold by
Nelson Daryl Lee and Nelson Daryl L
Bought by
Select Homes Inc
Seller's Agent
Greg Nelson
COMPASS
Buyer's Agent
Adam Cobb
Windermere Real Estate GH LLC
List Price
$499,000
Sold Price
$555,000
Premium/Discount to List
$56,000
11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.94%

Purchase Details

Closed on
Feb 23, 2006
Sold by
Myhre Marion J
Bought by
Nelson Daryl Lee
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 $1,675,000 Chicago Title
Warranty Deed $555,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,640,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $1,675,000 0.0% $539 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $1,675,000 +201.8% $539 / Sq Ft
08/20/2020 08/20/20 Sold $555,000 +11.2% $398 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $499,000 -- $358 / 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 $2,693 $1,252,000 $634,000 $618,000
2024 $2,693 $380,700 $380,700 --
2023 $4,532 $665,000 $617,400 $47,600
2022 $4,377 $528,300 $494,300 $34,000
2020 $579 $450,700 $413,300 $37,400
2019 $1,493 $419,100 $376,500 $42,600
2018 $1,537 $350,000 $326,500 $23,500
2017 $3,188 $312,900 $292,200 $20,700
2016 $2,811 $273,500 $237,300 $36,200
2015 $3,245 $297,400 $262,300 $35,100
2013 $1,027 $230,100 $159,000 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1637354

Northwest Multiple Listing Service (NWMLS)

APN: 003803-001-010-00