551 Elm Way is a 3,384 square foot multi-family home on a 3,485 square foot lot with 4 bedrooms and 3 bathrooms. Based on Redfin's Edmonds data, we estimate the home's value is $1,203,492.
Multi-familyProperty Type
1967Year Built
3,485 sq ftLot Size
$356Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$1,203,492
$163K since September
Recently sold homes
Estimate history
This home's estimate is 33.7% lower than the average sale price ($1.82M) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2018
$2,221 (+25.6%)
$172,000
2017
$1,768 (+3.9%)
$172,000
2016
$1,702 (−2.2%)
$172,000
2015
$1,741 (+61.7%)
$158,000
2014
$1,077 (−4.7%)
$158,000
2013
$1,130 (−5.4%)
$96,500
2012
$1,194 (−6.1%)
$96,500
2011
$1,272 (+2.2%)
$107,000
2010
$1,245
$140,000
2009
$1,245
$140,000
Tax history for 551 Elm Way
Year
Property tax
Land + Additions
Assessment*
2018
$2,221 (+25.6%)
$172,000
2017
$1,768 (+3.9%)
$172,000
2016
$1,702 (−2.2%)
$172,000
2015
$1,741 (+61.7%)
$158,000
2014
$1,077 (−4.7%)
$158,000
2013
$1,130 (−5.4%)
$96,500
2012
$1,194 (−6.1%)
$96,500
2011
$1,272 (+2.2%)
$107,000
2010
$1,245
$140,000
2009
$1,245
$140,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RM-1.5
Multiple Residential Zone
The RM zone has the following specific purposes in addition to the general purposes for residential zones; To reserve and regulate areas for a variety of housing types, and a range of greater densities than are available in the middle housing residential zones, while still maintaining a residential environment; To provide for those additional uses which complement and are compatible with multiple residential uses.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Public service
Educational/school
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 824
Basement Type: Partial
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 2
Heating & Cooling
Heating Type: Baseboard Electric
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Concrete
Construction Type: Wood
Building Construction Quality: Good
Exterior Wall: Lap Siding
Roof Shape Type: Gable
Building Type: Triplex
Property Information
Subdivision Name: HIGHLANDS PARK
Living Sq. Ft: 3,384
Ground Floor Sq. Ft: 1,280
Building Sq. Ft: 3,840
# of Stories: 2
Stories Type: 2 Story With Basement
Legal Description: HIGHLANDS PARK BLK 000 D-01 1/2 DUPLEX - BLDG ONLY ON LOT 8 SUBJ ESE PUD 1 REF TO4722-000-008-0001 FOR S/C EXP
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 456
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,485
Legal Lot Number: 8
School Tax District: EDMONDS
Municipality Name: EDMONDS
Acres: 0.08
Zoning Code: RM3
County Use Description: THREE FAM/TRIPLEX
Financial
Assessor Information
Assessment Year: 2017
Tax District County: EDMONDS
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 3,384
Stories: 2.0
Lot Size: 3,485 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1967
Year Renovated: 1975
County: Snohomish County
APN: 00472200000801
Home facts updated by county records on Jan 21, 2023
Around this home
Schools
Sherwood Elementary School
Public K-6 • Assigned • 0.7mi
9/10
College Place Middle School
Public 7-8 • Assigned • 2.1mi
4/10
Edmonds Woodway High School
Public 9-12 • Assigned • 1.8mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 86° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Edmonds, WA • 98020
Average low and high temperatures (°F)
46
37
47
38
52
41
58
43
64
48
70
53
73
55
74
57
69
54
58
47
51
42
48
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.14M – $1.39M
Reach more buyers when you sell with Redfin. Save up to $12,035 in fees.3 minutes to get started.