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  • Listed by: KW Greater Seattle • Lynda Dowell • 206-643-7963
    $515,000

    550 Elm Way #410, Edmonds, WA 98020

    2beds
    925sqft
    : 
    $3,935/mo
    Get pre-qualified
    Condominium
    Built in 1964
    -- sqft lot
    $498,100 Zestimate®
    $557/sqft
    $621/mo HOA

    What's special

    Cozy gas fireplaceStylish new lvp flooringHeated poolFull guest bathNew lightingPeaceful greenbelt overviewFlows to dining room
    Welcome to this top-floor unit, 4th floor, with a peaceful greenbelt overview. Downtown Edmonds is just a lovely stroll away. This beautifully updated 2-bed, 2-bath condo sits on the 4th floor of sought-after Highland Park Condos, close to the scenic waterfront, ferry, Farmers Market, Edmonds Center for the Arts, and the Sounder to Seattle. The spacious living room centers on a cozy gas fireplace and flows to dining room and refreshed kitchen with new stove, microwave, and dishwasher. Step out to your private covered balcony facing south over lush greenbelt for morning coffee or afternoon tea. Bright, inviting spaces with fresh paint, stylish new LVP flooring, new carpet, and new lighting. The primary suite offers large closet and ensuite full bath. Features include: 2nd bedroom with large closet, full guest bath, in-unit new washer/dryer. Beautifully landscaped, well maintained grounds include a heated pool and garden courtyard between the buildings. This secure, pet-friendly building has an elevator, community room. Unit has 1 assigned carport parking and two private storage spaces: a large closet off the deck and secure storage room on first floor, bike storage room on same floor. Recent building updates include new siding, decks, windows, and plumbing. The well-run HOA dues covers water, sewer, garbage. No rental cap. A true Edmonds gem!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lynda Dowell 206-643-7963 lynda.re@kw.com,

    KW Greater Seattle

    Source: NWMLS as distributed by MLS GRID,MLS#: 2598089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen without eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Fireplace, Radiant, Wall Furnace, Electric, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Closet primary bath, Cooking - Electric Hookup, Cooking-Electric, Dryer-Electric
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Laminate, Vinyl, Carpet
      • Windows: Insulated Windows
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 925
      • Total interior livable area: 925 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Carport, Off Street
      • Has carport: Yes
      • Covered spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Cooking-Electric, Dryer-Electric, Fireplace, Insulated Windows, Primary Bathroom, Top Floor, Washer, Water Heater
      • Has view: Yes
      • View description: See Remarks, Territorial
      Lot
      • Size: 2.27 Acres
      • Features: Adjacent to Public Land, Paved, Sidewalk
      Details
      • Parcel number: 00836300141000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Contemporary,Condo (1 Level)
      • Property subtype: Condominium
      Materials
      • Cement Planked, Wood Siding, Cement Plank
      • Roof: Built-Up
      Condition
      • Year built: 1964

      Utilities & green energy

      • Electric: Company: Snohomish County PUD
      • Sewer: Company: HOA
      • Water: Company: HOA
      • Utilities for property: Hoa, Comcast
      Green energy
      • Energy efficient items: Insulated Windows

      Community & HOA

      Community
      • Features: Cable TV, Elevator, Game/Rec Rm, Garden Space, Lobby Entrance, Pool
      • Security: Fire Sprinkler System
      • Subdivision: Edmonds Bowl
      HOA
      • Services included: Cable TV, Common Area Maintenance, Earthquake Insurance, Road Maintenance, Sewer, Snow Removal, Water
      • HOA fee: $621 monthly
      • HOA phone: 425-361-0373
      Location
      • Region: Edmonds

      Financial & listing details

      • Price per square foot: $557/sqft
      • Tax assessed value: $531,500
      • Annual tax amount: $4,281
      • Date on market: 10/30/2026
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $498,100

        $473,000 - $523,000

        $2,867/mo

        Price history

        DateEventPrice
        10/30/2026Listed for sale$515,000+134.1%$557/sqft
        Source: NWMLS as distributed by MLS GRID #2598089 Report a problem
        8/13/2010Sold$219,950$238/sqft
        Source: NWMLS as distributed by MLS GRID #76239 Report a problem
        5/22/2010Listed for sale$219,950+58.8%$238/sqft
        Source: RE/MAX Northwest #76239 Report a problem
        6/4/1998Sold$138,500-1.9%$150/sqft
        Source: Public Record Report a problem
        6/21/1996Sold$141,200$153/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,281 +33.3%$531,500 +17.8%
        2024$3,213 +15.2%$451,100 +15.5%
        2023$2,789 +8.8%$390,500 +5%
        2022$2,564 -5.4%$371,900 +15%
        2021$2,709 -8.7%$323,400 -9.7%
        2020$2,967 +15%$358,000 +30%
        2019$2,580 $275,400 +11.8%
        2018-- $246,400 +9%
        2017$2,411 +12.2%$226,000 +15.9%
        2016$2,149 $195,000
        2015$2,149 +3.9%$195,000 +10.2%
        2013$2,068 $177,000
        2012-- --
        2011-- --
        2010-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 98020

        Getting around

        69 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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