Listed by John L. Scott Snohomish, Bought with Specialty Real Estate Group
NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,190,276

6 Beds
6 Baths
3,740 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $815,000 $218 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,360/month

2 Days on Market

About This Home

As of October 2021

Amazing duplex investment opportunity! This large and spacious 6 bedroom, 5 bath , 3,740 sq. ft (3+2.5 per unit - 1,870 sf
per side) duplex on a 12,362 sf lot is close to shopping centers, Paine Field, and minutes to I-5. Newer carpeting throughout
with separate 2 car garages. Buy as an investment or occupy one unit while renting the other! Mukilteo School District.
Please do not disturb tenants. Potential to own all 3 duplex's right next to each other. MLS# 1834670 and 1834656. Buyer to verify all information.

Last Agent to Sell the Property

Kaylee McFadden

John L. Scott Snohomish License #136976 Listed on: 09/09/2021

John L. Scott Snohomish

Last Buyer's Agent

Michael Jiang

Specialty Real Estate Group License #138487

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1834686

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,033

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • Mukilteo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00574200004301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,033

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3740
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00574200004301
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 3100

Multi Family

  • Gross Scheduled Income: 37200
  • Net Operating Income: 29640
  • Number Of Units Total: 2
  • Insurance Expense: 1560
  • Leasable Area: 3740
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6033

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 20, 2021
Sold by
Kazen Rick S and Kazen Anne L
Bought by
Fan Yuanyuan and Liu Wenyang
Seller's Agent
Kaylee McFadden
John L. Scott Snohomish
Buyer's Agent
Michael Jiang
Specialty Real Estate Group
List Price
$774,950
Sold Price
$815,000
Premium/Discount to List
$40,050
5.17%
Current Estimated Value
$1,080,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,319
Avg. Annual Appreciation
6.84%
Original Mortgage
$611,250
Outstanding Balance
$564,610
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$493,762

Purchase Details

Closed on
Mar 19, 2009
Sold by
Roehl John G
Bought by
Johnson Curtis D and Johnson Tammy J

Purchase Details

Closed on
Feb 26, 1997
Sold by
Johnson Curtis D and Johnson Tammy J
Bought by
Kazen Rick S and Kazen Anne L
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 Buyer Sale Price Title Company
Fan Yuanyuan $815,000 First American Title
Johnson Curtis D -- None Available
Kazen Rick S $253,333 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fan Yuanyuan $611,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $815,000 +5.2% $218 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $774,950 -- $207 / 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 $7,587 $914,200 $410,000 $504,200
2024 $7,587 $884,200 $380,000 $504,200
2023 $7,822 $954,700 $395,000 $559,700
2022 $6,550 $671,900 $274,000 $397,900
2020 $5,583 $557,200 $220,000 $337,200
2019 $4,845 $482,600 $190,000 $292,600
2018 $5,019 $436,800 $162,000 $274,800
2017 $4,505 $399,800 $146,000 $253,800
2016 $4,209 $370,100 $127,000 $243,100
2015 $4,232 $340,900 $117,000 $223,900
2013 $3,537 $264,500 $88,000 $176,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1834686

Northwest Multiple Listing Service (NWMLS)

APN: 005742-000-043-01