Listed by KW North Sound, Bought with Windermere Real Estate Whatcom
NOT LISTED FOR SALE

Estimated Value: $724,244 - $794,000

4 Beds
2 Baths
1,656 Sq Ft
$449/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $721,000 $435 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,490/month

28 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Vinyl Plank Flooring
  • Sunnycrest Elementary School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of July 2024

Are you kidding me!! THIS DUPLEX IS 19 HOUSES AND 1 STREET AWAY FROM LAKE STEVENS BEACH PARK!! CHECK YOUR THOMAS GUIDE!! Fantastic opportunity for an investor or owner occupy later this year! Equity builder, as each unit is rented below market value! Some updates have been done to this duplex. Each unit is 2 beds, 1 bath, 828sf plus 1 car garage! Washer/Dryer in each unit. Individually fenced back yards plus side & front yards. Located just north of Lake Stevens, minutes from Hwy 9 and under 15 minutes from I-5. With the new HOUSE BILL 1337, is a DADU POSSIBLE...

Last Agent to Sell the Property

Todd Duitsman

KW North Sound License #104651 Listed on: 04/25/2024

KW North Sound

Last Buyer's Agent

Mike Kooy

Windermere Real Estate Whatcom License #113215

Windermere Real Estate Whatcom

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2225870

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00385900300100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,256

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1656
  • SOCComments: Thank you for looking!
  • Special Features: None
  • Cumulative Days on Market: 400

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: PUD
  • WaterCompany: PUD
  • WaterSewerGarbage: 2400

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Stevens

Lot Info

  • Parcel Number: 00385900300100
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Tax Record
  • MLSSquareFootageSource: Tax Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.92
  • LeasedItems: None
  • TotalMonthlyIncome: 3845

Multi Family

  • Gross Scheduled Income: 46140
  • Net Operating Income: 37611
  • Number Of Units Total: 2
  • Insurance Expense: 873
  • Leasable Area: 1656
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5256
  • AdditionalTaxIds: 00385900300100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 26, 2024
Sold by
Requa Richard A and Requa Marie V
Bought by
Partaps3 Group Llc
Seller's Agent
Todd Duitsman
KW North Sound
Buyer's Agent
Mike Kooy
Windermere Real Estate Whatcom
List Price
$735,000
Sold Price
$721,000
Premium/Discount to List
-$14,000
-1.9%
Views
38
Current Estimated Value
$744,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,311
Avg. Annual Appreciation
2.93%
Original Mortgage
$468,650
Outstanding Balance
$465,738
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$278,573

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 5, 2013
Sold by
Greenshields Mick
Bought by
Requa Richard A and Marie Requa V
Seller's Agent
Juli Wampler
Windermere Real Estate JS
List Price
$215,000
Sold Price
$220,501
Premium/Discount to List
$5,501
2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%

Purchase Details

Closed on
May 7, 2004
Sold by
Sorenson Sharon L
Bought by
Greenshields Mick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1996
Sold by
Sorenson Sharon L and Sorensen Sharon L
Bought by
Sorenson Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
6%
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
Partaps3 Group Llc $118,050 Chicago Title
Requa Richard A $220,782 Cw Title
Greenshields Mick $205,000 Transnation Title
Sorenson Sharon L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Partaps3 Group Llc $468,650
Previous Owner Greenshields Mick $153,750
Previous Owner Sorenson Sharon L $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $721,000 -1.9% $435 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $735,000 +233.3% $444 / Sq Ft
07/15/2013 07/15/13 Sold $220,501 +2.6% $133 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $215,000 -- $130 / 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 $5,309 $616,800 $349,000 $267,800
2024 $5,309 $571,100 $313,000 $258,100
2023 $5,256 $613,400 $336,000 $277,400
2022 $4,950 $451,800 $244,000 $207,800
2020 $4,063 $341,600 $206,000 $135,600
2019 $3,704 $305,100 $184,000 $121,100
2018 $3,514 $276,700 $156,000 $120,700
2017 $2,727 $239,600 $131,000 $108,600
2016 $2,611 $212,500 $117,000 $95,500
2015 $1,371 $208,200 $100,000 $108,200
2013 $2,855 $191,200 $66,000 $125,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2225870

Northwest Multiple Listing Service (NWMLS)

APN: 003859-003-001-00