NOT LISTED FOR SALE

Estimated Value: $1,279,000 - $1,354,012

4 Beds
4 Baths
3,096 Sq Ft
$425/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $535,760 $173 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $7,878/month

37 Days on Market

Highlights

  • Views of a Sound
  • Corner Lot
  • Wall to Wall Carpet
  • Mukilteo Elementary School Rated A-
  • Wood Siding
  • 2-minute walk to Trails and Tails Dog Park

About This Home

As of July 2014

CASH FLOW 4-PLEX! 2 bedrooms/1 bath. Located in gorgeous Old Town Mukilteo, building is allowed to remain in this prime single family area. Large lot w/views of Sound & Mtns! Let the rental income pay for your investment, later build view dream home. Gorgeous corner lot. Units in good condition, rented at $800 per month (below market, sorry). Next year, bump rents to market rate, estimated to be $900 - $1000/month. Each is approx. 770 sf, light & bright. Please do not go onto property.

Last Agent to Sell the Property

Leanne Finlay

Piper Finlay Real Estate License #7513 Listed on: 05/14/2014

Last Buyer's Agent

Christian Moulin

Windermere RE Greenwood License #37635

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 636353

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Property is in good condition

Property Views

  • Views of a Sound
  • Mountain Views

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Community Details

  • Old Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28040400100800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,240

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1964
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3096
  • Special Features: None
  • Cumulative Days on Market: 325

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Sound
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • WaterCompany: Mukilteo
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 28040400100800
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Number Of Units Total: 4
  • Leasable Area: 3096
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Morris Tonya A
Bought by
Colby Cottages Properties Llc
Total Days on Market
37
Current Estimated Value
$1,314,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
2.8%

Purchase Details

Closed on
Sep 10, 2020
Sold by
Beachcomber Properties Llc
Bought by
Morris Tonya A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
2.8%

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 26, 2014
Sold by
Morris Tonya A
Bought by
Beachcomber Properties Llc
Seller's Agent
Leanne Finlay
Piper Finlay Real Estate
Buyer's Agent
Christian Moulin
Windermere RE Greenwood
List Price
$565,000
Sold Price
$535,760
Premium/Discount to List
-$29,240
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$401,820
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 21, 2014
Sold by
Stanley Warren Roderick
Bought by
Morris Tonya A
Seller's Agent
Leanne Finlay
Piper Finlay Real Estate
Buyer's Agent
Christian Moulin
Windermere RE Greenwood
List Price
$565,000
Sold Price
$535,760
Premium/Discount to List
-$29,240
-5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,820
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013
Sold by
Stanley Carol Rodelle
Bought by
Stanley Warren Roderick

Purchase Details

Closed on
Sep 27, 2007
Sold by
Stanley Elizabeth L
Bought by
Stanley Elizabeth L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Colby Cottages Properties Llc $313 Accommodation/Courtesy Recordi
Beachcomber Properties Llc -- Accommodation
Morris Tonya A -- None Available
Beachcomber Properties Llc -- None Available
Morris Tonya A $535,760 First American Title Ins Co
Stanley Warren Roderick -- None Available
Stanley Elizabeth L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Tonya Amy $359,000
Previous Owner Morris Tonya A $401,820
Previous Owner Stanley Elizabeth L $95,475
Previous Owner Stanley Elizabeth L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $535,760 -5.2% $173 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $565,000 -- $182 / 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 $6,399 $860,000 $435,500 $424,500
2024 $6,399 $860,000 $425,000 $435,000
2023 $6,050 $839,000 $425,000 $414,000
2022 $5,690 $677,000 $392,000 $285,000
2020 $5,274 $630,000 $392,000 $238,000
2019 $4,922 $600,000 $271,000 $329,000
2018 $6,067 $596,200 $288,000 $308,200
2017 $4,885 $536,000 $149,000 $387,000
2016 $4,498 $490,000 $144,000 $346,000
2015 $3,467 $340,000 $140,000 $200,000
2013 $3,469 $320,000 $155,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 636353

Northwest Multiple Listing Service (NWMLS)

APN: 280404-001-008-00