NOT LISTED FOR SALE

Estimated Value: $763,000 - $1,037,193

4 Beds
4 Baths
3,560 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $850,000 $239 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,795/month

11 Days on Market

Highlights

  • 0.67 Acre Lot
  • Secluded Lot
  • Wood Flooring
  • Hillcrest Elementary School Rated A-
  • Territorial View
  • No HOA

About This Home

As of August 2022

INVESTOR ALERT! Don't miss this 3,500+ total sq. ft duplex on large lot in the heart of Lake Stevens. This duplex sits on a .67 acre lot, within a wooded and secluded setting. Each unit: upstairs is 2 Bed/1 Bath with a cool midcentury style. Downstairs is mostly open, with a .75 bathroom and room to expand your living space, create a guest suite, home office, or more. Many possibilities in the basement, with a separate entrance. Great location near Davies Beach & boat launch. Rent out one and live in the other. Great cash flow. No HOA! Easy access to freeways, shopping parks and restaurants! No access to 10113 until mutually signed around purchase and sale agreement.

Last Agent to Sell the Property

Amy Schmitt

Real Broker LLC License #21034694 Listed on: 07/05/2022

Real Broker LLC

Last Buyer's Agent

Eleanor Heyrich Payne

Windermere Real Estate Midtown License #116817

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1948173

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1976

Lot Details

  • 0.67 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 11 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00493400801100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,112

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 11
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Utilities: Septic System, Electric
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterCompany: PUD
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Stevens
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00493400801100
  • Lot Size Acres: 0.67
  • Lot Size: 29185
  • Lot Size Sq Ft: 29185
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21.56
  • LeasedItems: None
  • TotalMonthlyIncome: 3420

Multi Family

  • Gross Scheduled Income: 41040
  • Net Operating Income: 29238
  • Number Of Units Total: 2
  • Insurance Expense: 1436
  • Leasable Area: 3560
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7112
  • AdditionalTaxIds: 49340080110003

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 1, 2022
Sold by
Allan Eunice U
Bought by
Sher Mark and Sher Shelley Stewart
Seller's Agent
Amy Schmitt
Real Broker LLC
Buyer's Agent
Eleanor Heyrich Payne
Windermere Real Estate Midtown
List Price
$968,000
Sold Price
$850,000
Premium/Discount to List
-$118,000
-12.19%
Total Days on Market
11
Current Estimated Value
$927,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,048
Avg. Annual Appreciation
3.11%
Original Mortgage
$510,000
Outstanding Balance
$489,459
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$437,589

Purchase Details

Closed on
Jun 3, 2021
Sold by
Allan Eunice R and Allan Eunice U
Bought by
Allan Eunice U and Allan Eunice R
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
Sher Mark -- Chicago Title
Allan Eunice U -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sher Mark $510,000
Closed Sher Mark $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $850,000 -8.6% $239 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $930,000 -3.9% $261 / Sq Ft
07/05/2022 07/05/22 For Sale $968,000 -- $272 / 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 $7,108 $829,800 $390,000 $439,800
2024 $7,108 $775,200 $350,000 $425,200
2023 $7,602 $901,900 $430,000 $471,900
2022 $7,707 $732,100 $300,000 $432,100
2020 $6,820 $604,300 $256,000 $348,300
2019 $6,434 $560,800 $245,000 $315,800
2018 $6,316 $511,700 $200,000 $311,700
2017 $4,980 $454,200 $162,000 $292,200
2016 $4,615 $390,100 $137,000 $253,100
2015 $3,912 $304,600 $113,000 $191,600
2013 $3,722 $253,900 $95,000 $158,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1948173

Northwest Multiple Listing Service (NWMLS)

APN: 004934-008-011-00