Estimated payment $18,842/month
Rare Development Opportunity in Downtown Bothell!Two side-by-side homes situated on a combined lot size of approximately 21,562 SF (0.495 acres). Both homes are currently rented and generating income, but the true value lies in the land. Positioned on a corner lot with alley access, this is an exceptional opportunity for investors or developers to capitalize on Bothell’s growing demand. The City of Bothell recently upzoned this neighborhood to R-M4, allowing for a minimum of around 20 units and up to 40 units under current zoning. Viewing of homes upon mutual acceptance. Buyer to verify all zoning and building requirements with the City of Bothell and determine highest and best use.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2364952
| 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 |
|---|---|---|---|---|
| 2024 | $8,142 | $859,000 | $568,000 | $291,000 |
| 2023 | $7,093 | $719,000 | $474,000 | $245,000 |
| 2022 | $7,047 | $897,000 | $413,000 | $484,000 |
| 2021 | $6,447 | $653,000 | $302,000 | $351,000 |
| 2020 | $6,139 | $550,000 | $252,000 | $298,000 |
| 2018 | $5,033 | $513,000 | $241,000 | $272,000 |
| 2017 | $4,545 | $440,000 | $207,000 | $233,000 |
| 2016 | $4,270 | $399,000 | $190,000 | $209,000 |
| 2015 | $3,764 | $381,000 | $184,000 | $197,000 |
| 2014 | -- | $324,000 | $162,000 | $162,000 |
| 2013 | -- | $316,000 | $183,000 | $133,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/24/2025 04/24/25 | For Sale | $3,200,000 | -- | $1,362 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Bargain Sale Deed | -- | Chicago Title | |
| Trustee Deed | $342,145 | None Available | |
| Warranty Deed | $380,000 | Commonwealth L |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $57,000 | Credit Line Revolving | |
| Previous Owner | $304,000 | Purchase Money Mortgage | |
| Previous Owner | $57,000 | Credit Line Revolving |
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Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2364952
APN: 956780-0250
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