NOT LISTED FOR SALE

Estimated Value: $915,000 - $1,143,000

-- Bed
-- Bath
1,989 Sq Ft
$533/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $752,500 $378 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,489/month

2 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • 1-Story Property
  • Maywood Hills Elementary School Rated A
  • High Speed Internet

About This Home

As of October 2020

Fourplex centrally located on quiet street a few short blocks from downtown Bothell! Fully rented and on month-to-month leases with rent prices under market going rates. These one bedroom one bathroom units have been well maintained and the building has coin-op laundry. Large shared yard space with parking spots and available street parking. Close to transportation and amenities. Zoned R4000 allows for potential build opportunity as well!

Last Listed By

Sue Terry

RSVP Brokers ERA License #52297 Listed on: 08/25/2020

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1652372

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,545

Year Built

  • Built in 1963

Lot Details

  • 8,514 Sq Ft Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Interior Spaces

  • 1,989 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9567800425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,545

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1963
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1989
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 240

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Forced Air, Ceramic Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Fire Sprinklers

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 3864

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 9567800425
  • Lot Size Acres: 0.1955
  • Lot Size Sq Ft: 8514
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 3345

Multi Family

  • Gross Scheduled Income: 40140
  • Net Operating Income: 27731
  • Number Of Units Total: 4
  • Insurance Expense: 1800
  • Leasable Area: 1898
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 12, 2020
Sold by
Skrabak Cletus J and Skrabak Nancy
Bought by
Murray Justin Gilmore and Murray Justin Gilmore
Seller's Agent
Sue Terry
RSVP Brokers ERA
Buyer's Agent
Zachary McDonald
Real Property Associates
List Price
$749,950
Sold Price
$752,500
Premium/Discount to List
$2,550
0.34%
Total Days on Market
2
Current Estimated Value
$1,060,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,819
Avg. Annual Appreciation
9.86%
Original Mortgage
$564,375
Outstanding Balance
$512,083
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$640,073

Purchase Details

Closed on
Dec 28, 2004
Sold by
Spooner Bruce D and Spooner Susan
Bought by
Skrabak Cletus J and Skrabak Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
5.74%

Purchase Details

Closed on
Aug 26, 1986
Sold by
Snyder John T and Snyder Jeri A
Bought by
Spooner Bruce D and Spooner Susan

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
Murray Justin Gilmore $752,500 Ticor Title
Skrabak Cletus J $305,000 Chicago Title
Spooner Bruce D $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Justin Gilmore $564,375
Previous Owner Skrabak Cletus J $274,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $752,500 +0.3% $378 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $749,950 -- $377 / 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
2024 $6,988 $733,000 $340,500 $392,500
2023 $7,085 $796,000 $212,800 $583,200
2022 $7,966 $805,000 $212,800 $592,200
2021 $7,681 $741,000 $212,800 $528,200
2020 $6,897 $659,000 $255,400 $403,600
2018 $5,055 $506,000 $238,300 $267,700
2017 $4,458 $442,000 $229,800 $212,200
2016 $4,023 $391,000 $212,800 $178,200
2015 -- $358,000 $195,800 $162,200
2014 -- $343,000 $195,800 $147,200
2013 -- $343,000 $195,800 $147,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1652372

Northwest Multiple Listing Service (NWMLS)

APN: 956780-0425