Listed by KW North Sound, Bought with Daily Realty Group LLC
NOT LISTED FOR SALE

Estimated Value: $725,000 - $796,000

4 Beds
4 Baths
1,888 Sq Ft
$405/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $700,000 $371 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,454/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Geothermal Energy System
  • Deck
  • Cul-De-Sac
  • High Speed Internet

About This Home

As of September 2021

Fantastic investment opportunity: live-in one side and rent out the other or rent out both sides for some serious cash flow! This side-by-side style Duplex features 2 - 944 sqft 2 bed 1.5 bath units each with their own private deck, 1 car garage, brand new roof, exterior paint & furnaces for each unit. Each unit features a private fenced backyard & bright/ open living spaces. Currently rented below market rents. Unit #2 is moving out soon, either move in yourself or start fresh with new tenants and great increased rents. Great location down a dead end street/ cul-de-sac close to I-5, transit, shopping & more. Walking distance to everything, a perfect rental.

Last Agent to Sell the Property

Lance Otto

KW North Sound License #85874 Listed on: 08/18/2021

KW North Sound

Last Buyer's Agent

Becky Daily

Daily Realty Group LLC License #26865

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1826874

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1979

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Additional Features

  • Geothermal Energy System
  • Deck
  • High Speed Internet

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00680600001500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,337

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1888
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Geothermal, Wood
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00680600001500
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,RV Parking
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Geothermal, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4337

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Geothermal,Wood
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 17, 2021
Sold by
Elgin Lawrence R and Elgiri Deborah A
Bought by
Bode Brian and Morrison Christine Elisabeth
Seller's Agent
Lance Otto
KW North Sound
Buyer's Agent
Becky Daily
Daily Realty Group LLC
List Price
$685,000
Sold Price
$700,000
Premium/Discount to List
$15,000
2.19%
Current Estimated Value
$765,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,143
Avg. Annual Appreciation
2.08%
Original Mortgage
$595,000
Outstanding Balance
$541,406
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,737

Purchase Details

Closed on
May 12, 1998
Sold by
Altmann Ralph M and Altmann Helen R
Bought by
Elgin Lawrence R and Elgin Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.07%

Purchase Details

Closed on
Dec 1, 1994
Sold by
Vandermyn Debbie K and Singer Marilyn N
Bought by
Altmann Ralph M and Altmann Helen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
8.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bode Brian $700,000 Chicago Title
Elgin Lawrence R $190,000 Evergreen Title Company Inc
Altmann Ralph M $155,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bode Brian $595,000
Previous Owner Elgin Lawrence R $152,000
Previous Owner Altmann Ralph M $108,500
Closed Elgin Lawrence R $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $700,000 +2.2% $371 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $685,000 -- $363 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $5,719 $646,800 $401,000 $245,800
2024 $5,719 $658,300 $365,000 $293,300
2023 $5,863 $707,100 $380,000 $327,100
2022 $4,806 $485,400 $267,000 $218,400
2020 $4,171 $409,600 $218,000 $191,600
2019 $3,563 $347,900 $184,000 $163,900
2018 $3,769 $322,300 $166,000 $156,300
2017 $3,292 $285,900 $145,000 $140,900
2016 $3,083 $264,800 $132,000 $132,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1826874

Northwest Multiple Listing Service (NWMLS)

APN: 006806-000-015-00