Listed by Realty ONE Group Orca Gold, Bought with Keller Williams Realty Bothell
NOT LISTED FOR SALE

Estimated Value: $728,509 - $760,000

4 Beds
2 Baths
1,776 Sq Ft
$420/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $699,950 $394 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,480/month

1 Day on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Property is Fully Fenced
  • Patio
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2023

Great Investment Opportunity! New roof, New Exterior paint. Unit A is in great condition with long term tenants and Unit B is in Newly remodeled. Location is situated at the end of a dead end street. Proximity to Boeing and new Paine Field airport entrance make getting to work a breeze. Located close to Kasch Park, walking trails, shopping malls, with a dog park at end of the street. Rents for both units are currently below market value. Each unit is individually fully fenced for tenants (and owners) Privacy and room to enjoy life. Low overhead, good cash flow. Come see the potential for yourself!

Last Agent to Sell the Property

Devan Hegseth

Realty ONE Group Orca Gold License #82227 Listed on: 09/28/2023

Realty ONE Group Orca Gold

Co-Listed By

Rachel Ablacinski

Realty ONE Group Orca Gold License #115857

Last Buyer's Agent

Lizbeth Huaman

Keller Williams Realty Bothell License #130667

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2166677

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Vinyl Plank Flooring

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Paine Field Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00552300100804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,458

Year Built

Built in 1991 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1776
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 334

Interior Features

  • Fireplace: No
  • Flooring: See Remarks, Vinyl Plank
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 188.5

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mukilteo
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00552300100804
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Fenced-Partially,Patio
  • MLSLotSizeSource: realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.25
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 44614
  • Number Of Units Total: 2
  • Insurance Expense: 1356
  • Leasable Area: 1776
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4458

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Oct 13, 2023
Sold by
Big-Wheel Properties Llc
Bought by
Sabra Rami Khaled
Seller's Agent
Devan Hegseth
Realty ONE Group Orca Gold
Buyer's Agent
Lizbeth Huaman
Keller Williams Realty Bothell
List Price
$699,950
Sold Price
$699,950
Views
3
Current Estimated Value
$746,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,177
Avg. Annual Appreciation
0.31%
Original Mortgage
$648,100
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2020
Sold by
Holmstrom Sue A
Bought by
Big Wheel Properties Llc

Purchase Details

Closed on
Dec 31, 2019
Sold by
Holmstrom Sue A
Bought by
The Bank Of New York Mellon and Certificateholders Cwalt Inc

Purchase Details

Closed on
Mar 30, 2006
Sold by
Hansen James M and Holmstrom Sue A
Bought by
Holmstrom Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2002
Sold by
Shirley Judy
Bought by
Holmstrom Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.75%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Holmstrom Sue A
Bought by
Hansen James M and Holmstrom Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.75%
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
Sabra Rami Khaled $699,950 Rainier Title
Big Wheel Properties Llc $374,000 None Available
The Bank Of New York Mellon $336,117 None Available
Holmstrom Sue A $118,325 Financial Title Company
Holmstrom Sue A -- Chicago Title Insurance Co
Hansen James M $72,507 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabra Rami Khaled $653,089
Closed Sabra Rami Khaled $648,100
Previous Owner Breckenridge Property Fund 2016 $249,999
Previous Owner Holmstrom Sue A $289,000
Previous Owner Hansen James M $205,132
Previous Owner Hansen James M $33,315
Previous Owner Hansen James M $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $699,950 0.0% $394 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $699,950 -- $394 / 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 $4,312 $647,600 $364,800 $282,800
2024 $4,312 $556,300 $318,300 $238,000
2023 $4,458 $590,000 $338,200 $251,800
2022 $3,939 $451,600 $234,900 $216,700
2020 $3,150 $362,800 $178,200 $184,600
2019 $2,559 $298,400 $139,500 $158,900
2018 $2,901 $291,400 $142,200 $149,200
2017 $2,532 $260,100 $122,400 $137,700
2016 $2,343 $238,500 $106,200 $132,300
2015 $2,274 $209,100 $90,900 $118,200
2013 $1,886 $161,400 $73,800 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2166677

Northwest Multiple Listing Service (NWMLS)

APN: 005523-001-008-04