Listed by eXp Realty, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

Estimated Value: $723,000 - $915,235

6 Beds
4 Baths
2,444 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $320,000 $131 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,783/month

2 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Cul-De-Sac
  • Wood Siding

About This Home

As of May 2016

Turnkey duplex opportunity for investor in desirable Mukilteo school district. This is perfect for the investor looking for long term rental income, or an owner occupied investment with someone else paying your mortgage for you. Close to Boeing. Each unit is 1,222 Sq Ft, 3 beds and 2 baths, built in 1988, partially fenced in private back yard, washer/dryer hookup, 1-car attached garage for each unit, newer roof, and tenants currently on month-to-month leases. PLS DO NOT DISTURB TENANT!

Last Agent to Sell the Property

Mason Hwu

eXp Realty License #20120880 Listed on: 01/10/2016

eXp Realty

Last Buyer's Agent

Max Rombakh

Windermere Real Estate/East License #27538

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 881370

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,761

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00552300400301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,761

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2444
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00552300400301
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2270

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2761

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2016
Closed on
May 25, 2016
Sold by
Cheng Purita N
Bought by
Hesselman Nathan
Seller's Agent
Mason Hwu
eXp Realty
Buyer's Agent
Max Rombakh
Windermere Real Estate/East
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Current Estimated Value
$812,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,809
Avg. Annual Appreciation
10.29%
Original Mortgage
$314,204
Outstanding Balance
$250,478
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$562,331

Purchase Details

Closed on
Jun 24, 2015
Sold by
Ing Julita T
Bought by
Cheng Purita N

Purchase Details

Closed on
May 7, 2001
Sold by
Cheng Purita N
Bought by
Cheng Purita N and Ing Julita T
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
Hesselman Nathan $320,000 Chicago Title Company Of Wa
Cheng Purita N -- Chicago Title
Cheng Purita N -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hesselman Nathan $314,204
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $320,000 +6.7% $131 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/10/2016 01/10/16 For Sale $300,000 -- $123 / 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 $6,099 $823,400 $371,000 $452,400
2024 $6,099 $787,400 $335,000 $452,400
2023 $5,079 $672,300 $356,000 $316,300
2022 $4,618 $529,500 $261,000 $268,500
2020 $3,721 $428,700 $198,000 $230,700
2019 $3,020 $352,300 $155,000 $197,300
2018 $3,444 $346,000 $158,000 $188,000
2017 $2,985 $306,800 $136,000 $170,800
2016 $2,792 $284,300 $118,000 $166,300
2015 $2,761 $254,000 $101,000 $153,000
2013 $2,660 $227,800 $82,000 $145,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 881370

Northwest Multiple Listing Service (NWMLS)

APN: 005523-004-003-01