Listed by eXp Realty, Bought with Pellego, Inc.
NOT LISTED FOR SALE

Estimated Value: $816,000 - $890,536

6 Beds
4 Baths
2,444 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 23, 2019

Last sale price $540,000 $221 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,152/month

21 Days on Market

Highlights

  • Deck
  • Territorial View
  • Property is Fully Fenced
  • Secluded Lot
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of July 2019

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. Each unit is 1,222 Sq Ft, 3 beds and 2 baths, partially fenced in private back yard, washer/dryer hookup, 1-car attached garage for each unit, and newer roof. Close to Boeing, bus stops, parks, major conveniences, and more! 6+% CAP Rate! $3,200/mo. income! Fully occupied. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Mason Hwu

eXp Realty License #20120880 Listed on: 04/26/2019

eXp Realty

Co-Listed By

Tong Chin Wu

WPI Real Estate Services, Inc. License #18933

Last Buyer's Agent

Richard Bascom

Pellego, Inc. License #130441

Pellego, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1446685

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Secluded Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00552300400302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,673

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: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2444
  • Special Features: None
  • Cumulative Days on Market: 355

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3009

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00552300400302
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 28556
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2444
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Vo Johnny P and Vo Vee T
Bought by
Farajallah Walid
Current Estimated Value
$858,175

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jul 16, 2019
Sold by
Quan Jackson W and Quan Nancy N
Bought by
Vo Johnny P and Vo Vee T
Seller's Agent
Mason Hwu
eXp Realty
Buyer's Agent
Richard Bascom
Pellego, Inc.
List Price
$549,950
Sold Price
$540,000
Premium/Discount to List
-$9,950
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1999
Sold by
Brown Randy Jo
Bought by
Interwest Bank

Purchase Details

Closed on
May 12, 1994
Sold by
Ing Md Julita T
Bought by
Cheng Randy N
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
Farajallah Walid $620,000 Stewart Title
Vo Johnny P $540,000 Rainier Title
Interwest Bank $85,220 --
Cheng Randy N -- First American Title Ins Co
Cheng Purita N -- First American Title Ins Co
Quan Jackson W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vo Johnny P $459,000
Previous Owner Quan Jackson W $313,700
Previous Owner Quan Jackson W $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2019 07/23/19 Sold $540,000 -1.8% $221 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $549,950 0.0% $225 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $549,950 -- $225 / 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 $5,445 $768,700 $419,200 $349,500
2024 $5,445 $702,800 $353,300 $349,500
2023 $5,788 $766,400 $383,200 $383,200
2022 $5,444 $624,400 $295,000 $329,400
2020 $3,963 $456,700 $226,000 $230,700
2019 $3,208 $374,300 $177,000 $197,300
2018 $3,673 $369,000 $181,000 $188,000
2017 $3,179 $326,800 $156,000 $170,800
2016 $2,969 $302,300 $136,000 $166,300
2015 $2,935 $270,000 $117,000 $153,000
2013 $2,660 $227,800 $96,000 $131,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1446685

Northwest Multiple Listing Service (NWMLS)

APN: 005523-004-003-02