Listed by Windermere Real Estate/M2, LLC, Bought with Agile Property Management LLC
NOT LISTED FOR SALE

Estimated Value: $966,000 - $1,207,487

6 Beds
5 Baths
3,740 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 30, 2016

Last sale price $475,000 $127 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,353/month

27 Days on Market

Highlights

  • Patio
  • Dog Run
  • Wood Siding
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of December 2016

Opportunity Knocks! 3 bedroom 2.5 bath on over 1/3 acre with rare 1870 square feet on both sides. Upstairs a master bedroom w/walk in closets & 2 huge bedrooms. Unit A kitchen has been updated w/new cabinets & new counters. Laminated flooring, brick fireplaces, dining room, a separate utility room w/half bath on main level in both identical units. 2 car attached garage w/lots of back yard area to play or garden. Close to all amenities, plus Puget Sound Bay & Silver Lake waterfront activities!

Last Agent to Sell the Property

Elly Smith

Windermere Real Estate/M2, LLC License #16068 Listed on: 09/30/2016

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Theresa Neal

Agile Property Management LLC License #111615

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1035827

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Dog Run
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,740 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Mariner High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Silver Acres Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 32 / 7
  • Assessor Parcel Number 00574200003200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,274

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Silver Acres
  • New Construction: No
  • CalculatedSquareFootage: 3740
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Pud
  • SewerCompany: Alderwood Water
  • WaterCompany: Alderwood Water
  • WaterSewerGarbage: 225

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High

Lot Info

  • Parcel Number: 00574200003200
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15245
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dog Run,Fenced-Partially,Patio
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 32

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 2750
  • Net Operating Income: 2750
  • Number Of Units Total: 2
  • Insurance Expense: 150
  • Leasable Area: 3740
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2019
Sold by
Chandaka Venkata Ramanamurthy
Bought by
Chandaka Venkata Ramanamurthy and Majji Madhuri
Current Estimated Value
$1,076,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2019
Sold by
Harris Bill and Harris Debbie
Bought by
Urban Lifestyle 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 30, 2016
Closed on
Dec 29, 2016
Sold by
Grissom Mimi N
Bought by
Harris Debbie and Harris Bill
Seller's Agent
Elly Smith
Windermere Real Estate/M2, LLC
Buyer's Agent
Theresa Neal
Agile Property Management LLC
List Price
$499,950
Sold Price
$475,000
Premium/Discount to List
-$24,950
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$356,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2013
Sold by
Grissom Mimi N
Bought by
Grissom Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2005
Sold by
Rollins Tom and Rollins Lou Ann
Bought by
Grissom Roger J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.9%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 16, 1998
Sold by
Sparks Janine A N and Sparks Brian Frank
Bought by
Rollins Thomas and Rollins Lou Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
6.58%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Vantrojen Donald M
Bought by
Sparks Brian Frank and Sparks Janine A N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.83%
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
Chandaka Venkata Ramanamurthy -- Cw Title
Chandaka Venkata Ramanamurthy -- Cw Title
Urban Lifestyle 2 Llc $575,000 Stewart Title Company
Harris Debbie $475,000 First American Title Ins Co
Grissom Roger -- Fidelity National Title Co
Grissom Roger J $355,000 Ort
Rollins Thomas $255,000 Evergreen Title Company Inc
Sparks Brian Frank $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandaka Venkata Ramanamurthy $402,000
Previous Owner Urban Lifestyle 2 Llc $390,000
Previous Owner Harris Debbie $356,250
Previous Owner Grissom Roger $275,000
Previous Owner Grissom Roger J $284,000
Previous Owner Rollins Thomas $79,000
Previous Owner Sparks Brian Frank $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2016 12/30/16 Sold $475,000 -5.0% $127 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $499,950 0.0% $134 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $499,950 -- $134 / 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 $7,750 $940,200 $436,000 $504,200
2024 $7,750 $904,200 $400,000 $504,200
2023 $7,977 $974,700 $415,000 $559,700
2022 $7,398 $764,100 $289,000 $475,100
2020 $6,436 $646,400 $231,000 $415,400
2019 $5,547 $556,300 $201,000 $355,300
2018 $5,761 $504,700 $171,000 $333,700
2017 $4,579 $406,800 $153,000 $253,800
2016 $4,274 $376,100 $133,000 $243,100
2015 $4,302 $346,900 $123,000 $223,900
2013 $3,537 $264,500 $88,000 $176,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1035827

Northwest Multiple Listing Service (NWMLS)

APN: 005742-000-032-00