Listed by RE/MAX Gateway, Bought with Brown McMillen Real Estate
NOT LISTED FOR SALE

11032 N Skagit St Burlington, WA 98233

Estimated Value: $548,000 - $708,000

4 Beds
1 Bath
2,032 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $385,000 $189 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,691/month

6 Days on Market

Highlights

  • Cul-De-Sac
  • Wall to Wall Carpet
  • 1-Story Property
  • Patio

About This Home

As of September 2020

Single level Duplex in convenient location. Minutes to shopping and I-5. Each unit has 2 bedrooms,1 bath, utility room and single car garages. Fireplaces with propane inserts (that have never been used!). Roomy lot at end of cul de sac with good sized yards. Each side is 1016 sq.ft. + 240 sq.ft garage. NOT in flood plain! Private septic system, no sewer bills! Excellent investment opportunity. Current rents below market.

Last Agent to Sell the Property

Debbie Benjamin

RE/MAX Gateway License #5488 Listed on: 07/23/2020

RE/MAX Gateway

Last Buyer's Agent

Jodi Dynes

Brown McMillen Real Estate License #112355

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1634977

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Cul-De-Sac
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,032 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number P80561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,418

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2032
  • Special Features: None
  • Cumulative Days on Market: 341

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Property Condition: Average
  • 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: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: PUD
  • WaterSewerGarbage: 1348

Schools

  • Junior High Dist: Burlington

Lot Info

  • Parcel Number: P80561
  • Lot Size Acres: 0.3781
  • Lot Size Sq Ft: 16468
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 16034
  • Number Of Units Total: 6
  • Insurance Expense: 800
  • Leasable Area: 2032
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Aug 20, 2020
Sold by
Annett Aaron L and Annett Carrie M
Bought by
Menne Kimberly
Seller's Agent
Debbie Benjamin
RE/MAX Gateway
Buyer's Agent
Jodi Dynes
Brown McMillen Real Estate
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$599,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,821
Avg. Annual Appreciation
9.65%
Original Mortgage
$378,026
Outstanding Balance
$340,761
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$264,002

Purchase Details

Closed on
Nov 29, 2010
Sold by
Annett Aaron L
Bought by
Annett Aaron L and Annett Carrie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
4.18%

Purchase Details

Closed on
Sep 6, 2007
Sold by
Gassler Darrin L
Bought by
Gassler Norma D and Gassler Darrin L
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
Menne Kimberly $6,213,000 Chicago Title
Menne Kimberly $388,000 Chicago Title
Annett Aaron L -- Guardian Northwest Title
Gassler Norma D -- Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menne Kimberly $378,026
Closed Menne Kimberly $378,026
Previous Owner Annett Aaron L $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $385,000 0.0% $189 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $385,000 -- $189 / 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
2024 $4,541 $533,100 $269,700 $263,400
2023 $4,541 $512,700 $250,900 $261,800
2022 $3,688 $563,000 $261,000 $302,000
2021 $3,439 $384,600 $158,400 $226,200
2020 $3,418 $330,900 $0 $0
2019 $2,941 $314,400 $0 $0
2018 $3,244 $283,600 $0 $0
2017 $2,885 $245,300 $0 $0
2016 $2,354 $229,300 $90,500 $138,800
2015 $2,529 $200,200 $88,200 $112,000
2013 $2,985 $166,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1634977

Northwest Multiple Listing Service (NWMLS)

APN: P80561