Listed by Windermere RE Skagit Valley, Bought with Integris Real Estate
NOT LISTED FOR SALE

11035 N Skagit St Burlington, WA 98233

Estimated Value: $544,000 - $636,000

4 Beds
1 Bath
1,920 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $380,000 $198 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,646/month

4 Days on Market

Highlights

  • Docks
  • Secluded Lot
  • Cul-De-Sac
  • Deck
  • Territorial View
  • High Speed Internet

About This Home

As of August 2020

Fantastic investment opportunity! Single level Duplex in a great commuter location, just outside city limits; only minutes to I-5, downtown Burlington & Sedro Woolley shopping and all medical. Each unit has 2 bedrooms, 1 bath, utility rooms, plus single car garages with storage. Units also provide a big fenced back yard, BBQ patios, and easy care landscape. Nice cul-de-sac of duplexes & backed to open fields. Private septics, so no sewer bills! Live in one side and rent out the other.

Last Agent to Sell the Property

Elizabeth Miller

Windermere RE Skagit Valley License #82093 Listed on: 06/04/2020

Windermere RE Skagit Valley

Last Buyer's Agent

Brady Roberts

Integris Real Estate License #126487

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1610392

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 1,920 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Docks
  • Deck

Schools

  • Lucille Umbarger Ele Elementary School
  • Out Of District Middle School
  • Burlington Edison Hi High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Burlington Hill Estates Condos
  • Burlington Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number P80559

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,678

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Burlington Hill Estates
  • New Construction: No
  • CalculatedSquareFootage: 1920
  • Special Features: VirtualTour
  • Cumulative Days on Market: 358

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: N/A
  • WaterCompany: Skagit PUD #1
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Burlington
  • High School: Burlington Edison Hi
  • Middle Or Junior School: Out of District

Lot Info

  • Parcel Number: P80559
  • Lot Size Acres: 0.39
  • Lot Size Sq Ft: 16988
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dock,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Skagitcounty.net
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Multi Family

  • Gross Scheduled Income: 25200
  • Net Operating Income: 18422
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1920
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3678

MLS Schools

  • Elementary School: Lucille Umbarger Ele

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Aug 14, 2020
Sold by
Fine Donald R and Fine Mary M
Bought by
Lambert Nicole and Thomason Max
Seller's Agent
Elizabeth Miller
Windermere RE Skagit Valley
Buyer's Agent
Brady Roberts
Integris Real Estate
List Price
$365,000
Sold Price
$380,000
Premium/Discount to List
$15,000
4.11%
Current Estimated Value
$599,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,435
Avg. Annual Appreciation
8.48%
Original Mortgage
$373,117
Outstanding Balance
$334,681
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$237,032

Purchase Details

Closed on
Aug 11, 2010
Sold by
The Bank Of New York Mellon
Bought by
Fine Donald R and Fine Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.51%

Purchase Details

Closed on
Jul 7, 2009
Sold by
Ellis John and Ellis Shannon
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 9, 2005
Sold by
Ellis Shannon
Bought by
Ellis John

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
5.76%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Hendrickson Gary W and Hendrickson Cheryl
Bought by
Ellis John

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
5.76%
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
Lambert Nicole $380,000 Land Title & Escrow Of Skagi
Fine Donald R $155,280 Guardian Northwest Title Co
The Bank Of New York Mellon $186,150 Chicago Title Co
Ellis John -- First American Title Of Skag
Ellis John $250,280 First American Title Of Skag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomason Nicole $70,000
Open Lambert Nicole $373,117
Previous Owner Fine Donald R $157,350
Previous Owner Fine Donald R $124,000
Previous Owner Ellis John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $380,000 -1.3% $198 / Sq Ft
07/22/2020 07/22/20 Price Changed $385,000 +5.5% $201 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $365,000 -- $190 / 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 $4,558 $492,300 $269,700 $222,600
2023 $4,558 $472,100 $250,900 $221,200
2022 $3,915 $516,200 $261,000 $255,200
2021 $3,664 $371,900 $158,400 $213,500
2020 $3,678 $320,100 $0 $0
2019 $3,209 $303,900 $0 $0
2018 $3,485 $274,400 $0 $0
2017 $3,134 $237,000 $0 $0
2016 $2,622 $221,500 $90,500 $131,000
2015 $2,463 $194,800 $88,200 $106,600
2013 $2,906 $162,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1610392

Northwest Multiple Listing Service (NWMLS)

APN: P80559