Listed by The Home Source Team, Bought with John L. Scott Anacortes
NOT LISTED FOR SALE

11062 N Skagit St Burlington, WA 98233

Estimated Value: $536,000 - $626,000

4 Beds
1 Bath
1,984 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $167,000 $84 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $3,500/month

13 Days on Market

Highlights

  • Mountain View
  • High Speed Internet
  • Wall to Wall Carpet
  • Cul-De-Sac
  • Wood Siding
  • 1-Story Property

About This Home

As of April 2013

Excellent investment for the savvy investor- good cash flow & no vacancy in 5 years. Single story layout & great location, large flat lot, all in a quiet setting make this an easy property to keep rented. Both units have wash & dryer hook-ups (tenants supply their own), wood stoves & a 1 car garage. solid tenants with good long-term leases already in place. Don't miss a great opportunity to buy with today's low interest rates & super pricing.

Last Agent to Sell the Property

Roy Chambers

The Home Source Team License #18014 Listed on: 11/02/2012

Last Buyer's Agent

Jones Atterberry

John L. Scott Anacortes License #6971

John L. Scott Anacortes

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 420853

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1979

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in average condition

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

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

Community Details

  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number P80563

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,692

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
  • CalculatedSquareFootage: 1984
  • SOCComments: I always split 50/50 between offices
  • Special Features: 12
  • Cumulative Days on Market: 377

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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, High Speed Internet, Septic System, Electric, Wood
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Burlington

Lot Info

  • Parcel Number: P80563
  • Lot Size Acres: 0.4097
  • Lot Size Sq Ft: 17845
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 1545

Multi Family

  • Gross Scheduled Income: 18540
  • Net Operating Income: 14468
  • Number Of Units Total: 2
  • Insurance Expense: 780
  • Leasable Area: 1984
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 2692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Apr 12, 2013
Sold by
Bono Howard L and Bono Barbara J
Bought by
Rogers Jon C and Rogers Elisa A
Seller's Agent
Roy Chambers
The Home Source Team
Buyer's Agent
Jones Atterberry
John L. Scott Anacortes
List Price
$140,000
Sold Price
$167,000
Premium/Discount to List
$27,000
19.29%
Current Estimated Value
$577,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,624
Avg. Annual Appreciation
10.46%
Original Mortgage
$125,250
Outstanding Balance
$90,076
Interest Rate
3.51%
Estimated Equity
$482,044

Purchase Details

Closed on
Jul 23, 2004
Sold by
Redford Charles
Bought by
Bono Howard L and Bono Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.5%
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
Rogers Jon C $167,280 Chicago Title
Bono Howard L $190,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Jon C $125,250
Previous Owner Bono Howard L $203,200
Previous Owner Bono Howard L $152,000
Closed Bono Howard L $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $167,000 +19.3% $84 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $140,000 -- $71 / 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 $4,309 $506,100 $269,700 $236,400
2023 $4,309 $485,800 $250,900 $234,900
2022 $3,640 $532,100 $261,000 $271,100
2021 $3,395 $379,400 $158,400 $221,000
2020 $3,373 $326,500 $0 $0
2019 $2,903 $310,100 $0 $0
2018 $3,200 $279,800 $0 $0
2017 $2,846 $241,900 $0 $0
2016 $2,324 $226,100 $90,500 $135,600
2015 $2,498 $197,600 $88,200 $109,400
2013 $2,948 $164,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 420853

Northwest Multiple Listing Service (NWMLS)

APN: P80563