Listed by John L. Scott Skagit, Bought with COMPASS
NOT LISTED FOR SALE

11080 N Skagit St Unit A Burlington, WA 98233

Estimated Value: $591,000 - $691,000

4 Beds
2 Baths
2,304 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $665,000 $289 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,851/month

8 Days on Market

Highlights

  • No HOA
  • Patio
  • Wood Siding
  • Cul-De-Sac
  • Vinyl Plank Flooring

About This Home

As of September 2022

INVESTOR ALERT! Well-maintained - 0% vacancy on this 2 story immaculate duplex just east of Burlington! 3 bedrooms, 1 1/2 baths. Spacious living area on main floor includes living room, dining room, kitchen & 1/2 bath. Slider to patio. 3 bedrooms, full bath and laundry room on upper level. 1 car garage for each unit. Newer electric furnaces, water heaters. Newer duct work and insulation in crawlspaces. Vinyl plank flooring on main levels. New carpet upstairs. Interiors have been freshly painted and new trim installed on main levels. New metal garage doors. Newer appliances in both units. Septics inspected 8/9/22. Unit A vacant and ready for viewing. Unit B currently leased. Excellent rental history.

Last Agent to Sell the Property

Gail Lewis

John L. Scott Skagit License #8995 Listed on: 08/17/2022

John L. Scott Skagit

Last Buyer's Agent

Mason Stone

COMPASS License #20110029

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1984335

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Burlington Edison Hi High School

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number P80564

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,857

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2304
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, 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: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: N/A
  • WaterCompany: PUD
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 1450

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Burlington
  • High School: Burlington Edison Hi

Lot Info

  • Parcel Number: P80564
  • Lot Size Acres: 0.4098
  • Lot Size Sq Ft: 17851
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: assessor

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 37088
  • Number Of Units Total: 2
  • Insurance Expense: 805
  • Leasable Area: 2304
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3857

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 30, 2022
Sold by
Denise Michaels
Bought by
Michaels Rick
Seller's Agent
Gail Lewis
John L. Scott Skagit
Buyer's Agent
Mason Stone
COMPASS
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%
Current Estimated Value
$629,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,945
Avg. Annual Appreciation
-2.33%
Original Mortgage
$498,750
Outstanding Balance
$482,331
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$139,313

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 13, 2022
Sold by
Lewis Gail E and Lewis Dale P
Bought by
Jones Michelle Rick and Jones Mark Sweet
Seller's Agent
Gail Lewis
John L. Scott Skagit
Buyer's Agent
Mason Stone
COMPASS
List Price
$685,000
Sold Price
$665,000
Premium/Discount to List
-$20,000
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Outstanding Balance
$482,331
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$139,313

Purchase Details

Closed on
Oct 11, 2005
Sold by
Utzinger Donald R and Tillman Kathleen G
Bought by
Lewis Dale P and Lewis Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Michaels Rick -- Chicago Title
Jones Michelle Rick -- Chicago Title
Lewis Dale P $212,247 First American Title Of Skag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Michelle Rick $498,750
Previous Owner Lewis Gail E $174,900
Previous Owner Lewis Dale P $21,219
Previous Owner Lewis Dale P $169,600
Closed Lewis Dale P $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $665,000 -1.5% $289 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $675,000 -1.5% $293 / Sq Ft
08/17/2022 08/17/22 For Sale $685,000 -- $297 / 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 $4,520 $530,600 $269,700 $260,900
2023 $4,520 $510,200 $250,900 $259,300
2022 $3,858 $560,200 $261,000 $299,200
2021 $3,596 $402,900 $158,400 $244,500
2020 $3,576 $346,500 $0 $0
2019 $3,073 $329,400 $0 $0
2018 $3,397 $296,800 $0 $0
2017 $3,021 $257,300 $0 $0
2016 $2,426 $240,500 $90,500 $150,000
2015 $2,608 $206,600 $88,200 $118,400
2013 $3,079 $172,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1984335

Northwest Multiple Listing Service (NWMLS)

APN: P80564