Listed by Windermere Real Estate/East, Bought with Windermere Real Estate/M2, LLC
NOT LISTED FOR SALE

Estimated Value: $563,000 - $620,000

4 Beds
2 Baths
1,248 Sq Ft
$471/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $250,000 $200 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,475/month

47 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of June 2016

Well maintained and updated duplex, conveniently located in a residential area, with easy access to shopping, bus line and schools. Large back yard and plenty of parking for tenants and guests. Washer and dryer in each unitEarn a tremendous return on your investment with reliable, neat tenants with a Cap Rate of 6.4% and the net operating income yielding over $16K/year this is a great opportunity to start earning a profit from day 1!

Last Agent to Sell the Property

Max Rombakh

Windermere Real Estate/East License #27538 Listed on: 01/06/2016

Windermere Real Estate/East

Last Buyer's Agent

Sharon Harriss

Windermere Real Estate/M2, LLC License #9672

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 881548

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,155

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00371400003400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,155

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1976
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1248
  • Special Features: None

Interior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00371400003400
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1740

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2155

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2016
Closed on
May 26, 2016
Sold by
Tyler Seth S
Bought by
Arlantico Erwin R and Mccall Jessica
Seller's Agent
Max Rombakh
Windermere Real Estate/East
Buyer's Agent
Sharon Harriss
Windermere Real Estate/M2, LLC
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$596,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,373
Avg. Annual Appreciation
9.33%
Original Mortgage
$212,500
Outstanding Balance
$169,237
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$418,435

Purchase Details

Listed on
Apr 25, 2013
Closed on
May 29, 2013
Sold by
Day Daniel J and Day Dawn M
Bought by
Tyler Seth S
Seller's Agent
Joe Platz
KW Everett
Buyer's Agent
Max Rombakh
Windermere Real Estate/East
List Price
$228,878
Sold Price
$225,500
Premium/Discount to List
-$3,378
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$169,125
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2004
Sold by
Kayser Kyle A and Keyser Denise L
Bought by
Day Daniel J and Day Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Doman Scott T and Doman Shirley J
Bought by
Kayser Kyle A and Paresa Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,499
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arlantico Erwin R $250,000 First American Title Ins Co
Tyler Seth S $225,780 First American
Day Daniel J $197,000 Stewart
Kayser Kyle A $174,950 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arlantico Erwin R $212,500
Previous Owner Tyler Seth S $169,125
Previous Owner Day Daniel J $157,600
Previous Owner Kayser Kyle A $172,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2016 06/02/16 Sold $250,000 0.0% $200 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $250,000 +10.9% $200 / Sq Ft
05/31/2013 05/31/13 Sold $225,500 -1.5% $181 / Sq Ft View Prior Sale
04/27/2013 04/27/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $228,878 -- $183 / 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 $4,202 $486,100 $345,000 $141,100
2024 $4,202 $488,100 $347,000 $141,100
2023 $4,080 $495,600 $352,000 $143,600
2022 $3,467 $377,800 $254,000 $123,800
2020 $3,490 $310,200 $203,000 $107,200
2019 $3,122 $279,300 $190,000 $89,300
2018 $2,839 $232,800 $154,000 $78,800
2017 $2,582 $210,900 $131,000 $79,900
2016 $2,289 $196,500 $109,000 $87,500
2015 $2,155 $174,200 $89,000 $85,200
2013 $2,016 $143,800 $58,000 $85,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 881548

Northwest Multiple Listing Service (NWMLS)

APN: 003714-000-034-00