Listed by Windermere Real Estate/M2, LLC, Bought with Realty One Group Orca
NOT LISTED FOR SALE

11113 S Lake Stevens Rd Unit A-C Lake Stevens, WA 98258

South Lake Stevens Neighborhood

Estimated Value: $1,260,000 - $1,408,000

7 Beds
6 Baths
4,406 Sq Ft
$301/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $740,000 $168 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,898/month

6 Days on Market

Highlights

  • 4.19 Acre Lot
  • Thermal Windows
  • Wall to Wall Carpet
  • Glenwood Elementary School Rated A-
  • Wood Siding

About This Home

As of January 2018

Beautiful quality triplex in Lake Stevens w/room for expansion on 4.19ac. Property features (2) 3bd, 2.5ba @ $1650-$1750/mo; (1) 1bd, 1ba @ $750-850/mo; (1) storage approx 22'x44' in use by owner; (1) 750sf unfinished/extra unit. Ideal long term investment w/quality construction from 2008, low maintenance design, hard-plank, 30yr comp roof, tile surrounds in baths, real wood trim & cabinets, paved parking, gas fp, 2 car garages, vaulted ceilings, walk-in closets.

Last Agent to Sell the Property

Jen Hudson

Windermere Real Estate/M2, LLC License #23961 Listed on: 11/22/2017

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Merrilee O’Brien

Realty One Group Orca License #105144

Realty One Group Orca

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1217601

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,483

Year Built

  • Built in 2008

Lot Details

  • 4.19 Acre Lot
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 4,406 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00493000002200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,483

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4406
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 500

Schools

  • Junior High Dist: Lake Stevens

Lot Info

  • Parcel Number: 00493000002200
  • Lot Size Acres: 4.19
  • Lot Size Sq Ft: 182516
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4150

Multi Family

  • Gross Scheduled Income: 49800
  • Net Operating Income: 42617
  • Number Of Units Total: 5
  • Insurance Expense: 1200
  • Leasable Area: 4406
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bhullar Jaswinder and Bhullar Sukhpreet
Bought by
Hoverson Lynne Ellen
Current Estimated Value
$1,326,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$512,962
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$813,328

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 8, 2018
Sold by
Granstrom Kristian C and Granstrom Jeanine M
Bought by
Bhullar Jaswinder and Bhullar Sukhpreet
Seller's Agent
Jen Hudson
Windermere Real Estate/M2, LLC
Buyer's Agent
Merrilee O’Brien
Realty One Group Orca
List Price
$729,950
Sold Price
$740,000
Premium/Discount to List
$10,050
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$245,000
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 5, 2009
Sold by
Goldmark Enterprises Inc
Bought by
Granstrom Kristian C and Granstrom Jeanine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2006
Sold by
Marks Mary Lee
Bought by
Goldmark Enterprises Inc

Purchase Details

Closed on
Dec 27, 1972
Sold by
Odegard Emma J
Bought by
Marks Edwin P and Marks Mary Lee
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
Hoverson Lynne Ellen $962,500 Chicago Title
Bhullar Jaswinder $740,000 Chicago Title
Granstrom Kristian C $14,044 Chicago
Goldmark Enterprises Inc $105,000 Chicago Title
Marks Edwin P $8,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoverson Lynne Ellen $577,500
Previous Owner Bhullar Jaswinder $245,000
Previous Owner Granstrom Kristian C $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $740,000 +1.4% $168 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $729,950 -- $166 / 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 $10,068 $1,180,400 $345,700 $834,700
2024 $10,068 $1,108,200 $302,900 $805,300
2023 $9,803 $1,169,600 $337,400 $832,200
2022 $9,609 $897,700 $255,500 $642,200
2020 $8,591 $744,700 $223,000 $521,700
2019 $7,288 $636,600 $193,200 $443,400
2018 $6,856 $554,400 $200,800 $353,600
2017 $5,483 $499,000 $162,600 $336,400
2016 $5,078 $428,200 $136,200 $292,000
2015 $4,882 $381,700 $100,900 $280,800
2013 $4,327 $295,300 $79,500 $215,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1217601

Northwest Multiple Listing Service (NWMLS)

APN: 004930-000-022-00