Listed by Keller Williams Realty Bothell, Bought with Tucker Realty ERA Powered
NOT LISTED FOR SALE

1117 16th St Anacortes, WA 98221

Estimated Value: $479,000 - $617,000

2 Beds
2 Baths
1,248 Sq Ft
$449/Sq Ft Est. Value

Last Sold December 27, 2018

Last sale price $300,000 $240 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,240/month

83 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Disabled Access
  • Anacortes High School Rated A-
  • Corner Lot
  • Wood Siding

About This Home

As of December 2018

**INVESTOR ALERT**Great duplex located on a corner lot in Anacortes! Just blocks from the water!!Zoned R-4 Residential High Density Dist.This 1224 sq ft home offers location to all amenities. 2 blocks from Commercial Ave. 1 bed and 1 bath each side and a 2 car garage. 2-lot potential, Buyer to verify all. This is a great opportunity that is priced to sell.

Last Agent to Sell the Property

Richard Vannoy

Keller Williams Realty Bothell License #23033740 Listed on: 09/01/2018

Keller Williams Realty Bothell

Co-Listed By

Michelle Torset

KW Everett License #25248

Last Buyer's Agent

Joel Semanko

Tucker Realty ERA Powered License #109424

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1352114

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,274

Year Built

  • Built in 1935

Lot Details

  • 6,011 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Accessible Home Design

  • Disabled Access

Community Details

  • Anacortes Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 52
  • Assessor Parcel Number P55217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,274

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1935
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1248
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Post & Block
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Anacortes
  • WaterCompany: City of Anacortes
  • WaterSewerGarbage: 175

Schools

  • Junior High Dist: Anacortes

Lot Info

  • Parcel Number: P55217
  • Lot Size Acres: 0.138
  • Lot Size Sq Ft: 6011
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Disabled Access,Gas Available,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: See Remarks
  • LotNumber: 10

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1350

Multi Family

  • Gross Scheduled Income: 16200
  • Number Of Units Total: 2
  • Insurance Expense: 100
  • Leasable Area: 1248
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Foster Timothy M and Foster Sayuri
Bought by
Clark Steven N and Spring Stella M
Current Estimated Value
$560,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Outstanding Balance
$307,322
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$286,345

Purchase Details

Listed on
Sep 1, 2018
Closed on
Dec 18, 2018
Sold by
Brackett Bruce W and Brackett Julia P
Bought by
Foster Timothy M and Foster Sayuri
Seller's Agent
Richard Vannoy
Keller Williams Realty Bothell
Buyer's Agent
Joel Semanko
Tucker Realty ERA Powered
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Original Mortgage
$225,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2004
Sold by
Brackett Bruce W
Bought by
Brackett Bruce W and Brackett Julia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Clark Steven N $452,000 Land T&E Of Skagit & Island
Foster Timothy M $300,000 Chicago Title
Brackett Bruce W -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Steven N $339,000
Previous Owner Foster Timothy M $225,000
Previous Owner Brackett Bruce W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $300,000 -11.8% $240 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $340,000 -2.9% $272 / Sq Ft
09/01/2018 09/01/18 For Sale $350,000 -- $280 / 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 $3,206 $474,300 $344,500 $129,800
2023 $3,206 $424,800 $280,800 $144,000
2022 $2,836 $415,000 $271,800 $143,200
2021 $2,740 $331,400 $215,800 $115,600
2020 $2,577 $296,800 $0 $0
2019 $2,367 $273,500 $0 $0
2018 $2,273 $250,800 $0 $0
2017 $1,588 $216,900 $0 $0
2016 $1,652 $166,800 $97,500 $69,300
2015 $1,602 $166,800 $97,500 $69,300
2013 $1,618 $166,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1352114

Northwest Multiple Listing Service (NWMLS)

APN: P55217