Listed by eXp Realty, Bought with Michael J Real Estate LLC
NOT LISTED FOR SALE

Estimated Value: $929,000 - $1,103,457

-- Bed
4 Baths
2,940 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $950,000 $323 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,016/month

115 Days on Market

Highlights

  • Territorial View
  • Vinyl Flooring
  • 1-Story Property
  • No HOA

About This Home

As of November 2022

Beautiful and well-maintained fourplex near Paine Field. This Multi-Family property features four garden-style units located at the end of the street giving it great privacy. The property has been very well-maintained, featuring new landscaping and upgraded units. Units 3 & 4 have been renovated with new flooring, carpets, paint, and fixtures (approx. $30K worth of upgrades). ALL units are occupied, making this property a great asset for your investment portfolio!

Last Agent to Sell the Property

Kekoa Lwin

eXp Realty License #23028853 Listed on: 06/16/2022

eXp Realty

Co-Listed By

Octavio Bustillos

eXp Realty License #21014856

Last Buyer's Agent

Katelynne Best

Michael J Real Estate LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1952809

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,289

Year Built

  • Built in 1958

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Territorial Views

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00418500001300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,289

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1958
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2940
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Block
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3974

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00418500001300
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6190

Multi Family

  • Gross Scheduled Income: 74280
  • Net Operating Income: 60779
  • Number Of Units Total: 4
  • Electric Expense: 864
  • Insurance Expense: 1374
  • Leasable Area: 2940
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7289

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Nov 11, 2022
Sold by
1120 Sw 113Th St Llc
Bought by
Shoreline Rental Multiplicand Llc
Seller's Agent
Kekoa Lwin
eXp Realty
Buyer's Agent
Katelynne Best
Michael J Real Estate LLC
List Price
$999,500
Sold Price
$950,000
Premium/Discount to List
-$49,500
-4.95%
Views
5
Current Estimated Value
$1,015,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,614
Avg. Annual Appreciation
3.47%
Original Mortgage
$712,500
Outstanding Balance
$694,376
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$351,472

Purchase Details

Closed on
Jan 11, 2021
Sold by
Schneider Erin
Bought by
1120 Sw 113St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2020
Sold by
Kepple Stephen and Schneider Erin
Bought by
Schneider Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2020
Sold by
Young Michael Todd and Young Beth Joy
Bought by
Schneider Erin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Bridgeways
Bought by
Young Michael Todd and Young Beth Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,338
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shoreline Rental Multiplicand Llc -- Rainier Title Company
1120 Sw 113St Llc -- Timios Inc
Schneider Erin -- Fidelity National Title
Schneider Erin $806,800 Fidelity National Title
Young Michael Todd $480,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoreline Rental Multiplicand Llc $712,500
Previous Owner Schneider Erin $606,000
Previous Owner Young Michael Todd $412,338
Previous Owner Bridgeways Inc $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $950,000 -5.0% $323 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
09/20/2022 09/20/22 Price Changed $999,500 0.0% $340 / Sq Ft
09/20/2022 09/20/22 For Sale $999,500 +5.2% $340 / Sq Ft
09/16/2022 09/16/22 Off Market $950,000 -- --
08/15/2022 08/15/22 Price Changed $1,099,900 -4.3% $374 / Sq Ft
06/16/2022 06/16/22 For Sale $1,149,900 -- $391 / 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 $7,830 $964,100 $413,900 $550,200
2024 $7,830 $894,100 $342,900 $551,200
2023 $7,008 $830,200 $286,400 $543,800
2022 $7,289 $736,000 $272,900 $463,100
2020 $5,414 $514,000 $245,700 $268,300
2019 $488 $500,000 $197,500 $302,500
2018 $488 $412,000 $191,700 $220,300
2017 $488 $352,000 $174,300 $177,700
2016 $488 $338,000 $166,000 $172,000
2015 $488 $309,000 $161,000 $148,000
2013 $488 $278,000 $161,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1952809

Northwest Multiple Listing Service (NWMLS)

APN: 004185-000-013-00