NOT LISTED FOR SALE

Estimated Value: $534,000 - $585,853

2 Beds
1 Bath
1,020 Sq Ft
$553/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $390,000 $382 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,345/month

Highlights

  • Territorial View
  • Detached Garage
  • Wood Siding
  • 1 Fireplace
  • Level Lot

About This Home

As of March 2021

**Attention Builders** 14,810 sq ft lot zoned at R-9600. Value in land with 2 bdrm/ 1 bath fixer home in average condition with detached 2bdrm garage or shop. Tenants just moved out this and rented for $1,200 so one could easily do so again while waiting on permits. Perfect site for a new duplex OR apply for a zoning change to R-7200 and subdivide into 2 lots. Property is mostly level with a slight slope to the south. Agent is related to seller

Last Agent to Sell the Property

Tim Butler

Olympic Properties Inc. License #32999 Listed on: 12/21/2020

Last Buyer's Agent

Wade Rowley

John L. Scott, Inc. License #116064

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1694560

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 1952

Lot Details

  • Level Lot
  • Property is zoned R-9600

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Territorial Views

Community Details

  • Martha Lake Community

Listing and Financial Details

  • Assessor Parcel Number 00374900005001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,227

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Approved Number of Bedrooms: 3
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Estimated Sq Ft: 1020
  • Square Footage Finished: 1020

Exterior Features

  • Exterior: Wood
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Detached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Baseboard
  • Power Company: PUD
  • Septic Approved for Number of Bedrooms: 3
  • Sewer Company: septic
  • Water Company: Everett
  • Water Heater: Main-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Martha Lake
  • Project: Alderwood Manor 25

Schools

  • Elementary School: Discvy Elem
  • Middle School: Voyager Mid
  • High School: Mariner High
  • School District: MUK

Lot Info

  • Lot Number: 50
  • Lot Dimensions: See plat map
  • Lot Sq Ft: 14810
  • Lot Topography Vegetation: Level
  • Parcel Number: 00374900005001
  • Zoning Code: R-9600
  • Zoning Jurisdiction: County
  • Lot Topography: Level

Tax Info

  • Tax Amount: 3307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2020
Closed on
Mar 1, 2021
Sold by
Butler Jeffrey T
Bought by
Chetry Gagan and Chetry Manju B
Seller's Agent
Tim Butler
Olympic Properties Inc.
Buyer's Agent
Wade Rowley
John L. Scott, Inc.
List Price
$449,500
Sold Price
$390,000
Premium/Discount to List
-$59,500
-13.24%
Current Estimated Value
$564,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,463
Avg. Annual Appreciation
9.23%
Original Mortgage
$292,500
Outstanding Balance
$266,929
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$316,483

Purchase Details

Closed on
May 3, 2010
Sold by
Cole Andrea B
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 23, 2003
Sold by
Bavand Butler Marisa
Bought by
Butler Jeffrey T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
Sold by
Kastler Ellen
Bought by
Butler Jeffrey T

Purchase Details

Closed on
Oct 15, 2001
Sold by
K K Investments
Bought by
Kastler Ellen M
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
Chetry Gagan $390,000 Cw Title
Deutsche Bank National Trust Company $197,043 None Available
Butler Jeffrey T -- --
Butler Jeffrey T $140,000 --
Kastler Ellen M -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chetry Gagan $292,500
Previous Owner Butler Jeffrey T $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $390,000 -9.2% $382 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $429,500 -4.4% $421 / Sq Ft
12/21/2020 12/21/20 For Sale $449,500 -- $441 / 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 $4,227 $489,000 $435,000 $54,000
2024 $4,227 $494,000 $440,000 $54,000
2023 $4,257 $520,300 $465,000 $55,300
2022 $3,812 $393,300 $300,000 $93,300
2020 $3,430 $344,900 $261,000 $83,900
2019 $2,800 $280,600 $198,000 $82,600
2018 $2,582 $249,100 $198,000 $51,100
2017 $2,219 $196,500 $152,000 $44,500
2016 $2,035 $178,300 $134,000 $44,300
2015 $2,064 $165,800 $122,000 $43,800
2013 $1,799 $134,500 $94,000 $40,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1694560

Northwest Multiple Listing Service (NWMLS)

APN: 003749-000-050-01