Listed by The Preview Group, Bought with Olympic View Realty
NOT LISTED FOR SALE

Estimated Value: $796,118 - $857,000

4 Beds
4 Baths
1,880 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $765,000 $407 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,078/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • No HOA
  • Lake View
  • Secluded Lot
  • Cul-De-Sac

About This Home

As of March 2022

Incredible Duplex in Downtown Lake Stevens on a massive .33 acre lot with partial Lake view. So much Extra parking for your ski boat, RV or shop. Both units in amazing shape have vaulted ceilings, extra storage & oversize garages. 2 large bedrooms, with en-suites including 1.5 baths each unit. Kitchens have stainless appliances, lots of windows. Walking distance to schools and the city center. Long term tenants are wonderful so the Owner has had zero vacancies. This is AN INCREDIBLE location. Force air heat with an energy package. Fenced rear yards with decks, tall trees and completely private. Live in 1 side , rent the other at $1800 or more. Have all your toys and walk to downtown or Lake Stevens.

Last Agent to Sell the Property

Christopher Gough

The Preview Group License #24310 Listed on: 01/28/2022

Last Buyer's Agent

Elena Neely

Olympic View Realty License #50104

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1882219

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 1987

Lot Details

  • 0.33 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in very good condition

Property Views

  • Lake
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Parking

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

Schools

  • Sunnycrest Elementary School
  • North Lake Mid Middle School
  • Lake Stevens Snr Hig High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29060800214100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,282

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • Special Features: VirtualTour
  • Cumulative Days on Market: 348

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Lake, Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Open Space, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: PUD
  • WaterCompany: PUD
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 2556

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Stevens
  • High School: Lake Stevens Snr Hig
  • Middle Or Junior School: North Lake Mid

Lot Info

  • Parcel Number: 29060800214100
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,RV Parking
  • MLSLotSizeSource: title
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 36112
  • Number Of Units Total: 2
  • Insurance Expense: 1050
  • Leasable Area: 1880
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5282

MLS Schools

  • Elementary School: Sunnycrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Steinmetz Brian R
Bought by
Steinmetz Brian R and Steinmetz Laura Christine
Current Estimated Value
$837,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Outstanding Balance
$273,131
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$558,972

Purchase Details

Closed on
Sep 1, 2014
Sold by
Leilani Holdings Llc
Bought by
Steinmetz Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Baker Brock G and Walker Kerry D
Bought by
Leilani Holdings Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Baker Brock G and Walker Kerry D
Bought by
Walker Kerry D and Walker Phyllis W

Purchase Details

Closed on
Mar 2, 2004
Sold by
Pender Frank M
Bought by
Walker Phyllis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,992
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2001
Sold by
Kieswetter Kent D
Bought by
Reedy Tim A and Reedy Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,400
Interest Rate
6.73%

Purchase Details

Closed on
May 21, 1999
Sold by
Lozier Russell W and Lozier Michelle C
Bought by
Kieswetter Kent D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,487
Interest Rate
6.86%
Mortgage Type
FHA
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
Steinmetz Brian R -- Old Republic Title Ltd
Steinmetz Brian $292,500 Chicago Title
Leilani Holdings Llc -- None Available
Walker Kerry D $1,123 None Available
Walker Phyllis W -- Old Republic Title Ltd
Baker Brock G $229,950 Old Republic Title Ltd
Reedy Tim A $195,500 Transnation Title Insurance
Kieswetter Kent D $180,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinmetz Brian R $303,000
Closed Steinmetz Brian R $303,000
Closed Steinmetz Brian $219,000
Previous Owner Walker Kerry D $222,300
Previous Owner Baker Brock G $141,992
Previous Owner Reedy Tim A $156,400
Previous Owner Kieswetter Kent D $158,487
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $765,000 +2.7% $407 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $745,000 -- $396 / 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 $6,185 $715,100 $351,000 $364,100
2024 $6,185 $670,500 $315,000 $355,500
2023 $6,144 $722,600 $350,000 $372,600
2022 $5,750 $533,100 $254,000 $279,100
2020 $5,157 $445,800 $215,000 $230,800
2019 $4,696 $398,000 $192,000 $206,000
2018 $4,598 $367,600 $163,000 $204,600
2017 $3,643 $326,800 $137,000 $189,800
2016 $3,453 $287,100 $123,000 $164,100
2015 $3,079 $236,000 $105,000 $131,000
2013 $3,074 $207,000 $68,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1882219

Northwest Multiple Listing Service (NWMLS)

APN: 290608-002-141-00