Listed by Windermere RE/North Cascades, Bought with John L. Scott Skagit
NOT LISTED FOR SALE

1220 7th St Unit 1222 Sedro Woolley, WA 98284

Estimated Value: $532,000 - $561,000

4 Beds
1 Bath
1,801 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $260,000 $144 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,263/month

3 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of July 2017

Nice units with long term tenants that take good care of their homes. Good yard, great investment. Microwave above the oven does not work.

Last Agent to Sell the Property

Becky Elde

Windermere RE/North Cascades License #28129 Listed on: 04/24/2017

Windermere RE/North Cascades

Last Buyer's Agent

Kyle Brown

John L. Scott Skagit License #107369

John L. Scott Skagit

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1111693

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,169

Year Built

  • Built in 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 119x60
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cable TV Available

Community Details

  • Sedro Woolley Subdivision

Listing and Financial Details

  • Assessor Parcel Number P75299

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,169

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1801
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Sedro Woolley
  • WaterCompany: PUD
  • WaterSewerGarbage: 369

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 10

Schools

  • Junior High Dist: Sedro Woolley

Lot Info

  • Parcel Number: P75299
  • Lot Size Acres: 0.16
  • Lot Size: 119x60
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully
  • MLSLotSizeSource: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 1800
  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Electric Expense: 40
  • Insurance Expense: 886
  • Leasable Area: 1801
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Boggs Plumbing Llc
Bought by
Massey Jacob L
Current Estimated Value
$552,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$359,703
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$201,970

Purchase Details

Closed on
Feb 8, 2021
Sold by
Boggs Jason and Boggs Tiffany
Bought by
Boggs Plumbing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Outstanding Balance
$359,703
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$201,970

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 8, 2017
Sold by
Francis Katherin T
Bought by
Boggs Jason and Boggs Tiffany
Seller's Agent
Becky Elde
Windermere RE/North Cascades
Buyer's Agent
Kyle Brown
John L. Scott Skagit
List Price
$269,000
Sold Price
$260,000
Premium/Discount to List
-$9,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$195,000
Interest Rate
3.94%

Purchase Details

Closed on
Aug 28, 2013
Sold by
Jkl Investments Llc
Bought by
Francis Colleen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.36%

Purchase Details

Closed on
Nov 1, 2006
Sold by
Francis Colleen C
Bought by
Jkl Investments Llc
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
Massey Jacob L $405,000 Land T&E Of Skagit & Island
Boggs Plumbing Llc -- None Available
Boggs Jason $260,000 Chicago Title Company Of Wa
Francis Colleen C -- None Available
Jkl Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massey Jacob L $397,664
Previous Owner Boggs Jason $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $260,000 -3.3% $144 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $269,000 -- $149 / 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 $4,143 $421,400 $199,800 $221,600
2023 $4,143 $445,500 $217,200 $228,300
2022 $3,538 $435,900 $198,400 $237,500
2021 $2,889 $347,700 $147,900 $199,800
2020 $2,793 $264,800 $0 $0
2019 $2,081 $264,800 $0 $0
2018 $2,362 $242,200 $0 $0
2017 $2,169 $206,800 $0 $0
2016 $2,196 $192,600 $79,800 $112,800
2015 $2,551 $182,400 $75,600 $106,800
2013 $2,421 $184,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1111693

Northwest Multiple Listing Service (NWMLS)

APN: P75299