Listed by COMPASS, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,081,000 - $1,281,500

6 Beds
6 Baths
3,534 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $590,000 $167 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,872/month

6 Days on Market

Highlights

  • 0.42 Acre Lot
  • Wood Flooring
  • Wood Siding
  • Territorial View
  • High Speed Internet

About This Home

As of June 2017

Outstanding investment for the money. Totally Remodeled duplex on a shy 1/2 acre. 3 bedrooms, 2.5 baths on each side both with 2 car garage. Nearly 1800 sq. ft. each side. Fully fenced yards. Impressive remodeling on both sides. Maple cabinets, hardwood floors, jetted tub. Updated appliances. six panel doors & so much more. High ceilings. fireplace each side. Grand sized living rooms. Always rented and opportunistic solid cash flow. Tremendous level lot size. Oversized 2 car garages.

Last Agent to Sell the Property

Steve & Meriam Knoblaugh

COMPASS License #25542 Listed on: 05/18/2017

COMPASS

Last Buyer's Agent

Loc Nguyen

Skyline Properties, Inc. License #87467

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1127876

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,051

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.42

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,534 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Olivia Park Elementary School
  • Explorer Mid Middle School
  • Mariner High School

Additional Features

  • 0.42 Acre Lot
  • High Speed Internet

Community Details

  • Remodeled Duplex On Shy 1/2 Acre Condos
  • Silver Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00480401501200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,051

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1990
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Remodeled duplex on shy 1/2 acre
  • New Construction: No
  • CalculatedSquareFootage: 3534
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: pud
  • SewerCompany: Silver Lake
  • WaterCompany: Silver Lake
  • WaterSewerGarbage: 2040

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Explorer Mid

Lot Info

  • Parcel Number: 00480401501200
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: scr

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3650

Multi Family

  • Gross Scheduled Income: 43800
  • Net Operating Income: 35809
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 4571
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5051

MLS Schools

  • Elementary School: Olivia Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jun 15, 2017
Sold by
Halawa Nagham
Bought by
Farajallah Walid
Seller's Agent
Steve & Meriam Knoblaugh
COMPASS
Buyer's Agent
Loc Nguyen
Skyline Properties, Inc.
List Price
$599,950
Sold Price
$590,000
Premium/Discount to List
-$9,950
-1.66%
Current Estimated Value
$1,157,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$567,625
Avg. Annual Appreciation
7.45%
Original Mortgage
$389,940
Outstanding Balance
$323,682
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$743,778

Purchase Details

Closed on
Oct 22, 2015
Sold by
Blunk Ronald E and Blunk Kristi M
Bought by
Parker Chris King and Parker Jenelle Ludlow

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,954
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Apr 20, 2001
Sold by
Darling Jack E and Darling Sandra K
Bought by
Blunk Ronald H and Blunk Kristi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,960
Interest Rate
6.98%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Graafstra Thom H and Nicholas Roland H
Bought by
Darling Jack E and Darling Sandra K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
7.86%

Purchase Details

Closed on
Sep 17, 1993
Sold by
Graafstra Julie A
Bought by
Graafstra Thom H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Farajallah Walid -- First American Title
Farajallah Walid $590,000 First American Title
Parker Chris King $463,000 Ticor Title
Blunk Ronald H $289,950 Old Republic Title Ltd
Darling Jack E $272,000 Fidelity National Title
Graafstra Thom H -- --
Rod Nicholas Roland A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farajallah Walid $389,940
Previous Owner Parker Chris King $472,954
Previous Owner Blunk Ronald H $231,960
Previous Owner Darling Jack E $244,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $590,000 -1.7% $167 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $599,950 -- $170 / 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 $8,816 $1,058,600 $410,000 $648,600
2024 $8,816 $1,035,500 $380,000 $655,500
2023 $8,276 $1,013,300 $395,000 $618,300
2022 $7,715 $798,900 $274,000 $524,900
2020 $6,665 $670,300 $220,000 $450,300
2019 $5,725 $575,100 $190,000 $385,100
2018 $5,558 $486,100 $162,000 $324,100
2017 $5,051 $451,100 $146,000 $305,100
2016 $5,057 $449,300 $127,000 $322,300
2015 $5,333 $435,100 $117,000 $318,100
2013 $3,842 $289,000 $88,000 $201,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1127876

Northwest Multiple Listing Service (NWMLS)

APN: 004804-015-012-00