Listed by COMPASS, Bought with Kelly Right RE of Seattle LLC
$416,000
SOLD FEB 19, 2020

12506 2nd St SE Lake Stevens, WA 98258

3 Beds
1 Bath
2,165 Sq Ft
0.98 Acres

Recently Sold

$192 Per Sq Ft

12% Above List Price

2 Days on Market

About This Home

As of November 2020

Attention Investors - Amazing Equity Opportunity in East Lake Stevens! Large split-level 2,165 sq ft home sitting on a .98 acre lot. Huge outbuilding shop for garage or storage. Sold as-is including all items inside home and on property. CASH ONLY. Pre-foreclosure sale, subject to lien holder approval.

Last Agent to Sell the Property

Sam Forselius

COMPASS License #106141 Listed on: 02/03/2020

COMPASS

Last Buyer's Agent

Greg Greene

Kelly Right RE of Seattle LLC License #86771

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1560885

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,291

Year Built

  • Built in 1986

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Composite

Outdoor Features

  • Deck
  • Outbuilding

Additional Features

  • 1 Bathroom
  • Partially Fenced Property
  • Septic System

Community Details

  • East Lake Stevens Community

Listing and Financial Details

  • Assessor Parcel Number 00460400001101

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,291

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Building Information: Built On Lot
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.25
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom: Upper
  • Dining Room: Upper
  • Family Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Estimated Sq Ft: 2165

Exterior Features

  • Exterior: Wood Products
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: East Lake Stevens

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: SNO

Lot Info

  • Lot Details: Paved Street
  • Lot Sq Ft: 42689
  • Parcel Number: 00460400001101

Tax Info

  • Tax Amount: 4652

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Oct 28, 2020
Sold by
Tippro Llc
Bought by
Thompson Samuel W and Thompson Chrystal D
Seller's Agent
Greg Greene
Kelly Right RE of Seattle LLC
Buyer's Agent
Levi Klein
501 Realty
List Price
$725,000
Sold Price
$659,950
Premium/Discount to List
-$65,050
-8.97%
Total Days on Market
2
Current Estimated Value
$828,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,304
Avg. Annual Appreciation
4.87%
Original Mortgage
$626,952
Outstanding Balance
$564,226
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$254,875

Purchase Details

Listed on
Feb 3, 2020
Closed on
Feb 14, 2020
Sold by
Wamba Sherry and Estate Of Alvin E Gullette
Bought by
Tippro Llc
Seller's Agent
Sam Forselius
COMPASS
Buyer's Agent
Greg Greene
Kelly Right RE of Seattle LLC
List Price
$370,000
Sold Price
$416,000
Premium/Discount to List
$46,000
12.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.02%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $659,950 Chicago Title
Special Warranty Deed $416,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,464 Credit Line Revolving
Open $626,952 New Conventional
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $105,800 Unknown
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2020 11/17/20 Sold $659,950 0.0% $305 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $659,950 -2.2% $305 / Sq Ft
09/23/2020 09/23/20 Price Changed $674,950 -3.6% $312 / Sq Ft
08/26/2020 08/26/20 Price Changed $699,950 -3.5% $323 / Sq Ft
08/13/2020 08/13/20 For Sale $725,000 +74.3% $335 / Sq Ft
02/19/2020 02/19/20 Sold $416,000 +12.4% $192 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $370,000 -- $171 / 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 $6,291 $674,200 $354,300 $319,900
2024 $6,291 $629,200 $334,800 $294,400
2023 $6,048 $673,800 $365,500 $308,300
2022 $6,231 $558,500 $307,800 $250,700
2020 $5,115 $426,700 $250,200 $176,500
2019 $4,652 $383,600 $221,300 $162,300
2018 $4,799 $339,000 $183,200 $155,800
2017 $4,154 $301,500 $155,300 $146,200
2016 $4,087 $284,600 $141,400 $143,200
2015 $4,141 $276,000 $124,600 $151,400
2013 $3,440 $216,100 $76,300 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1560885

Northwest Multiple Listing Service (NWMLS)

APN: 004604-000-011-01