NOT LISTED FOR SALE

Estimated Value: $680,000 - $886,000

5 Beds
3 Baths
2,548 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $625,000 $245 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,912/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Patio
  • Wood Siding
  • 0.53 Acre Lot
  • Vinyl Plank Flooring
  • 5-minute walk to Lake Stevens Public Boat Launch

About This Home

As of April 2021

Turn-key cashflow opportunity! Don't miss out on this amazing location near downtown Lake Stevens and Davies beach. Large lot may offer potential to build. All 3 units are updated and there's plenty of parking as well as garage space. Back porches offer your own private oasis just minutes from all the Lake Steven's action.

Last Agent to Sell the Property

Shannon Glenn

CENTURY 21 Real Estate Center License #110056 Listed on: 02/25/2021

CENTURY 21 Real Estate Center

Last Buyer's Agent

Racheal LaMar

Realty One Group Orca License #128760

Realty One Group Orca

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1734594

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,806

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • 0.53

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring

Parking

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

Additional Features

  • Patio
  • 0.53 Acre Lot

Community Details

  • Downtown Lk Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29060800404500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,806

Year Built

Built in 1917 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1917
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2548
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 286

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

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

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Lake Stevens Water & Sewer
  • WaterCompany: Lake Stevens Water & Sewer
  • WaterSewerGarbage: 3781

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lake Stevens
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 29060800404500
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23087
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,RV Parking
  • MLSLotSizeSource: NWMLS
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4200

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 38970
  • Number Of Units Total: 3
  • Electric Expense: 943
  • Insurance Expense: 1900
  • Leasable Area: 2548
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4806

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 8, 2021
Sold by
Soderberg Merdith
Bought by
Soderberg Justin
Seller's Agent
Shannon Glenn
CENTURY 21 Real Estate Center
Buyer's Agent
Racheal LaMar
Realty One Group Orca
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%
Total Days on Market
11
Current Estimated Value
$792,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,492
Avg. Annual Appreciation
5.86%
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,857

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 5, 2021
Sold by
Mcelliott David S and Mcelliott Jennifer C
Bought by
Norling Matthew and Soderberg Justin
Seller's Agent
Shannon Glenn
CENTURY 21 Real Estate Center
Buyer's Agent
Racheal LaMar
Realty One Group Orca
List Price
$575,000
Sold Price
$625,000
Premium/Discount to List
$50,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,857

Purchase Details

Listed on
Jul 19, 2017
Closed on
Oct 3, 2017
Sold by
Douglass Aaron and Douglass Renee
Bought by
Mcelliott David S and Mcelliott Jennifer C
Seller's Agent
Kate Johansen
COMPASS
Buyer's Agent
S Jay McGinnis
Coldwell Banker Bain
List Price
$375,000
Sold Price
$363,363
Premium/Discount to List
-$11,637
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.76%
Original Mortgage
$271,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jun 17, 2014
Sold by
Dujardin David and Dujardin Ann
Bought by
Douglass Aaron and Douglass Renee
Seller's Agent
Robert Fraker
Tutmarc Realty
Buyer's Agent
Ted Wright
Coldwell Banker Danforth
List Price
$289,950
Sold Price
$272,000
Premium/Discount to List
-$17,950
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$272,000
Interest Rate
4.17%
Mortgage Type
VA

Purchase Details

Closed on
Oct 11, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Dujardin David and Dujardin Anne

Purchase Details

Closed on
Apr 11, 2011
Sold by
Bowman Christian A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 26, 2003
Sold by
Allen Michael E and Allen Sheila A
Bought by
Bowman Christian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,160
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 1995
Sold by
Bolton Beneva S and Allen Beneva S
Bought by
Allen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,224
Interest Rate
7.61%
Mortgage Type
Assumption
Source: Public Records

Similar Homes in Lake Stevens, WA

  • 3022 99th Ave NE, Lake Stevens, WA 98258

    $699,900

    • 4 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 3022 99th Ave NE
    • Lake Stevens, WA

    {ATTENTION INVESTORS WANTING TO START/BUILD YOUR PORTFOLIO} This attractive, affordable duplex can be yours! 2 BR, 1 BTH units with fireplaces and all appliances included. Primary bedroom has slider to deck. Very clean and semi-updated units have virtually -0- vacancy rate. Wood and brick siding, paved to front doors for minimal front yard maintenance, huge back deck and fenced backyard! Backyard

    Jennifer Leigh Windermere RE Arlington

    Section Image
  • 9719 5th St NE, Lake Stevens, WA 98258

    $775,000

    • 5 Beds
    • 2 Baths
    • 1,780 Sq Ft
    • 9719 5th St NE
    • Lake Stevens, WA

    Investor Alert! Fantastic Duplex Opportunity in the Heart of Lake Stevens! Well-maintained and zero vacancy history — this property is a reliable income producer with room for value-add potential. Nestled in a quiet cul-de-sac within a sought-after neighborhood and top-rated school district. The property features:Unit A: 3 Bed / 1 Bath with 2-Car Garage-Unit B: 2 Bed / 1 Bath with 1-Car Garage

    Haruichi Bearden Bushnell Real Estate Solutions

    Section Image

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
Soderberg Justin -- None Available
Norling Matthew $625,000 Fidelity National Title
Mcelliott David S $363,363 Ticor Title Company
Douglass Aaron $272,000 Rainier Title
Dujardin David $134,280 Accommodation
Hsbc Bank Usa National Association $250,000 None Available
Bowman Christian A $242,700 Stewart
Allen Michael -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norling Matthew $500,000
Previous Owner Mcelliott Jennifer Chen $280,000
Previous Owner Mcelliott David S $271,500
Previous Owner Douglass Aaron $264,500
Previous Owner Douglass Aaron $272,000
Previous Owner Douglass Aaron $272,000
Previous Owner Bowman Christian A $47,964
Previous Owner Bowman Christian A $194,160
Previous Owner Allen Michael $154,224
Closed Bowman Christian A $36,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $625,000 +8.7% $245 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $575,000 0.0% $226 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $575,000 +58.2% $226 / Sq Ft
10/10/2017 10/10/17 Sold $363,363 -3.1% $177 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $375,000 +37.9% $183 / Sq Ft
06/20/2014 06/20/14 Sold $272,000 -6.2% $107 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $289,950 -- $114 / 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 $5,775 $675,000 $339,400 $335,600
2024 $5,775 $624,000 $322,400 $301,600
2023 $5,122 $597,000 $298,400 $298,600
2022 $5,419 $474,000 $240,300 $233,700
2020 $4,806 $390,000 $304,800 $85,200
2019 $5,118 $416,900 $273,700 $143,200
2018 $4,195 $325,100 $187,000 $138,100
2017 $3,151 $270,000 $101,600 $168,400
2016 $3,228 $258,000 $97,000 $161,000
2015 $2,868 $210,000 $97,000 $113,000
2013 $3,330 $218,000 $75,600 $142,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1734594

Northwest Multiple Listing Service (NWMLS)

APN: 290608-004-045-00