Listed by The Preview Group, Bought with COMPASS
NOT LISTED FOR SALE

12509 99th Ave NE Unit A & B Arlington, WA 98223

Sisco Heights Neighborhood

Estimated Value: $541,000 - $615,000

4 Beds
2 Baths
1,400 Sq Ft
$416/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $335,000 $239 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,470/month

3 Days on Market

Highlights

  • Wood Flooring
  • Open Space
  • Property is in very good condition
  • Patio
  • High Speed Internet
  • Property is Fully Fenced

About This Home

As of November 2018

{OPPORTUNITY} Great investment or owner occupy one side. No work needed, start collecting rents now! Rambler style duplex situated on a shy acre (property extends way beyond back fence). Each unit features living rm, 2 bedrooms, full bath, kitchen w/ newer appliances, hardwood, laundry hook-ups (w/d in unit A stay, B are tenants), fully-fenced private backyard, shed & lots of parking. Exterior painted in 2016. Unit A interior freshly painted & ready to move-in. Seller says rents could be higher!

Last Agent to Sell the Property

Tim Knibbe

The Preview Group License #112983 Listed on: 10/19/2018

The Preview Group

Co-Listed By

Suzi Knibbe

The Preview Group License #112985

Last Buyer's Agent

Kate Johansen

COMPASS License #124315

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1375778

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1968

Lot Details

  • 0.91 Acre Lot
  • Open Space
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Shared Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Sunken Acres Condos
  • Arlington Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 000-D00
  • Assessor Parcel Number 00424800000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Sunken Acres
  • New Construction: No
  • CalculatedSquareFootage: 1400
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterSewerGarbage: 300

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Arlington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00424800000400
  • Lot Size Acres: 0.91
  • Lot Size Sq Ft: 39640
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 20920
  • Number Of Units Total: 2
  • Insurance Expense: 565
  • Leasable Area: 1400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2815

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 14, 2018
Sold by
Knibbe Timothy John and Knibbe Suzanne Elise
Bought by
Young Holly
Seller's Agent
Tim Knibbe
The Preview Group
Buyer's Agent
Kate Johansen
COMPASS
List Price
$329,000
Sold Price
$335,000
Premium/Discount to List
$6,000
1.82%
Current Estimated Value
$582,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,939
Avg. Annual Appreciation
8.28%
Original Mortgage
$251,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2012
Closed on
Oct 4, 2012
Sold by
U S Bank National Association
Bought by
Knibbe Timothy John and Knibbe Suzanne Elise
Seller's Agent
Anton Stetner
KW North Sound
Buyer's Agent
Dan Monteith
The Preview Group
List Price
$146,000
Sold Price
$146,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.74%
Original Mortgage
$109,500
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Wolfe Joshua T and Wolfe Janelle
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 29, 2000
Sold by
Associates Financial Svcs Of America Inc
Bought by
Wolfe Joshua T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2000
Sold by
Rasmussen David R
Bought by
Associates Financial Services America In
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
Young Holly $335,000 Chicago Title
Knibbe Timothy John $146,000 Chicago Title Company
U S Bank National Association $147,321 Accommodation
Wolfe Joshua T $120,000 --
Associates Financial Services America In $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Holly $385,000
Closed Young Holly $251,250
Previous Owner Knibbe Timothy John $109,500
Previous Owner Wolfe Joshua T $180,000
Previous Owner Wolfe Joshua $145,600
Previous Owner Wolfe Joshua T $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $335,000 +1.8% $239 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $329,000 +125.3% $235 / Sq Ft
11/09/2012 11/09/12 Sold $146,000 0.0% $104 / Sq Ft
09/27/2012 09/27/12 Pending -- -- --
09/27/2012 09/27/12 For Sale $146,000 -- $104 / 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 $3,595 $478,900 $285,000 $193,900
2024 $3,595 $450,800 $266,000 $184,800
2023 $3,840 $505,300 $306,900 $198,400
2022 $3,600 $380,800 $213,800 $167,000
2020 $3,005 $289,100 $150,100 $139,000
2019 $2,748 $275,300 $150,100 $125,200
2018 $2,815 $224,900 $113,100 $111,800
2017 $2,621 $210,500 $91,100 $119,400
2016 $2,530 $193,000 $76,300 $116,700
2015 $2,281 $165,600 $73,500 $92,100
2013 $2,308 $158,200 $74,500 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1375778

Northwest Multiple Listing Service (NWMLS)

APN: 004248-000-004-00