Listed by Windermere RE Arlington, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $588,000 - $676,000

4 Beds
2 Baths
1,400 Sq Ft
$457/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $635,000 $454 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,778/month

8 Days on Market

Highlights

  • Wood Flooring
  • Open Space
  • 1-Story Property
  • No HOA
  • Partially Fenced Property

About This Home

As of February 2024

ATTENTION INVESTORS! Prime investment opportunity awaits with this well-maintained duplex featuring two separate 2-bed, 1-bath units. Ideal for investors seeking steady rental income, each unit offers a functional layout and upgraded finishes. The property's prime location ensures high tenant demand, maximizing your return on investment. Don't miss out on a chance to add this income generating duplex to your portfolio.

Last Agent to Sell the Property

Andria White

Windermere RE Arlington License #124926 Listed on: 01/04/2024

Windermere RE Arlington

Last Buyer's Agent

Julia Phillip

eXp Realty License #115650

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2188723

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.91 Acre Lot
  • Open Space
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wood
  • Laminate

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sisco Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424800000300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,026

Year Built

Built in 1968 | Remodeled

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
  • New Construction: No
  • CalculatedSquareFootage: 1400
  • Special Features: None
  • Cumulative Days on Market: 375

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Hardwood, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 250

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 600

Schools

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

Lot Info

  • Parcel Number: 00424800000300
  • Lot Size Acres: 0.91
  • Lot Size Sq Ft: 39640
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: county

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 19324
  • Number Of Units Total: 2
  • Electric Expense: 1000
  • Insurance Expense: 1200
  • Leasable Area: 1400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4026

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 30, 2024
Sold by
Wolfe Janelle
Bought by
Mckinnon Brett D and Mckinnon Jessica A
Seller's Agent
Andria White
Windermere RE Arlington
Buyer's Agent
Julia Phillip
eXp Realty
List Price
$599,999
Sold Price
$635,000
Premium/Discount to List
$35,001
5.83%
Views
24
Current Estimated Value
$640,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,462
Avg. Annual Appreciation
-0.22%
Original Mortgage
$476,000
Outstanding Balance
$469,945
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$162,887

Purchase Details

Closed on
Apr 24, 2012
Sold by
Wolfe Joshua T
Bought by
Wolfe Janelle

Purchase Details

Closed on
Feb 25, 2005
Sold by
Connell David Edgar
Bought by
Wolfe Joshua T and Wolfe Ianelle

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
5.8%
Mortgage Type
Purchase Money Mortgage
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
Mckinnon Brett D $635,000 Chicago Title
Wolfe Janelle -- None Available
Wolfe Joshua T $150,000 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckinnon Brett D $476,000
Previous Owner Wolfe Joshua T $228,000
Previous Owner Wolfe Joshua T $120,000
Closed Wolfe Joshua T $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $635,000 +5.8% $454 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $599,999 -- $429 / 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 $3,776 $504,700 $285,000 $219,700
2024 $3,776 $475,500 $266,000 $209,500
2023 $4,027 $531,900 $306,900 $225,000
2022 $3,792 $402,900 $213,800 $189,100
2020 $3,442 $335,300 $150,100 $185,200
2019 $3,129 $316,500 $150,100 $166,400
2018 $3,237 $261,300 $113,100 $148,200
2017 $3,076 $250,100 $91,100 $159,000
2016 $2,972 $229,700 $76,300 $153,400
2015 $2,723 $200,800 $73,500 $127,300
2013 $2,357 $161,900 $74,500 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2188723

Northwest Multiple Listing Service (NWMLS)

APN: 004248-000-003-00