NOT LISTED FOR SALE
Studio
-- Baths
11,265 Sq Ft
1.06 Acre Lot

Sale Details

Date Sold: August 31, 2012

Last sale price $1,100,000 $98 Per Sq Ft

71 Days on Market

Highlights

  • Ocean View
  • Deck
  • Disabled Access
  • South Whidbey High School Rated 9+
  • Patio
  • High Speed Internet

About This Home

As of August 2012

Beautiful 16-plex in the enchanting waterfront town of Langley on Whidbey Island. Single level living, many units with water &/or mountain views. Well maintained, freshly painted and landscaped. Four individual 4-plex bldgs, total of 11-2B approx 700sf, 4-1B approx 550 sf, 1-1B handicap approx 700 sf , 9 of which have been updated with new paint, flooring & appliances. Separate laundry building. Ample covered & guest parking. Excellent potential to raise rents.

Last Agent to Sell the Property

Holly Reynolds

Windermere Whidbey Island License #47833 Listed on: 04/04/2012

Windermere Whidbey Island

Last Buyer's Agent

Caroline Fulton

ADDO Real Estate, LLC License #18873

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM339170

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property

Property Views

  • Ocean
  • Views of a Sound
  • Limited

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 2-Story Property
  • Disabled Access

Community Details

  • 16 Units

Listing and Financial Details

  • Assessor Parcel Number R330340363110

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

1.06 Acres

Listing Details

  • Property Type: Multifamily
  • Style: 10+ Units
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Laminate Hardwood, Vinyl, Wall To Wall Carpet
  • Estimated Sq Ft: 11265

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: Ocean, Partial, Sound

Garage/Parking

  • Numberof Carport Spaces: 18
  • Numberof Uncovered Spaces: 12
  • Total Numberof Parking Spaces: 30

Utilities

  • Electrical Expenses: 1470
  • Heating Expenses: 2015
  • Water/Sewer/Garbage: 2298
  • Heating And Cooling: Forced Air
  • Power Company: PSE
  • Sewer: Sewer Connected
  • Sewer Company: City of Langley
  • Water Company: City of Langley
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 16
  • Amenities: Coin Op Laundry, Thermal Windows

Schools

  • School District: SWI

Lot Info

  • General Zoning Classification: Multi-Family
  • Lot Details: Dead End Street, Paved Street, Sidewalk
  • Lot Sq Ft: 46330
  • Parcel Number: R330340363110

Multi Family

  • Gross Adjusted Income: 105306
  • Gross Rent Multiplier: 10
  • Insurance Expenses: 6300
  • Other Expenses: 2400
  • Total Expenses: 26994
  • Total Monthly Income: 132300
  • Total Expenses: 26994
  • Vacancy Rate: 6

Tax Info

  • Tax Amount: 12511

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $1,100,000 -15.1% $98 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $1,295,000 -- $115 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM339170

Northwest Multiple Listing Service (NWMLS)
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