Listed by RE/MAX Elite, Bought with Redfin
$300,000
SOLD JUL 10, 2015
-- Bed
-- Bath
2,028 Sq Ft
0.33 Acres

Recently Sold

$148 Per Sq Ft

8% Below List Price

9 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Hilltop Elementary School Rated A-
  • Wood Siding
  • 1-Story Property

About This Home

As of March 2024

Fantastic investment property in great, quiet residential area! One level, rambler style units. Huge, 15,000+sf lot providing spacious, super private back yards and tons of room for off street parking in front. Extremely easy to rent in this fabulous, sought after Bothell location offering great appreciation rate as well. Stable, long term tenants are easy to get and keep in this property.

Last Agent to Sell the Property

Vince Grant

RE/MAX Elite License #41821 Listed on: 03/27/2015

RE/MAX Elite

Last Buyer's Agent

Lisa Bender

Redfin License #21019905

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 759240

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1968

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Hilltop Elemht Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Martha Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00373000400106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,591

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
  • New Construction: No
  • CalculatedSquareFootage: 2028
  • Special Features: None
  • Cumulative Days on Market: 323

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Restored
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: PUD
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 344

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 00373000400106
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: See Remarks

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 19246
  • Number Of Units Total: 2
  • Insurance Expense: 619
  • Leasable Area: 2028
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2591

MLS Schools

  • Elementary School: Hilltop ElemHt

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 18, 2024
Sold by
Renfro Robert A and Renfro Stacy A
Bought by
Watson John David and Jen Enyi
Seller's Agent
Stacy Renfro
HomeSmart One Realty
Buyer's Agent
Sarah Ho
Keller Williams Eastside
List Price
$775,000
Sold Price
$840,000
Premium/Discount to List
$65,000
8.39%
Views
19
Current Estimated Value
$888,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,506
Avg. Annual Appreciation
4.10%
Original Mortgage
$340,000
Outstanding Balance
$336,293
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$549,474

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 5, 2019
Sold by
Prem Cecilia
Bought by
Renfro Robert A and Renfro Stacy A
Buyer's Agent
Stacy Renfro
HomeSmart One Realty
List Price
$609,900
Sold Price
$595,000
Premium/Discount to List
-$14,900
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$355,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Jun 29, 2015
Sold by
Wolfheim Linda M
Bought by
Prem Cecilia
Seller's Agent
Vince Grant
RE/MAX Elite
Buyer's Agent
Lisa Bender
Redfin
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.85%
Original Mortgage
$294,566
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2003
Sold by
Wilson Donald B
Bought by
Wolfheim Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $840,000 Wfg National Title
Warranty Deed $595,000 Fidelity National Title
Warranty Deed $300,000 Fidelity National Title
Quit Claim Deed $11,235 Pnwt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 New Conventional
Previous Owner $358,000 New Conventional
Previous Owner $355,000 New Conventional
Previous Owner $108,000 Commercial
Previous Owner $293,000 New Conventional
Previous Owner $294,566 FHA
Previous Owner $205,000 Fannie Mae Freddie Mac
Previous Owner $128,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2024 03/19/24 Sold $840,000 +8.4% $414 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $775,000 +30.3% $382 / Sq Ft
09/09/2019 09/09/19 Sold $595,000 +2.8% $293 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
06/25/2019 06/25/19 Price Changed $579,000 -5.1% $286 / Sq Ft
06/07/2019 06/07/19 For Sale $609,900 +103.3% $301 / Sq Ft
07/10/2015 07/10/15 Sold $300,000 -7.7% $148 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $325,000 -- $160 / 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 $5,581 $703,300 $460,000 $243,300
2024 $5,581 $653,500 $440,000 $213,500
2023 $6,038 $742,800 $495,000 $247,800
2022 $5,950 $597,200 $343,000 $254,200
2020 $5,558 $491,900 $284,000 $207,900
2019 $4,475 $390,100 $245,000 $145,100
2018 $4,690 $361,300 $222,000 $139,300
2017 $3,709 $292,300 $170,000 $122,300
2016 $2,892 $224,400 $150,000 $74,400
2015 -- $217,400 $142,000 $75,400
2013 $2,307 $158,200 $110,000 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 759240

Northwest Multiple Listing Service (NWMLS)

APN: 003730-004-001-06