NOT LISTED FOR SALE

1320 K Ave Anacortes, WA 98221

Estimated Value: $602,844 - $686,000

4 Beds
2 Baths
1,672 Sq Ft
$394/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $275,000 $164 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,857/month

42 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • Wood Siding
  • Anacortes High School Rated A-

About This Home

As of August 2014

Fantastic opportunity to own this historic home. The property was a single family home converted to a duplex many years ago. it has solid rental history and good income. Well maintained near old town, large lot, near schools and shopping. Downstairs unit is 1 bed plus bonus room, and 1 bathroom with wood floors and a fireplace. Upstairs is 2 bedrooms 1 bath. Please do not disturb tenants.

Last Agent to Sell the Property

Traci Cypher

CENTURY 21 North Homes Realty License #87573 Listed on: 05/14/2014

CENTURY 21 North Homes Realty

Last Buyer's Agent

Traci Cypher

CENTURY 21 North Homes Realty License #87573 Listed on: 05/14/2014

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 635894

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,337

Year Built

  • Built in 1910

Lot Details

  • 7,492

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Property is in good condition
  • Natural Gas Connected

Community Details

  • Anacortes Subdivision

Listing and Financial Details

  • Assessor Parcel Number P58706

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,337

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1910
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1672
  • Special Features: None
  • Cumulative Days on Market: 404

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: See Remarks
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Anacortes, Wa
  • WaterCompany: Ana Public Works
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Anacortes

Lot Info

  • Parcel Number: P58706
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

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

Tax Info

  • Year: 2014

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1672
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Aug 8, 2014
Sold by
Coastal Ventures Limited Partnership
Bought by
Cheung Gonet Jill and Cheung Sun Guan
Seller's Agent
Traci Cypher
CENTURY 21 North Homes Realty
Buyer's Agent
Traci Cypher
CENTURY 21 North Homes Realty
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%
Current Estimated Value
$658,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,211
Avg. Annual Appreciation
7.34%
Original Mortgage
$206,250
Outstanding Balance
$160,882
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$440,962

Purchase Details

Closed on
Jun 23, 2010
Sold by
Magnano Ann T
Bought by
Coastal Ventures Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,800
Interest Rate
4.91%
Mortgage Type
New Conventional
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
Cheung Gonet Jill $275,000 Land Title & Escrow
Coastal Ventures Limited Partnership $264,080 Guardian Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Gonet Jill $206,250
Previous Owner Coastal Ventures Limited Partnership $178,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2014 08/14/14 Sold $275,000 -3.5% $164 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $284,900 -- $170 / 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
2024 $3,337 $506,000 $344,500 $161,500
2023 $3,337 $442,100 $281,700 $160,400
2022 $2,955 $432,300 $272,700 $159,600
2021 $2,848 $345,400 $216,600 $128,800
2020 $2,684 $308,500 $0 $0
2019 $2,465 $284,900 $0 $0
2018 $2,577 $261,200 $0 $0
2017 $1,801 $245,900 $0 $0
2016 $1,873 $189,100 $97,500 $91,600
2015 $1,816 $189,100 $97,500 $91,600
2013 $1,818 $189,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 635894

Northwest Multiple Listing Service (NWMLS)

APN: P58706