Listed by Windermere Real Estate/East, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

Estimated Value: $1,159,000 - $1,213,000

6 Beds
5 Baths
2,824 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $625,000 $221 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,013/month

36 Days on Market

Highlights

  • RV Access or Parking
  • 0.9 Acre Lot
  • Secluded Lot
  • Kamiak High School Rated A
  • Deck
  • Territorial View

About This Home

As of October 2017

Well maintained 2,824 sf duplex on .9 acre lot across from a green belt with many improvements and room to add 4 units to the site. The existing duplex sits back in a secluded setting close in to Boeing Everett, shopping, bus line and many other community amenities. Tenant is on month to month lease at under market rents. Seller occupies the other unit. Each unit has individual single car garage and plenty of on-site parking.

Last Agent to Sell the Property

Joel Johnson

Windermere Real Estate/East License #86422 Listed on: 06/20/2017

Windermere Real Estate/East

Co-Listed By

Caitlyn Johnson

Windermere Real Estate/East License #125153

Last Buyer's Agent

Alena Labzhinova

Keller Williams Rlty Bellevue License #124754

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1145888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1978

Lot Details

  • 0.9 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,824 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lake Serene Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00568700500806

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,183

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: ***3%***
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2824
  • Special Features: None
  • Cumulative Days on Market: 397

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PUD #1
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood Water
  • WaterSewerGarbage: 1414

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00568700500806
  • Lot Size Acres: 0.9
  • Lot Size Sq Ft: 39204
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 3500

Multi Family

  • Gross Scheduled Income: 42000
  • Net Operating Income: 29568
  • Number Of Units Total: 2
  • Electric Expense: 1908
  • Insurance Expense: 1430
  • Leasable Area: 2824
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Oct 2, 2017
Sold by
Morse Bevinne M and Morse Glenn E
Bought by
Labzhinov Andrey and Labzhinova Alena
Seller's Agent
Joel Johnson
Windermere Real Estate/East
Buyer's Agent
Alena Labzhinova
Keller Williams Rlty Bellevue
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Current Estimated Value
$1,181,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,108
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Jun 9, 2003
Sold by
Morse Bevinne M
Bought by
Morse Glenn E and Morse Bevinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2003
Sold by
Morse Glenn E
Bought by
Morse Bevinne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.83%
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
Labzhinov Andrey $625,000 Stewart Title Company
Morse Glenn E -- Lawyers Title Agency
Morse Bevinne M -- Lawyers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morse Bevinne M $236,050
Previous Owner Morse Bevinne M $225,000
Previous Owner Morse Bevinne M $230,000
Previous Owner Morse Glenn E $200,000
Previous Owner Morse Bevinne M $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $625,000 -10.1% $221 / Sq Ft
07/27/2017 07/27/17 Pending -- -- --
07/01/2017 07/01/17 For Sale $695,000 0.0% $246 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $695,000 -- $246 / 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 $7,536 $880,100 $485,000 $395,100
2024 $7,536 $880,100 $485,000 $395,100
2023 $7,600 $928,500 $495,000 $433,500
2022 $7,212 $745,800 $373,000 $372,800
2020 $6,213 $623,100 $301,000 $322,100
2019 $5,600 $561,900 $283,000 $278,900
2018 $5,796 $507,900 $246,000 $261,900
2017 $5,183 $463,500 $221,000 $242,500
2016 $4,832 $428,300 $200,000 $228,300
2015 $5,329 $434,800 $243,000 $191,800
2013 $4,219 $319,300 $138,000 $181,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1145888

Northwest Multiple Listing Service (NWMLS)

APN: 005687-005-008-06