NOT LISTED FOR SALE

14924 41st Ave SE Unit 1-24 Bothell, WA 98012

Silver Firs Neighborhood
-- Bed
-- Bath
41,146 Sq Ft
1.1 Acres

Last Sold December 17, 2021

Last sale price $11,900,000 $289 Per Sq Ft

26 Days on Market

Highlights

  • 1.1 Acre Lot
  • Deck
  • Engineered Wood Flooring
  • Forest View Elementary School Rated A-
  • Territorial View
  • Thermal Windows

About This Home

As of December 2021

The Meritage at Mill Creek, 4% Cap Rate,built in 2009,24 spacious two and three-bedroom town homes,designed as Zero lot line condominiums,potential condo conversion opportunity,All utilities separately metered and paid directly by the tenants,five buildings,bonus rooms,open kitchens,formal dining rooms,private decks and patios,tiled entries,vaulted ceilings,and full appliance packages with stacking washer/dryers,gas fireplaces,interior fire sprinkler system.Professionally managed,turn key,Mill Creek rental rates have increased 26.2% over the last 5 years.24 garages,24 off street/tandem spots,and 9 open parking spaces for a total of 57 parking spots.

Last Listed By

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 09/29/2021

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1843777

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $71,437

Year Built

  • Built in 2009

Lot Details

  • 1.1 Acre Lot
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 41,146 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 57 Parking Spaces
  • 24 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Henry M. Jackson Hig High School

Utilities

  • Cable TV Available

Community Details

  • Mill Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27050400205100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$71,437

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2009
  • Buyer Agency Compensation: 1
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 41146
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 278

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 24
  • Open Parking Spaces: 33
  • Open Parking: Yes
  • Total Parking Spaces: 57
  • ParkingUncoveredSpaces: 33

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Silver Lake Water CO
  • WaterCompany: Silver Lake Water CO
  • WaterSewerGarbage: 1798

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett
  • High School: Henry M. Jackson Hig
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 27050400205100
  • Lot Size Acres: 1.1
  • Lot Size Sq Ft: 47916
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,Patio,Sprinkler System
  • MLSLotSizeSource: title
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 54538

Multi Family

  • Gross Scheduled Income: 654453
  • Net Operating Income: 480373
  • Number Of Units Total: 24
  • Insurance Expense: 7390
  • Leasable Area: 41146
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 24
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 71437

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $11,900,000 -0.6% $289 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $11,975,000 -- $291 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1843777

Northwest Multiple Listing Service (NWMLS)