Listed by Skyline Properties, Inc.
NOT LISTED FOR SALE

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

Bothell Area
-- Beds
-- Baths
41,146 Sq Ft
1.1 Acre Lot

Sale Details

Date Sold: December 17, 2021

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

26 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Forest View Elementary School Rated A-
  • Engineered Wood Flooring
  • Patio

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 Agent to Sell the Property

Donna Marshall

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

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1843777

Northwest Multiple Listing Service (NWMLS)
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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

  • 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

1.1 Acres

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
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 41146
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

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

Garage/Parking

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

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

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

Tax Info

  • Year: 2021
  • Tax Annual Amount: 71437

Multi Family

  • Number Of Units Total: 24
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 6, 2021
Sold by
Meritage At Mill Creek Llc
Bought by
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
List Price
$11,975,000
Sold Price
$11,900,000
Premium/Discount to List
-$75,000
-0.63%

Purchase Details

Closed on
Jan 27, 2010
Sold by
Abtahi Saeed and Abtahi Susan
Bought by
Meritage At Mill Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,606,000
Interest Rate
4.91%
Mortgage Type
Commercial
Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$11,876,000 Chicago Title
Meritage At Mill Creek Llc $56,179 Chicago
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $3,606,000
Source: Public Records

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
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

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

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
2026 $25,650 $2,467,622 $1,316,633 $1,150,989
2025 $25,210 $2,419,238 $1,290,817 $1,128,421
2023 $25,210 $2,325,298 $1,240,694 $1,084,604
2022 $24,325 $2,279,705 $1,216,367 $1,063,338
2021 $23,766 $2,235,006 $1,192,517 $1,042,489
2020 $23,522 $2,212,090 $1,180,290 $1,031,800
2019 $23,111 $2,168,717 $1,157,148 $1,011,569
2018 $22,783 $2,126,194 $1,134,459 $991,735
2017 $22,031 $2,084,505 $1,112,215 $972,290
2016 $21,396 $2,035,790 $1,090,407 $945,383
2014 $19,787 $1,868,000 $1,000,000 $868,000
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)
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