Seller's Agent in 2021
Ky DeWald
Designed Realty
(206) 409-3570
1 in this area
19 Total Sales
14924 48th Ave W Unit B Edmonds, WA 98026
Estimated Value: $1,038,000 - $1,101,000
6
Beds
4
Baths
2,823
Sq Ft
$380/Sq Ft
Est. Value
Highlights
- Territorial View
- Patio
- Wood Siding
- Bamboo Flooring
- High Speed Internet
About This Home
As of July 2021Investor alert, this is the first time this property has been on the market in 17 years. Current tenants are on month to month leases and are currently looking for new places. Rents have not been raised in 9 years for unit A and 4 years for unit B. Nothing but potential for this amazing investment opportunity. Exterior is in great condition with newer roof, gutter and exterior paint. 3 bed 2.5 bath 1400+ sqft, similar properties are renting in the area for between $2200 and $2800 with some minor interior updates this will cashflow nicely with 5.5%+ cap rate.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1776155
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,196
Year Built
- Built in 1990
Lot Details
- 0.33 Acre Lot
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,823 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Bamboo
- Wall to Wall Carpet
Parking
- 8 Parking Spaces
- 2 Covered Spaces
- Open Parking
Outdoor Features
- Patio
Utilities
- High Speed Internet
- Cable TV Available
Community Details
- Edmonds Subdivision
Listing and Financial Details
- Assessor Parcel Number 00513700007906
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 18, 2021
Closed on
Jul 23, 2021
Sold by
Gu Xiaohua and Chan Ning Y
Bought by
Nxh Wa Properties Llc
Seller's Agent
Ky DeWald
Designed Realty
Buyer's Agent
Ying Wu
Best Choice Network LLC
List Price
$849,000
Sold Price
$870,000
Premium/Discount to List
$21,000
2.47%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,051
Avg. Annual Appreciation
3.68%
Original Mortgage
$522,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 18, 2021
Closed on
Jun 28, 2021
Sold by
Jamieson Joel and Winkler Michele
Bought by
Gu Xiaohua and Chan Ning Y
Seller's Agent
Ky DeWald
Designed Realty
Buyer's Agent
Ying Wu
Best Choice Network LLC
List Price
$849,000
Sold Price
$870,000
Premium/Discount to List
$21,000
2.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2006
Sold by
Winkler Michele
Bought by
Winkler Michele and Janleson Joel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,200
Interest Rate
6.28%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jan 26, 2004
Sold by
Lovelace Vernon E
Bought by
Winkler Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nxh Wa Properties Llc | -- | None Available | |
| Gu Xiaohua | $870,000 | Rainier Title | |
| Winkler Michele | -- | None Available | |
| Winkler Michelle | $320,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gu Xiaohua | $522,000 | |
| Previous Owner | Winkler Michele | $383,000 | |
| Previous Owner | Jamieson Joel | $25,200 | |
| Previous Owner | Winkler Michele | $370,000 | |
| Previous Owner | Winkler Michele | $60,000 | |
| Previous Owner | Winkler Michelle | $256,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2021 07/06/21 | Sold | $870,000 | +2.5% | $308 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 05/18/2021 05/18/21 | For Sale | $849,000 | -- | $301 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,211 | $832,200 | $487,000 | $345,200 |
| 2024 | $7,211 | $854,700 | $446,500 | $408,200 |
| 2023 | $7,201 | $892,000 | $451,300 | $440,700 |
| 2022 | $6,467 | $650,100 | $336,600 | $313,500 |
| 2020 | $6,196 | $551,100 | $282,600 | $268,500 |
| 2019 | $5,524 | $487,000 | $257,400 | $229,600 |
| 2018 | $5,813 | $452,700 | $234,000 | $218,700 |
| 2017 | $4,918 | $394,400 | $195,300 | $199,100 |
| 2016 | $4,576 | $367,400 | $173,700 | $193,700 |
| 2015 | $4,452 | $339,300 | $161,100 | $178,200 |
| 2013 | $4,485 | $325,600 | $117,900 | $207,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ky DeWald
-
Corinne Bernard
Seller Co-Listing Agent in 2021
Corinne Bernard
eXp Realty
(206) 551-0330
1 in this area
19 Total Sales
-
Ying Wu
Buyer's Agent in 2021
Ying Wu
Best Choice Realty Brokerage
(206) 954-5883
1 in this area
28 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1776155
APN: 005137-000-079-06
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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