Listed by Windermere Real Estate/East, Bought with NWMLS-NonOffice
NOT LISTED FOR SALE

15330 1st Ave NE Unit 1-4 Duvall, WA 98019

Estimated Value: $761,000 - $1,058,000

-- Bed
-- Bath
2,800 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $975,000 $348 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,657/month

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Cherry Valley Elementary School Rated A-
  • No HOA
  • 4-minute walk to Taylor Park

About This Home

As of February 2024

Looking for a great investment on the Eastside? This is it! This well maintained and low-maintenance Duvall 4-plex offers beautiful and serene territorial views of the Valley. You can't beat the location - just one block from Main Street (with a walk score of 78). You've got quick access to the many wonderful restaurants and coffee shops nearby, plus the Snoqualmie Valley Trail and Woodinville-Duvall Road. Each unit offers 2 bedrooms, 1 bath, kitchen, living room, washer/dryer and private deck. Recently painted exterior and newer decking, plus additional updates throughout the past years. Private parking lot with 10 parking spaces allows plenty of room for tenants and their victors. Desirable 6.1% cap rate with potential form more.

Last Agent to Sell the Property

Shelley Elenbaas

Windermere Real Estate/East License #111715 Listed on: 02/23/2024

Windermere Real Estate/East

Last Buyer's Agent

No Member Specified

NWMLS-NonOffice

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2203163

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,379

Year Built

  • Built in 1980

Lot Details

  • 7,883 Sq Ft Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 10 Parking Spaces
  • 10 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Cherry Vly Elementary School
  • Tolt Mid Middle School
  • Cedarcrest High School

Utilities

  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Sd Subdivision Condos
  • Duvall Subdivision

Listing and Financial Details

  • Tax Lot 10 & 11
  • Assessor Parcel Number 2131700590

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,379

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1980
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: SD Subdivision
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Office, Residential, Retail, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 10
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Duvall
  • WaterCompany: City of Duvall
  • InternetConnected: Ziply
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Riverview
  • High School: Cedarcrest High
  • Middle Or Junior School: Tolt Mid

Lot Info

  • Parcel Number: 2131700590
  • Lot Size Acres: 0.181
  • Lot Size Sq Ft: 7883
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet
  • MLSLotSizeSource: KCR
  • MLSSquareFootageSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Office,Residential,Retail,See Remarks
  • LotNumber: 10 & 11

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5610

Multi Family

  • Gross Scheduled Income: 67320
  • Net Operating Income: 59028
  • Number Of Units Total: 4
  • Insurance Expense: 1912
  • Leasable Area: 2800
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6379

MLS Schools

  • Elementary School: Cherry Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Feb 13, 2024
Sold by
Federspiel Timothy J and Federspiel Christie H
Bought by
Ring First Llc
Seller's Agent
Shelley Elenbaas
Windermere Real Estate/East
Buyer's Agent
No Member Specified
NWMLS-NonOffice
List Price
$975,000
Sold Price
$975,000
Views
3
Current Estimated Value
$955,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,331
Avg. Annual Appreciation
2.19%
Original Mortgage
$600,000
Outstanding Balance
$592,368
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$416,169

Purchase Details

Closed on
Feb 25, 2013
Sold by
Jeung Daniel L and Siu Irene
Bought by
Federspiel Timothy J and Federspiel Christie H

Purchase Details

Closed on
Dec 20, 2000
Sold by
Hays Robert G and Mcphee Patricia L
Bought by
Jeung Daniel L and Siu Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.71%
Source: Public Records

Range of Values:

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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
Ring First Llc $975,000 Cw Title
Federspiel Timothy J $419,000 Nextitle
Jeung Daniel L $270,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ring First Llc $600,000
Previous Owner Jeung Daniel L $100,000
Previous Owner Jeung Daniel L $224,500
Previous Owner Jeung Daniel L $240,000
Previous Owner Jeung Daniel L $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $975,000 0.0% $348 / Sq Ft
02/23/2024 02/23/24 For Sale $975,000 -- $348 / 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 $6,792 $697,000 $197,000 $500,000
2023 $6,379 $695,000 $181,300 $513,700
2022 $6,921 $698,000 $118,200 $579,800
2021 $7,834 $636,000 $118,200 $517,800
2020 $7,801 $661,000 $118,200 $542,800
2018 $6,576 $615,000 $106,400 $508,600
2017 $5,650 $531,000 $94,500 $436,500
2016 $5,779 $454,000 $94,500 $359,500
2015 -- $451,000 $94,500 $356,500
2014 -- $363,000 $94,500 $268,500
2013 -- $364,000 $94,500 $269,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2203163

Northwest Multiple Listing Service (NWMLS)

APN: 213170-0590