Listed by Redfin, Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

15724 48th Ave W Edmonds, WA 98026

Estimated Value: $1,023,000 - $1,217,313

6 Beds
6 Baths
2,680 Sq Ft
$414/Sq Ft Est. Value

Last Sold January 02, 2019

Last sale price $712,000 $266 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,537/month

3 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Secluded Lot
  • Thermal Windows
  • Wall to Wall Carpet

About This Home

As of January 2019

Wonderful investment opportunity in a great Edmonds location. Two 1,340 square feet units with 3 bed, 2.5 bath, & 2 car garage built in 2001. Spacious 13,504 square foot lot & large back yard that backs up to a green belt. Homes are at the end of private road off of 48th Ave W. Both units have own washer & dryer. Tenants on month to month lease by closing. Current rent is below market rent.

Last Agent to Sell the Property

Troy Lehman

Redfin License #125043 Listed on: 11/07/2018

Redfin

Last Buyer's Agent

Catherine Weir

Windermere Real Estate/East License #109149

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1382300

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 2001

Lot Details

  • 0.31 Acre Lot
  • Secluded Lot
  • Sprinkler System

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Meadowdale Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 00513700004710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,959

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Meadowdale
  • New Construction: No
  • CalculatedSquareFootage: 2680
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • 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: Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Snohomish Co. PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 1646

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00513700004710
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Sprinkler System
  • MLSLotSizeSource: Realist- Buyer to verify
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 3350

Multi Family

  • Gross Scheduled Income: 40200
  • Net Operating Income: 31672
  • Number Of Units Total: 2
  • Insurance Expense: 923
  • Leasable Area: 2680
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5959

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Dec 10, 2018
Sold by
Beard Lawrence D and Beard Linda M
Bought by
Linwhite Llc
Seller's Agent
Troy Lehman
Redfin
Buyer's Agent
Catherine Weir
Windermere Real Estate/East
List Price
$710,000
Sold Price
$712,000
Premium/Discount to List
$2,000
0.28%
Current Estimated Value
$1,108,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,328
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Jul 28, 2006
Sold by
Beard Lawrence D
Bought by
Beard Lawrence D and Beard Linda M

Purchase Details

Closed on
Sep 18, 2001
Sold by
Emerald Custom Homes Inc
Bought by
Beard Lawrence D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.99%
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
Linwhite Llc $712,000 First American Title
Beard Lawrence D -- None Available
Beard Lawrence D $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beard Lawrence D $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2019 01/02/19 Sold $712,000 +0.3% $266 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $710,000 -- $265 / 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 $7,935 $858,200 $475,400 $382,800
2024 $7,935 $941,900 $501,600 $440,300
2023 $7,952 $986,500 $507,100 $479,400
2022 $7,685 $776,900 $370,000 $406,900
2020 $7,434 $664,200 $313,000 $351,200
2019 $6,557 $582,400 $282,000 $300,400
2018 $6,875 $539,100 $257,000 $282,100
2017 $5,959 $482,400 $216,000 $266,400
2016 $5,455 $442,000 $193,000 $249,000
2015 $5,095 $391,200 $180,000 $211,200
2013 $4,940 $360,600 $131,000 $229,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1382300

Northwest Multiple Listing Service (NWMLS)

APN: 005137-000-047-10