NOT LISTED FOR SALE

Estimated Value: $883,000 - $935,000

5 Beds
3 Baths
2,336 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $699,900 $300 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,575/month

30 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Secluded Lot
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of December 2020

Duplex with possible triplex with finishing the detached shop/garage. Perfect for owner-occupied or investor seeking an income generating home. Fully separated 3 BR/1-3/4 BA upper and 2 BR/1 BA lower with bonus room for home-office or workout room. Deck and Patio looks out to spacious yard. Separate 2-car garage (574 sqft) with loft (432 sqft) can be repurposed into another unit. Off-street parking with 2-car carport and space for 8 cars.Great upside with rents being below market.

Last Listed By

Bill Bickel

Champions Real Estate License #23143 Listed on: 09/02/2020

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1657393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,336 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Mini Split Air Conditioners
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27040100400400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,196

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2336
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 281

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Forced Air, Hardwood, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Oil, Wood
  • PowerCompany: Snohomish PUD
  • SewerCompany: Alderwood Water District
  • WaterCompany: Alderwood Water District
  • WaterSewerGarbage: 2463

Schools

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

Lot Info

  • Parcel Number: 27040100400400
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Oil, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 3230

Multi Family

  • Gross Scheduled Income: 38080
  • Net Operating Income: 28295
  • Number Of Units Total: 2
  • Insurance Expense: 643
  • Leasable Area: 2336
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4196

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 22, 2020
Sold by
16307 Bothell Llc
Bought by
Baty Evan Roy
Seller's Agent
Bill Bickel
Champions Real Estate
Buyer's Agent
Kelly Wedin
Windermere Real Estate M2 LLC
List Price
$775,000
Sold Price
$699,900
Premium/Discount to List
-$75,100
-9.69%
Total Days on Market
30
Current Estimated Value
$905,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,819
Avg. Annual Appreciation
6.15%
Original Mortgage
$650,000
Outstanding Balance
$588,867
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$322,919

Purchase Details

Closed on
May 31, 2018
Sold by
Kasper James W
Bought by
16307 Bothell Llc

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
Baty Evan Roy $699,900 Chicago Title
16307 Bothell Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baty Evan Roy $650,000
Previous Owner Kasper James W $186,500
Previous Owner Kasper James W $186,000
Previous Owner Kasper James W $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $699,900 0.0% $300 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/24/2020 09/24/20 Price Changed $699,900 -1.4% $300 / Sq Ft
09/23/2020 09/23/20 Price Changed $709,900 -5.2% $304 / Sq Ft
09/11/2020 09/11/20 Price Changed $749,000 -3.4% $321 / Sq Ft
09/02/2020 09/02/20 For Sale $775,000 -- $332 / 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 $6,650 $751,900 $451,400 $300,500
2024 $6,650 $785,400 $451,400 $334,000
2023 $6,207 $763,000 $370,200 $392,800
2022 $6,516 $656,000 $338,000 $318,000
2020 $4,829 $435,700 $335,200 $100,500
2019 $4,196 $375,600 $228,700 $146,900
2018 $4,116 $324,500 $183,000 $141,500
2017 $3,575 $291,300 $166,600 $124,700
2016 $2,904 $235,800 $117,600 $118,200
2015 $2,882 $222,400 $107,800 $114,600
2013 $3,300 $243,900 $127,400 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1657393

Northwest Multiple Listing Service (NWMLS)

APN: 270401-004-004-00