NOT LISTED FOR SALE

Estimated Value: $1,029,704 - $1,336,000

6 Beds
4 Baths
2,352 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $859,500 $365 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,691/month

1 Day on Market

Highlights

  • Mountain View
  • Secluded Lot
  • Patio
  • Deck
  • Thermal Windows
  • High Speed Internet

About This Home

As of June 2020

Welcome to your spectacular Newly-Remodeled Townhouse-Style Duplex located only minutes to the Mill Creek Town Center, and great commuter resources including the future I-5 Light Rail station. High end finishes can be found at every turn! Tasteful use of Slab Granite in the kitchen/baths, SS appliances, LVP Flooring, designer paints, refinished decks w/ private yards, newer roof & gutters, and a freshly cleaned/insulated crawlspace truly make this an amazing turn-key investment opportunity!

Last Agent to Sell the Property

Justin Richards

Keller Williams Rlty Bellevue License #24027569 Listed on: 05/23/2020

Keller Williams Rlty Bellevue

Last Buyer's Agent

Don Weintraub

Windermere Real Estate/East License #114019

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1603774

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,350

Year Built

  • Built in 1987 | Remodeled

Lot Details

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

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Oak Heights Elemoh Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Alderwood Manor Div. 5 Condos
  • Mill Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00373000300110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,350

Year Built

Built in 1987 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Alderwood Manor Div. 5
  • New Construction: No
  • CalculatedSquareFootage: 2352
  • Special Features: VirtualTour
  • Cumulative Days on Market: 314

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Territorial
  • Lot Features: Corner Lot, Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Sno Co PUD
  • SewerCompany: Alderwood Water
  • WaterCompany: Alderwood Water
  • WaterSewerGarbage: 1320

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 00373000300110
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4200

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 41327
  • Number Of Units Total: 2
  • Insurance Expense: 731
  • Leasable Area: 2352
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6350

MLS Schools

  • Elementary School: Oak Heights ElemOh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2020
Closed on
Jun 21, 2020
Sold by
Filion Kim M
Bought by
Shah Ashish and Parekh Payal
Seller's Agent
Justin Richards
Keller Williams Rlty Bellevue
Buyer's Agent
Don Weintraub
Windermere Real Estate/East
List Price
$825,000
Sold Price
$859,500
Premium/Discount to List
$34,500
4.18%
Current Estimated Value
$1,111,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,926
Avg. Annual Appreciation
5.22%
Original Mortgage
$644,625
Outstanding Balance
$578,925
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$532,501

Purchase Details

Closed on
Jul 25, 2017
Sold by
Bothell Browns Llc
Bought by
Filion Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,487
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2012
Sold by
Palmer Rv
Bought by
Bothell Browns Llc

Purchase Details

Closed on
Mar 1, 2012
Sold by
Palmer Patricia W E and Palmer Rv
Bought by
Palmer Rv

Purchase Details

Closed on
Dec 5, 2001
Sold by
Palmer Annemarie
Bought by
Palmer Rv

Purchase Details

Closed on
Mar 28, 2000
Sold by
Gerlach Jill L
Bought by
Palmer Annemarie

Purchase Details

Closed on
Jan 1, 1998
Sold by
Bentley Funding & Investments Inc
Bought by
Gerlach Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Interest Rate
7.16%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Cobbett Delores J
Bought by
Bentley Funding & Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Interest Rate
7.16%
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
Shah Ashish $859,500 Nextitle
Filion Kim M $470,000 Wfg National Title Company
Bothell Browns Llc $1,123 None Available
Palmer Rv $1,685 None Available
Palmer Rv -- --
Palmer Annemarie $270,000 Evergreen Title Company Inc
Gerlach Jill L $229,000 --
Bentley Funding & Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Ashish $415,400
Open Shah Ashish $644,625
Previous Owner Filion Kim M $461,487
Previous Owner Gerlach Jill L $160,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $859,500 +4.2% $365 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $825,000 -- $351 / 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 $6,640 $852,600 $500,000 $352,600
2024 $6,640 $783,900 $490,000 $293,900
2023 $7,080 $876,800 $540,000 $336,800
2022 $7,072 $715,000 $373,000 $342,000
2020 $6,350 $565,400 $293,000 $272,400
2019 $5,597 $493,800 $250,000 $243,800
2018 $5,801 $451,700 $220,000 $231,700
2017 $4,988 $400,300 $185,000 $215,300
2016 $4,442 $356,000 $160,000 $196,000
2015 $4,239 $322,100 $138,000 $184,100
2013 $3,338 $237,400 $125,000 $112,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1603774

Northwest Multiple Listing Service (NWMLS)

APN: 003730-003-001-10