NOT LISTED FOR SALE

17313 Smokey Point Blvd Arlington, WA 98223

-- Bed
-- Bath
10,220 Sq Ft
0.78 Acres

Last Sold May 12, 2021

Last sale price $4,480,000 $438 Per Sq Ft

9 Days on Market

Highlights

  • 0.78 Acre Lot
  • Partially Fenced Property
  • Wood Siding

About This Home

As of May 2021

Rare Investment opportunity on central of Arlington city downtown. The location of this 30 units Multi-family complex very close to shopping center and I-5. there are two units was converted to the common laundry room that make extra cash income monthly. Well maintenance and on site manager. Lower vacancy rate and lower monthly rent than current rental market due to long term tenants. Big Potential opportunity to increase the rent in future.

Last Agent to Sell the Property

Dan Zhou

Globenex Realty License #112373 Listed on: 03/01/2021

Last Buyer's Agent

Dan Zhou

Globenex Realty License #112373 Listed on: 03/01/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1736061

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,070

Year Built

  • Built in 1979

Lot Details

  • 0.78 Acre Lot
  • Partially Fenced Property

Home Design

  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10,220 Sq Ft Home
  • 2-Story Property

Parking

  • 30 Parking Spaces
  • Open Parking

Community Details

  • Smokey Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31052100302600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,070

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10220
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Concrete Ribbon
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 30
  • Open Parking: Yes
  • Total Parking Spaces: 30
  • ParkingUncoveredSpaces: 30

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Arlington
  • WaterCompany: City of marysville
  • WaterSewerGarbage: 36311

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 31052100302600
  • Lot Size Acres: 0.78
  • Lot Size Sq Ft: 33977
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 26360

Multi Family

  • Gross Scheduled Income: 306084
  • Net Operating Income: 212962
  • Number Of Units Total: 30
  • Electric Expense: 1635
  • Insurance Expense: 9306
  • Leasable Area: 10220
  • EnergySource: Electric
  • UnitsInBuildingTotal: 32
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 11070
  • AdditionalTaxIds: 31052100302600

MLS Schools

  • Elementary School: Buyer To Verify

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

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $4,480,000 +2.3% $438 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $4,380,000 -- $429 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1736061

Northwest Multiple Listing Service (NWMLS)

APN: 31052100302600