NOT LISTED FOR SALE

Estimated Value: $1,460,000 - $1,859,000

8 Beds
4 Baths
3,650 Sq Ft
$437/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,189,000 $326 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,668/month

95 Days on Market

Highlights

  • Under Construction
  • Patio
  • Mini Split Air Conditioners
  • Territorial View
  • Tankless Water Heater
  • Wall to Wall Carpet

About This Home

As of June 2020

Sparkling new, amazing duplex in the Martha Lake/Mill Creek area. Just completed, this large duplex is a great opportunity for the discerning investor or perfect for an owner occupant. Modern finishes, spacious layout, two very bright and happy homes. Amazing kitchens, grassy yards, & attached 2-car garages tucked away on a quiet street. Fantastic access to both I-5 & I-405. A very rare, brand new multi-family opportunity. No HOA!

Last Listed By

Kristi Sundquist

Keller Williams North Seattle License #27650 Listed on: 02/14/2020

Keller Williams North Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1564800

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,868

Year Built

  • Built in 2020 | Under Construction

Lot Details

  • 10,402

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Martha Lake Elemml Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • Mini Split Air Conditioners
  • Natural Gas Connected
  • Tankless Water Heater

Additional Features

  • Patio
  • 10,402 Sq Ft Lot

Community Details

  • Clover Road Short Plat Condos
  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number CloverSPLot1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,868

Year Built

Built in 2020 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2020
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Clover Road Short Plat
  • New Construction: Yes
  • CalculatedSquareFootage: 3650
  • NewConstruction: Completed
  • Special Features: NewHome
  • Cumulative Days on Market: 348

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Tankless Water Heater, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Under Construction
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: Alderwood Water
  • WaterCompany: Alderwood Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: CloverSPLot1
  • Lot Size Acres: 0.2388
  • Lot Size Sq Ft: 10402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • MLSLotSizeSource: Short Plat Map
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

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

Tax Info

  • Year: 2020

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 3650
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Martha Lake ElemMl

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jun 18, 2020
Sold by
Adamant Homes Llc
Bought by
Slater Ryan and Slater Taylor
Seller's Agent
Kristi Sundquist
Keller Williams North Seattle
Buyer's Agent
Susan Hino
Keller Williams Eastside
List Price
$1,285,000
Sold Price
$1,189,000
Premium/Discount to List
-$96,000
-7.47%
Total Days on Market
95
Current Estimated Value
$1,595,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,640
Avg. Annual Appreciation
4.65%
Original Mortgage
$891,760
Interest Rate
2.9%
Mortgage Type
New Conventional

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
Slater Ryan $1,189,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iverson Ronald D $913,000
Previous Owner Slater Ryan $891,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $1,189,000 -7.5% $326 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $1,285,000 -- $352 / 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 $9,868 $1,319,500 $575,000 $744,500
2024 $9,868 $1,182,000 $555,000 $627,000
2023 $10,308 $1,292,300 $640,000 $652,300
2022 $10,221 $1,045,300 $375,000 $670,300
2020 $1,733 $316,000 $316,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1564800

Northwest Multiple Listing Service (NWMLS)

APN: 003730-003-010-04