Listed by Shiloh Street
$4,300,000

Estimated payment $24,256/month

Total Views 4,013
2 Acres
$2,148,067 Price per Acre
87,198 Sq Ft Lot

Highlights

  • 2 Acre Lot
  • Territorial View
  • No HOA

About This Lot

Fantastic opportunity for Investors, Developers, Builders - potential to build 16-20+/- units (PRD), 10-12+/- SFR's (standard short plat), 12-16+/- townhomes or remodel the 4 duplexes + single-family home & build on the vacant lot. Ideally located near I-5/405/525/99, Light Rail, Alderwood Mall, Costco, Home Depot, variety of diverse restaurants, shopping, parks & more! The 4 existing duplexes are fully occupied for you to cash flow while waiting to build! Each duplex unit is approx. 720 sq. ft. & features 2 beds / 1 bath & 1-car garage. The single-family home has 1,785 sq ft, 3 beds / 2 baths & 2-car garage. (Do not walk the property without an appointment)

Listing Agent

Joshua Sanders

Shiloh Street License #23227

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2356252

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,996

Year Built

  • 1964

Lot Details

  • 2 Acre Lot
  • Street terminates at a dead end
  • 00372700601501,00372700601502,00372700601503,00372700601504
  • Zoning described as Multi-Family,Residential,See Remarks

Property Views

  • Territorial Views

Community Details

  • No Home Owners Association
  • Alderwood Manor Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 006 D-05
  • Assessor Parcel Number 00372700601505

Property Details

Property Type

Land

Est. Annual Taxes

$4,996

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Year Built: 1964
  • Cumulative Days on Market: 27

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • WaterJurisdiction: City of Lynnwood

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: In Street

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00372700601505
  • Lot Size Acres: 2.0018
  • Lot Size Sq Ft: 87200
  • Additional Parcels Description: 00372700601501,00372700601502,00372700601503,00372700601504
  • Zoning Description: Multi-Family,Residential,See Remarks
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records/BLA
  • ZoningJurisdiction: City
  • LotNumber: 15

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 4996

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

Collateral Analytics

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,789 $625,500 $401,800 $223,700
2024 $4,789 $616,100 $392,400 $223,700
2023 $4,909 $656,800 $405,900 $250,900
2022 $4,356 $477,100 $264,400 $212,700
2020 $4,207 $409,000 $221,000 $188,000
2019 $3,682 $359,300 $199,800 $159,500
2018 $3,752 $324,900 $175,100 $149,800
2017 $2,998 $283,100 $145,400 $137,700
2016 $2,777 $262,600 $128,400 $134,200
2015 $2,643 $235,000 $117,300 $117,700
2013 $2,405 $202,800 $107,000 $95,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $4,300,000 0.0% --
04/07/2025 04/07/25 For Sale $4,300,000 -- $2,986 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2356252

Northwest Multiple Listing Service (NWMLS)

APN: 003727-006-015-05