Listed by Infinity Properties
NOT LISTED FOR SALE

Estimated Value: $562,525 - $719,000

4 Beds
2 Baths
3,744 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $375,000 $100 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,799/month

14 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Partially Fenced Property
  • 1.05 Acre Lot
  • High Speed Internet
  • 3-minute walk to Smokey Point Community Park

About This Home

As of September 2013

1-Acre with 2-Duplexes...each on their own 1/2 acre fronting on Smokey Pt. Blvd. ZERO Vacancy Rates for years & years. 2-bed, 1 bath each. Backyards. Public Water. NO Sewer bills, each duplex has private septic. Long term ownership with long term tenants. Regular Maintenance. These Duplexes are tucked in the back so there is plenty of room to build more Multi or Single Family. Do Not Disturb Tenants. All on 1-yr leases with separate renewal dates. More Photos & Interiors coming soon

Last Agent to Sell the Property

Keith Johnsen

Infinity Properties License #2290 Listed on: 07/17/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 518109

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 1971

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 187 x 246
  • Partially Fenced Property
  • Corner Lot
  • Value in Land
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 14 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Outbuilding

Schools

  • Lakewood Elementary School
  • Lakewood Mid Middle School
  • Lakewood High School

Utilities

  • Propane
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Smokey Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00472500000108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,817

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1971
  • Buyer Agency Compensation: **3%**
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3744
  • SOCComments: NOT a Short Sale
  • Special Features: None
  • Cumulative Days on Market: 349

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 14
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 14

Utilities

  • Sewer: Available, Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric
  • PowerCompany: Sno Co PUD #1
  • SewerCompany: Private Septic
  • WaterCompany: City of Arlington
  • WaterSewerGarbage: 3120

Schools

  • Junior High Dist: Lakewood
  • High School: Lakewood High
  • Middle Or Junior School: Lakewood Mid

Lot Info

  • Parcel Number: 00472500000108
  • Lot Size Acres: 1.05
  • Lot Size: 187 X 246
  • Lot Size Sq Ft: 45737
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Propane,RV Parking
  • ZoningClass: Multi-Family,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3375

Multi Family

  • Gross Scheduled Income: 40500
  • Net Operating Income: 32232
  • Number Of Units Total: 4
  • Insurance Expense: 1331
  • Leasable Area: 3744
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3817

MLS Schools

  • Elementary School: Lakewood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2013
Closed on
Sep 3, 2013
Sold by
Fitzjarrald Ileen
Bought by
Bellin Investments Llc
Seller's Agent
Keith Johnsen
Infinity Properties
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Current Estimated Value
$633,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,493
Avg. Annual Appreciation
5.34%
Original Mortgage
$262,500
Outstanding Balance
$200,280
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$496,029

Purchase Details

Closed on
Jun 10, 1997
Sold by
Atlee Leonard W
Bought by
Fitzjarrald Ileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
7.94%
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
Bellin Investments Llc $375,280 Chicago Title
Fitzjarrald Ileen $145,000 Charter Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellin Investments Llc $262,500
Previous Owner Fitzjarrald Ileen $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2013 09/13/13 Sold $375,000 -6.2% $100 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $399,900 -- $107 / 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 $3,602 $452,200 $261,900 $190,300
2024 $3,602 $415,300 $225,000 $190,300
2023 $3,470 $441,900 $233,100 $208,800
2022 $3,760 $399,600 $222,300 $177,300
2020 $3,268 $334,900 $187,200 $147,700
2019 $2,669 $291,900 $169,200 $122,700
2018 $2,910 $262,900 $148,500 $114,400
2017 $2,557 $229,900 $126,000 $103,900
2016 $2,405 $216,900 $112,500 $104,400
2015 $2,359 $203,500 $101,700 $101,800
2013 $2,067 $181,700 $70,200 $111,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 518109

Northwest Multiple Listing Service (NWMLS)

APN: 004725-000-001-01