NOT LISTED FOR SALE

18616 Reder Way Bothell, WA 98011

Downtown Bothell Neighborhood

Estimated Value: $1,320,936 - $1,719,000

-- Bed
-- Bath
3,125 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $582,000 $186 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $9,183/month

58 Days on Market

Highlights

  • Wood Siding
  • Maywood Hills Elementary School Rated A
  • Wall to Wall Carpet

About This Home

As of October 2013

This attractive Fourplex is located at the center of the Downtown Bothell redevelopment. Just one block away from Café Ladro and the proposed McMenamins site. With a Walk Score of 78 this, low maintenance, easy to operate, property is a GREAT OPPORTUNITY for an owner occupant or investor to take advantage of an emerging Urban Oriented Downtown Bothell and realize a solid investment.

Last Listed By

Patrick Riley

Capstone Commercial License #112448 Listed on: 08/02/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 525671

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,626

Year Built

  • Built in 1968

Lot Details

  • 5,200 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0970000130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,626

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3125
  • Special Features: None
  • Cumulative Days on Market: 279

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 3806

Schools

  • Junior High Dist: Northshore

Lot Info

  • Parcel Number: 0970000130
  • Lot Size Acres: 0.1194
  • Lot Size Sq Ft: 5200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3480

Multi Family

  • Gross Scheduled Income: 41760
  • Net Operating Income: 27841
  • Number Of Units Total: 4
  • Insurance Expense: 1434
  • Leasable Area: 3125
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5626

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2013
Closed on
Oct 23, 2013
Sold by
Bazaldua Rick and Lee Miae
Bought by
Hynes Kyran W and Hynes Courtney M
Seller's Agent
Patrick Riley
Capstone Commercial
Buyer's Agent
David Smith
Paragon Real Estate Advisors
List Price
$610,000
Sold Price
$582,000
Premium/Discount to List
-$28,000
-4.59%
Total Days on Market
58
Current Estimated Value
$1,519,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$937,968
Avg. Annual Appreciation
9.53%
Original Mortgage
$436,500
Interest Rate
4.27%

Purchase Details

Closed on
Mar 12, 2010
Sold by
Bazaldua Rick and Lee Miae
Bought by
Bazaldua Rick and Lee Miae

Purchase Details

Closed on
Feb 9, 2009
Sold by
Charbonneau Mark
Bought by
Lee Miae and Bazaldua Rick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,875
Interest Rate
5.01%

Purchase Details

Closed on
Jan 8, 2004
Sold by
Jordan Charles F and Jordan Ruth L
Bought by
Charbonneau Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.25%

Range of Values:

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Average Value
Not Available
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
Hynes Kyran W $581,500 Fidelity Natio
Bazaldua Rick -- None Available
Lee Miae $510,000 First American
Charbonneau Mark $394,600 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hynes Kyran W $377,000
Closed Rozanski Kara K $423,500
Closed Hynes Kyran W $436,500
Previous Owner Lee Miae $381,875
Previous Owner Charbonneau Mark $75,000
Previous Owner Charbonneau Mark $361,600
Previous Owner Charbonneau Mark $316,000
Closed Charbonneau Mark $39,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $582,000 -4.6% $186 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $610,000 -- $195 / 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
2024 $9,073 $953,000 $421,800 $531,200
2023 $8,999 $1,013,000 $257,700 $755,300
2022 $10,018 $1,023,000 $243,700 $779,300
2021 $10,664 $932,000 $234,300 $697,700
2020 $9,564 $917,000 $234,300 $682,700
2018 $7,233 $671,000 $180,400 $490,600
2017 $7,296 $635,000 $154,600 $480,400
2016 $6,695 $646,000 $145,200 $500,800
2015 -- $602,000 $131,200 $470,800
2014 -- $493,000 $131,200 $361,800
2013 -- $493,000 $145,600 $347,400
Source: Public Records

Agents Affiliated with this Home

  • Patrick Riley

    Seller's Agent in 2013

    Patrick Riley

    Capstone Commercial

    (425) 270-7466

    5 Total Sales

    Patrick Riley
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    David Smith

    Paragon Real Estate Advisors

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 525671

Northwest Multiple Listing Service (NWMLS)

APN: 097000-0130

Washington King County Bothell 98011 Downtown Bothell

18616 Reder Way, Bothell, WA

Homes for Sale in Bothell, WA

This home is located at 18616 Reder Way, Bothell, WA 98011 since 02 August 2013 and is currently estimated at $1,519,968, approximately $486 per square foot. This property was built in 1968. 18616 Reder Way is a home located in King County with nearby schools including Maywood Hills Elementary School, Canyon Park Junior High School, and Bothell High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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