Listed by Coldwell Banker Danforth, Bought with Keller Williams Realty Bothell
NOT LISTED FOR SALE

18817 Iris Ct Arlington, WA 98223

Estimated Value: $765,000 - $851,994

6 Beds
6 Baths
2,562 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $530,000 $207 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,960/month

7 Days on Market

Highlights

  • Territorial View
  • Patio
  • Property is Fully Fenced
  • Cul-De-Sac
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of May 2020

This Fantastic 2002 Duplex in the Gleneagle Community offers a Residential Feel + Greenbelt Privacy, Complete with Peaceful Creek.Each 1281 Sq' Unit has 3 Bed & 2.5 Bath, Gas Fireplace, 2 Car Garage, All Appliances Included.New Roof in 2018.Plenty of Storage & Parking.Private Fully Fenced Backyards with Patio. Rents are Perfect for an Investor/Buyer. Buy as Owner Occupied ~ Reduce you mortgage payment $1700 a month by renting the other side. Near Golf, Shops, Restaurants & Freeway. Pets Welcome!

Last Agent to Sell the Property

Mark Arpe

Coldwell Banker Danforth License #50825 Listed on: 04/03/2020

Coldwell Banker Danforth

Co-Listed By

Kathy Arpe

Coldwell Banker Danforth License #72786

Last Buyer's Agent

Marie Schmid

Keller Williams Realty Bothell License #124995

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1584876

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,562 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Gleneagle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00738500103317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,723

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2002
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2562
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 367

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Arlington
  • WaterCompany: City of Arlington
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 00738500103317
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Patio
  • MLSLotSizeSource: SCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40800
  • Net Operating Income: 10312
  • Number Of Units Total: 6
  • Insurance Expense: 1117
  • Leasable Area: 2562
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3723

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 7, 2020
Sold by
Ingrum Andrea
Bought by
Ingrum Marcus
Seller's Agent
Mark Arpe
Coldwell Banker Danforth
Buyer's Agent
Marie Schmid
Keller Williams Realty Bothell
List Price
$558,000
Sold Price
$530,000
Premium/Discount to List
-$28,000
-5.02%
Current Estimated Value
$818,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,499
Avg. Annual Appreciation
8.53%
Original Mortgage
$530,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 2017
Sold by
Gardner Ii Van W
Bought by
Gardner Investments Llc

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 3, 2016
Sold by
Gardner Amanda J
Bought by
Gardner Ii Van W
Seller's Agent
Connie Redden Peterson
Windermere Real Estate JS
Buyer's Agent
Mark Arpe
Coldwell Banker Danforth
List Price
$443,000
Sold Price
$441,000
Premium/Discount to List
-$2,000
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$441,000
Interest Rate
3.71%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 2004
Sold by
Burrows Donald M and Burrows Karin J
Bought by
Acorn Business Ventures Llc

Purchase Details

Closed on
Feb 18, 2004
Sold by
Nelms Garey W and Nelms Gary
Bought by
Burrows Donald M and Burrows Karin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2003
Sold by
Willett Inc
Bought by
Burrows Donald M and Burrows Karin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,880
Interest Rate
5.83%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Langdon Teresa
Bought by
Nelms Garey W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.12%

Purchase Details

Closed on
Nov 2, 2001
Sold by
Schei Dorathy D
Bought by
Hartman Lori L Sutton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
6.84%
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
Ingrum Marcus -- Fidelity National Title
Ingrum Marcus $530,000 Fidelity National Title
Gardner Investments Llc -- None Available
Gardner Ii Van W -- Chicago Title Company Of Wa
Gardner Ii Van W $441,000 Chicago Title Company Of Wa
Acorn Business Ventures Llc -- --
Burrows Donald M $159,000 Chicago Title
Burrows Donald M $153,600 Chicago Title Insurance Co
Nelms Garey W $28,089 Pacific Northwest Title
Hartman Lori L Sutton -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingrum Marcus $526,800
Closed Ingrum Marcus $530,000
Previous Owner Gardner Ii Van W $441,000
Previous Owner Acorn Business Ventures Llc $252,500
Previous Owner Burrows Donald M $127,200
Previous Owner Burrows Donald M $122,880
Previous Owner Nelms Garey W $125,600
Previous Owner Hartman Lori L Sutton $219,000
Closed Nelms Garey W $31,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $530,000 -5.0% $207 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $558,000 +26.5% $218 / Sq Ft
05/09/2016 05/09/16 Sold $441,000 -0.5% $172 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $443,000 -- $173 / 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 $6,102 $766,700 $294,000 $472,700
2024 $6,102 $710,300 $254,000 $456,300
2023 $5,639 $729,700 $263,000 $466,700
2022 $5,556 $595,100 $244,000 $351,100
2020 $4,365 $482,500 $190,000 $292,500
2019 $3,723 $401,100 $172,000 $229,100
2018 $4,531 $387,600 $162,000 $225,600
2017 $3,988 $348,100 $138,000 $210,100
2016 $3,726 $305,200 $124,000 $181,200
2015 $3,686 $291,000 $104,000 $187,000
2013 $3,336 $260,600 $72,500 $188,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1584876

Northwest Multiple Listing Service (NWMLS)

APN: 007385-001-033-17