Listed by Windermere RE Arlington, Bought with Champions Real Estate
NOT LISTED FOR SALE

18822 Iris Ct Arlington, WA 98223

Estimated Value: $740,000 - $829,000

3 Beds
3 Baths
2,562 Sq Ft
$309/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $430,000 $168 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,791/month

40 Days on Market

Highlights

  • Territorial View
  • Cul-De-Sac
  • High Speed Internet
  • Thermal Windows
  • Patio
  • Partially Fenced Property

About This Home

As of December 2017

Great income with potential for even more!! Units have entry with coat closet & half bath. Large living room w/ gas fireplace flows into dining area w/ slider to private back patio! Kitchen with electric range, built-in microwave, fridge & D/W with door to 2 car garage. Upstairs master with attached bath & walk-in closet & 2 additional bedrooms with large closets. Close to I-5, restuarants and shopping centers. New paint, new carpet in Unit B and ALL APPLIANCES STAY!!! Home Warranty Included!

Last Agent to Sell the Property

Jennifer Leigh

Windermere RE Arlington License #6555 Listed on: 10/29/2017

Windermere RE Arlington

Last Buyer's Agent

Jennifer McEwen

Champions Real Estate License #104998

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1211543

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 2002

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Property is in good condition

HOA Fees

  • $3 Monthly HOA Fees

Home Design

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

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Pioneer Elementary School
  • Haller Middle Sch
  • Arlington High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • The Woodlands Condos
  • Arlington Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 1
  • Assessor Parcel Number 00738500103319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,831

Year Built

Built in 2002

Lot Details

0

HOA Fees

$3 per month

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
  • Building Name: The Woodlands
  • New Construction: No
  • CalculatedSquareFootage: 2562
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Cement/Concrete
  • 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: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Arlington
  • WaterCompany: City of Arlington
  • WaterSewerGarbage: 2832

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Arlington
  • High School: Arlington High
  • Middle Or Junior School: Haller Middle Sch

Lot Info

  • Parcel Number: 00738500103319
  • Lot Size Acres: 0.24
  • Lot Size: Irregular
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Per County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 9

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Multi Family

  • Gross Scheduled Income: 32400
  • Net Operating Income: 24557
  • Number Of Units Total: 2
  • Insurance Expense: 820
  • Leasable Area: 2562
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3831

MLS Schools

  • Elementary School: Pioneer Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2017
Closed on
Dec 22, 2017
Sold by
Jesen Mark S and Jesen Marie E
Bought by
Mcewen Howard S and Mcewen Dona E
Seller's Agent
Jennifer Leigh
Windermere RE Arlington
Buyer's Agent
Jennifer McEwen
Champions Real Estate
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Current Estimated Value
$792,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,365
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
May 19, 2016
Sold by
Jensen Mark S and Jensen Marie E
Bought by
Living Trust Of Mark S Jensen & Marie E and Jensen Marie E

Purchase Details

Closed on
May 11, 2005
Sold by
Jensen Mark S and Jensen Marie E
Bought by
Jensen Marie E

Purchase Details

Closed on
Sep 12, 2002
Sold by
Willett Inc
Bought by
Jensen Mark Steven and Jensen Marie Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.37%
Source: Public Records

Range of Values:

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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
Mcewen Howard S $430,000 First American Title
Living Trust Of Mark S Jensen & Marie E -- None Available
Jensen Marie E -- --
Jensen Marie E -- --
Jensen Mark Steven $155,000 Chicago Title Insurance Co
Jensen Mark Steven $155,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jansen Marie E $200,000
Previous Owner Jensen Marie E $212,000
Previous Owner Jensen Mark Steven $213,500
Previous Owner Jensen Mark Steven $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $430,000 +1.2% $168 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $425,000 0.0% $166 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $425,000 -- $166 / 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 $5,747 $721,400 $275,000 $446,400
2024 $5,747 $668,900 $238,000 $430,900
2023 $5,307 $686,700 $246,000 $440,700
2022 $4,944 $529,500 $198,000 $331,500
2020 $3,876 $428,300 $151,000 $277,300
2019 $3,582 $385,900 $137,000 $248,900
2018 $4,301 $367,900 $120,000 $247,900
2017 $3,831 $334,400 $103,000 $231,400
2016 $3,571 $292,500 $93,000 $199,500
2015 $3,423 $270,200 $78,000 $192,200
2013 $2,820 $220,200 $60,000 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1211543

Northwest Multiple Listing Service (NWMLS)

APN: 007385-001-033-19