NOT LISTED FOR SALE

18905 24th Ave W Unit A/B Lynnwood, WA 98036

Alderwood Manor Neighborhood

Estimated Value: $858,000 - $1,045,000

4 Beds
4 Baths
2,284 Sq Ft
$419/Sq Ft Est. Value

Last Sold May 09, 2019

Last sale price $588,000 $257 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,737/month

12 Days on Market

Highlights

  • RV Access or Parking
  • Ceramic Tile Flooring
  • Wood Siding
  • Patio
  • Property is in very good condition

About This Home

As of May 2019

This duplex was built in 1999 and each unit is comprised of 1142sq. ft with two master suites upstairs and a ½
bath on the main floor. Unit A has not been updated but unit B was recently updated with new carpet and laminate wood
floors. Huge rear yards and excellent location make this a wonderful long- or short-term investment. There
has been zero turn over of tenants in over a decade so there is also a potential rental upside.

Last Agent to Sell the Property

Heather Andreini

John L. Scott Mill Creek License #23954 Listed on: 03/20/2019

John L. Scott Mill Creek

Last Buyer's Agent

Heather Andreini

John L. Scott Mill Creek License #23954 Listed on: 03/20/2019

John L. Scott Mill Creek

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1425492

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1999

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,284 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • RV Access or Parking

Schools

  • Brier Elementary School
  • Lynnwood High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Alderwood Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00372800800813

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,050

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1999
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2284
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 653

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00372800800813
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio,RV Parking
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 25
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 24797
  • Number Of Units Total: 2
  • Leasable Area: 2284
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 6050

MLS Schools

  • Elementary School: Brier Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Linnik Vladimir and Linnik Tatyana
Bought by
Linnik Properties Llc
Current Estimated Value
$957,355

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 3, 2019
Sold by
Prh Llc
Bought by
Linnik Vladimir and Linnik Tatyanna
Seller's Agent
Heather Andreini
John L. Scott Mill Creek
Buyer's Agent
Heather Andreini
John L. Scott Mill Creek
List Price
$624,950
Sold Price
$588,000
Premium/Discount to List
-$36,950
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
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
Linnik Properties Llc -- None Available
Linnik Vladimir $588,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2019 05/09/19 Sold $588,000 -5.9% $257 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $624,950 -- $274 / 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 $6,256 $815,900 $441,000 $374,900
2024 $6,256 $735,500 $423,000 $312,500
2023 $6,889 $851,500 $490,500 $361,000
2022 $6,929 $699,400 $324,000 $375,400
2020 $6,585 $587,200 $297,400 $289,800
2019 $5,893 $521,100 $258,400 $262,700
2018 $6,050 $472,000 $225,200 $246,800
2017 $5,099 $409,700 $179,600 $230,100
2016 $4,573 $367,100 $157,700 $209,400
2015 -- $261,000 $62,200 $198,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1425492

Northwest Multiple Listing Service (NWMLS)

APN: 003728-008-008-13