
Seller's Agent in 2024
Corey Crain
Keller Williams Realty Bothell
(425) 387-0853
1 in this area
41 Total Sales
Estimated Value: $1,158,051 - $1,423,000
Value add opportunity in Lake Forest Park, WA. Nestled on a quiet dead-end street between I5 and lake Washington, The large wooded lot offers tenants ample space to enjoy the outdoors. Built 1979 this 4-plex not only offers secured building access excellent but also ample potential for significant upside in raising rents, landscape improvements and unit upgrades. Featuring four generous 2-bed, 1-bath units, each 910 sq ft, complete with fireplaces. Recent upgrades include a new roof and windows in 2022 with a transferable warranty. Shared coin op laundry on site for additional income. Close to all amenities, The low cap rate is a reflection of the rents being way below market .
Last Agent to Sell the Property
Keller Williams Realty Bothell License #26492 Listed on: 03/20/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2211292
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Kerr William Lewis | $220,000 | -- |
Date | Event | Price | List to Sale | Price per Sq Ft |
---|---|---|---|---|
06/10/2024 06/10/24 | Sold | $1,200,000 | -14.3% | $330 / Sq Ft |
03/23/2024 03/23/24 | Pending | -- | -- | -- |
03/20/2024 03/20/24 | For Sale | $1,400,000 | -- | $385 / Sq Ft |
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 | $10,373 | $965,000 | $506,900 | $458,100 |
2023 | $9,983 | $1,010,000 | $385,200 | $624,800 |
2022 | $11,257 | $1,006,000 | $364,900 | $641,100 |
2021 | $13,097 | $993,000 | $354,800 | $638,200 |
2020 | $10,930 | $1,075,000 | $354,800 | $720,200 |
2018 | $9,542 | $888,000 | $314,200 | $573,800 |
2017 | $8,212 | $789,000 | $314,200 | $474,800 |
2016 | $8,208 | $688,000 | $304,100 | $383,900 |
2015 | -- | $667,000 | $273,700 | $393,300 |
2014 | -- | $542,000 | $273,700 | $268,300 |
2013 | -- | $562,000 | $253,400 | $308,600 |
Seller's Agent in 2024
Corey Crain
Keller Williams Realty Bothell
(425) 387-0853
1 in this area
41 Total Sales
Buyer's Agent in 2024
Tyler Ambrozic
AgencyOne Realty
(206) 953-7058
1 in this area
4 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2211292
APN: 866590-0010