NOT LISTED FOR SALE

Estimated Value: $1,103,000 - $1,299,003

6 Beds
3 Baths
2,501 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $1,000,000 $400 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,360/month

9 Days on Market

Highlights

  • Deck
  • Territorial View
  • Thermal Windows
  • Canyon Creek Elementary School Rated A
  • Corner Lot
  • Property is in very good condition

About This Home

As of May 2021

Beautifully Maintained Tri-Plex!! Location, location, location... blocks from SR 527. Situated on just over 1/4 acre of a Mature Landscaped Lot. Pride of ownership shows in every detail throughout the property. Unit A, 2 Bed, 1 Bath, 855 sqft, occupied since 2014, month to month - Unit B (Vacant/Covid), 2 Bed, 1 Bath, 815 sqft - Unit C, 2 Bed, 1 Bath, 815 sqft, occupied since 2017, month to month. Owner since 1984, the McDonalds from CA along with help from local family have kept this building in excellent condition, no expense spared. Perfect property for someone looking for move-in ready. Ground floor shared Laundry, 3 Covered Parking Spots, plenty of space for visitor parking, Composite Decking, Territorial Views. Must see for everyone!!

Last Listed By

Eric Jacobson

Skyline Properties, Inc. License #51811 Listed on: 03/17/2021

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1744236

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,308

Year Built

  • Built in 1981

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Canyon Creek Elementary School
  • Skyview Middle School
  • Bothell High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Canyon Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00703700000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,308

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1981
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2501
  • SOCComments: Thank you for your hard work!!
  • Special Features: None
  • Cumulative Days on Market: 247

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Snoho PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 1914

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Northshore
  • High School: Bothell Hs
  • Middle Or Junior School: Skyview Middle School

Lot Info

  • Parcel Number: 00703700000100
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6308

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 426
  • Insurance Expense: 2120
  • Leasable Area: 2485
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Canyon Creek Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
May 5, 2021
Sold by
Chen Youqin
Bought by
He Zonggan
Seller's Agent
Eric Jacobson
Skyline Properties, Inc.
Buyer's Agent
Mary Pong
COMPASS
List Price
$750,000
Sold Price
$1,000,000
Premium/Discount to List
$250,000
33.33%
Total Days on Market
9
Current Estimated Value
$1,188,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,251
Avg. Annual Appreciation
4.59%
Original Mortgage
$650,000
Outstanding Balance
$596,518
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$599,749

Purchase Details

Listed on
Mar 17, 2021
Closed on
Apr 19, 2021
Sold by
Mcdonald M M and Mcdonald Leslie B
Bought by
Chen Zhirong and He Huiqin
Seller's Agent
Eric Jacobson
Skyline Properties, Inc.
Buyer's Agent
Mary Pong
COMPASS
List Price
$750,000
Sold Price
$1,000,000
Premium/Discount to List
$250,000
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$596,518
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$599,749

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
He Zonggan -- First American Title
Chen Zhirong $1,000,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhirong $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $1,000,000 +33.3% $400 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/17/2021 03/17/21 For Sale $750,000 -- $300 / 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 $8,879 $980,000 $419,500 $560,500
2024 $8,879 $960,000 $419,500 $540,500
2023 $7,881 $945,000 $409,500 $535,500
2022 $6,864 $651,000 $374,200 $276,800
2020 $5,848 $520,000 $351,600 $168,400
2019 $4,742 $420,500 $248,200 $172,300
2018 $5,724 $480,000 $286,300 $193,700
2017 $4,797 $405,000 $214,700 $190,300
2016 $4,735 $390,000 $189,500 $200,500
2015 $3,903 $300,000 $157,900 $142,100
2013 $3,935 $270,000 $157,900 $112,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1744236

Northwest Multiple Listing Service (NWMLS)

APN: 007037-000-001-00