Listed by Sound Point Real Estate LLC, Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $1,275,000 - $1,682,183

8 Beds
4 Baths
3,360 Sq Ft
$459/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,080,000 $321 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,127/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Patio
  • Edmonds Woodway High School Rated A-
  • Thermal Windows
  • 4-minute walk to Gold Park

About This Home

As of August 2020

Updated Lynnwood 4-Plex one block from Edmonds Community College. Complex has had one owner the past 35 years and it is in amazing condition. Features include: Four 2 bedroom/1 bathroom units, each unit is over 830 square feet, newer lighting, carpeting, appliances & paint throughout, each unit has a deck for entertaining, 8 parking stalls, parking lot recently resealed, newer fence, landscaped lot, close to new light rail station/bus line, coin operated laundry and tons of storage space.

Last Agent to Sell the Property

Keith Bruce

Sound Point Real Estate LLC License #11018 Listed on: 07/16/2020

Sound Point Real Estate LLC

Co-Listed By

Victor Meyer

Sound Point Real Estate LLC License #26016

Last Buyer's Agent

Shannon Olcese

Realogics Sotheby's Int'l Rlty License #27655

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1631443

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,146

Year Built

  • Built in 1976

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet

Community Details

  • Midway 5 Acre Tracts Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00515400000703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,146

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Midway 5 Acre Tracts
  • New Construction: No
  • CalculatedSquareFootage: 3360
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 353

Interior Features

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

Exterior Features

  • Roof: Flat
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • WaterSewerGarbage: 2500

Fee Information

  • Annual Fuel Expense: 120

Schools

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

Lot Info

  • Parcel Number: 00515400000703
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: public records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

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

Multi Family

  • Gross Scheduled Income: 81600
  • Number Of Units Total: 4
  • Electric Expense: 120
  • Insurance Expense: 1533
  • Leasable Area: 3360
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2019
  • Tax Annual Amount: 7146

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2020
Sold by
Ludiro Oktavianus and Widyanto Sofie
Bought by
Sky Quadplex Llc
Current Estimated Value
$1,543,046

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 11, 2020
Sold by
Foster Douglas L
Bought by
Widyanto Sofie and Ludiro Oktavianus
Seller's Agent
Keith Bruce
Sound Point Real Estate LLC
Buyer's Agent
Shannon Olcese
Realogics Sotheby's Int'l Rlty
List Price
$1,080,000
Sold Price
$1,080,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%
Original Mortgage
$810,000
Interest Rate
3%
Mortgage Type
New Conventional
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
Sky Quadplex Llc -- None Available
Widyanto Sofie $1,080,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Widyanto Sofie $810,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $1,080,000 0.0% $321 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $1,080,000 -- $321 / 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 $8,629 $1,176,800 $365,400 $811,400
2024 $8,629 $1,115,900 $365,400 $750,500
2023 $7,256 $973,300 $365,400 $607,900
2022 $8,895 $981,000 $349,200 $631,800
2020 $7,964 $775,000 $275,000 $500,000
2019 $7,146 $698,000 $188,000 $510,000
2018 $6,497 $563,000 $164,000 $399,000
2017 $4,656 $440,000 $159,000 $281,000
2016 $3,752 $355,000 $136,000 $219,000
2015 $3,631 $323,000 $116,000 $207,000
2013 $3,497 $295,000 $116,000 $179,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1631443

Northwest Multiple Listing Service (NWMLS)

APN: 005154-000-007-03