Listed by Keller Williams North Seattle, Bought with Keller Williams Eastside
NOT LISTED FOR SALE

2007 204th St SW Unit A/B Lynnwood, WA 98036

Alderwood Manor Neighborhood

Estimated Value: $1,329,000 - $1,806,000

8 Beds
4 Baths
3,650 Sq Ft
$423/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $1,100,000 $301 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,084/month

37 Days on Market

Highlights

  • Mountain View
  • Patio
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition
  • Mini Split Air Conditioners

About This Home

As of March 2020

Amazing duplex in convenient south Lynnwood. Only 1 year old, this large duplex is a great opportunity for the discerning investor or owner occupant. Modern finishes, spacious layout! Peek-a-boo sunset & mountain views from the master suites, amazing kitchens, grassy yards, & attached 2-car garages on a quiet street. Super close access to both I-5 & I-405. A very rare, practically brand-new multi-family opportunity! Both sides currently rented; tenants pay all utilities. Please do not disturb.

Last Agent to Sell the Property

Kristi Sundquist

Keller Williams North Seattle License #27650 Listed on: 12/19/2019

Keller Williams North Seattle

Last Buyer's Agent

Bob Richey

Keller Williams Eastside License #101189

Keller Williams Eastside

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1549204

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 2018

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

HOA Fees

  • $87 Monthly HOA Fees

Property Views

  • Mountain
  • Territorial
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Hazelwood Elementary School
  • Alderwood Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • Mini Split Air Conditioners
  • Natural Gas Connected

Community Details

  • Alderwood Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27042300213000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,605

Year Built

Built in 2018

Lot Details

0

HOA Fees

$87 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2018
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3650
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: Alderwood Water
  • WaterCompany: Alderwood Water
  • WaterSewerGarbage: 6000

Condo/Co-op/Association

  • Association Fee: 1043
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Edmonds
  • High School: Mountlake Terrace Hi
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 27042300213000
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5390

Multi Family

  • Gross Scheduled Income: 64680
  • Net Operating Income: 53640
  • Number Of Units Total: 2
  • Insurance Expense: 1391
  • Leasable Area: 3650
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2605

MLS Schools

  • Elementary School: Hazelwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Koko West Properties Llc
Bought by
Koko West Properties Llc
Current Estimated Value
$1,543,376

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 4, 2020
Sold by
Dotes Llc
Bought by
Koko West Properties Llc
Seller's Agent
Kristi Sundquist
Keller Williams North Seattle
Buyer's Agent
Bob Richey
Keller Williams Eastside
List Price
$1,135,000
Sold Price
$1,100,000
Premium/Discount to List
-$35,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
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
Koko West Properties Llc -- Accommodation
Koko West Properties Llc $1,100,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $1,100,000 -3.1% $301 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $1,135,000 -- $311 / 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 $9,286 $1,281,000 $499,600 $781,400
2024 $9,286 $1,112,200 $460,800 $651,400
2023 $10,163 $1,276,500 $591,700 $684,800
2022 $10,297 $1,056,000 $345,300 $710,700
2020 $8,691 $793,700 $291,700 $502,000
2019 $2,605 $291,700 $291,700 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1549204

Northwest Multiple Listing Service (NWMLS)

APN: 270423-002-130-00