NOT LISTED FOR SALE

Estimated Value: $787,000 - $846,000

5 Beds
2 Baths
1,040 Sq Ft
$783/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $470,000 $452 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,866/month

10 Days on Market

Highlights

  • Secluded Lot
  • Wood Siding
  • 1-Story Property
  • Edmonds Woodway High School Rated A-
  • Wall to Wall Carpet

About This Home

As of October 2017

Great opportunity to own in fast growing Lynnwood. 15,000 sq ft. of land with two homes zoned RMM. Put up to 5-6 units potentially. Income while you develop from rents. Do not disturb renters. Interior inspection with signed purchase and sale agreement. Two homes on property. interior needs some work. value in land

Last Agent to Sell the Property

Dave Watkins

Windermere Real Estate GH LLC License #4742 Listed on: 08/31/2017

Windermere Real Estate GH LLC

Last Buyer's Agent

Dave Watkins

Windermere Real Estate GH LLC License #4742 Listed on: 08/31/2017

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1187405

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,864

Year Built

  • Built in 1947

Lot Details

  • 0.34 Acre Lot
  • Secluded Lot
  • Value in Land
  • Property is in average condition

Home Design

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

Interior Spaces

  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Lynnwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563500200700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,864

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1947
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 380

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Hot Water Recirc Pump, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Secluded, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00563500200700
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: county assessors

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2075

Multi Family

  • Gross Scheduled Income: 24900
  • Number Of Units Total: 2
  • Leasable Area: 2000
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2023
Sold by
Pnwb2 Llc
Bought by
Vemulakonda Sri Sai Anirudh and Jukkalker Aishwarya Kaushik
Current Estimated Value
$814,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,000
Outstanding Balance
$587,933
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$226,320

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 18, 2017
Sold by
Mclaughlin Joseph P and Mclaughlin Carol
Bought by
20102 Apartments Llc
Seller's Agent
Dave Watkins
Windermere Real Estate GH LLC
Buyer's Agent
Dave Watkins
Windermere Real Estate GH LLC
List Price
$495,000
Sold Price
$470,000
Premium/Discount to List
-$25,000
-5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Mclaughlin Joseph P
Bought by
Mclaughlin Joseph P and Mclaughlin Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vemulakonda Sri Sai Anirudh $760,000 None Listed On Document
20102 Apartments Llc $470,000 Chicago Title Company Of Wa
Mclaughlin Joseph P -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vemulakonda Sri Sai Anirudh $608,000
Closed Vemulakonda Sri Sai Anirudh $608,000
Previous Owner Pnwb2 Llc $5,839,000
Previous Owner Mclaughlin Joseph P $60,000
Previous Owner Mclaughlin Joseph P $125,000
Previous Owner Mclaughlin Joseph P $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $470,000 -5.1% $452 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $495,000 -- $476 / 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 $5,569 $725,600 $213,200 $512,400
2024 $5,569 $717,900 $205,500 $512,400
2023 $644 $86,300 $74,200 $12,100
2022 $4,648 $509,700 $384,100 $125,600
2020 $3,275 $318,300 $219,500 $98,800
2019 $2,792 $272,300 $177,700 $94,600
2018 $2,769 $239,600 $149,000 $90,600
2017 $2,370 $223,700 $146,400 $77,300
2016 $2,235 $211,300 $133,300 $78,000
2015 $2,547 $226,400 $133,300 $93,100
2013 $2,621 $221,000 $128,100 $92,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1187405

Northwest Multiple Listing Service (NWMLS)

APN: 005635-002-007-00