NOT LISTED FOR SALE

Estimated Value: $693,000 - $736,000

5 Beds
2 Baths
1,797 Sq Ft
$401/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $348,500 $194 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,264/month

11 Days on Market

Highlights

  • Lake View
  • Secluded Lot
  • Wood Siding
  • Deck
  • Thermal Windows
  • 1-minute walk to Centennial Trailhead at Lake Stevens

About This Home

As of October 2016

Investors! Duplex with view of Lake Stevens and walking distance to water, stores and restaurants. Perfect for owner occupied - live in one side and rent the other. Newly renovated and well maintained. Each unit has separate entry, #2018 is 3 bedrooms and 1 bath, #2016 is 2 bedrooms and 1 bath. Both have in-unit laundry and slider to private deck. Det 2 car garage. All appliances stay. #2016 is currently rented month-to-month at below market rent. Near downtown and bus stop.

Last Agent to Sell the Property

Patricia Johansen-Mitchell

The Preview Group License #124658 Listed on: 08/25/2016

The Preview Group

Last Buyer's Agent

Patricia Johansen-Mitchell

The Preview Group License #124658 Listed on: 08/25/2016

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1020147

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Lake Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Mt. Pilchuck Elementary School
  • Cavelero Middle School
  • Lake Stevens Snr Hig High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29060800215900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,309

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1797
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Lake
  • Lot Features: Dead End Street, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Restored
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Sno Co PUD
  • SewerCompany: Lake Stevens
  • WaterCompany: Sno Co PUD
  • WaterSewerGarbage: 3900

Schools

  • Junior High Dist: Lake Stevens
  • High School: Lake Stevens Snr Hig
  • Middle Or Junior School: Cavelero

Lot Info

  • Parcel Number: 29060800215900
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2950

Multi Family

  • Gross Scheduled Income: 35400
  • Net Operating Income: 27610
  • Number Of Units Total: 6
  • Insurance Expense: 581
  • Leasable Area: 1797
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3309

MLS Schools

  • Elementary School: Mt. Pilchuck Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Olliffe James D and Olliffe Pamela F
Bought by
Grant Cole and Grant Stephanie
Current Estimated Value
$720,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,750
Outstanding Balance
$485,450
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$235,200

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 17, 2016
Sold by
Baker Gary L and Baker Darcy C
Bought by
Olliffe James D and Olliffe Parnela F
Seller's Agent
Patricia Johansen-Mitchell
The Preview Group
Buyer's Agent
Patricia Johansen-Mitchell
The Preview Group
List Price
$349,000
Sold Price
$348,500
Premium/Discount to List
-$500
-0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$352,417
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 10, 2016
Sold by
Baker Gary L
Bought by
Baker Gary L and Baker Darcy C
Seller's Agent
Patricia Johansen-Mitchell
The Preview Group
Buyer's Agent
Patricia Johansen-Mitchell
The Preview Group
List Price
$349,000
Sold Price
$348,500
Premium/Discount to List
-$500
-0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,417
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Listed on
Aug 25, 2016
Closed on
Sep 6, 2016
Sold by
Baker John G
Bought by
Baker Gary L
Seller's Agent
Patricia Johansen-Mitchell
The Preview Group
Buyer's Agent
Patricia Johansen-Mitchell
The Preview Group
List Price
$349,000
Sold Price
$348,500
Premium/Discount to List
-$500
-0.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,417
Interest Rate
3.44%
Mortgage Type
VA

Purchase Details

Closed on
Oct 5, 1999
Sold by
Baker Darcy C
Bought by
Baker Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.82%

Purchase Details

Closed on
Jul 22, 1999
Sold by
Equity Investments
Bought by
Baker Gary L
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
Grant Cole $693,000 Chicago Title
Olliffe James D $348,500 Chicago Title
Baker Gary L -- None Available
Baker Gary L -- Accommodation
Baker Gary L -- --
Baker Gary L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Cole $519,750
Previous Owner Olliffe James D $352,417
Previous Owner Baker Gary L $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $348,500 -0.1% $194 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $349,000 0.0% $194 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $349,000 -- $194 / 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 $5,321 $608,400 $351,000 $257,400
2024 $5,321 $572,400 $315,000 $257,400
2023 $5,436 $635,600 $347,000 $288,600
2022 $5,509 $508,600 $244,000 $264,600
2020 $4,915 $422,800 $206,000 $216,800
2019 $4,490 $378,700 $184,000 $194,700
2018 $4,356 $347,300 $156,000 $191,300
2017 $3,477 $311,000 $131,000 $180,000
2016 $3,309 $274,400 $117,000 $157,400
2015 $2,891 $220,500 $100,000 $120,500
2013 $2,882 $193,100 $66,000 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1020147

Northwest Multiple Listing Service (NWMLS)

APN: 290608-002-159-00