Listed by Keller Williams Western Realty, Bought with Windermere RE Skagit Valley
NOT LISTED FOR SALE

205 W Nelson St Sedro Woolley, WA 98284

Estimated Value: $710,000 - $900,000

9 Beds
2 Baths
2,935 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $540,000 $184 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,878/month

5 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • 1-Story Property
  • Corner Lot
  • Wood Siding

About This Home

As of February 2020

Low Maintenance tri-plex conveniently located in the heart of Sedro Woolly. Never a problem renting out units! Double pained windows. Easy to maintain ground floor units with laminate flooring. Plenty of parking with 8 spaces and additional room to park in the street. All units have attached garages. With rent increase on 3 bedroom units to $1600 each and 2 bedroom rent increased to 1300 potential cap rate would be much more. 2 bedroom unit has a bonus room with egress. Great Opportunity!

Last Agent to Sell the Property

Don Hammons

Keller Williams Western Realty License #27977 Listed on: 12/18/2019

Keller Williams Western Realty

Last Buyer's Agent

Spencer Roozen

Windermere RE Skagit Valley License #116915

Windermere RE Skagit Valley

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1548891

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 2007

Lot Details

  • 10,000 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,935 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Sedro Woolley Subdivision

Listing and Financial Details

  • Assessor Parcel Number P37587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,570

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2935
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Sedro
  • WaterCompany: Skagit PUD
  • WaterSewerGarbage: 4161

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Sedro Woolley
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P37587
  • Lot Size Acres: 0.2296
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: See Remarks
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 43047

Multi Family

  • Gross Scheduled Income: 4225
  • Net Operating Income: 31072
  • Number Of Units Total: 3
  • Insurance Expense: 1041
  • Leasable Area: 2935
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3570

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 18, 2020
Sold by
Wright John S and Wright Elaine L
Bought by
Roozen Spencer and Roozen Alana
Seller's Agent
Don Hammons
Keller Williams Western Realty
Buyer's Agent
Spencer Roozen
Windermere RE Skagit Valley
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%
Current Estimated Value
$820,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,658
Avg. Annual Appreciation
7.69%
Original Mortgage
$405,000
Outstanding Balance
$358,599
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$462,059

Purchase Details

Listed on
Dec 18, 2019
Closed on
Dec 31, 2019
Sold by
Wright John S and Wright Elaine L
Bought by
Wright John S and Wright Elaine L
Seller's Agent
Don Hammons
Keller Williams Western Realty
Buyer's Agent
Spencer Roozen
Windermere RE Skagit Valley
List Price
$500,000
Sold Price
$540,000
Premium/Discount to List
$40,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$358,599
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$462,059

Purchase Details

Closed on
Feb 26, 2019
Sold by
Wright John S and Wright Elaine L
Bought by
Wright John S and Wright Elaine L

Purchase Details

Closed on
Jan 18, 2011
Sold by
5Th & Alexander Llc
Bought by
Wright John and Wright Elaine

Purchase Details

Closed on
Nov 28, 2007
Sold by
Wright John S and Wright Elaine L
Bought by
5Th & Alexander Llc

Purchase Details

Closed on
Mar 21, 2007
Sold by
5Th & Alexander Llc
Bought by
Wright John S and Wright Elaine L

Purchase Details

Closed on
Feb 15, 2006
Sold by
Jones Larry
Bought by
5Th & Alexander Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Roozen Spencer $540,000 Chicago Title
Wright John S -- None Available
Wright John S -- None Available
Wright John -- None Available
5Th & Alexander Llc -- None Available
Wright John S -- None Available
5Th & Alexander Llc $90,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roozen Spencer $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2020 02/18/20 Sold $540,000 +8.0% $184 / Sq Ft
12/23/2019 12/23/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $500,000 -- $170 / 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
2024 $6,325 $691,000 $268,100 $422,900
2023 $6,325 $680,400 $257,500 $422,900
2022 $5,324 $647,800 $232,000 $415,800
2021 $4,755 $523,400 $167,000 $356,400
2020 $4,184 $436,200 $0 $0
2019 $3,570 $445,300 $0 $0
2018 $3,873 $415,500 $0 $0
2017 $3,556 $339,100 $0 $0
2016 $3,602 $315,800 $93,600 $222,200
2015 $4,183 $299,200 $88,700 $210,500
2013 $3,677 $297,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1548891

Northwest Multiple Listing Service (NWMLS)

APN: P37587