Listed by John L. Scott, Inc., Bought with RE/MAX Integrity
NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,084,000

6 Beds
5 Baths
2,820 Sq Ft
$362/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $432,000 $153 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,005/month

83 Days on Market

Highlights

  • Thermal Windows
  • High Speed Internet
  • Partially Fenced Property
  • Patio
  • Property is in very good condition
  • Wood Siding

About This Home

As of October 2015

Get instant cash flow with this newer well maintained custom built duplex. Quiet tree-lined street. Both sides have large master suites, built-in vac. systems, gas fireplace, all appliances stay. New exterior paint. Long term tenants pay all utilities. Mukilteo School District. Newly painted exterior & interior, low vacancy rate - long term tenants excellent cash flow

Last Agent to Sell the Property

Kyle Bush

John L. Scott, Inc. License #87074 Listed on: 06/10/2015

John L. Scott, Inc.

Co-Listed By

Robert Street

Columbia Partners Real Estate License #103055

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 801303

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1998

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Silver Acres 7 Condos
  • Mariner Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / 000D00
  • Assessor Parcel Number 5742000059

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,612

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Silver Acres 7
  • New Construction: No
  • CalculatedSquareFootage: 2820
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

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: Community
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 5742000059
  • Lot Size Acres: 0.3547
  • Lot Size Sq Ft: 15450
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Snohomish County Records
  • ZoningJurisdiction: County
  • LotNumber: 59

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1332
  • LeasedItems: None
  • TotalMonthlyIncome: 3095

Multi Family

  • Gross Scheduled Income: 37140
  • Net Operating Income: 31496
  • Number Of Units Total: 2
  • Insurance Expense: 1032
  • Leasable Area: 2820
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 29, 2015
Sold by
Everett 21 Llc
Bought by
Adams Jonathan R and Adams Nona
Seller's Agent
Kyle Bush
John L. Scott, Inc.
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$495,000
Sold Price
$432,000
Premium/Discount to List
-$63,000
-12.73%
Current Estimated Value
$1,021,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$589,211
Avg. Annual Appreciation
8.55%
Original Mortgage
$324,000
Outstanding Balance
$259,842
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$720,558

Purchase Details

Listed on
Jun 10, 2015
Closed on
Sep 14, 2015
Sold by
Shilling Steve and Shilling Lisa
Bought by
Everett 21 Llc
Seller's Agent
Kyle Bush
John L. Scott, Inc.
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$495,000
Sold Price
$432,000
Premium/Discount to List
-$63,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Outstanding Balance
$259,842
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$720,558

Purchase Details

Closed on
Apr 1, 2006
Sold by
Shilling Steve
Bought by
21 Everett Llc

Purchase Details

Closed on
Oct 3, 2005
Sold by
Shilling Lisa
Bought by
Shilling Steven L and Shilling Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,500
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2005
Sold by
Shilling Steve and Shilling Lisa
Bought by
21 Everett Llc

Purchase Details

Closed on
Oct 16, 2002
Sold by
Oswald Glen A and Oswald Hollie
Bought by
Shilling Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,300
Interest Rate
6.09%

Purchase Details

Closed on
May 20, 1998
Sold by
Legacy Homes Nw Inc
Bought by
Oswald Glen A and Oswald Hollie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.11%

Purchase Details

Closed on
Jul 8, 1997
Sold by
Oak Crest Homes Inc
Bought by
Legacy Homes Nw Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1996
Sold by
Paylor Charlene Marie
Bought by
Oak Crest Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
8.2%
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
Adams Jonathan R $432,000 First American Title Ins Co
21 Everett Llc -- Accommodation
Shilling Steven L $56,179 Pnwt
Shilling Lisa $56,179 Pnwt
21 Everett Llc $14,044 --
Shilling Lisa A $310,400 --
Shilling Lisa A -- Commonwealth Land Title
Oswald Glen A $250,000 --
Legacy Homes Nw Inc -- --
Oak Crest Homes Inc $70,500 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Jonathan R $324,000
Previous Owner Shilling Lisa $246,500
Previous Owner Shilling Lisa A $248,300
Previous Owner Oswald Glen A $150,000
Previous Owner Legacy Homes Nw Inc $161,000
Previous Owner Oak Crest Homes Inc $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2015 10/02/15 Sold $432,000 -12.7% $153 / Sq Ft
09/02/2015 09/02/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $495,000 -- $176 / 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 $7,091 $860,600 $436,000 $424,600
2024 $7,091 $824,600 $400,000 $424,600
2023 $7,261 $884,200 $415,000 $469,200
2022 $6,680 $687,300 $289,000 $398,300
2020 $5,746 $574,200 $231,000 $343,200
2019 $4,958 $494,500 $201,000 $293,500
2018 $5,161 $449,800 $171,000 $278,800
2017 $4,645 $413,000 $153,000 $260,000
2016 $3,902 $341,400 $133,000 $208,400
2015 $3,956 $317,300 $123,000 $194,300
2013 $3,366 $250,700 $88,000 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 801303

Northwest Multiple Listing Service (NWMLS)

APN: 005742-000-059-00