Estimated payment $5,647/month
Highlights
- Views of a Sound
- Patio
- Forced Air Heating System
- No HOA
- Vinyl Plank Flooring
- High Speed Internet
About This Home
Exceptional newer construction duplex with North Bay views in Allyn! Built in 2022, this thoughtfully designed 2-story duplex offers a rare investment or living opportunity with two identical mirrored units, each featuring a spacious open-concept layout, high ceilings, and durable vinyl plank flooring throughout. Each unit includes a beautifully appointed kitchen with an 8-foot quartz island, farmhouse sink, propane range, crown molding cabinetry, and soft-close cabinets, ideal for everyday living and entertaining. The primary suite offers a walk-in closet and an ensuite bath with soaking tub, oversized walk-in shower, and double sinks. Additional features include tankless on-demand water heaters, dedicated mudrooms, and two-car garages for each unit. Situated on a fully fenced 7,841 sq ft lot, the property offers peaceful North Bay territorial and partial water views. Conveniently located near Lakeland Village Golf Course and the Allyn waterfront. Investment highlights include projected gross rents of $67,080 annually, 6% vacancy estimate, and adjusted gross income of $63,055. Operating expenses approximately $6,585 annually with an estimated NOI of $56,470. At a list price of $989,000, this reflects an approximate 5.7% cap rate. Buyer to verify all information to their satisfaction.
Co-Listing Agent
Monique Losk
RE/MAX Realty South License #25015339
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2498531
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,852
Year Built
- Built in 2022
Lot Details
- 7,841 Sq Ft Lot
- Street terminates at a dead end
- Partially Fenced Property
- Property is in very good condition
Parking
- 4 Car Garage
Property Views
- Views of a Sound
- Bay
- Canal
- Territorial
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 3,502 Sq Ft Home
- 2-Story Property
- Vinyl Plank Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Propane
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Sherwood Ave Addition Condos
- Allyn Subdivision
Listing and Financial Details
- Assessor Parcel Number 122205060001
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,919 | $751,395 | $23,600 | $727,795 |
| 2024 | $4,919 | $636,385 | $45,080 | $591,305 |
| 2023 | $4,323 | $486,300 | $35,775 | $450,525 |
| 2022 | $332 | $36,880 | $31,880 | $5,000 |
| 2021 | $295 | $36,880 | $31,880 | $5,000 |
| 2020 | $137 | $33,980 | $28,980 | $5,000 |
| 2018 | $353 | $29,870 | $27,120 | $2,750 |
| 2017 | $339 | $29,890 | $27,140 | $2,750 |
| 2016 | $417 | $29,640 | $27,140 | $2,500 |
| 2015 | $417 | $36,660 | $36,660 | $0 |
| 2014 | -- | $37,050 | $37,050 | $0 |
| 2013 | -- | $31,200 | $31,200 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/26/2026 03/26/26 | For Sale | $989,000 | -- | $282 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $895,000 | Aegis Land Title | |
| Warranty Deed | $30,000 | Aegis Land Title Group | |
| Warranty Deed | $47,719 | Land Title Co | |
| Warranty Deed | $25,719 | Land Title Co | |
| Warranty Deed | $58,219 | Land Title Co | |
| Warranty Deed | $33,242 | Land Title Company | |
| Warranty Deed | $27,942 | Land Title Co | |
| Warranty Deed | $70,474 | Land Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $100,000 | No Value Available | |
| Open | $650,000 | New Conventional |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2498531
APN: 12220-50-60001
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Ask me questions while you tour the home.