NOT LISTED FOR SALE

21016 80th Place W Edmonds, WA 98026

Estimated Value: $954,000 - $1,197,000

5 Beds
3 Baths
2,307 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $570,000 $247 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,593/month

114 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of August 2016

Excellent investment opportunity! Tri-plex with updated units. All units have private, fenced backyards. Laundry in each unit. Newer carpet and paint throughout. Located on a dead end, close to bus line. Also, listed is 21028 80th Pl W

Last Listed By

Debbie Long

Windermere Real Estate M2 LLC License #27244 Listed on: 03/28/2016

Windermere Real Estate M2 LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 910155

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,307 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Lumar Addition Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 000 D-00
  • Assessor Parcel Number 00500800000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,083

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1969
  • Buyer Agency Compensation: **3**
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lumar Addition
  • New Construction: No
  • CalculatedSquareFootage: 2307
  • Special Features: None
  • Cumulative Days on Market: 265

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Sno PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 2700

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00500800000400
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2450

Multi Family

  • Gross Scheduled Income: 29400
  • Net Operating Income: 20770
  • Number Of Units Total: 6
  • Insurance Expense: 847
  • Leasable Area: 2305
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jul 28, 2016
Sold by
Pedersen Einar K and Pedersen Stacey L
Bought by
Celie Vincent and Murphy Aileen
Seller's Agent
Debbie Long
Windermere Real Estate M2 LLC
Buyer's Agent
Christian Moulin
Windermere RE Greenwood
List Price
$579,900
Sold Price
$570,000
Premium/Discount to List
-$9,900
-1.71%
Total Days on Market
114
Current Estimated Value
$1,094,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,863
Avg. Annual Appreciation
7.53%
Original Mortgage
$427,500
Outstanding Balance
$348,405
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$730,182

Purchase Details

Closed on
Mar 21, 2006
Sold by
Mondress Honey A
Bought by
Pedersen Einar K and Pedersen Stacey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,750
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2000
Sold by
Kleven Roger G and Kleven Rozella J
Bought by
Mondress Honey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
8.24%

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
Celie Vincent $570,000 Cw Title
Pedersen Einar K $402,500 Stewart
Mondress Honey A $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celie Vincent $427,500
Previous Owner Pedersen Einar K $281,750
Previous Owner Mondress Honey A $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $570,000 -1.7% $247 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $579,900 +1.7% $251 / Sq Ft
05/25/2016 05/25/16 Off Market $570,000 -- --
04/05/2016 04/05/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $579,900 -- $251 / 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 $5,929 $915,000 $457,500 $457,500
2024 $5,929 $840,000 $417,500 $422,500
2023 $4,600 $675,000 $365,000 $310,000
2022 $4,954 $598,000 $312,500 $285,500
2020 $4,934 $531,000 $272,000 $259,000
2019 $4,462 $484,000 $183,800 $300,200
2018 $4,673 $438,000 $165,000 $273,000
2017 $3,515 $345,000 $153,800 $191,200
2016 $3,083 $300,000 $150,000 $150,000
2015 $3,012 $276,000 $142,500 $133,500
2013 $2,791 $241,500 $142,500 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 910155

Northwest Multiple Listing Service (NWMLS)

APN: 005008-000-004-00