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
Windermere Real Estate M2 LLCLicense #27244Listed on: 03/28/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 910155
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
DateNameOwned ForOwner Type
Jul 2016 - PresentCelie Vincent and Murphy Aileen8 Years and 10 Months
Private Individual
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
Mar 2006 - Jul 2016Pedersen Einar K and Pedersen Stacey L10 Years and 4 Months
Private Individual
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
Apr 2000 - Mar 2006Mondress Honey A5 Years and 11 Months
Private Individual
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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Edmonds Duplex just 2 block off Hiway 99 on 240th St SW. Unit 1 sparkling clean & totally remodeled 2019 with new siding, windows, luxury vinyl flooring, roof, electrical, plumbing, total kitchen & bath, and more. Unit 2 similar remodel 2021. Unit 2 rented for $1850 great tenants. Unit 1 vacant and ready for owner/occupant or rent it for $2200+/mo. Fully fenced lower yard unit 1, partially
Don't miss this exceptional investment opportunity in the heart of sought-after Edmonds on a large lot! This well-maintained move-in-ready duplex features two spacious units—one offering 3 bedrooms/1 bathroom, the other with 2 bedrooms/1 bathroom. Separate electric meters and W/D in each unit. Both units enjoy the convenience of private one-car garages and ample off-street parking. Tenants will
This single family home could be easily converted into a duplex. Both main & lower levels are 1214 sf and both levels offer a kitchen, laundry, bathroom, living room w/ fireplace & 2 bedrooms. Well-organized layout with w/bedrooms located on opposite sides & bathroom in between. Many updates including remodeled kitchen & updated bathrooms. Zoned LDMR which allows for additional development of
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 21016 80th Place W, Edmonds, WA 98026 since 28 March 2016 and is currently estimated at $1,094,863, approximately $474 per square foot. This property was built in 1969. 21016 80th Place W is a home located in Snohomish County with nearby schools including College Place Elementary School, College Place Middle School, and Edmonds Woodway High School.
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