NOT LISTED FOR SALE
2 Beds
1 Bath
10,320 Sq Ft
0.46 Acres

Last Sold April 13, 2021

Last sale price $3,050,000 $296 Per Sq Ft

35 Days on Market

Highlights

  • 0.46 Acre Lot
  • Wood Siding
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of April 2021

Seattle Heights is a rare opportunity to purchase a 15 unit property in Edmonds with upside potential. A few of the units have been updated with new kitchens, paint, and flooring while 9 units have W/D in unit. The unit mix consisted heavily of 2 bedroom layouts (12 total), over 1:1 parking ratio and coveted Edmonds School District.

Last Agent to Sell the Property

Steve Fischer

Northmarq Multifamily, LLC License #87455 Listed on: 12/07/2020

Co-Listed By

Tyler Smith

Northmarq Multifamily, LLC License #24028396

Last Buyer's Agent

Adam Cobb

Windermere Real Estate GH LLC License #100973

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1696329

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,801

Year Built

  • Built in 1962

Lot Details

  • 0.46 Acre Lot

Home Design

  • Flat Roof Shape
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10,320 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 21 Parking Spaces
  • Open Parking

Community Details

  • Upper Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0566900400301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,801

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1962
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10320
  • Special Features: VirtualTour
  • Cumulative Days on Market: 320

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 21
  • Open Parking: Yes
  • Total Parking Spaces: 21
  • ParkingUncoveredSpaces: 21

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 22368

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 0566900400301
  • Lot Size Acres: 0.46
  • Lot Size Sq Ft: 20038
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Snohomish County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 21340

Multi Family

  • Gross Scheduled Income: 265080
  • Net Operating Income: 160543
  • Number Of Units Total: 15
  • Insurance Expense: 4200
  • Leasable Area: 10320
  • EnergySource: Electric
  • UnitsInBuildingTotal: 15
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 18801
  • AdditionalTaxIds: 0056900400302

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $3,050,000 -6.2% $296 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $3,250,000 +283.3% $315 / Sq Ft
02/23/2012 02/23/12 Sold $848,000 -10.7% $82 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $950,000 -- $92 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1696329

Northwest Multiple Listing Service (NWMLS)

APN: 00566900400301