NOT LISTED FOR SALE

21125 78th Ave W Unit A,B,C Edmonds, WA 98026

Estimated Value: $966,000 - $1,248,000

6 Beds
3 Baths
3,600 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $975,000 $271 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,973/month

44 Days on Market

Highlights

  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of May 2021

Centrally Located in Edmonds, close to schools, hospitals, recreation, shopping & transportation. Townhome style rental units with brick on lower level & vinyl siding on upper level. Each unit has a private patio space in a fully fenced back yard with lovely landscaping in both the front and back of units. Long term prompt paying tenants (all want to stay). A & B units have the same floorplan and unit C is flipped. All units have a kitchen, living room, dining room, stairs & an extra storage unit. Upper level has an extraordinarily large master bedroom, large 2nd bedroom, deep closets and full bath. Eight (8) parking spaces (unassigned). New roof in 2016, new fence in 2015 & new vinyl windows in 2003.

Last Listed By

Rhoda Kiely

Daily Realty Group LLC License #81431 Listed on: 02/09/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1725116

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,853

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Willowdale Gardens Div. 1 Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00614300002001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,853

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1978
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Willowdale Gardens Div. 1
  • New Construction: No
  • CalculatedSquareFootage: 3600
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 293

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 3132

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00614300002001
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio
  • MLSLotSizeSource: Snohomish Cty Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 27
  • LeasedItems: None
  • TotalMonthlyIncome: 3490

Multi Family

  • Gross Scheduled Income: 42450
  • Net Operating Income: 31965
  • Number Of Units Total: 3
  • Insurance Expense: 1500
  • Leasable Area: 3600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2022
Sold by
Vanhorn Matthew T
Bought by
Aglika Chavdarova Ivanova Vanhorn Revocable T
Total Days on Market
44
Current Estimated Value
$1,154,350

Purchase Details

Listed on
Feb 9, 2021
Closed on
May 4, 2021
Sold by
Rpa Properties Llc
Bought by
Vanhorn Matthew T and Vanhorn Van Horn
Seller's Agent
Rhoda Kiely
Daily Realty Group LLC
Buyer's Agent
Joe Loutsis
Windermere R.E. Northeast, Inc
List Price
$1,150,000
Sold Price
$975,000
Premium/Discount to List
-$175,000
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$0
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Arnhold Roy L and Arnhold Pamela A
Bought by
Rpa Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2012
Sold by
Rpa Properties Llc
Bought by
Arnhold Roy L and Arnhold Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2004
Sold by
Arnhold Roy L and Arnhold Pamela A
Bought by
Rpa Properties Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Rpa Properties Llc
Bought by
Arnhold Roy L and Arnhold Pamela A

Purchase Details

Closed on
May 15, 2003
Sold by
Arnhold Roy L and Arnhold Pamela A
Bought by
Rpa Properties Llc

Purchase Details

Closed on
Jun 19, 2002
Sold by
Edmonds Eve S and Williams Suzanne T
Bought by
Arnhold Roy L and Arnhold Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%

Purchase Details

Closed on
Jul 17, 1998
Sold by
David & Eleanor Nicholls Family Lp
Bought by
Williams Suzanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 21, 1998
Sold by
Nicholls John D
Bought by
David & Eleanor Nicholls Family Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.01%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Nicholls Eleanor A
Bought by
David & Eleanor Nicholls Family Lp

Purchase Details

Closed on
Mar 15, 1994
Sold by
Nicholls David W and Nicholls Eleanor A
Bought by
Nicholls John D and Nicholls David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7%

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
Aglika Chavdarova Ivanova Vanhorn Revocable T $313 None Listed On Document
Vanhorn Matthew T -- Old Republic Title
Rpa Properties Llc -- None Available
Arnhold Roy L $1,123 None Available
Rpa Properties Llc -- --
Arnhold Roy L -- --
Rpa Properties Llc -- --
Arnhold Roy L $380,000 --
Williams Suzanne T $365,000 --
David & Eleanor Nicholls Family Lp -- --
David & Eleanor Nicholls Family Lp -- --
David & Eleanor Nicholls Family Lp -- --
Nicholls John D $41,121 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhorn Matthew T $0
Previous Owner Arnhold Roy L $200,500
Previous Owner Rpa Properties Llc $125,000
Previous Owner Arnhold Roy L $240,000
Previous Owner Williams Suzanne T $215,000
Previous Owner Nicholls John D $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $975,000 -15.2% $271 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $1,150,000 -- $319 / 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 $6,880 $1,035,000 $501,600 $533,400
2024 $6,880 $975,000 $455,500 $519,500
2023 $6,334 $930,000 $398,400 $531,600
2022 $6,111 $738,000 $338,300 $399,700
2020 $5,852 $630,000 $281,000 $349,000
2019 $5,189 $563,000 $220,500 $342,500
2018 $5,952 $558,000 $198,000 $360,000
2017 $5,133 $504,000 $184,500 $319,500
2016 $3,883 $378,000 $180,000 $198,000
2015 $3,731 $342,000 $171,000 $171,000
2013 $3,362 $291,000 $171,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1725116

Northwest Multiple Listing Service (NWMLS)

APN: 006143-000-020-01