NOT LISTED FOR SALE
-- Bed
-- Bath
4,544 Sq Ft
0.25 Acres

Last Sold December 10, 2012

Last sale price $2,350,000 $517 Per Sq Ft

71 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Partially Fenced Property
  • Edmonds Woodway High School Rated A-
  • Patio
  • Wood Siding

About This Home

As of December 2012

Stevens Place is a bank-owned 15-unit apartment. Built in 1980, both the improvements and grounds were beautifully renovated to condo standards in 2009. None of the units have been previously sold and the units are currently occupied by tenants paying market rate rent. New debt may be placed on the property to purchase. Each unit has a slider to a private backyard or deck and each has 2 parking spaces including a garage and one outdoor space. Contact listing agent for marketing package.

Last Agent to Sell the Property

Rich Walker

Paragon Real Estate Advisors License #2597 Listed on: 07/23/2012

Last Buyer's Agent

Rich Walker

Paragon Real Estate Advisors License #2597 Listed on: 07/23/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 393576

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,687

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Partially Fenced Property

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 30 Parking Spaces
  • 15 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00501300001200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,687

Year Built

Built in 1980 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1980
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 15
  • Open Parking Spaces: 15
  • Open Parking: Yes
  • Total Parking Spaces: 30
  • ParkingUncoveredSpaces: 15

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00501300001200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 19110

Multi Family

  • Gross Scheduled Income: 229320
  • Net Operating Income: 153198
  • Number Of Units Total: 15
  • Insurance Expense: 3427
  • Leasable Area: 13440
  • UnitsInBuildingTotal: 15
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2012
  • Tax Annual Amount: 15687

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 List to Sale Price per Sq Ft
12/10/2012 12/10/12 Sold $2,350,000 -7.8% $517 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $2,550,000 -- $561 / 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: 393576

Northwest Multiple Listing Service (NWMLS)

APN: 00501300001400