Listed by Pacific Crest
NOT LISTED FOR SALE
-- Bed
-- Bath
40,483 Sq Ft
2.23 Acres

Last Sold May 25, 2023

Last sale price $11,995,214 $296 Per Sq Ft

50 Days on Market

Highlights

  • 2.23 Acre Lot
  • Corner Lot
  • Thermal Windows
  • Edmonds Woodway High School Rated A-
  • No HOA
  • Views

About This Home

As of May 2023

Delta Estates Townhomes is centrally located within walking distance of the Terrace Plaza shopping center situated just a few blocks from the I-5 freeway entrance and less than 5 minutes from the Transit Center which is near completion of the Gateway development project boasting the brand-new Pedestrian Plaza. Express bus routes, quick access to I-5 and the Transit Center provides residents with easy access to the surrounding Seattle and Eastside areas. Landing within the Edmonds School District, Delta Estates is just minutes from the local Elementary and High School. In addition, residents of this neighborhood find themselves within just a few minutes of the local Niles Shrine Golf Course and Lake Ballinger.

Last Agent to Sell the Property

Alan Wileman

Pacific Crest License #22001097 Listed on: 01/16/2023

Co-Listed By

Alfred Anderson

Pacific Crest License #111625

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2028015

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $95,339

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • 2.23 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 40,483 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 79 Parking Spaces
  • Open Parking

Schools

  • Chase Lake Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Delta Estates Condos
  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27042900100500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$95,339

Year Built

Built in 1985 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1985
  • Buyer Agency Compensation: .5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Delta Estates
  • New Construction: No
  • CalculatedSquareFootage: 40483
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: See Remarks
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Slab
  • Property Condition: Remodeled
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 24
  • Carport Y N: No
  • Open Parking Spaces: 55
  • Open Parking: Yes
  • Total Parking Spaces: 79
  • ParkingUncoveredSpaces: 55

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • SewerCompany: City of Mountlake
  • WaterCompany: City of Mountlake
  • WaterSewerGarbage: 31446

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 27042900100500
  • Lot Size Acres: 2.23
  • Lot Size Sq Ft: 97138
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.28
  • LeasedItems: None
  • TotalMonthlyIncome: 90409

Multi Family

  • Gross Scheduled Income: 1084908
  • Net Operating Income: 732007
  • Number Of Units Total: 36
  • Electric Expense: 68067
  • Insurance Expense: 11310
  • Leasable Area: 40483
  • EnergySource: Electric
  • UnitsInBuildingTotal: 36
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2022
  • Tax Annual Amount: 95339

MLS Schools

  • Elementary School: Chase Lake Elem

Range of Values:

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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
05/25/2023 05/25/23 Sold $11,995,214 -22.6% $296 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $15,500,000 -- $383 / 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: 2028015

Northwest Multiple Listing Service (NWMLS)

APN: 27042900100500