Listed by List4FlatFee.com, LLC, Bought with Keller Williams Downtown Sea
NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,089,000

6 Beds
6 Baths
2,876 Sq Ft
$339/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $460,000 $160 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $5,671/month

133 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Property is in very good condition

About This Home

As of October 2015

Turnkey investment opportunity for solid townhome-style duplex in Mukilteo school district. Excellent rental history, 7.3% cap rate. New roof added plus unit A remodeled. Each unit is 1500 sq. ft. with 3 bedrooms, 2.5 baths, family room. 2 car garage + driveway space for 2 additional cars. Excellent rental history, low operating cost, vacancy rate near zero. Great locale, close to all amenities and highways.

Last Agent to Sell the Property

Stacie Whitfield

List4FlatFee.com, LLC License #13147 Listed on: 05/12/2015

Last Buyer's Agent

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 786042

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,898

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Challenger Elementary School
  • Explorer Mid Middle School

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00392300001407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,898

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2876
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: See Remarks
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • WaterCompany: Everett Utilities
  • WaterSewerGarbage: 1415

Schools

  • Junior High Dist: Mukilteo
  • High School: Buyer To Verify
  • Middle Or Junior School: Explorer Mid

Lot Info

  • Parcel Number: 00392300001407
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Washer/Dryer,Water Tank
  • TotalMonthlyIncome: 3350

Multi Family

  • Gross Scheduled Income: 40200
  • Net Operating Income: 34976
  • Number Of Units Total: 2
  • Insurance Expense: 911
  • Leasable Area: 2876
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2898

MLS Schools

  • Elementary School: Challenger Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Oct 21, 2015
Sold by
Divekar Anand A
Bought by
Sandhu Gurleen S and Kooner Ramneek
Seller's Agent
Stacie Whitfield
List4FlatFee.com, LLC
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$975,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,878
Avg. Annual Appreciation
7.85%
Original Mortgage
$345,000
Outstanding Balance
$270,796
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$705,082

Purchase Details

Closed on
Jun 28, 2006
Sold by
Moran Molly Christina and Moran Sean
Bought by
Divekar Anand A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 1997
Sold by
Moran Gina Lee
Bought by
Moran Sean

Purchase Details

Closed on
Mar 14, 1997
Sold by
Selby Johnson Construction Inc
Bought by
Moran Molly Christina and Moran Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,950
Interest Rate
7.74%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Sandhu Gurleen S $460,000 First American Title Insuran
Divekar Anand A $431,000 Commonwealth Land Title
Moran Sean -- --
Moran Molly Christina $269,950 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Gurleen S $345,000
Previous Owner Divekar Anand A $344,800
Previous Owner Moran Molly Christina $242,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $460,000 -7.8% $160 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $499,000 -- $174 / 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 $5,961 $787,900 $399,000 $388,900
2024 $5,961 $751,200 $362,300 $388,900
2023 $5,654 $730,700 $372,200 $358,500
2022 $5,096 $570,000 $305,100 $264,900
2020 $3,994 $448,000 $259,200 $188,800
2019 $3,722 $422,000 $201,200 $220,800
2018 $3,854 $377,000 $152,500 $224,500
2017 $3,704 $369,500 $141,600 $227,900
2016 $3,122 $308,000 $136,100 $171,900
2015 $3,260 $291,000 $130,700 $160,300
2013 $3,110 $260,000 $130,700 $129,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 786042

Northwest Multiple Listing Service (NWMLS)

APN: 003923-000-014-07