NOT LISTED FOR SALE

22815 86th Place W Unit A/B Edmonds, WA 98026

Ridge Acres Neighborhood

Estimated Value: $1,154,000 - $1,519,893

6 Beds
5 Baths
3,568 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $820,000 $230 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,449/month

2 Days on Market

Highlights

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

About This Home

As of May 2017

Great potential investment property in highly desirable Edmonds location. Lots of available parking and open bright interiors make these very easy units to rent. Flowing, well designed floorplan, with dramatic two story spaces, a gas fireplace, huge fully fenced private yards, and large attached 2 car garages. All appliances are included, tenants pay all utilities. Presently leased at $1550/$1750, slightly under current market potential. An amazing opportunity in an easy location!

Last Listed By

Kristi Sundquist

Keller Williams North Seattle License #27650 Listed on: 04/27/2017

Keller Williams North Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1113679

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,207

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,568 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces

Utilities

  • Natural Gas Connected

Community Details

  • Esperance Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27043100208100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,207

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2006
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3568
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 260

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 27043100208100
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: County Assessor
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 39600
  • Net Operating Income: 31445
  • Number Of Units Total: 2
  • Insurance Expense: 948
  • Leasable Area: 3568
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 7207

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
May 4, 2017
Sold by
Castleberry Llc
Bought by
Kliman Marilyn J
Seller's Agent
Kristi Sundquist
Keller Williams North Seattle
Buyer's Agent
Carmen Crispeno
RE/MAX Northwest
List Price
$775,000
Sold Price
$820,000
Premium/Discount to List
$45,000
5.81%
Total Days on Market
2
Current Estimated Value
$1,372,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,473
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
May 11, 2000
Sold by
Sundquist Clifford A and Sundquist Laura B
Bought by
Castleberry Llc

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
Kliman Marilyn J $820,000 Chicago Title
Castleberry Llc -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $820,000 +5.8% $230 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $775,000 -- $217 / 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 $9,643 $1,174,400 $559,600 $614,800
2024 $9,643 $1,157,000 $542,200 $614,800
2023 $9,918 $1,235,100 $566,500 $668,600
2022 $9,297 $949,700 $438,400 $511,300
2020 $8,966 $807,900 $320,200 $487,700
2019 $8,003 $716,000 $294,100 $421,900
2018 $8,202 $647,100 $250,800 $396,300
2017 $7,207 $587,800 $217,400 $370,400
2016 $6,690 $546,900 $192,100 $354,800
2015 $6,393 $495,900 $184,000 $311,900
2013 $5,209 $381,200 $124,500 $256,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1113679

Northwest Multiple Listing Service (NWMLS)

APN: 270431-002-081-00