NOT LISTED FOR SALE

23014 Locust Way Bothell, WA 98021

Brier Neighborhood

Estimated Value: $967,000 - $1,527,479

7 Beds
6 Baths
5,768 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 20, 2015

Last sale price $962,500 $167 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,819/month

18 Days on Market

Highlights

  • Home fronts a creek
  • RV Access or Parking
  • Deck
  • Lockwood Elementary School Rated A
  • 3.05 Acre Lot
  • Secluded Lot

About This Home

As of August 2015

Attention builders, developers & investors – unique opportunity in sought-after Bothell area w/huge potential. Park-like property consists of 2 adjoining tax parcels totaling over 3 acres connecting Barker Rd to Locust Wy. 3 existing structures on the property contain 8 separate rental units all w/indv electrical meters – many rents below market value. Ideal scenario for building multiple single-fam homes w/income generating rentals while in permitting or keep as long-term multi-fam investment.

Last Listed By

Nick Loveless

Windermere R.E. Northeast, Inc License #105827 Listed on: 04/29/2015

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 775582

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,841

Year Built

  • Built in 1955

Lot Details

  • 3.05 Acre Lot
  • Home fronts a creek
  • Open Space
  • Secluded Lot
  • Value in Land

Property Views

  • Territorial
  • Limited

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 5,768 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Lockwood Elementary School
  • Kenmore Middle School
  • Inglemoor High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00374100200301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,841

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1955
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5768
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Three Percent
  • Special Features: None
  • Cumulative Days on Market: 270

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: Partial, Territorial
  • Lot Features: Open Space, Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 14
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 14

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Septic System, Electric, Natural Gas Connected
  • PowerCompany: Sno Co PUD / PSE
  • SewerCompany: Septic
  • WaterCompany: Alderwood Water District
  • WaterSewerGarbage: 3476

Schools

  • Junior High Dist: Northshore
  • High School: Inglemoor Hs
  • Middle Or Junior School: Kenmore Middle School

Lot Info

  • Parcel Number: 00374100200301
  • Lot Size Acres: 3.05
  • Lot Size: See Attached Maps
  • Lot Size Sq Ft: 132858
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7220

Multi Family

  • Gross Scheduled Income: 86640
  • Net Operating Income: 72471
  • Number Of Units Total: 8
  • Electric Expense: 707
  • Insurance Expense: 1145
  • Leasable Area: 7168
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 8841

MLS Schools

  • Elementary School: Lockwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Sold by
Nixon George
Bought by
Bothell Creek Llc
Total Days on Market
18
Current Estimated Value
$1,284,120

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jul 30, 2015
Sold by
Loveless Property Holdings Llc
Bought by
Nixon George
Seller's Agent
Nick Loveless
Windermere R.E. Northeast, Inc
List Price
$1,000,000
Sold Price
$962,500
Premium/Discount to List
-$37,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$520,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2011
Sold by
Swanson Florice M and Swanson Florice M
Bought by
Loveless Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
4.54%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 9, 2009
Sold by
Swanson Florice M
Bought by
Swanson Florice M

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
Bothell Creek Llc $580,000 Chicago Title Company Of Wa
Nixon George $962,500 First American Title Ins Co
Loveless Property Holdings Llc $415,000 Commonwealth Land Title
Swanson Florice M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nixon George $520,000
Previous Owner Loveless Property Holdings Llc $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2015 08/20/15 Sold $962,500 -3.8% $167 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $1,000,000 -- $173 / 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 $8,403 $1,081,600 $673,200 $408,400
2024 $8,403 $980,500 $580,900 $399,600
2023 $8,756 $1,114,400 $682,500 $431,900
2022 $9,144 $934,400 $563,700 $370,700
2020 $7,294 $689,800 $364,900 $324,900
2019 $6,482 $627,900 $304,400 $323,500
2018 $6,159 $562,100 $271,900 $290,200
2017 $5,215 $486,600 $210,700 $275,900
2016 $5,108 $461,600 $196,800 $264,800
2015 $5,139 $437,400 $186,100 $251,300
2013 $3,285 $236,500 $130,300 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Nick Loveless

    Seller's Agent in 2015

    Nick Loveless

    Windermere Corporate

    (206) 383-5424

    158 Total Sales

    Nick Loveless
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 775582

Northwest Multiple Listing Service (NWMLS)

APN: 003741-002-003-01

Washington Snohomish County Bothell 98021 Brier

23014 Locust Way, Bothell, WA

Homes for Sale in Bothell, WA

This home is located at 23014 Locust Way, Bothell, WA 98021 since 29 April 2015 and is currently estimated at $1,284,120, approximately $222 per square foot. This property was built in 1955. 23014 Locust Way is a home located in Snohomish County with nearby schools including Lockwood Elementary School, Kenmore Middle School, and Bothell High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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