NOT LISTED FOR SALE

Estimated Value: $683,000 - $936,000

5 Beds
3 Baths
2,597 Sq Ft
$312/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $281,000 $108 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $5,064/month

6 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of May 2015

2 story Triplex in the heart of Edmonds. Solid building, level lot, great school district; property in need of repair but well worth the effort. This project may capture your imagination and could be your dream investment. Fixer property, CASH ONLY, 3 day wait, both investor and owner occupied welcome. Property is being sold subject to HUD Guidelines 24 CFR 206.125. Escalators, if any, are Not allowed.

Last Listed By

Lisa Long

Windermere Real Estate Co. License #29052 Listed on: 01/14/2015

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 732001

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 1969

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Fixer Upper
  • Composition Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,597 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Ridge Acres Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 00 D-09
  • Assessor Parcel Number 00555300400309

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,383

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1969
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Ridge Acres
  • New Construction: No
  • CalculatedSquareFootage: 2597
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 254

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, Torch Down
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Fixer
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Olympic
  • WaterCompany: Olympic
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00555300400309
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: SCR
  • ZoningClass: Multi-Family
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 4383

Multi Family

  • Number Of Units Total: 3
  • Leasable Area: 2597
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Lung Tang Chiu and Lung Jessie K
Bought by
Edmonds Meadows Llc
Total Days on Market
6
Current Estimated Value
$809,500

Purchase Details

Closed on
Jan 5, 2022
Sold by
Edmonds Meadows Llc
Bought by
Tang Chiu Lung and Tang Jessie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2017
Sold by
Tang Chiu Lung and Tang Jessie K
Bought by
Edmonds Meadows Llc

Purchase Details

Listed on
Jan 14, 2015
Closed on
Feb 21, 2015
Sold by
Gee Luzminda Eng
Bought by
Gee Jason K
Seller's Agent
Lisa Long
Windermere Real Estate Co.
Buyer's Agent
CL Tang
eXp Realty
List Price
$270,000
Sold Price
$281,000
Premium/Discount to List
$11,000
4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Jan 14, 2015
Closed on
Feb 17, 2015
Sold by
U S Bank National Association
Bought by
Gee Jason K and Tang Jessie K
Seller's Agent
Lisa Long
Windermere Real Estate Co.
Buyer's Agent
CL Tang
eXp Realty
List Price
$270,000
Sold Price
$281,000
Premium/Discount to List
$11,000
4.07%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Davies Dorothy L
Bought by
Us Bank National Association

Range of Values:

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Average Value
Not Available
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
Edmonds Meadows Llc -- None Listed On Document
Tang Chiu Lung $313 None Listed On Document
Edmonds Meadows Llc -- None Available
Gee Jason K -- Fidelity National Title
Gee Jason K $281,000 Fidelity National Title
Us Bank National Association $320,000 Nextitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gee Jason K $600,000
Previous Owner Gee Jason K $385,000
Previous Owner Davies Dorothy L $562,500
Previous Owner Davies Dorothy L $25,000
Previous Owner Davies Dorothy L $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $281,000 +4.1% $108 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $270,000 -- $104 / 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 $6,915 $834,700 $549,600 $285,100
2024 $6,915 $800,800 $515,700 $285,100
2023 $6,985 $846,700 $538,200 $308,500
2022 $6,773 $669,100 $420,600 $248,500
2020 $5,688 $492,700 $375,000 $117,700
2019 $5,377 $462,200 $344,000 $118,200
2018 $5,261 $397,900 $294,000 $103,900
2017 $4,438 $343,600 $255,000 $88,600
2016 $4,042 $311,700 $225,000 $86,700
2015 $5,076 $379,800 $216,000 $163,800
2013 $3,468 $238,400 $142,600 $95,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 732001

Northwest Multiple Listing Service (NWMLS)

APN: 005553-004-003-09