Listed by RE/MAX Northwest, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

23509 47th Place W Mountlake Terrace, WA 98043

Estimated Value: $759,000 - $930,000

4 Beds
4 Baths
2,448 Sq Ft
$347/Sq Ft Est. Value

Last Sold November 04, 2014

Last sale price $312,000 $127 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $5,071/month

2 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wall to Wall Carpet
  • Cul-De-Sac
  • Wood Siding

About This Home

As of November 2014

Sharp townhouse style duplex conveniently located with easy access to I-5.

Last Agent to Sell the Property

Charles Cady

RE/MAX Northwest License #45644 Listed on: 09/30/2014

RE/MAX Northwest

Last Buyer's Agent

Forey Duckett

Coldwell Banker Danforth License #81584

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 701496

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Mountlake Terrace El Elementary School
  • Brier Terrace Mid Middle School
  • Mountlake Terrace Hi High School

Utilities

  • Cable TV Available

Community Details

  • Mountlake Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4895000000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,046

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2448
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 356

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 2620

Schools

  • Junior High Dist: Edmonds
  • High School: Mountlake Terrace Hi
  • Middle Or Junior School: Brier Terrace Mid

Lot Info

  • Parcel Number: 4895000000500
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2025

Multi Family

  • Gross Scheduled Income: 24300
  • Net Operating Income: 14987
  • Number Of Units Total: 2
  • Insurance Expense: 747
  • Leasable Area: 2448
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3046

MLS Schools

  • Elementary School: Mountlake Terrace El

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Oct 28, 2014
Sold by
Ng Ling Chung and Ng Amy Wai
Bought by
Chong James and Wang Yvonne
Seller's Agent
Charles Cady
RE/MAX Northwest
Buyer's Agent
Forey Duckett
Coldwell Banker Danforth
List Price
$330,000
Sold Price
$312,000
Premium/Discount to List
-$18,000
-5.45%
Current Estimated Value
$850,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,300
Avg. Annual Appreciation
9.25%
Original Mortgage
$234,000
Outstanding Balance
$181,076
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$630,829

Purchase Details

Closed on
Jun 25, 2004
Sold by
Ng Ling Chung and Ng Amy Wai
Bought by
Lai Sai Yui and Lai Yin Ping

Purchase Details

Closed on
Jun 25, 2003
Sold by
Lau Sai Yui and Lai Yin Ping
Bought by
Ng Ling Chung and Ng Amy Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.37%
Mortgage Type
Unknown
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
Chong James $312,000 Chicago Title
Lai Sai Yui $11,235 Pnwt
Ng Ling Chung $11,778 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong James $234,000
Previous Owner Ng Amy W $100,000
Previous Owner Ng Ling Chung $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2014 11/04/14 Sold $312,000 -5.5% $127 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $330,000 -- $135 / 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 $5,261 $663,200 $420,900 $242,300
2024 $5,261 $651,700 $405,900 $245,800
2023 $4,416 $617,000 $392,900 $224,100
2022 $5,288 $608,000 $348,900 $259,100
2020 $4,213 $427,000 $339,700 $87,300
2019 $3,842 $391,500 $318,900 $72,600
2018 $4,282 $380,000 $210,000 $170,000
2017 $3,903 $365,000 $210,000 $155,000
2016 $3,350 $325,600 $185,300 $140,300
2015 $3,180 $290,000 $142,500 $147,500
2013 $3,119 $270,000 $129,500 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 701496

Northwest Multiple Listing Service (NWMLS)

APN: 004895-000-005-00