NOT LISTED FOR SALE

Estimated Value: $765,000 - $869,519

4 Beds
4 Baths
2,800 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $691,750 $247 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,944/month

8 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of April 2021

**Investors Special***
Location, Location, Location!!! Great Tri-plex with a little TLC and updating could be a great income producing property in beautiful Edmonds. Feature unit A)1 bed/bath unit, B) 2 Bed/ 1.5 Bath and unit C 1 bed/1.5 bath.. Units (A)&(C) are vancant and ready for updating and showings. This Tri-plex won't last long... Bring offers!!

Last Listed By

Brian Mattox

Windermere Lake Stevens License #130186 Listed on: 02/08/2021

Windermere Lake Stevens

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1726411

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,456

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 122x78
  • Property is in average condition

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Hansbury Sound View Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Legal Lot and Block 4/5 / 003 D-03
  • Assessor Parcel Number 00463300300503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,456

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1956
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hansbury Sound View
  • New Construction: No
  • CalculatedSquareFootage: 2800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 246

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Olympic View
  • WaterCompany: Olympic View
  • WaterSewerGarbage: 4248

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00463300300503
  • Lot Size Acres: 0.19
  • Lot Size: 122x78
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 4/5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3200

Multi Family

  • Gross Scheduled Income: 38400
  • Net Operating Income: 26779
  • Number Of Units Total: 3
  • Insurance Expense: 1320
  • Leasable Area: 2800
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5456
  • AdditionalTaxIds: 463300-3-005-03-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 27, 2021
Sold by
Novak Randall C
Bought by
Daley Drew P
Seller's Agent
Brian Mattox
Windermere Lake Stevens
Buyer's Agent
Steven Weber
Windermere RE Greenwood
List Price
$729,950
Sold Price
$691,750
Premium/Discount to List
-$38,200
-5.23%
Total Days on Market
8
Current Estimated Value
$809,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,880
Avg. Annual Appreciation
5.64%
Original Mortgage
$518,812
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2001
Sold by
Bennett David A and Bennett Karen S
Bought by
Asiah Randall C

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
Daley Drew P $691,750 Chicago Title
Asiah Randall C -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daley Drew P $567,000
Closed Daley Drew P $518,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $691,750 -5.2% $247 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $729,950 -- $261 / 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 $5,203 $737,000 $539,300 $197,700
2024 $5,203 $737,000 $539,300 $197,700
2023 $4,926 $723,000 $322,800 $400,200
2022 $5,648 $682,000 $209,000 $473,000
2020 $5,453 $587,000 $190,300 $396,700
2019 $4,563 $495,000 $184,100 $310,900
2018 $4,226 $396,000 $175,900 $220,100
2017 $3,993 $392,000 $161,400 $230,600
2016 $3,657 $356,000 $161,400 $194,600
2015 $3,644 $334,000 $161,400 $172,600
2013 $2,566 $222,000 $184,100 $37,900
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1726411

Northwest Multiple Listing Service (NWMLS)

APN: 004633-003-005-03