NOT LISTED FOR SALE

23828 Edmonds Way Edmonds, WA 98026

Sound View Neighborhood
13 Beds
6 Baths
10,560 Sq Ft
1.27 Acres

Last Sold August 26, 2013

Last sale price $1,400,000 $133 Per Sq Ft

122 Days on Market

Highlights

  • 1.27 Acre Lot
  • Edmonds Woodway High School Rated A-
  • Wood Siding

About This Home

As of August 2013

The Arbor Court consists of 6 duplex's on a 1.27 acre lot zoned RM 1.5 located in the city of Edmonds. The property has proven easy to rent and offers the future owner a consistent income stream and great potential for future development. The current owners had entitlements for the development of 35 town homes which have now expired. Good mix of 2 and 3 bedroom units on a large private lot gives ample space for each tenant. Prime upper Edmonds location offers great potential.

Last Listed By

Mike Peters

RE/MAX Northwest License #35802 Listed on: 01/15/2013

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 438635

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,798

Year Built

  • Built in 1960

Lot Details

  • 1.27 Acre Lot
  • Lot Dimensions are 242x300x170x161
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 10,560 Sq Ft Home
  • 2-Story Property

Parking

  • 24 Parking Spaces
  • Open Parking

Community Details

  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00463301000402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,798

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 10560
  • Special Features: None
  • Cumulative Days on Market: 365

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 12827

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00463301000402
  • Lot Size Acres: 1.2741
  • Lot Size: 242x300x170x161
  • Lot Size Sq Ft: 55502
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 12935

Multi Family

  • Gross Scheduled Income: 155220
  • Net Operating Income: 108909
  • Number Of Units Total: 6
  • Electric Expense: 714
  • Insurance Expense: 2811
  • Leasable Area: 10560
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2011
  • Tax Annual Amount: 15798

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

Property History

Date Event Price Change Sq Ft Price
08/26/2013 08/26/13 Sold $1,400,000 -3.4% $133 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $1,450,000 -- $137 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Peters

    Seller's Agent in 2013

    Mike Peters

    RE/MAX Northwest Realtors

    (800) 522-5650

    72 Total Sales

    Mike Peters
    Section Image

  • S

    Buyer's Agent in 2013

    Sandra bellingham

    Champions Real Estate Services

    2 Total Sales

    Sandra bellingham
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 438635

Northwest Multiple Listing Service (NWMLS)

Washington Snohomish County Edmonds 98026 Sound View

23828 Edmonds Way, Edmonds, WA

Homes for Sale in Edmonds, WA

This home is located at 23828 Edmonds Way, Edmonds, WA 98026 since 15 January 2013. This property was built in 1960. 23828 Edmonds Way is a home located in Snohomish County with nearby schools including Sherwood Elementary School, College Place Middle School, and Edmonds Woodway 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.