NOT LISTED FOR SALE

Estimated Value: $821,000 - $975,366

4 Beds
2 Baths
1,560 Sq Ft
$560/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $275,000 $176 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $5,322/month

14 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property
  • Lockwood Elementary School Rated A

About This Home

As of October 2013

An excellent opportunity for an owner occupant or investor. Clean well managed units with one owner since 1986. Walk to elementary or junior high in minutes. Owner currently provides WSG service. Good tenants in both units for over 3 years each. Both month to month. Inside viewing after mutual acceptance due to day sleeper.

Last Listed By

Larry Hinrichs

Brier Realty, Inc. License #11429 Listed on: 08/28/2013

Brier Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 538198

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 1986

Lot Details

  • 0.31 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

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

Community Details

  • Bothell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00374100600606

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,828

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1986
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • Special Features: None
  • Cumulative Days on Market: 268

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterCompany: Northshore
  • WaterSewerGarbage: 1620

Schools

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

Lot Info

  • Parcel Number: 00374100600606
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 14168
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2828

MLS Schools

  • Elementary School: Lockwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
Balin Nancy
Bought by
Jones Maureen
Total Days on Market
14
Current Estimated Value
$873,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,400
Outstanding Balance
$281,425
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$596,355

Purchase Details

Listed on
Aug 28, 2013
Closed on
Oct 11, 2013
Sold by
Heney Michael J and Heney Cheryl L
Bought by
Jones Maureen J and Balin Nancy A
Seller's Agent
Larry Hinrichs
Brier Realty, Inc.
Buyer's Agent
KC Laughlin
Keller Williams Realty Bothell
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Original Mortgage
$206,250
Interest Rate
4.55%
Mortgage Type
New Conventional

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
Jones Maureen -- Rainier Title
Jones Maureen J $275,280 Rainier Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Maureen $330,400
Previous Owner Jones Maureen J $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2013 10/28/13 Sold $275,000 -3.5% $176 / Sq Ft
09/14/2013 09/14/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $285,000 -- $183 / 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 $5,725 $712,700 $499,600 $213,100
2024 $5,725 $659,100 $441,400 $217,700
2023 $6,729 $850,400 $601,400 $249,000
2022 $6,677 $676,500 $421,000 $255,500
2020 $4,825 $449,100 $284,100 $165,000
2019 $4,201 $398,100 $251,800 $146,300
2018 $4,013 $357,900 $218,500 $139,400
2017 $3,321 $301,000 $174,800 $126,200
2016 $3,102 $271,000 $153,900 $117,100
2015 $3,305 $273,400 $152,000 $121,400
2013 $2,828 $200,900 $117,000 $83,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 538198

Northwest Multiple Listing Service (NWMLS)

APN: 003741-006-006-06