Listed by Pike Real Estate, Bought with NextHome 365 Realty
NOT LISTED FOR SALE

24423 Richards Rd Sedro Woolley, WA 98284

Estimated Value: $468,000 - $512,000

4 Beds
1 Bath
1,760 Sq Ft
$281/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $250,000 $142 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,952/month

2 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wood Siding
  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of April 2018

24427 Richards Rd also available, see MLS# 1256961. Excellent investment opportunity in Sedro Woolley, buy this duplex and the adjacent one for 4 rental units total. Each unit has its own garage, plenty of parking, large fenced yard & washer/dryer hook-ups. Very stable, long-term tenants are currently on month-month agreements. Well maintained w/ newer roof, most windows updated & exterior painted in Sept'17. Great as-is or do a little TLC and drastically increase monthly income potential!

Last Agent to Sell the Property

Seth Pike

Pike Real Estate License #23486 Listed on: 03/13/2018

Last Buyer's Agent

Scott Friedl

NextHome 365 Realty License #112580

NextHome 365 Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1256955

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Parkwood Estates Condos
  • Sedro Woolley Subdivision

Listing and Financial Details

  • Assessor Parcel Number P79714

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,395

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
  • Building Name: Parkwood Estates
  • New Construction: No
  • CalculatedSquareFootage: 1760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: PUD
  • WaterSewerGarbage: 1033

Schools

  • Junior High Dist: Sedro Woolley
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P79714
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 18000
  • Net Operating Income: 13838
  • Number Of Units Total: 2
  • Insurance Expense: 734
  • Leasable Area: 1760
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2395

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 18, 2018
Sold by
Friedl Elizabeth and Friedl Scott
Bought by
Friedl Scott
Seller's Agent
Seth Pike
Pike Real Estate
Buyer's Agent
Scott Friedl
NextHome 365 Realty
List Price
$245,000
Sold Price
$250,000
Premium/Discount to List
$5,000
2.04%
Current Estimated Value
$494,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,526
Avg. Annual Appreciation
9.60%
Original Mortgage
$187,500
Outstanding Balance
$161,322
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$333,204

Purchase Details

Closed on
Jun 5, 2009
Sold by
Piskur Mae A and Gruel Mae A
Bought by
Gruel Edmund F
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
Friedl Scott -- Guadian Northwest Title Co
Friedl Scott $250,000 Guadian Northwest Title Co
Gruel Edmund F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedl Scott $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $250,000 +2.0% $142 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $245,000 -- $139 / 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
2024 $3,964 $412,000 $193,100 $218,900
2023 $3,964 $422,600 $203,700 $218,900
2022 $3,571 $391,200 $175,900 $215,300
2021 $3,132 $318,000 $133,500 $184,500
2020 $3,033 $259,300 $0 $0
2019 $2,346 $259,300 $0 $0
2018 $2,590 $233,700 $0 $0
2017 $2,395 $199,400 $0 $0
2016 $2,378 $185,700 $77,400 $108,300
2015 $2,682 $176,000 $73,400 $102,600
2013 $2,221 $178,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1256955

Northwest Multiple Listing Service (NWMLS)

APN: P79714