NOT LISTED FOR SALE
-- Bed
-- Bath
4,671 Sq Ft
0.29 Acres

Last Sold December 02, 2021

Last sale price $1,000,000 $214 Per Sq Ft

61 Days on Market

Highlights

  • Deck
  • Bamboo Flooring
  • High Speed Internet
  • Territorial View
  • Thermal Windows
  • Property is in very good condition

About This Home

As of December 2021

Outstanding investment opportunity in desirable Lake Stevens! 6 unit with Pro Forma potential of: 3 bdr x 2 $1,595/ 2 bdr x 2 $1,295/ 1brm x 2 $1,195 = total of $8,170 per mo. Always rented, mangmt. Co in place All new PUD energy pkg windows in all units w/lifetime warr. All new pex plumbing in 4 unit w/LTW Copper pipes in duplex New water main, decks and stairs All electrical updated, Metal roof, unit 1 completely renovated in 2020, new bamboo, vinyl, carpet flooring, granite counter tops, light fixtures, new bath rm vanity, sink, faucet, bath fitter tub & shower, & paint. All but 1 on month to month, walking distance to Lake Stevens and down town, with centennial trail across the St.

Last Agent to Sell the Property

Marsha Ross

North48 Real Estate License #134637 Listed on: 08/27/2021

Last Buyer's Agent

Marsha Ross

North48 Real Estate License #134637 Listed on: 08/27/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1831229

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,411

Year Built

  • Built in 1911

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Block Foundation
  • Metal Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 4,671 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Bamboo
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

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

Community Details

  • East Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00562200001702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,411

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1911
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4671
  • Special Features: None
  • Cumulative Days on Market: 424

Interior Features

  • Possible Use: Industrial
  • Fireplace: No
  • Flooring: Bamboo/Cork, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bamboo/Cork
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package,Thermal Windows

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Block, Post & Block
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PUD
  • SewerCompany: Septic
  • WaterCompany: PUD
  • WaterSewerGarbage: 3804

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lake Stevens

Lot Info

  • Parcel Number: 00562200001702
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Owner
  • ZoningClass: Industrial-Light

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5935

Multi Family

  • Gross Scheduled Income: 71220
  • Net Operating Income: 46357
  • Number Of Units Total: 6
  • Electric Expense: 1515
  • Insurance Expense: 2377
  • Leasable Area: 4671
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6411

Range of Values:

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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
12/02/2021 12/02/21 Sold $1,000,000 -6.1% $214 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $1,065,000 0.0% $228 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/06/2021 09/06/21 Price Changed $1,065,000 -1.1% $228 / Sq Ft
09/06/2021 09/06/21 Price Changed $1,077,000 +1.6% $231 / Sq Ft
09/06/2021 09/06/21 Price Changed $1,060,000 -5.6% $227 / Sq Ft
08/27/2021 08/27/21 For Sale $1,123,000 -- $240 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1831229

Northwest Multiple Listing Service (NWMLS)

APN: 00562200001702