$915,000
SOLD MAY 16, 2025
6 Beds
4 Baths
3,750 Sq Ft
0.61 Acres

Recently Sold

$244 Per Sq Ft

3% Below List Price

Highlights

  • 0.61 Acre Lot
  • No HOA
  • Baseboard Heating

About This Home

As of May 2025

Great 4-plex in Paine Field-Lake Stickney neighborhood! Three units are 2BR, 1BA, 900-1080sf. The fourth unit is a 450 sf newly refinished studio. Coin-operated laundry facility available to tenants. The 2BR units are occupied and month-month, the studio is vacant. Ample parking including carports. Only minutes to bus lines, Mukilteo Speedway, Boeing, I-5/I-405 access, Lake Stickney Park, Alderwood Mall.

Last Agent to Sell the Property

Eric Nissen

Real Property Associates License #21017491 Listed on: 12/11/2024

Co-Listed By

Jay Young

Real Property Associates License #3049

Last Buyer's Agent

Eric Nissen

Real Property Associates License #21017491 Listed on: 12/11/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2314066

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,410

Year Built

  • Built in 1968

Lot Details

  • 0.61 Acre Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Schools

  • Fairmount Elementary School
  • Olympic View Mid Middle School
  • Mariner High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Harbour Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00380900500105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,410

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1968
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3750
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 6
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: SCL
  • SewerCompany: SPU
  • WaterCompany: SPU
  • WaterSewerGarbage: 5100

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Olympic View Mid

Lot Info

  • Parcel Number: 00380900500105
  • Lot Size Acres: 0.61
  • Lot Size Sq Ft: 26572
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 5270

Multi Family

  • Gross Scheduled Income: 72000
  • Net Operating Income: 44280
  • Number Of Units Total: 4
  • Electric Expense: 350
  • Insurance Expense: 1700
  • Leasable Area: 3330
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6410

MLS Schools

  • Elementary School: Fairmount Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
May 13, 2025
Sold by
Payne R Gregory and Washington Trust Bank
Bought by
Ni Calvin
Seller's Agent
Eric Nissen
Real Property Associates
Buyer's Agent
Eric Nissen
Real Property Associates
List Price
$945,000
Sold Price
$915,000
Premium/Discount to List
-$30,000
-3.17%
Views
51
Current Estimated Value
$937,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,667
Avg. Annual Appreciation
5.72%
Original Mortgage
$686,250
Outstanding Balance
$683,815
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$253,852

Purchase Details

Closed on
Oct 8, 2024
Sold by
Kristjanson Maribeth and Kristjanson Douglas
Bought by
Washington Trust and Payne

Purchase Details

Closed on
Mar 8, 2012
Sold by
2630 Russell Way Llc
Bought by
Payne R Gregory and Janson Douglas Krist

Purchase Details

Closed on
Nov 14, 2005
Sold by
Payne R Gregory and Kristjanson Douglas
Bought by
2630 Russell Way Llc

Purchase Details

Closed on
May 1, 2001
Sold by
Miller Bernice M
Bought by
Payne R Gregory and Kristjanson Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Lindeman Larry N and Oneil Sandra K
Bought by
Payne R Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,598
Interest Rate
6.88%
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 Type Sale Price Title Company
Bargain Sale Deed $915,000 Old Republic Title
Quit Claim Deed $8,400 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $280,000 --
Warranty Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $686,250 New Conventional
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $148,598 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $915,000 -3.2% $244 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $945,000 0.0% $252 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/18/2025 02/18/25 Price Changed $945,000 0.0% $252 / Sq Ft
02/18/2025 02/18/25 For Sale $945,000 -5.0% $252 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $995,000 -9.5% $265 / Sq Ft
12/11/2024 12/11/24 For Sale $1,100,000 -- $293 / 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 $6,410 $710,000 $585,500 $124,500
2024 $6,410 $707,600 $577,500 $130,100
2023 $6,034 $692,800 $575,500 $117,300
2022 $6,395 $628,300 $529,000 $99,300
2020 $5,768 $551,000 $509,000 $42,000
2019 $5,178 $492,000 $225,300 $266,700
2018 $5,288 $439,000 $212,000 $227,000
2017 $4,666 $392,000 $185,500 $206,500
2016 $4,452 $370,000 $185,500 $184,500
2015 $4,582 $350,000 $185,500 $164,500
2013 $4,422 $316,000 $185,500 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2314066

Northwest Multiple Listing Service (NWMLS)

APN: 003809-005-001-05