Listed by RE/MAX Northwest, Bought with Real Broker LLC
NOT LISTED FOR SALE

26625 NE Stephens St Duvall, WA 98019

Estimated Value: $731,000 - $802,000

4 Beds
2 Baths
1,550 Sq Ft
$492/Sq Ft Est. Value

Last Sold November 09, 2020

Last sale price $565,000 $365 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,737/month

23 Days on Market

Highlights

  • Territorial View
  • Wood Flooring
  • High Speed Internet
  • Cherry Valley Elementary School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of November 2020

Rare opportunity to own this duplex in Downtown Duvall, just a few blocks to Main Street! 2 units, each 2 BR, 1 BA with one car garage. 775 +/- square feet each. Excellent opportunity to live in one unit and rent the other unit out for income. Located a few blocks to restaurants, shops and parks. Rents are well below market. Do not bother tenants. Executed Purchase and Sales Agreement required before visiting property.

Last Agent to Sell the Property

Tom Loutsis

RE/MAX Northwest License #9442 Listed on: 09/02/2020

RE/MAX Northwest

Co-Listed By

Jessica Loutsis

RE/MAX Northwest License #23002888

Last Buyer's Agent

Chelsea Shapiro

Real Broker LLC License #132443

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1656508

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,630

Year Built

  • Built in 1967

Lot Details

  • 10,000 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Cherry Vly Elementary School
  • Tolt Mid Middle School
  • Cedarcrest High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Duvall In Town Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2131700820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,630

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1550
  • Special Features: None
  • Cumulative Days on Market: 363

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Duvall
  • WaterCompany: City of Duvall
  • WaterSewerGarbage: 5529

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Riverview
  • High School: Cedarcrest High
  • Middle Or Junior School: Tolt Mid

Lot Info

  • Parcel Number: 2131700820
  • Lot Size Acres: 0.2296
  • Lot Size: 100' by 100'
  • Lot Size Sq Ft: 10000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Tax records
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 23500
  • Net Operating Income: 12438
  • Number Of Units Total: 2
  • Insurance Expense: 903
  • Leasable Area: 1550
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4630

MLS Schools

  • Elementary School: Cherry Vly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 1, 2020
Sold by
Shives Catherine L and Shives Thomas N
Bought by
Shapiro Chelsea and Davenport Levi
Seller's Agent
Tom Loutsis
RE/MAX Northwest
Buyer's Agent
Chelsea Shapiro
Real Broker LLC
List Price
$565,000
Sold Price
$565,000
Current Estimated Value
$767,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,582
Avg. Annual Appreciation
6.49%
Original Mortgage
$546,143
Outstanding Balance
$492,305
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$269,899

Purchase Details

Closed on
Mar 24, 2005
Sold by
Shives Thomas N
Bought by
Shives Thomas Edward

Purchase Details

Closed on
Jan 2, 1998
Sold by
Shives Thomas N and Shives Thomas N
Bought by
Equivalent Thomas N Shives Sr Exemption
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
Shapiro Chelsea $565,000 Chicago Title
Shives Thomas Edward -- --
Shives Kenneth Stuart -- --
Equivalent Thomas N Shives Sr Exemption -- --
Shives Thomas N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Chelsea $546,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $565,000 0.0% $365 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $565,000 -- $365 / 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 $6,412 $664,000 $266,000 $398,000
2023 $6,420 $626,000 $243,000 $383,000
2022 $5,788 $712,000 $221,000 $491,000
2021 $5,417 $530,000 $165,000 $365,000
2020 $5,445 $449,000 $140,000 $309,000
2018 $4,685 $405,000 $129,000 $276,000
2017 $4,098 $378,000 $122,000 $256,000
2016 $3,963 $329,000 $106,000 $223,000
2015 $3,983 $309,000 $100,000 $209,000
2014 -- $312,000 $102,000 $210,000
2013 -- $249,000 $82,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1656508

Northwest Multiple Listing Service (NWMLS)

APN: 213170-0820