Listed by Acquisition Real Estate, Bought with The Preview Group
NOT LISTED FOR SALE

Estimated Value: $688,000 - $779,000

6 Beds
3 Baths
2,172 Sq Ft
$342/Sq Ft Est. Value

Last Sold September 21, 2016

Last sale price $359,950 $166 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,401/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Open Space
  • Partially Fenced Property
  • Sunnycrest Elementary School Rated A-
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of September 2016

This rare Lake Stevens townhouse style duplex is located only two blocks away from Lundeen Park where you will find serene picnic areas and Lake Stevens public lake access for swimming and/or water sports. Each townhouse unit features 3 bedrooms, 1.5 baths, living room w/inviting fireplace, large kitchen w/eating area, private back yard and one car garage. Currently one unit is empty and the other is occupied with long-term tenants on a month-to-month lease.

Last Agent to Sell the Property

Jennifer Pretty

Acquisition Real Estate License #25146 Listed on: 07/28/2016

Last Buyer's Agent

Christopher Gough

The Preview Group License #24310

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1005991

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1988

Lot Details

  • 0.43 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,172 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Community Details

  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00385900200500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,968

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2172
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Open Space
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Lake Stevens
  • WaterCompany: Snohomish County PUD
  • WaterSewerGarbage: 2862

Schools

  • Junior High Dist: Lake Stevens

Lot Info

  • Parcel Number: 00385900200500
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18731
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,RV Parking
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 1250

Multi Family

  • Gross Scheduled Income: 33000
  • Net Operating Income: 26145
  • Number Of Units Total: 2
  • Insurance Expense: 1025
  • Leasable Area: 2172
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 2968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2016
Closed on
Sep 19, 2016
Sold by
B&M Northwest Holdings Llc
Bought by
Spitzenberg Kay and Spitzenberg Mathew
Seller's Agent
Jennifer Pretty
Acquisition Real Estate
Buyer's Agent
Christopher Gough
The Preview Group
List Price
$359,950
Sold Price
$359,950
Current Estimated Value
$742,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,942
Avg. Annual Appreciation
8.32%
Original Mortgage
$179,975
Outstanding Balance
$143,849
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$599,043

Purchase Details

Closed on
Aug 12, 2010
Sold by
Madle David E and Madle Donna D
Bought by
B & M Northwest Holdings Llc

Purchase Details

Closed on
Aug 12, 1997
Sold by
Wilson Michael T and Wilson Sandra S
Bought by
Madle David E and Madle Donna D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.61%
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
Spitzenberg Kay $359,950 Chicago Title Company Of Wa
B & M Northwest Holdings Llc -- None Available
Madle David E $168,950 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spitzenberg Kay $179,975
Previous Owner Madle David E $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2016 09/21/16 Sold $359,950 0.0% $166 / Sq Ft
08/04/2016 08/04/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $359,950 -- $166 / 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 $5,545 $644,300 $343,000 $301,300
2024 $5,545 $597,900 $307,000 $290,900
2023 $5,541 $648,500 $318,000 $330,500
2022 $5,224 $479,600 $231,000 $248,600
2020 $4,602 $393,000 $197,000 $196,000
2019 $4,205 $352,000 $176,000 $176,000
2018 $4,099 $325,800 $150,000 $175,800
2017 $3,172 $282,000 $122,300 $159,700
2016 $2,968 $244,200 $109,700 $134,500
2015 $3,049 $233,500 $96,000 $137,500
2013 $3,521 $239,400 $62,000 $177,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1005991

Northwest Multiple Listing Service (NWMLS)

APN: 003859-002-005-00