Listed by RE/MAX Northwest, Bought with Silvercreek Realty Group
NOT LISTED FOR SALE

Estimated Value: $2,107,403 - $2,377,000

6 Beds
4 Baths
3,138 Sq Ft
$710/Sq Ft Est. Value

Last Sold July 13, 2016

Last sale price $1,050,000 $335 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $12,502/month

5 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Disabled Access
  • Edmonds Woodway High School Rated A-
  • Patio
  • 2-minute walk to Civic Field

About This Home

As of July 2016

Edmonds Bowl, Quality Rambler Style 4 Plex! 7,405 square foot lot Zoned “BD2 - Downtown Mixed Commercial” for potential future development. Excellent condition, rents below market but justify this price. Two 2 bedroom units and two 1 bedroom units all have private yard or patio, fireplace and washer and dryer. Alley access with 5 off street parking spaces. Short walk to Downtown Edmonds – walk score of 82!

Last Agent to Sell the Property

Charles Cady

RE/MAX Northwest License #45644 Listed on: 06/10/2016

RE/MAX Northwest

Last Buyer's Agent

Todd MacDonald

Silvercreek Realty Group License #99599

Silvercreek Realty Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 958423

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,745

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,138 Sq Ft Home
  • 1-Story Property
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Additional Features

  • Disabled Access
  • Cable TV Available

Community Details

  • Edmonds Bowl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434400500700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,745

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 1965
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3138
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage

Exterior Features

  • Roof: Cedar Shake
  • View: See Remarks
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Available, Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 4116

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Edmonds
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00434400500700
  • Lot Size Acres: 0.17
  • Lot Size: 60 x 120
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Business,Commercial

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 4695

Multi Family

  • Gross Scheduled Income: 56340
  • Net Operating Income: 39916
  • Number Of Units Total: 4
  • Insurance Expense: 3563
  • Leasable Area: 3138
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 5745

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Redford John and Redford Betty-Lou
Bought by
Redford Family Living Trust and Redford
Current Estimated Value
$2,227,134

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 5, 2016
Sold by
Martyn Dorothy M
Bought by
Redford John and Redford Betty Lou
Seller's Agent
Charles Cady
RE/MAX Northwest
Buyer's Agent
Todd MacDonald
Silvercreek Realty Group
List Price
$1,000,000
Sold Price
$1,050,000
Premium/Discount to List
$50,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Oct 6, 2000
Sold by
Martyn Dorothy M
Bought by
Dorothy M Martyn Credit Trust and Martyn Dorothy M
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
Redford Family Living Trust $313 None Listed On Document
Redford John $1,050,000 Old Republic Title Ltd
Dorothy M Martyn Credit Trust -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $1,050,000 +5.0% $335 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $1,000,000 -- $319 / 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 $8,341 $1,197,300 $813,000 $384,300
2024 $8,341 $1,172,300 $788,000 $384,300
2023 $7,488 $1,090,600 $738,000 $352,600
2022 $8,817 $1,055,700 $677,000 $378,700
2020 $9,794 $1,048,800 $752,000 $296,800
2019 $9,723 $1,048,800 $538,200 $510,600
2018 $8,657 $806,800 $550,000 $256,800
2017 $6,379 $622,000 $408,600 $213,400
2016 $5,745 $555,000 $354,600 $200,400
2015 $5,871 $534,000 $327,600 $206,400
2013 $5,927 $508,500 $298,800 $209,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 958423

Northwest Multiple Listing Service (NWMLS)

APN: 004344-005-007-00