NOT LISTED FOR SALE

Estimated Value: $617,000 - $652,000

8 Beds
4 Baths
1,789 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $275,000 $154 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,804/month

2 Days on Market

About This Home

As of May 2017

This amazing property has stood the test of time. Participate in the city's plan to revitalize the waterfront. Huge potential for future re-development, this lot is Zoned R-3. Conveniently located, this charmer fills quickly with quality tenants. Enjoy the cash flow while you plan your new construction, or enjoy rental income as an owner occupant. Top floor enjoys western facing sound and mountain views. Ideal duplex for the discerning investor, would make an excellent 1031 target.

Last Agent to Sell the Property

Bryan Mize

Skyline Properties, Inc. License #17647 Listed on: 03/25/2017

Skyline Properties, Inc.

Co-Listed By

Shawn Gay

RSVP Brokers ERA License #96238

Last Buyer's Agent

Bryan Mize

Skyline Properties, Inc. License #17647 Listed on: 03/25/2017

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1095358

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,604

Year Built

  • Built in 1907

Lot Details

  • 3,049

Parking

  • Open Parking

Property Views

  • Views of a Sound
  • Mountain
  • Limited

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,789 Sq Ft Home
  • 2-Story Property

Additional Features

  • 3,049 Sq Ft Lot
  • Natural Gas Connected

Community Details

  • Rucker Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437672500900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1907
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1789
  • Special Features: None
  • Cumulative Days on Market: 341

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial, Sound
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: See Remarks
  • Foundation Details: Post & Pillar
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 1419

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00437672500900
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 1450

Multi Family

  • Gross Scheduled Income: 17400
  • Net Operating Income: 12896
  • Number Of Units Total: 2
  • Insurance Expense: 883
  • Leasable Area: 1780
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1604

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 26, 2017
Sold by
Fallon Mark R and Fallon Susan M
Bought by
Lefevre Anna and Hoskie Yolanda
Seller's Agent
Bryan Mize
Skyline Properties, Inc.
Buyer's Agent
Bryan Mize
Skyline Properties, Inc.
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$629,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,311
Avg. Annual Appreciation
10.23%
Original Mortgage
$270,019
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2007
Sold by
Carnes Alan R
Bought by
Fallon Mark R and Fallon Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,270
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
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
Lefevre Anna $275,000 Old Republic Title Ltd
Fallon Mark R $221,350 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lefevre Anna $262,723
Closed Lefevre Anna $270,019
Previous Owner Fallon Mark R $44,270
Previous Owner Fallon Mark R $154,945
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $275,000 -3.5% $154 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $285,000 -- $159 / 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 $4,312 $488,800 $291,900 $196,900
2024 $4,312 $502,100 $305,200 $196,900
2023 $3,731 $454,400 $274,900 $179,500
2022 $3,470 $379,000 $208,200 $170,800
2020 $3,491 $311,000 $165,400 $145,600
2019 $3,179 $285,000 $155,500 $129,500
2018 $2,361 $194,000 $119,500 $74,500
2017 $2,077 $170,000 $109,600 $60,400
2016 $1,604 $138,000 $103,400 $34,600
2015 $1,604 $130,000 $98,900 $31,100
2013 $1,552 $111,000 $91,500 $19,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1095358

Northwest Multiple Listing Service (NWMLS)

APN: 004376-725-009-00