NOT LISTED FOR SALE

Estimated Value: $654,549 - $692,000

4 Beds
2 Baths
1,560 Sq Ft
$431/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $420,000 $269 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,110/month

129 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • High Speed Internet
  • Territorial View
  • Patio
  • Property is Fully Fenced

About This Home

As of April 2019

Investor Opportunity! Multiple Residential Zoned Duplex on large .28 acre lot in prime location minutes from I5, schools, Boeing, shopping and more. Each well maintained 780 sq.ft. unit features 2 spacious bedrooms, 1 full bathroom, laundry, full kitchen, fully fenced back yard, 1 car garage and off street parking spaces. MR Zoning allows for many uses and possibly up to 6 units, buyer to verify. Rent out both units or live in one and rent the second for income! Property goes beyond back fences.

Last Listed By

Eric Duffer

Redfin License #123995 Listed on: 10/22/2018

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1378137

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 1960

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 102x122x107x122
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wood
  • Vinyl

Parking

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

Outdoor Features

  • Patio

Schools

  • Olivia Park Elementary School
  • Voyager Mid Middle School
  • Mariner High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28042400404500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,057

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • Special Features: VirtualTour
  • Cumulative Days on Market: 364

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, See Remarks
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PUD #1 of Sno. Co.
  • SewerCompany: Mukilteo Water/WW
  • WaterCompany: Mukilteo Water/WW
  • WaterSewerGarbage: 1347

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Voyager Mid

Lot Info

  • Parcel Number: 28042400404500
  • Lot Size Acres: 0.281
  • Lot Size: 102x122x107x122
  • Lot Size Sq Ft: 12240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Appraisal- Buyer to verify
  • ZoningJurisdiction: County
  • ZoningClass: Business,Commercial,Multi-Family,Office,Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 1525

Multi Family

  • Gross Scheduled Income: 18300
  • Net Operating Income: 13245
  • Number Of Units Total: 2
  • Insurance Expense: 650
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 3057

MLS Schools

  • Elementary School: Olivia Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Mar 28, 2019
Sold by
Carl Larsen Construction Inc
Bought by
Yoon Jang Y and Yoon Youseung
Seller's Agent
Eric Duffer
Redfin
Buyer's Agent
Morgan Park
The Preview Group
List Price
$440,000
Sold Price
$420,000
Premium/Discount to List
-$20,000
-4.55%
Total Days on Market
129
Current Estimated Value
$672,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,137
Avg. Annual Appreciation
7.92%
Original Mortgage
$315,000
Outstanding Balance
$281,401
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$387,904

Purchase Details

Closed on
Apr 11, 1996
Sold by
Larsen Carl M and Larsen Sharon E
Bought by
Carl Larsen Construction Inc

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
Yoon Jang Y $420,000 Ticor Title
Carl Larsen Construction Inc -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Jang Y $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $420,000 -4.5% $269 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
02/17/2019 02/17/19 For Sale $440,000 0.0% $282 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $440,000 0.0% $282 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $440,000 -- $282 / 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 $4,607 $557,400 $366,000 $191,400
2024 $4,607 $522,400 $324,900 $197,500
2023 $4,567 $541,500 $320,000 $221,500
2022 $3,991 $397,400 $209,600 $187,800
2020 $3,462 $335,500 $168,300 $167,200
2019 $2,986 $287,300 $145,400 $141,900
2018 $3,057 $257,100 $123,900 $133,200
2017 $2,742 $234,200 $111,700 $122,500
2016 $2,548 $214,800 $97,200 $117,600
2015 $2,399 $184,000 $89,500 $94,500
2013 $1,960 $137,600 $67,300 $70,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1378137

Northwest Multiple Listing Service (NWMLS)

APN: 280424-004-045-00