NOT LISTED FOR SALE

313 161st St SW Lynnwood, WA 98087

Estimated Value: $1,115,000 - $1,293,496

6 Beds
4 Baths
3,002 Sq Ft
$388/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $488,000 $163 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,819/month

233 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Property is Fully Fenced
  • Territorial View
  • Ceramic Tile Flooring

About This Home

As of June 2014

Fabulous three bedroom two bath in each unitof this townhouse style duplex with the master bedrooms and baths on the gound floor. Cathredral ceilings in the living room with a fireplace in each unit. Beautiful floor plan more like an elegant home. Each unit has a double car garage with lots of extra parking on a huge fenced yard at the end of a cul-de-sac 2 blooks from Martha Lake and walking distance to Mill Creek Town Center. Each unit has a storage buillding in the yard.

Last Buyer's Agent

Frank Hammer

Town Center Realty License #46420

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 538705

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1993

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 125x167x99x119
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,002 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Oak Heights Elemoh Elementary School
  • Lynnwood High School

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Martha Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 000 D-03
  • Assessor Parcel Number 00509300000903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,183

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1993
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3002
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Snohomish PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood

Schools

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

Lot Info

  • Parcel Number: 00509300000903
  • Lot Size Acres: 0.37
  • Lot Size: 125x167x99x119
  • Lot Size Sq Ft: 16117
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,Outbuildings,RV Parking
  • ZoningClass: Residential
  • LotNumber: 3

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4183

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Oak Heights ElemOh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Petosa Joseph M
Bought by
Petosa Family Trust and Petosa
Current Estimated Value
$1,166,124

Purchase Details

Closed on
Jun 2, 2021
Sold by
Petosa Joe and Petosa Ashley
Bought by
Petosa Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2015
Sold by
Petosa Kristy
Bought by
Pelosa Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,360
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 2, 2013
Closed on
May 27, 2014
Sold by
Hooler Roger F
Bought by
Petosa Nicole and Petosa Joe
Buyer's Agent
Frank Hammer
Town Center Realty
List Price
$499,000
Sold Price
$488,000
Premium/Discount to List
-$11,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$341,600
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1997
Sold by
Hooker Connie L
Bought by
Hooker Roger F

Purchase Details

Closed on
Jan 15, 1997
Sold by
Todd Michael J and Todd Charlotte M
Bought by
Hooker Roger F and Hooker Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.46%
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
Petosa Family Trust $313 None Listed On Document
Petosa Joseph M -- Chicago Title Company Of Wa
Pelosa Joseph M -- Wfg National Title Company
Petosa Joe -- Wfg National Title Company
Petosa Nicole $488,000 Chicago Title Company
Petosa Nicole -- Chicago Title Company
Hooker Roger F -- --
Hooker Roger F $275,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petosa Joseph M $255,000
Previous Owner Petosa Joe $343,360
Previous Owner Petosa Nicole $341,600
Previous Owner Hooker Roger F $247,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2014 06/25/14 Sold $488,000 -2.2% $163 / Sq Ft
04/24/2014 04/24/14 Pending -- -- --
09/02/2013 09/02/13 For Sale $499,000 -- $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 $8,223 $1,075,600 $625,000 $450,600
2024 $8,223 $980,600 $605,000 $375,600
2023 $8,988 $1,124,600 $690,000 $434,600
2022 $8,271 $841,500 $395,000 $446,500
2020 $7,878 $707,000 $354,000 $353,000
2019 $6,813 $606,100 $290,000 $316,100
2018 $7,093 $556,900 $260,000 $296,900
2017 $6,106 $494,800 $215,000 $279,800
2016 $5,355 $433,500 $186,000 $247,500
2015 $5,022 $385,300 $175,000 $210,300
2013 $4,183 $302,400 $142,000 $160,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 538705

Northwest Multiple Listing Service (NWMLS)

APN: 005093-000-009-03