Listed by Windermere RE Skagit Valley, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

317 E Gilman Ave Arlington, WA 98223

Old Town Arlington Neighborhood

Estimated Value: $1,082,000 - $1,265,000

8 Beds
4 Baths
3,608 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 30, 2014

Last sale price $431,250 $120 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $6,709/month

163 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • High Speed Internet
  • Wood Siding
  • 3-minute walk to Centinnenial Park

About This Home

As of August 2014

Very well maintained four-plex with stable clients and no deferred maintenance! Units are townhouse style allowing good separation between tenants. These are light-filled units w/thermal windows for solar gain and lower utility bills for tenants. Each unit has w/d hookup, a new storage unit and two off-street parking spaces. Located just a short walk from shopping and all other Arlington in-town amenities and close to I-5. Very low maintenance property - a very good stable investment!

Last Agent to Sell the Property

Jim Glackin

Windermere RE Skagit Valley License #73821 Listed on: 02/11/2014

Windermere RE Skagit Valley

Co-Listed By

James Scott

Windermere RE Skagit Valley License #13701

Last Buyer's Agent

Steve Albertsen

Skyline Properties, Inc. License #13072

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 591777

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Arlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00461801401300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,840

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3608
  • Special Features: None
  • Cumulative Days on Market: 518

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, See Remarks, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: city of Arlington
  • WaterCompany: city of Arlington
  • WaterSewerGarbage: 6196

Schools

  • Junior High Dist: Arlington

Lot Info

  • Parcel Number: 00461801401300
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Outbuildings
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3265

Multi Family

  • Gross Scheduled Income: 39180
  • Net Operating Income: 24078
  • Number Of Units Total: 4
  • Insurance Expense: 1148
  • Leasable Area: 3608
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Aug 22, 2014
Sold by
Jensen Marlene E
Bought by
Downs Larry W and Downs Rheta A
Seller's Agent
Jim Glackin
Windermere RE Skagit Valley
Buyer's Agent
Steve Albertsen
Skyline Properties, Inc.
List Price
$442,500
Sold Price
$431,250
Premium/Discount to List
-$11,250
-2.54%
Current Estimated Value
$1,143,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,780
Avg. Annual Appreciation
9.29%
Original Mortgage
$181,000
Outstanding Balance
$140,451
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$1,003,963
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Downs Larry W $431,250 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downs Larry W $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2014 08/30/14 Sold $431,250 -2.5% $120 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $442,500 -- $123 / 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 $5,777 $658,200 $210,000 $448,200
2024 $5,777 $672,400 $202,000 $470,400
2023 $4,665 $603,400 $185,000 $418,400
2022 $5,522 $591,500 $165,000 $426,500
2020 $5,047 $558,000 $130,000 $428,000
2019 $4,621 $498,000 $125,000 $373,000
2018 $4,851 $415,000 $120,000 $295,000
2017 $4,616 $403,000 $120,000 $283,000
2016 $4,638 $380,000 $110,000 $270,000
2015 $4,154 $328,000 $105,000 $223,000
2013 $3,840 $300,000 $105,000 $195,000
Source: Public Records

Agents Affiliated with this Home

  • Jim Glackin

    Seller's Agent in 2014

    Jim Glackin

    Windermere Corporate

    (360) 428-2828

    79 Total Sales

    Jim Glackin
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    James Scott

    Windermere Corporate

  • Steve Albertsen

    Buyer's Agent in 2014

    Steve Albertsen

    Skyline Properties, Inc

    (425) 344-4715

    18 Total Sales

    Steve Albertsen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 591777

Northwest Multiple Listing Service (NWMLS)

APN: 004618-014-013-00

Washington Snohomish County Arlington 98223 Old Town Arlington

317 E Gilman Ave, Arlington, WA

This home is located at 317 E Gilman Ave, Arlington, WA 98223 since 11 February 2014 and is currently estimated at $1,143,030, approximately $316 per square foot. This property was built in 1977. 317 E Gilman Ave is a home located in Snohomish County with nearby schools including Presidents Elementary School, Post Middle School, and Arlington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes