NOT LISTED FOR SALE
-- Bed
-- Bath
23,500 Sq Ft
1.81 Acres

Last Sold April 01, 2017

Last sale price $1,760,000 $75 Per Sq Ft

7 Days on Market

Highlights

  • Lake View
  • Deck
  • Partially Fenced Property
  • Glenwood Elementary School Rated A-
  • Ceramic Tile Flooring
  • 2-minute walk to Davies Beach

About This Home

As of April 2017

Great mobile home park plus duplex & warehouse space, self service storage. City water & sewer (10.76 cap with $256,000 Gross Income Performa). Lake & mountain views, low rents & low vacancy rate. Across from public beach & boat launch. Walk to Wyatt Beach & boat launch. Well managed, many updates. Rare investment property. Inside the city of Lake Stevens, close to schools, shopping, restaurants, 20 minutes to Boeing, 10 minutes to downtown Everett.

Last Listed By

Dave Hilbert

Real Estate 2000 Inc. License #11415 Listed on: 06/25/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM969888

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 1.81

Property Views

  • Lake
  • Mountain

Home Design

  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Construction Material

Flooring

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

Additional Features

  • 1-Story Property
  • Deck
  • Partially Fenced Property
  • Cable TV Available

Community Details

  • Lake Stevens Community

Listing and Financial Details

  • Assessor Parcel Number 00493300900202

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 56 - 10+ Units
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Ceramic Tile, Laminate Hardwood, Vinyl, Wall To Wall Carpet
  • Estimated Sq Ft: 23500

Exterior Features

  • Exterior: Metal/Vinyl, Wood
  • Foundation: Poured Concrete
  • Roof: Composition, Metal
  • View: Lake, Mountain

Garage/Parking

  • Numberof Carport Spaces: 1
  • Numberof Garage Spaces: 4
  • Numberof Uncovered Spaces: 37
  • Total Numberof Parking Spaces: 42

Utilities

  • Water/Sewer/Garbage: 24400
  • Heating And Cooling: Forced Air
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: Lk Stevens
  • Water Company: PUD

Condo/Co-op/Association

  • Community Name: Lake Stevens
  • Amenities: Thermal Windows

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Lake Stevens Middle
  • High School: Lake Stevens Snr Hig
  • School District: LS

Lot Info

  • General Zoning Classification: Residential
  • Lot Details: Paved Street
  • Lot Sq Ft: 78842
  • Parcel Number: 00493300900202
  • Zoning Jurisdiction: City

Multi Family

  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: 256000
  • Insurance Expenses: 4519
  • Total Expenses: 72918
  • Net Operating Income: 183082
  • Total Expenses: 72918

Tax Info

  • Tax Amount: 15639

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2017 04/01/17 Sold $1,760,000 +3.5% $75 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $1,700,000 -- $72 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM969888

Northwest Multiple Listing Service (NWMLS)