Listed by Lapis Homes, Bought with Marketplace Sotheby's Intl Rty
NOT LISTED FOR SALE

320 Birchwood Ln Unit 322 Sedro Woolley, WA 98284

Estimated Value: $604,715 - $659,000

6 Beds
3 Baths
2,802 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $560,000 $200 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,900/month

7 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Patio

About This Home

As of October 2023

Welcome to this fantastic investment opportunity in the growing community of Sedro Woolley! This well-maintained duplex offers a prime location near Highway 20, easy access to I-5, and a short distance to shopping and amenities. Whether you're an investor or looking for a multi-family living solution, this property checks all the boxes. Each unit has 3 bedrooms/2 bathrooms, semi open concept. Don't miss out on this chance to own a duplex in a sought-after Sedro Woolley location.

Last Agent to Sell the Property

Kristine Stultz

Lapis Homes License #25331 Listed on: 10/06/2023

Lapis Homes

Last Buyer's Agent

Stephen Saunders

Marketplace Sotheby's Intl Rty License #2236

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2167821

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 2004

Lot Details

  • 10,605 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Sedro Woolley Snr Hi High School

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Af#200310160117 Condos
  • Sedro Woolley Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number P120932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: AF#200310160117
  • New Construction: No
  • CalculatedSquareFootage: 2802
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 361

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Sedro Woolley
  • WaterCompany: PUD
  • WaterSewerGarbage: 2968.56

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Sedro Woolley
  • High School: Sedro Woolley Snr Hi
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P120932
  • Lot Size Acres: 0.2435
  • Lot Size Sq Ft: 10605
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,Patio
  • MLSLotSizeSource: AF#200310160117,
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 11.8
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 34920
  • Number Of Units Total: 2
  • Insurance Expense: 1497
  • Leasable Area: 2802
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4679.5

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 26, 2023
Sold by
Knorr Homes Llc
Bought by
Sim Pei Jie
Seller's Agent
Kristine Stultz
Lapis Homes
Buyer's Agent
Stephen Saunders
Marketplace Sotheby's Intl Rty
List Price
$570,000
Sold Price
$560,000
Premium/Discount to List
-$10,000
-1.75%
Views
6
Current Estimated Value
$635,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,429
Avg. Annual Appreciation
7.19%
Original Mortgage
$420,000
Outstanding Balance
$412,590
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$222,839

Purchase Details

Closed on
Aug 11, 2023
Sold by
Knorr Edward G
Bought by
Knorr Homes Llc

Purchase Details

Closed on
Aug 7, 2023
Sold by
Knorr Edward G
Bought by
Knorr Homes Llc
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
Sim Pei Jie $560,000 Chicago Title
Knorr Homes Llc -- None Listed On Document
Knorr Homes Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sim Pei Jie $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $560,000 -1.8% $200 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $570,000 -- $203 / 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
2024 $5,258 $554,400 $199,800 $354,600
2023 $5,258 $565,500 $210,900 $354,600
2022 $4,446 $530,600 $182,000 $348,600
2021 $3,906 $437,000 $138,200 $298,800
2020 $3,776 $358,200 $0 $0
2019 $2,763 $358,200 $0 $0
2018 $3,101 $321,600 $0 $0
2017 $2,848 $271,500 $0 $0
2016 $2,885 $252,900 $79,800 $173,100
2015 $3,350 $239,600 $75,600 $164,000
2013 $3,222 $238,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2167821

Northwest Multiple Listing Service (NWMLS)

APN: P120932