Listed by Tapp & Co., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $908,000 - $1,056,257

4 Beds
4 Baths
2,552 Sq Ft
$394/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $1,034,325 $405 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,853/month

22 Days on Market

Highlights

  • Corner Lot
  • Open Space
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2024

Conveniently situated Lynnwood duplex on a large corner lot. Each side features a 1276 sqft townhouse unit with 2 bedrooms plus a den, 1.75 baths, private laundry, a private yard, ample parking, and a private garage each. Both units are updated with a modern kitchen, baths, and appliances. Renovated in 2016, including landscaping, plumbing, electrical panels and lighting upgrades, roof, kitchen/bath cabinets, quartz countertops, appliances, hot water heaters, paint, and flooring. The property, on a large 14,375sqft corner lot zoned MR, has future potential for up to 7 units (buyer to verify). Well-maintained and versatile – ideal for owner-occupiers or investors. What a fantastic opportunity!

Last Agent to Sell the Property

Marta Tapp

Tapp & Co. License #25564 Listed on: 08/03/2024

Last Buyer's Agent

Betty Dong

John L. Scott, Inc. License #27596

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2273432

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Open Space
  • Partially Fenced Property
  • Corner Lot
  • Value in Land

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,552 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • North Lynnwood Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 9
  • Assessor Parcel Number 00372900900502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,100

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2552
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Open Space, Value In Land
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: AWWD
  • WaterCompany: AWWD

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00372900900502
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 18.8
  • LeasedItems: None
  • TotalMonthlyIncome: 4780

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7100

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Sep 27, 2024
Sold by
Rebelo Emilia
Bought by
Deng Ying and Dong Na
Seller's Agent
Marta Tapp
Tapp & Co.
Buyer's Agent
Betty Dong
John L. Scott, Inc.
List Price
$1,080,000
Sold Price
$1,034,325
Premium/Discount to List
-$45,675
-4.23%
Views
13
Current Estimated Value
$1,004,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,761
Avg. Annual Appreciation
-2.69%
Original Mortgage
$682,500
Outstanding Balance
$675,513
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$329,051

Purchase Details

Closed on
Jun 5, 2015
Sold by
Bonsen Randy and Benusa Katherine
Bought by
Rebelo Emilia

Purchase Details

Closed on
Mar 18, 2005
Sold by
Dahlstrom Michael T and Dahlstrom Linda I
Bought by
Bonsen Randy S and Benusa Katherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
1.37%
Mortgage Type
New Conventional
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
Deng Ying $1,034,325 Old Republic Title
Rebelo Emilia $341,250 Old Republic Title Ltd
Bonsen Randy S $315,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deng Ying $682,500
Previous Owner Bonsen Randy S $252,000
Closed Bonsen Randy S $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2024 10/01/24 Sold $1,034,325 -4.2% $405 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $1,080,000 -- $423 / 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 $7,009 $844,400 $504,000 $340,400
2024 $7,009 $830,400 $490,000 $340,400
2023 $7,100 $879,700 $505,000 $374,700
2022 $6,789 $685,100 $367,000 $318,100
2020 $6,566 $585,400 $307,000 $278,400
2019 $5,828 $515,100 $277,000 $238,100
2018 $6,018 $469,400 $243,000 $226,400
2017 $5,121 $411,600 $202,000 $209,600
2016 $4,710 $378,800 $178,000 $200,800
2015 -- $336,200 $148,000 $188,200
2013 $3,550 $253,700 $113,000 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2273432

Northwest Multiple Listing Service (NWMLS)

APN: 003729-009-005-02