Listed by Coastal Realty, Bought with Keller Williams Realty Bothell
$897,000
SOLD OCT 15, 2024

3214 186th Place NE Unit A & B Arlington, WA 98223

West Arlington Neighborhood
-- Bed
-- Bath
2,990 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Forced Air Heating System
  • Corner Lot
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of October 2024

Fantastic investment opportunity in the heart of Arlington! This well cared for Duplex is turn-key and features two spacious, 3 bedroom 2.5 bath units in pristine condition. Each unit has been tastefully updated with vinyl plank flooring and new carpets, fresh interior paint, and new window coverings throughout. Two well designed kitchens with stainless appliances, new counter tops and hardware. A new roof with transferable warranty, new insulation and vapor barrier, and the many upgrades make this the perfect opportunity for savvy investors. The options are endless - owner occupy, lease both units or condominiumize and resell later. Convenient location close to I-5, Smokey Point shopping, transit and the new Amazon facilities.

Last Agent to Sell the Property

Blake Westhoff

Coastal Realty License #131477 Listed on: 09/05/2024

Co-Listed By

Allison Trimble

Coastal Realty License #27435

Last Buyer's Agent

John Ward

Keller Williams Realty Bothell License #24009142

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2285984

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,520

Year Built

  • Built in 2000

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

HOA Fees

  • $36 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,990 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Lakewood Mid Middle School
  • Lakewood High School

Utilities

  • Forced Air Heating System
  • High Speed Internet

Community Details

  • Smokey Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00901400000501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,520

Year Built

Built in 2000

Lot Details

0

HOA Fees

$36 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2990
  • Special Features: VirtualTour
  • Cumulative Days on Market: 237

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, 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, Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Arlington
  • WaterCompany: City of Arlington
  • InternetConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 432
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Junior High Dist: Lakewood
  • High School: Lakewood High
  • Middle Or Junior School: Lakewood Mid

Lot Info

  • Parcel Number: 00901400000501
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available,High Speed Internet
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14.1
  • LeasedItems: None
  • TotalMonthlyIncome: 5300

Multi Family

  • Gross Scheduled Income: 63600
  • Net Operating Income: 55780
  • Number Of Units Total: 2
  • Insurance Expense: 1300
  • Leasable Area: 2990
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6520

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 1, 2024
Sold by
Jackson Michael and Grove Gloria
Bought by
Becerra Juan Carlos Espar and Durazo Jhovanna
Seller's Agent
Blake Westhoff
Coastal Realty
Buyer's Agent
John Ward
Keller Williams Realty Bothell
List Price
$897,000
Sold Price
$897,000
Total Days on Market
5
Views
4
Current Estimated Value
$918,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,004
Avg. Annual Appreciation
4.26%
Original Mortgage
$627,900
Outstanding Balance
$625,544
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$294,953

Purchase Details

Listed on
Oct 14, 2016
Closed on
Dec 8, 2016
Sold by
Williams Richard E and Williams Elizabeth J
Bought by
Jackson Michael and Grove Gloria
Buyer's Agent
Christine Larson
Windermere RE Arlington
List Price
$435,000
Sold Price
$414,045
Premium/Discount to List
-$20,955
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$310,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2005
Sold by
Audette Patricia
Bought by
Lakewood Crossing Properties Llc

Purchase Details

Closed on
Nov 2, 2004
Sold by
Greenwood Charles D and Greenwood Vivian E
Bought by
Williams Richard E and Williams Elizabeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2000
Sold by
Grandview Inc
Bought by
Greenwood Charles D and Greenwood Vivian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.63%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Can Am Associates I
Bought by
Texaco Refining & Marketing Inc

Purchase Details

Closed on
Jul 18, 1994
Sold by
Petosa Nicholas
Bought by
Audette Patricia
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 Type Sale Price Title Company
Warranty Deed $897,000 Chicago Title
Warranty Deed $414,045 First American Title Ins Co
Warranty Deed $400,000 First American Title Insuran
Warranty Deed $20,000 First American Title Insuran
Warranty Deed $330,000 Commonwealth Land Title
Warranty Deed $275,000 --
Warranty Deed $425,000 Transamerica Title Ins Compa
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $627,900 New Conventional
Previous Owner $310,500 New Conventional
Previous Owner $345,264 New Conventional
Previous Owner $346,000 Unknown
Previous Owner $1,350,000 Unknown
Previous Owner $328,000 Unknown
Previous Owner $258,900 Fannie Mae Freddie Mac
Previous Owner $59,450 Stand Alone Second
Previous Owner $230,000 Purchase Money Mortgage
Previous Owner $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $897,000 0.0% $300 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $897,000 +116.6% $300 / Sq Ft
12/09/2016 12/09/16 Sold $414,045 -4.8% $138 / Sq Ft
10/29/2016 10/29/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $435,000 -- $145 / 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 $6,520 $808,800 $262,000 $546,800
2024 $6,520 $752,800 $225,000 $527,800
2023 $6,068 $773,800 $234,000 $539,800
2022 $5,623 $598,100 $192,000 $406,100
2020 $4,710 $483,100 $146,000 $337,100
2019 $3,969 $434,400 $132,000 $302,400
2018 $4,566 $412,800 $115,000 $297,800
2017 $3,713 $334,100 $98,000 $236,100
2016 $3,231 $291,500 $88,000 $203,500
2015 $3,278 $283,000 $73,000 $210,000
2013 $3,011 $264,800 $60,000 $204,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2285984

Northwest Multiple Listing Service (NWMLS)

APN: 009014-000-005-01