Listed by Kidder Mathews, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE
12 Beds
15 Baths
8,080 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $2,000,000 $248 Per Sq Ft

16 Days on Market

About This Home

As of April 2021

2007 year built , property has been meticulously maintained / Extremely limited future capital expenditures over next ten years / Modern floor plans design and spacious unit layouts / Ability to increase rents over 17% to market without renovations / Utility Bill-back, garage parking rent potential / Future renovation: All units hold original interiors / Direct access to Downtown Seattle and Bellevue. Located right off Interstate-5 / Close to all major employers; Boeing, Washington State Government, Providence Regional Medical Center

Last Agent to Sell the Property

Austin Kelley

Kidder Mathews License #131596 Listed on: 02/01/2021

Last Buyer's Agent

Brian Alfi

Windermere R.E. Shoreline License #21010998

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1723422

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,916

Year Built

  • Built in 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3-Story Property
  • Ceramic Tile Flooring

Parking

  • 6 Covered Spaces
  • Open Parking

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0043907930100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,916

Year Built

Built in 2007

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2007
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Forced Air, Ceramic Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Lakewood

Lot Info

  • Parcel Number: 0043907930100
  • Lot Size Acres: 0.21
  • Lot Size: 9148
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: See Remarks
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 10728

Tax Info

  • Year: 2020
  • Tax Annual Amount: 16916

Multi Family

  • Number Of Units Total: 8
  • EnergySource: Electric
  • UnitsBelowGrade: false
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2021 04/30/21 Sold $2,000,000 -4.8% $248 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $2,100,000 +133.3% $260 / Sq Ft
08/15/2012 08/15/12 Sold $900,000 -7.7% $111 / Sq Ft View Prior Sale
07/13/2012 07/13/12 Pending -- -- --
01/25/2012 01/25/12 For Sale $975,000 -- $121 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2026 $18,132 $2,101,000 $356,000 $1,745,000
2025 $17,863 $2,080,000 $346,000 $1,734,000
2024 $17,863 $2,080,000 $346,000 $1,734,000
2023 $16,300 $1,985,000 $325,000 $1,660,000
2022 $16,526 $1,805,000 $240,000 $1,565,000
2020 $16,916 $1,507,000 $192,000 $1,315,000
2019 $13,775 $1,235,000 $187,000 $1,048,000
2018 $12,424 $1,021,000 $168,200 $852,800
2017 $11,326 $927,000 $155,700 $771,300
2016 $10,496 $903,000 $146,900 $756,100
2015 $9,945 $806,000 $146,900 $659,100
2013 $10,697 $765,000 $136,000 $629,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1723422

Northwest Multiple Listing Service (NWMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.