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)
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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
  • Structure Type: Multi Family
  • 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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 22, 2021
Sold by
Bought by
Seller's Agent
Austin Kelley
Kidder Mathews
Buyer's Agent
Brian Alfi
Windermere R.E. Shoreline
List Price
$2,100,000
Sold Price
$2,000,000
Premium/Discount to List
-$100,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,404,000
Outstanding Balance
$1,242,641
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 13, 2012
Closed on
Aug 14, 2012
Sold by
Bought by
Buyer's Agent
Corey Crain
Keller Williams Realty Bothell
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Nov 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.74%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,000,000 First American Title
$900,000 First American Title Ins Co
-- First American Title Ins Co
-- First American Title Ins Co
$900,000 1St American
$130,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,404,000
Previous Owner $97,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,045 $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

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1723422

Northwest Multiple Listing Service (NWMLS)
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