Listed by Madison Partners Real Estate, Bought with North Pacific Properties
NOT LISTED FOR SALE

Estimated Value: $1,833,217

4 Beds
3 Baths
5,806 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $1,150,000 $198 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $10,671/month

412 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding

About This Home

As of April 2020

Solid, 5,806 sf building located between I-5 and Hwy 99. This level-entry 3 story is Zoned MR, and Permitted Uses include Boarding House, Family Day Care, Foster Home, Group Home, Health and Social Service Facility, Office, Limited Retail, etc. Below grade level is a 2100 sf 5-car garage/storage area/rec room; main level 2056 sf office/residence; upper is 1650 sf 4 Bed, 2 Bath residential/office unit with full kitchen, dining room, & fireplace. 10 more parking stalls on this 16,988 sf lot.

Last Agent to Sell the Property

William Fredrickson

Madison Partners Real Estate License #3776 Listed on: 12/03/2018

Co-Listed By

Brad Hopps

Madison Partners Real Estate License #32196

Last Buyer's Agent

Joshua Fant

North Pacific Properties License #23407

North Pacific Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1419871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,413

Year Built

  • Built in 2003

Lot Details

  • Corner Lot

Parking

  • RV Access or Parking

Home Design

  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • 2 Units
  • Alderwood Manor Community

Listing and Financial Details

  • Assessor Parcel Number 00372900300110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,413

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Style: 52 - Duplex
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Floor Covering: Vinyl, Wall To Wall Carpet
  • Estimated Sq Ft: 5806

Exterior Features

  • Exterior: Cement/Concrete, Wood
  • Foundation: Concrete Ribbon, Post And Pillar, Poured Concrete
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Numberof Garage Spaces: 5
  • Numberof Uncovered Spaces: 10
  • Total Numberof Parking Spaces: 15

Utilities

  • Heating And Cooling: Forced Air, Heat Pump
  • Power Company: PUD, PSE
  • Sewer: Sewer Connected
  • Sewer Company: Alderwood
  • Water Company: Alderwood
  • Water Source: Public

Condo/Co-op/Association

  • Numberof Units in Building: 2
  • Community Name: Alderwood Manor
  • Amenities: Basement, Storage, Thermal Windows

Schools

  • Elementary School: Oak Heights ElemOh
  • Middle School: Alderwood Mid
  • High School: Lynnwood High
  • School District: ED

Lot Info

  • General Zoning Classification: Multi-Family
  • Lot Details: Corner Lot
  • Lot Dimensions: 16,988 Irreg
  • Lot Sq Ft: 16988
  • Parcel Number: 00372900300110
  • Zoning Jurisdiction: County

Tax Info

  • Tax Amount: 7416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Apr 7, 2020
Sold by
Washington & Northern Id Dist Council Of
Bought by
3909 Llc
Seller's Agent
William Fredrickson
Madison Partners Real Estate
Buyer's Agent
Joshua Fant
North Pacific Properties
List Price
$1,465,000
Sold Price
$1,150,000
Premium/Discount to List
-$315,000
-21.5%
Current Estimated Value
$1,833,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,217
Avg. Annual Appreciation
8.85%
Original Mortgage
$584,550
Outstanding Balance
$517,840
Interest Rate
3.4%
Mortgage Type
Commercial
Estimated Equity
$1,315,377

Purchase Details

Closed on
Aug 7, 2008
Sold by
Starlite Construction Llc
Bought by
Washington & Northern Idaho District Cou

Purchase Details

Closed on
Dec 28, 2001
Sold by
Starlite Construction
Bought by
Starlite Construction Llc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Douglas James Franklin and Douglas Virginia Lee
Bought by
Starlite Construction
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
3909 Llc $1,150,000 Chicago Title
Washington & Northern Idaho District Cou $955,000 Chicago Title
Starlite Construction Llc -- --
Starlite Construction $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3909 Llc $584,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2020 04/13/20 Sold $1,150,000 -9.8% $198 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $1,275,000 -13.0% $220 / Sq Ft
07/12/2019 07/12/19 For Sale $1,465,000 +27.4% $252 / Sq Ft
07/01/2019 07/01/19 Off Market $1,150,000 -- --
12/03/2018 12/03/18 For Sale $1,465,000 -- $252 / 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 $11,413 $1,354,800 $532,200 $822,600
2024 $11,413 $1,321,100 $445,200 $875,900
2023 $10,316 $1,241,100 $435,200 $805,900
2022 $11,610 $1,151,300 $452,500 $698,800
2020 $11,027 $981,600 $328,000 $653,600
2019 $7,416 $644,500 $227,200 $417,300
2018 $7,461 $571,600 $199,200 $372,400
2017 $6,513 $513,300 $165,600 $347,700
2016 $6,132 $483,600 $146,400 $337,200
2015 $5,928 $443,300 $120,000 $323,300
2013 $5,369 $379,100 $113,400 $265,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1419871

Northwest Multiple Listing Service (NWMLS)

APN: 003729-003-001-10