Listed by John L. Scott, Inc., Bought with Realogics Sotheby's Int'l Rlty
NOT LISTED FOR SALE

Estimated Value: $762,000 - $1,091,000

4 Beds
2 Baths
1,560 Sq Ft
$552/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $445,000 $285 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,005/month

22 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • 1-Story Property
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of October 2019

Great investment potential in the heart of Lynnwood. Live in one side and rent the other or rent both sides. Both units have 2 bedrooms, 1 bath, living room and kitchen. 780sf per side. Carports and on the side parking. Perfect backyard space. Close to schools, shopping, mall, rec center and park n ride

Last Agent to Sell the Property

Michael McKinney

John L. Scott, Inc. License #49768 Listed on: 08/24/2019

John L. Scott, Inc.

Last Buyer's Agent

Chris Bierrum

Realogics Sotheby's Int'l Rlty License #96359

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1510276

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1963

Lot Details

  • 9,148 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Outbuilding

Schools

  • Lynnwood Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Alderwood Manor Condos
  • Lynnwood Subdivision

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 00372700601805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,204

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Alderwood Manor
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD of Snohomish
  • SewerCompany: City of Lynnwood
  • WaterCompany: City of Lynnwood
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 00372700601805
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • LotNumber: 18

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4204

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Lynnwood Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Oct 9, 2019
Sold by
Crain Jeff and Crain Susan
Bought by
Lam Michael Q and Voba Lan P
Seller's Agent
Michael McKinney
John L. Scott, Inc.
Buyer's Agent
Chris Bierrum
Realogics Sotheby's Int'l Rlty
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Current Estimated Value
$860,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,938
Avg. Annual Appreciation
11.63%
Original Mortgage
$300,000
Outstanding Balance
$262,274
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$598,664

Purchase Details

Closed on
Oct 21, 2004
Sold by
Vannguyen Nho and Duong Be Thi
Bought by
Crain Jeff and Crain Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,455
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1998
Sold by
Lester Sprague S and Lester Paulina M
Bought by
Vannguyen Nho and Duong Be Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Lam Michael Q $445,000 Chicago Title Company Of Wa
Crain Jeff $244,950 Chicago Title Insurance Co
Vannguyen Nho $158,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Michael Q $300,000
Previous Owner Crain Jeff $220,455
Previous Owner Vannguyen Nho $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $445,000 0.0% $285 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
09/06/2019 09/06/19 Price Changed $445,000 -4.3% $285 / Sq Ft
08/24/2019 08/24/19 For Sale $465,000 -- $298 / 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 $5,230 $673,300 $435,100 $238,200
2024 $5,230 $673,300 $435,100 $238,200
2023 $5,354 $716,900 $449,800 $267,100
2022 $4,896 $536,900 $310,400 $226,500
2020 $4,718 $458,800 $260,000 $198,800
2019 $4,204 $410,300 $242,000 $168,300
2018 $4,272 $370,000 $212,000 $158,000
2017 $3,402 $321,300 $176,000 $145,300
2016 $3,124 $295,500 $156,000 $139,500
2015 $2,975 $264,500 $140,000 $124,500
2013 $2,418 $203,900 $108,000 $95,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1510276

Northwest Multiple Listing Service (NWMLS)

APN: 003727-006-018-05