Listed by The Agency Seattle, Bought with L. Dankers Real Estate Group
NOT LISTED FOR SALE

429 Sprague St Edmonds, WA 98020

Downtown Edmonds Neighborhood

Estimated Value: $1,224,000 - $1,627,000

5 Beds
4 Baths
2,460 Sq Ft
$576/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $900,000 $366 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,131/month

6 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • Wood Siding
  • 1-minute walk to Civic Field

About This Home

As of November 2018

Located in the heart of downtown Edmonds, this is a once in a lifetime opportunity to own your very own triplex. This building features two 2 bedroom units and one single bedroom unit. Located only blocks away from Main Street, the Edmonds Summer Market, restaurants, shopping and the Puget Sound. This property is zone RM 1.5 and has good potential for future redevelopment. Wonderful access for public transit & ferry. Under market rents with great potential.

Last Agent to Sell the Property

Jean Sittauer

The Agency Seattle License #47222 Listed on: 10/30/2018

The Agency Seattle

Co-Listed By

Eric Gouge

The Agency Seattle License #26449

Last Buyer's Agent

Christine Fitzmaurice

L. Dankers Real Estate Group License #101983

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1378943

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1901

Lot Details

  • 6,534

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • 6,534 Sq Ft Lot

Community Details

  • Edmonds Bowl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434202501600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,477

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1901
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2460
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 352

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 504

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00434202501600
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 3075

Multi Family

  • Gross Scheduled Income: 36900
  • Net Operating Income: 28556
  • Number Of Units Total: 3
  • Insurance Expense: 1353
  • Leasable Area: 2460
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 33

Tax Info

  • Year: 2018
  • Tax Annual Amount: 6477

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 27, 2018
Sold by
Reeb Achim
Bought by
Reeb Hannelore
Seller's Agent
Jean Sittauer
The Agency Seattle
Buyer's Agent
Christine Fitzmaurice
L. Dankers Real Estate Group
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%
Current Estimated Value
$1,416,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,972
Avg. Annual Appreciation
5.79%

Purchase Details

Listed on
Oct 30, 2018
Closed on
Nov 26, 2018
Sold by
Franklin Gary J and Franklin Scott L
Bought by
Reeb Hannelore Kathrine
Seller's Agent
Jean Sittauer
The Agency Seattle
Buyer's Agent
Christine Fitzmaurice
L. Dankers Real Estate Group
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%

Purchase Details

Closed on
Sep 20, 2018
Sold by
Franklin Gary J and Franklin Scott L
Bought by
Franklin Gary J and Franklin Scott L

Purchase Details

Closed on
Sep 20, 2017
Sold by
Franklin Gary J and Franklin Scott L
Bought by
Franklin Gary J and Franklin Scott L

Purchase Details

Closed on
Nov 1, 2016
Sold by
Franklin Carol A
Bought by
Franklin Lawrence F
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
Reeb Hannelore -- Rainier Title
Reeb Hannelore Kathrine $900,000 Rainier Title
Franklin Gary J -- Rainier Title
Franklin Gary J -- None Available
Franklin Lawrence F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $900,000 +2.3% $366 / Sq Ft
11/05/2018 11/05/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $880,000 -- $358 / 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 $7,334 $1,075,600 $775,800 $299,800
2024 $7,334 $1,030,800 $731,000 $299,800
2023 $6,896 $1,004,300 $731,000 $273,300
2022 $6,760 $809,400 $568,800 $240,600
2020 $6,898 $738,700 $468,800 $269,900
2019 $6,250 $674,200 $467,000 $207,200
2018 $6,477 $603,600 $424,100 $179,500
2017 $5,158 $503,000 $353,100 $149,900
2016 $4,958 $479,000 $282,200 $196,800
2015 $5,068 $461,000 $260,700 $200,300
2013 $5,263 $451,500 $290,400 $161,100
Source: Public Records

Agents Affiliated with this Home

  • Jean Sittauer

    Seller's Agent in 2018

    Jean Sittauer

    The Agency Seattle

    (425) 478-7712

    11 in this area

    91 Total Sales

    Section Image
  • Eric Gouge

    Seller Co-Listing Agent in 2018

    Eric Gouge

    The Agency Seattle

    (425) 530-8534

    5 in this area

    99 Total Sales

    Section Image

  • C

    Buyer's Agent in 2018

    Christine Fitzmaurice

    L. Dankers Real Estate Group

    (206) 285-2333

    2 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1378943

Northwest Multiple Listing Service (NWMLS)

APN: 004342-025-016-00

Washington Snohomish County Edmonds 98020 Downtown Edmonds

429 Sprague St, Edmonds, WA

This home is located at 429 Sprague St, Edmonds, WA 98020 since 30 October 2018 and is currently estimated at $1,416,972, approximately $576 per square foot. This property was built in 1901. 429 Sprague St is a home located in Snohomish County with nearby schools including Edmonds Elementary School, College Place Middle School, and Edmonds Woodway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes