Listed by KW North Sound, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $809,592 - $922,000

8 Beds
6 Baths
2,570 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $815,000 $317 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,187/month

6 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Forced Air Heating System
  • No HOA
  • Patio
  • High Speed Internet

About This Home

As of February 2024

Well-maintained duplex in a great central location in Marysville, only minutes from I-5, bus stops, and local shopping. These are rare 4 bedroom, 2.5 Bathroom units on each side, only shared wall is in the garage, two car garages on each side and plenty of additional parking. Each unit has a primary bed with its own bath and walk-in closet, a large yard, and in-unit laundry. The 4 bedrooms make these units very easy to rent! Great cap rate at 5.8% with room for improvement on rents.

Last Agent to Sell the Property

Amy Wagner

KW North Sound License #24376 Listed on: 01/13/2024

KW North Sound

Co-Listed By

John Blair

KW North Sound License #23035903

Last Buyer's Agent

Steven Armstrong

Skyline Properties, Inc. License #111504

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2191017

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 84x101
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Central Marysville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30052100103100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,218

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2570
  • Special Features: None
  • Cumulative Days on Market: 344

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Marysville
  • WaterCompany: City Of Marysville
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Marysville

Lot Info

  • Parcel Number: 30052100103100
  • Lot Size Acres: 0.19
  • Lot Size: 84x101
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.1
  • LeasedItems: None
  • TotalMonthlyIncome: 4490

Multi Family

  • Gross Scheduled Income: 53880
  • Net Operating Income: 47704
  • Number Of Units Total: 2
  • Insurance Expense: 1958
  • Leasable Area: 2570
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Feb 16, 2024
Sold by
Hansen Michael
Bought by
Pouv Vanteo
Seller's Agent
Amy Wagner
KW North Sound
Buyer's Agent
Steven Armstrong
Skyline Properties, Inc.
List Price
$815,000
Sold Price
$815,000
Views
17
Current Estimated Value
$865,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,145
Avg. Annual Appreciation
3.22%
Original Mortgage
$652,000
Outstanding Balance
$643,706
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$209,918

Purchase Details

Closed on
Jun 20, 2005
Sold by
Great Dane Llc
Bought by
Hansen Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 2002
Sold by
Zueger Jamie L and Loop Jamie L
Bought by
Great Dane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,250
Interest Rate
7.18%
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
Pouv Vanteo $815,000 Chicago Title
Hansen Michael $11,235 Chicago Title
Great Dane Llc $76,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pouv Vanteo $652,000
Previous Owner Innovative Investments Inc $49,950
Previous Owner Hansen Michael $233,322
Previous Owner Innovative Investments Inc $712,510
Previous Owner Hansen Michael $65,000
Previous Owner Hansen Michael $280,000
Previous Owner Great Dane Enterprises Llc $260,800
Previous Owner Great Dane Llc $76,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2024 02/22/24 Sold $815,000 0.0% $317 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $815,000 -- $317 / 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 $5,401 $725,900 $246,600 $479,300
2024 $5,401 $677,800 $215,100 $462,700
2023 $4,218 $705,300 $232,200 $473,100
2022 $5,395 $533,200 $177,300 $355,900
2020 $4,862 $439,500 $142,200 $297,300
2019 $3,631 $396,500 $129,600 $266,900
2018 $4,339 $374,700 $108,900 $265,800
2017 $3,863 $341,100 $92,700 $248,400
2016 $3,481 $295,200 $81,000 $214,200
2015 $3,502 $276,900 $70,200 $206,700
2013 $3,794 $285,600 $53,000 $232,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2191017

Northwest Multiple Listing Service (NWMLS)

APN: 300521-001-031-00