Listed by RE/MAX Integrity, Bought with Alpha Realty Group
NOT LISTED FOR SALE

4329 Shelby Rd Unit A & B Lynnwood, WA 98087

Lake Serene Neighborhood

Estimated Value: $1,077,000 - $1,238,000

6 Beds
5 Baths
2,716 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 04, 2017

Last sale price $625,000 $230 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,606/month

7 Days on Market

Highlights

  • Thermal Windows
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Kamiak High School Rated A

About This Home

As of October 2017

Duplex are Two BA townhouse style home 3 bd; 2.5 bth. Each Unit has large 2car garages. Large side and private back yard for each unit. Lower level: kitchen, dining with the slider going to the back yard, Living room with gas Fireplace, laminated floors, Powder room with laundry, pantry. Second Level: Master suit w/ double closets, two other bedrooms and Hall bull bathroom. Very desirable Duplex area close to the beach on Lake Serene, to Boeing. Tenants paid all Utilities.

Last Agent to Sell the Property

Nona Adams

RE/MAX Integrity License #51002 Listed on: 08/14/2017

RE/MAX Integrity

Last Buyer's Agent

Janice Hahn

Alpha Realty Group License #18263

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1177839

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,783

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,716 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • Lake Serene Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00570700200201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,783

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2716
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Based on Net Price
  • Special Features: VirtualTour
  • Cumulative Days on Market: 353

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Post & Pillar
  • 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: FullyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Snohomish PUD
  • SewerCompany: Alderwood Utility District
  • WaterCompany: Alderwood Utility District
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00570700200201
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Disabled Access,Fenced-Partially,Gas Available
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: County
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3850

Multi Family

  • Gross Scheduled Income: 46200
  • Net Operating Income: 40521
  • Number Of Units Total: 2
  • Insurance Expense: 896
  • Leasable Area: 2716
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4783

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2017
Closed on
Sep 25, 2017
Sold by
Gladkikh Denis and Chernysheva Olga
Bought by
Crandall Mun Sun
Seller's Agent
Nona Adams
RE/MAX Integrity
Buyer's Agent
Janice Hahn
Alpha Realty Group
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$1,090,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,146
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Oct 24, 2016
Sold by
Abbas Farhat and Abbas Shabih
Bought by
Gladkikh Denis and Chernysheva Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,250
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Martenson Peter W and Martenson Pamela L
Bought by
Abbas Farhat and Abbas Shabih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
4.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 1999
Sold by
Emerald Custom Homes Inc
Bought by
Martenson Peter W and Martenson Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
7.82%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Cooper Thomas and Cooper Beth Louese
Bought by
Emerald Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.1%
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
Crandall Mun Sun $625,000 Rainier Title
Gladkikh Denis $535,000 Ticor Title
Abbas Farhat $415,000 First American Title Ins Co
Martenson Peter W $285,000 --
Emerald Custom Homes Inc $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gladkikh Denis $401,250
Previous Owner Abbas Farhat $310,500
Previous Owner Abbas Farhat $311,250
Previous Owner Martenson Peter W $185,250
Previous Owner Emerald Custom Homes Inc $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $625,000 -3.8% $230 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $650,000 -- $239 / 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 $7,643 $871,400 $445,900 $425,500
2024 $7,643 $892,900 $455,900 $437,000
2023 $7,703 $941,400 $465,600 $475,800
2022 $7,085 $731,700 $327,800 $403,900
2020 $6,106 $611,900 $265,100 $346,800
2019 $5,445 $545,600 $248,900 $296,700
2018 $5,647 $494,300 $215,700 $278,600
2017 $4,783 $425,900 $205,000 $220,900
2016 $4,493 $396,600 $185,000 $211,600
2015 $4,344 $350,500 $154,000 $196,500
2013 $4,518 $343,400 $116,000 $227,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1177839

Northwest Multiple Listing Service (NWMLS)

APN: 005707-002-002-01