Listed by Agency One NS
NOT LISTED FOR SALE

4528 148th St SW Lynnwood, WA 98087

Estimated Value: $976,000 - $1,104,177

4 Beds
6 Baths
2,986 Sq Ft
$350/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $325,000 $109 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $6,289/month

6 Days on Market

Highlights

  • Open Space
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • High Speed Internet

About This Home

As of November 2012

Fantastic duplex in Lynnwood! This is a money maker! Rent one, and live in the other. Approximate rent is $1350 per month. Unit A has been remodeled this year. New Paint, new carpet, new bathrooms. Two Bedrooms, each has their own bathroom. Add'l half bath on main level. Enjoy cozy family room with fireplace! The back yards are full fenced and HUGE! One car garage on each side, plus plenty of add'l off street parking. Priced to SELL!

Last Agent to Sell the Property

Leah Schulz

Agency One NS License #25053 Listed on: 10/11/2012

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 414199

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1989

Lot Details

  • 0.43 Acre Lot
  • Open Space
  • Property is Fully Fenced
  • Property is in good condition

Home Design

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

Interior Spaces

  • 2,986 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Beverly Elementary School
  • Meadowdale Mid Middle School
  • Meadowdale High School

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Meadowdale Condos
  • Keeler's Corner Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 000D01
  • Assessor Parcel Number 00513700007701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Meadowdale
  • CalculatedSquareFootage: 2986
  • Special Features: None
  • Cumulative Days on Market: 352

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Electric
  • SewerCompany: Snoh County
  • WaterCompany: Snoh County
  • WaterSewerGarbage: 1440

Fee Information

  • Annual Fuel Expense: 1200

Schools

  • Junior High Dist: Edmonds
  • High School: Meadowdale High
  • Middle Or Junior School: Meadowdale Mid

Lot Info

  • Parcel Number: 00513700007701
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18730
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 18
  • LeasedItems: None
  • TotalMonthlyIncome: 1350

Multi Family

  • Gross Scheduled Income: 16200
  • Net Operating Income: 8701
  • Number Of Units Total: 2
  • Electric Expense: 600
  • Insurance Expense: 600
  • Leasable Area: 2986
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3659

MLS Schools

  • Elementary School: Beverly Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2012
Closed on
Nov 13, 2012
Sold by
Kariotoglou Properties Ii Llc
Bought by
Le Hoang
Seller's Agent
Leah Schulz
Agency One NS
List Price
$299,000
Sold Price
$325,000
Premium/Discount to List
$26,000
8.7%
Current Estimated Value
$1,049,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$724,098
Avg. Annual Appreciation
9.80%
Original Mortgage
$314,153
Outstanding Balance
$221,065
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$850,239

Purchase Details

Closed on
Aug 24, 2002
Sold by
Kariotoglou Vasilios and Kariotoglou Ekaterini
Bought by
Kariotoglou Properties Ii Llc

Purchase Details

Closed on
Apr 11, 1997
Sold by
Mus Daniel J and Mus Renee P
Bought by
Mus Daniel J and Mus Renee P

Purchase Details

Closed on
Feb 3, 1994
Sold by
Mus Daniel J
Bought by
Mus Daniel J and Mus Renee P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
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
Le Hoang $325,000 Fidelity National Title
Kariotoglou Properties Ii Llc -- --
Mus Daniel J -- --
Mus Daniel J -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Hoang $314,153
Previous Owner Kariotoglou Christos $150,000
Previous Owner Mus Daniel J $141,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2012 11/16/12 Sold $325,000 +8.7% $109 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $299,000 -- $100 / 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 $6,870 $791,500 $470,300 $321,200
2024 $6,870 $811,600 $442,200 $369,400
2023 $6,861 $847,100 $446,800 $400,300
2022 $6,710 $675,600 $330,600 $345,000
2020 $6,415 $571,400 $278,700 $292,700
2019 $5,751 $508,000 $254,100 $253,900
2018 $6,032 $470,500 $232,000 $238,500
2017 $5,159 $414,800 $194,600 $220,200
2016 $4,718 $379,400 $173,300 $206,100
2015 $4,627 $353,400 $163,100 $190,300
2013 $3,878 $278,900 $126,900 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 414199

Northwest Multiple Listing Service (NWMLS)

APN: 005137-000-077-01