NOT LISTED FOR SALE

4908 88th St SW Mukilteo, WA 98275

Estimated Value: $1,062,000 - $1,343,000

4 Beds
4 Baths
3,032 Sq Ft
$387/Sq Ft Est. Value

Last Sold October 31, 2012

Last sale price $350,000 $115 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $7,054/month

24 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Wood Siding
  • Harbour Pointe Middle School Rated A-
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of October 2012

Excellent opportunity to purchase this one-level 4-Plex in Mukilteo. Each unit features a well laid out floor plan with 2 ample size bedrooms and inside laundry. Each unit looks out to a well-cared for residential lot. Sufficient parking space plus storage area. Rental income is below market value due to long-term tenancy. Interior viewing will be arranged upon Listing Broker being in receipt of offer and EM. Subject to tenant rights. Strictly AS-IS sale. Sale subject to Court Approval.

Last Agent to Sell the Property

Mary Ong

RE/MAX Northwest License #25032 Listed on: 09/20/2012

RE/MAX Northwest

Co-Listed By

Jerry Martin

RE/MAX Northwest License #2118

Last Buyer's Agent

Jo Ann Piispanen

John L. Scott Everett License #27414

John L. Scott Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 407150

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,388

Year Built

  • Built in 1963

Lot Details

  • 0.37 Acre Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,032 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Mukilteo Elementary School
  • Olympic View Mid Middle School
  • Kamiak High School

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • West & Wheeler Seaview Condos
  • Mukilteo Subdivision

Listing and Financial Details

  • Legal Lot and Block 137 / 000 D-03
  • Assessor Parcel Number 00611600013703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,388

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1963
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: West & Wheeler Seaview
  • CalculatedSquareFootage: 3032
  • SOCComments: Commission is subject to court approval.
  • Special Features: None
  • Cumulative Days on Market: 315

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Snohomish Co PUD
  • SewerCompany: Mukilteo Water/Sewer
  • WaterCompany: Mukilteo Water/Sewer
  • WaterSewerGarbage: 5500

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo
  • High School: Kamiak High
  • Middle Or Junior School: Olympic View Mid

Lot Info

  • Parcel Number: 00611600013703
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,RV Parking
  • ZoningClass: Residential
  • LotNumber: 137

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 8312
  • Number Of Units Total: 4
  • Insurance Expense: 2000
  • Leasable Area: 3032
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3388

MLS Schools

  • Elementary School: Mukilteo Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2012
Closed on
Oct 29, 2012
Sold by
Mccallen & Sons Inc and Mason Lloyd V
Bought by
Dang Tam C and Cho Dokhee
Seller's Agent
Mary Ong
RE/MAX Northwest
Buyer's Agent
Jo Ann Piispanen
John L. Scott Everett
List Price
$295,000
Sold Price
$350,000
Premium/Discount to List
$55,000
18.64%
Current Estimated Value
$1,172,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$822,513
Avg. Annual Appreciation
9.21%
Original Mortgage
$250,000
Interest Rate
2.72%
Mortgage Type
New Conventional
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
Dang Tam C -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Tam C $362,000
Previous Owner Dang Tam C $250,000
Previous Owner Mason Lloyd $2,492,996
Previous Owner Mason Lloyd $248,838
Previous Owner Mason Lloyd $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $350,000 +18.6% $115 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $295,000 -- $97 / 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 $6,272 $843,000 $393,800 $449,200
2024 $6,272 $843,000 $382,500 $460,500
2023 $5,927 $822,000 $382,500 $439,500
2022 $5,573 $663,000 $342,000 $321,000
2020 $5,274 $630,000 $342,000 $288,000
2019 $4,463 $544,000 $211,500 $332,500
2018 $4,436 $470,000 $288,000 $182,000
2017 $3,574 $392,000 $147,600 $244,400
2016 $3,489 $380,000 $142,200 $237,800
2015 $3,344 $328,000 $138,600 $189,400
2013 $3,253 $300,000 $153,900 $146,100
Source: Public Records

Agents Affiliated with this Home

  • Mary Ong

    Seller's Agent in 2012

    Mary Ong

    RE/MAX

    (425) 442-0303

    27 Total Sales

    Mary Ong
    Section Image
  • Jerry Martin

    Seller Co-Listing Agent in 2012

    Jerry Martin

    RE/MAX

    6 Total Sales

    Jerry Martin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 407150

Northwest Multiple Listing Service (NWMLS)

APN: 006116-000-137-03

Washington Snohomish County Mukilteo 98275

4908 88th St SW, Mukilteo, WA

This home is located at 4908 88th St SW, Mukilteo, WA 98275 since 20 September 2012 and is currently estimated at $1,172,513, approximately $386 per square foot. This property was built in 1963. 4908 88th St SW is a home located in Snohomish County with nearby schools including Columbia Elementary School, Harbour Pointe Middle School, and Kamiak 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

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