NOT LISTED FOR SALE

5024 81st Place SW Unit 1-4 Mukilteo, WA 98275

Estimated Value: $1,179,882 - $1,241,000

10 Beds
4 Baths
5,304 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 05, 2024

Last sale price $1,200,000 $226 Per Sq Ft

Current estimated payment $7,579/month

7 Days on Market

Highlights

  • Deck
  • Territorial View
  • Patio
  • Mukilteo Elementary School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of July 2024

Excellent opportunity to own a 4-Plex in Mukilteo. Solid building with 50-year roof for ease of maintenance. Exterior in great condition. Interior needs remodeling. Each unit features its own Washer/Dryer hook up and 2 dedicated wide parking spots. Separated utilities for each unit provides ease of property management. Nice neighborhood, top schools and premier location. Easy access to Boeing, Harbour Point golf course, shops and entertainment.

Last Agent to Sell the Property

Charles Doepp

RE/MAX Northwest License #107507 Listed on: 06/12/2024

RE/MAX Northwest

Co-Listed By

Richard Bergdahl

RE/MAX Northwest License #6676

Last Buyer's Agent

Dana Curry

Cascade Realty, Inc. License #22010197

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2251105

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,128

Year Built

  • Built in 1976

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 5,304 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Erickson Manor Condos
  • Mukilteo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00651500000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,128

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Erickson Manor
  • New Construction: No
  • CalculatedSquareFootage: 5304
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Sno County PUD
  • SewerCompany: Mukilteo Water and Wastewater District
  • WaterCompany: Mukilteo Water District
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00651500000900
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2024

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 5304
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Mukilteo Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 2, 2024
Sold by
Hollow Sharon Marie and Whiteside Debra J
Bought by
Custodio Luis and Custodio Desiree
Seller's Agent
Charles Doepp
RE/MAX Northwest
Buyer's Agent
Dana Curry
Cascade Realty, Inc.
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Total Days on Market
7
Views
34
Current Estimated Value
$1,205,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,471
Avg. Annual Appreciation
0.48%

Purchase Details

Closed on
Apr 18, 1996
Sold by
Eide George and Eide Kirsten L
Bought by
Eide George and Eide Kirsten L
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
Custodio Luis $1,200,000 First American Title
Eide George -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $1,200,000 -19.9% $226 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $1,499,000 -- $283 / 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 $10,128 $1,200,000 $382,700 $817,300
2024 $10,128 $1,362,000 $372,000 $990,000
2023 $9,577 $1,329,000 $372,000 $957,000
2022 $9,795 $1,166,000 $337,600 $828,400
2020 $5,859 $700,000 $337,600 $362,400
2019 $5,839 $712,000 $213,800 $498,200
2018 $6,604 $700,000 $291,700 $408,300
2017 $5,194 $570,000 $149,000 $421,000
2016 $4,865 $530,000 $144,000 $386,000
2015 $5,197 $510,000 $140,000 $370,000
2013 $5,310 $490,000 $155,000 $335,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2251105

Northwest Multiple Listing Service (NWMLS)

APN: 006515-000-009-00