Listed by Snohomish Properties, Bought with Windermere RE Magnolia
NOT LISTED FOR SALE

509 Avenue C Unit 3 Snohomish, WA 98290

Estimated Value: $575,000 - $676,000

3 Beds
3 Baths
1,512 Sq Ft
$423/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $320,000 $212 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,767/month

723 Days on Market

Highlights

  • City View
  • Property is in very good condition
  • Wood Siding
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of March 2017

Recently refurbished triplex. Easy to rent and fully rented. Two covered parking spaces off the alley. Very small yard for easy maintenance. Coin operated laundry in separate laundry room. All units are heated with natural gas wall heaters. All windows have updated vinyl windows. Each unit has a separate bedroom and separate full bath. Property is located close to bus lines and grocery shopping and restaurants. This property is located in a very desirable location. A great investment.

Last Agent to Sell the Property

Arnie Hansen

Snohomish Properties License #11510 Listed on: 02/13/2015

Last Buyer's Agent

Patty Groesbeck

Windermere RE Magnolia License #8131

Windermere RE Magnolia

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 744720

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1952

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Parking

  • 2 Parking Spaces

Property Views

  • City
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Schools

  • Central Elementary School
  • Centennial Mid Middle School
  • Snohomish High School

Utilities

  • Cable TV Available

Community Details

  • E.C. Ferguson's 4Th Ad Condos
  • In Town Snohomish Subdivision

Listing and Financial Details

  • Legal Lot and Block 28 & N. 3ft of Lot 29 / 2
  • Assessor Parcel Number 00444300202800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,591

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1952
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: E.C. Ferguson's 4th Ad
  • New Construction: No
  • CalculatedSquareFootage: 1512
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • PowerCompany: Sno Co PUD
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 2176

Fee Information

  • Annual Fuel Expense: 300

Schools

  • Junior High Dist: Snohomish
  • High School: Snohomish High
  • Middle Or Junior School: Centennial Mid

Lot Info

  • Parcel Number: 00444300202800
  • Lot Size Acres: 0.1
  • Lot Size: Rectangular
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Snohomish County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 28 & N. 3ft of Lot 29

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Multi Family

  • Gross Scheduled Income: 27600
  • Net Operating Income: 19454
  • Number Of Units Total: 3
  • Electric Expense: 300
  • Insurance Expense: 800
  • Leasable Area: 1512
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 2591

MLS Schools

  • Elementary School: Central Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2015
Closed on
Mar 29, 2017
Sold by
Boundy Jennifer
Bought by
Boundy Jared
Seller's Agent
Arnie Hansen
Snohomish Properties
Buyer's Agent
Patty Groesbeck
Windermere RE Magnolia
List Price
$334,950
Sold Price
$320,000
Premium/Discount to List
-$14,950
-4.46%
Current Estimated Value
$640,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,174
Avg. Annual Appreciation
8.42%
Original Mortgage
$192,000
Outstanding Balance
$159,510
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$480,664

Purchase Details

Closed on
Feb 8, 2000
Sold by
Walton Patricia
Bought by
Hansen Arnold C and Hansen Marilyn J
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
Boundy Jared -- Ticor Title
Boundy Jared R $320,000 Ticor Title Company
Hansen Arnold C $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boundy Jared $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $320,000 -4.5% $212 / Sq Ft
02/11/2017 02/11/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $334,950 -10.7% $222 / Sq Ft
10/22/2016 10/22/16 Pending -- -- --
02/18/2015 02/18/15 For Sale $375,000 -- $248 / 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 $4,590 $511,600 $370,000 $141,600
2024 $4,590 $471,600 $330,000 $141,600
2023 $4,541 $517,200 $360,000 $157,200
2022 $4,846 $448,700 $260,000 $188,700
2020 $4,266 $367,100 $200,000 $167,100
2019 $3,976 $349,200 $185,000 $164,200
2018 $4,100 $301,500 $155,000 $146,500
2017 $3,730 $279,600 $145,000 $134,600
2016 $2,870 $208,500 $115,000 $93,500
2015 $2,735 $190,200 $99,000 $91,200
2013 $2,395 $161,700 $64,000 $97,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 744720

Northwest Multiple Listing Service (NWMLS)

APN: 004443-002-028-00