Listed by John L. Scott Snohomish, Bought with Coldwell Banker Danforth
NOT LISTED FOR SALE

514 Glen Ave Unit A & B Snohomish, WA 98290

Estimated Value: $884,000 - $1,119,000

6 Beds
5 Baths
3,046 Sq Ft
$312/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $490,000 $161 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,581/month

3 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Wall to Wall Carpet
  • Secluded Lot
  • Wood Siding

About This Home

As of March 2017

Rare opportunity to own this spacious townhouse style duplex in the heart of Snohomish. Both units offer 3 Bed 2.5 bath, 2 car garages, washer/dryer and have been completely updated to maximize rental income, as well as occupancy rates. Location, location, location!

Last Agent to Sell the Property

Mark Gallagher

John L. Scott Snohomish License #86631 Listed on: 02/25/2017

John L. Scott Snohomish

Last Buyer's Agent

Stephen Udy

Coldwell Banker Danforth License #15922

Coldwell Banker Danforth

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1082717

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1997

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Secluded Lot
  • Property is in good condition

Home Design

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

Interior Spaces

  • 3,046 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Snohomish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00867500000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,676

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3046
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Go Sell!
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • 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: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: Snohomish County PUD
  • WaterCompany: City Of Snohomish
  • WaterSewerGarbage: 400

Schools

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

Lot Info

  • Parcel Number: 00867500000500
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4676

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 3046
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

MLS Schools

  • Elementary School: Emerson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2017
Closed on
Mar 20, 2017
Sold by
Prentice Nathan N and Prentice Julie Charleen
Bought by
Salman Milena and Salman Borislav
Seller's Agent
Mark Gallagher
John L. Scott Snohomish
Buyer's Agent
Stephen Udy
Coldwell Banker Danforth
List Price
$479,950
Sold Price
$490,000
Premium/Discount to List
$10,050
2.09%
Current Estimated Value
$951,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,479
Avg. Annual Appreciation
8.05%
Original Mortgage
$367,500
Outstanding Balance
$182,026
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$769,453

Purchase Details

Closed on
Aug 20, 2013
Sold by
Sanders Peter J and Sanders Nancy C
Bought by
Prentice Nathan N and Prentice Julie Charleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1997
Sold by
Dorrah Loren W
Bought by
Sanders Peter J and Sanders Nancy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,950
Interest Rate
7.61%
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
Salman Milena $490,000 Chicago Title
Prentice Nathan N $330,000 First American Title Ins Co
Sanders Peter J $279,995 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salman Milena $367,500
Previous Owner Prentice Nathan N $247,500
Previous Owner Sanders Peter J $251,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $490,000 +2.1% $161 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/25/2017 02/25/17 For Sale $479,950 -- $158 / 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 $6,606 $748,100 $400,000 $348,100
2024 $6,606 $679,200 $360,000 $319,200
2023 $6,626 $755,300 $390,000 $365,300
2022 $7,728 $716,100 $271,000 $445,100
2020 $6,575 $566,200 $216,000 $350,200
2019 $5,845 $513,700 $200,000 $313,700
2018 $5,852 $430,600 $180,000 $250,600
2017 $5,124 $384,300 $155,000 $229,300
2016 $4,676 $339,900 $128,000 $211,900
2015 $4,975 $346,300 $110,000 $236,300
2013 $3,738 $252,600 $70,000 $182,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1082717

Northwest Multiple Listing Service (NWMLS)

APN: 008675-000-005-00