Listed by HomeSmart One Realty, Bought with John L. Scott Bellingham
NOT LISTED FOR SALE

517 Gardner Rd Burlington, WA 98233

Estimated Value: $513,094 - $597,000

4 Beds
1 Bath
-- Sq Ft
0.3 Acres

Last Sold June 21, 2021

Last sale price $495,000

Est. 9% increase in value since last sale

Current estimated payment $3,253/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Partially Fenced Property
  • 1-Story Property
  • Property is in very good condition
  • Wood Siding

About This Home

As of June 2021

Great Investment opportunity in Burlington with solid rent history and great income. Two bedroom, one bath, one car garage in each unit. Well maintained duplex with recent upgrades including flooring, interior paint, lighting, window coverings, garage painting and a new roof. Great location near schools, shopping and so much recreation. Hard to find one like this in Skagit!

Last Agent to Sell the Property

Kenneth Sides

HomeSmart One Realty License #114921 Listed on: 05/14/2021

HomeSmart One Realty

Last Buyer's Agent

Brianna Robbins

John L. Scott Bellingham License #12673

John L. Scott Bellingham

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1773993

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1979

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • Burlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number P62382

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,978

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 360

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: City of Burlington
  • WaterSewerGarbage: 1320

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Burlington
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: P62382
  • Lot Size Acres: 0.2969
  • Lot Size Sq Ft: 12935
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,RV Parking
  • MLSLotSizeSource: County records
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2870

Multi Family

  • Gross Scheduled Income: 34440
  • Net Operating Income: 29514
  • Number Of Units Total: 2
  • Insurance Expense: 588
  • Leasable Area: 1776
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2978

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 16, 2021
Sold by
Noaker Michael and Noaker Toni
Bought by
Root Daniel and Root Michelle
Seller's Agent
Kenneth Sides
HomeSmart One Realty
Buyer's Agent
Brianna Robbins
John L. Scott Bellingham
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%
Current Estimated Value
$540,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,774
Avg. Annual Appreciation
2.44%
Original Mortgage
$332,500
Outstanding Balance
$304,296
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$243,363

Purchase Details

Closed on
May 29, 2019
Sold by
Benjamin Debra K
Bought by
Noaker Michael and Noaker Toni

Purchase Details

Closed on
May 5, 2016
Sold by
Burden Ronald and Burden Irene F
Bought by
Seas Holding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2006
Sold by
Seas Holding Llc
Bought by
Benjamin Debra K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Root Daniel $495,000 Chicago Title
Noaker Michael $310,000 Land T&E Of Skagit & Island
Seas Holding Llc $227,500 Guardian Northwest Title
Benjamin Debra K -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Root Daniel $332,500
Previous Owner Benjamin Debra K $155,000
Previous Owner Seas Holding Llc $159,250
Previous Owner Seas Holding Llc $159,250
Previous Owner Burden Ronald W $136,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $495,000 -0.8% --
05/18/2021 05/18/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $499,000 -- --
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
2024 $3,680 $463,100 $248,300 $214,800
2023 $3,680 $444,400 $231,000 $213,400
2022 $3,206 $486,500 $240,300 $246,200
2021 $2,978 $338,400 $148,000 $190,400
2020 $3,002 $291,400 $0 $0
2019 $2,580 $276,500 $0 $0
2018 $2,752 $249,900 $0 $0
2017 $2,620 $207,300 $0 $0
2016 $2,238 $201,800 $85,000 $116,800
2015 $2,150 $184,000 $88,200 $95,800
2013 $2,563 $153,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1773993

Northwest Multiple Listing Service (NWMLS)

APN: P62382