Listed by Keller Williams Realty Bothell, Bought with John L. Scott Snohomish
NOT LISTED FOR SALE

Estimated Value: $653,712

Studio
1 Bath
-- Sq Ft
4,791 Sq Ft Lot

Last Sold May 22, 2024

Last sale price $657,500

Est. 1% decrease in value since last sale

Current estimated payment $3,786/month

21 Days on Market

Highlights

  • Deck
  • Patio
  • High Speed Internet
  • No HOA
  • Baseboard Heating

About This Home

As of May 2024

ATTENTION Owner Occupied or NOO Investors - 6.68% CAP RATE! This is a Commercial Building (Former Hair Salon) with B-2 zoning in the Lowell Neighborhood that is now a Non-Conforming Triplex an FHA ASSUMABLE LOAN w/ 2.75% INTEREST!!! 3 bedroom unit upstairs w/ laundry has been renovated and will be vacant on 4/30 for an immediate opportunity to increase rent/income and owner occupy or choose your tenant! There are two 1 bedroom units on the lower level + shared laundry for those two units. Future use could include your business with great storefront space on ground level and ample parking. Commuters dream with easy access to public transit, I-5, Hwy 9, & Boeing. Just down the street from Lowell Riverfront Trail and Parks!

Last Agent to Sell the Property

Katie Silver

Keller Williams Realty Bothell License #112030 Listed on: 04/05/2024

Keller Williams Realty Bothell

Last Buyer's Agent

Joey Duwe

John L. Scott Snohomish License #133171

John L. Scott Snohomish

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2219558

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,299

Year Built

  • Built in 1922

Lot Details

  • 4,791

Home Design

  • Triplex
  • Composition Roof
  • Vinyl Construction Material

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

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

Additional Features

  • 2-Story Property
  • 4,791 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Lowell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00500301800201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,299

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1922
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00500301800201
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4475

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4299

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1894
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 17, 2024
Sold by
Darnell David
Bought by
Espinosa Britt Larson and Espinosa Karesa Alyse
Seller's Agent
Katie Silver
Keller Williams Realty Bothell
Buyer's Agent
Joey Duwe
John L. Scott Snohomish
List Price
$650,000
Sold Price
$657,500
Premium/Discount to List
$7,500
1.15%
Views
17
Current Estimated Value
$653,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,788
Avg. Annual Appreciation
-0.35%
Original Mortgage
$493,125
Outstanding Balance
$486,210
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$167,502

Purchase Details

Listed on
Mar 17, 2020
Closed on
Jun 22, 2020
Sold by
Ren Kyle K and Ren Kim A
Bought by
Darnell David
Seller's Agent
Jessica Jordan
KW Everett
Buyer's Agent
Katie Silver
Keller Williams Realty Bothell
List Price
$499,000
Sold Price
$495,000
Premium/Discount to List
-$4,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$478,275
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2007
Sold by
Dudder Joyce M
Bought by
Sturlaugson Matthew J and Sturlaugson Tiffany D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 2004
Sold by
Cameron John M and Cameron Christine K
Bought by
Dudder Joyce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,979
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2002
Sold by
Heidel Edward G
Bought by
Cameron John M and Cameron Christine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
6.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2001
Sold by
Keffeler Roderick J and Keffeler Kecia L
Bought by
Cameron John M and Cameron Christine K

Purchase Details

Closed on
Jun 5, 2001
Sold by
Malarz Ty and Malarz Shellie
Bought by
Keffeler Roderick and Keffeler Kecia L

Purchase Details

Closed on
Aug 1, 2000
Sold by
Keffeler Roderick J and Keffeler Kecia L
Bought by
Malarz Ty and Malarz Shellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
9.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 1999
Sold by
Hunsinger Barbara K
Bought by
Keffeler Roderick J and Keffeler Kecia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Espinosa Britt Larson $657,500 Wfg National Title
Darnell David $495,000 Chicago Title
Sturlaugson Matthew J $290,000 Pnwt
Dudder Joyce M $249,977 Pnwt
Cameron John M $72,130 --
Cameron John M $211,351 --
Keffeler Roderick -- --
Malarz Ty $195,000 --
Keffeler Roderick J $96,000 Charter Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Britt Larson $493,125
Previous Owner Darnell David $478,275
Previous Owner Sturlaugson Matthew J $232,000
Previous Owner Dudder Joyce M $224,979
Previous Owner Cameron John M $185,600
Previous Owner Malarz Ty $146,250
Previous Owner Keffeler Roderick J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $657,500 +1.2% --
04/26/2024 04/26/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $650,000 +31.3% --
06/24/2020 06/24/20 Sold $495,000 -0.8% $238 / Sq Ft View Prior Sale
05/19/2020 05/19/20 For Sale $499,000 0.0% $240 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $499,000 0.0% $240 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $499,000 -- $240 / 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 $4,806 $552,400 $236,300 $316,100
2024 $4,806 $558,500 $227,700 $330,800
2023 $4,299 $522,300 $222,000 $300,300
2022 $4,207 $458,600 $210,500 $248,100
2020 $3,656 $325,000 $204,700 $120,300
2019 $3,066 $274,300 $141,200 $133,100
2018 $3,540 $290,400 $128,300 $162,100
2017 $3,047 $249,000 $128,300 $120,700
2016 $2,736 $235,000 $128,300 $106,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2219558

Northwest Multiple Listing Service (NWMLS)

APN: 005003-018-002-01