Listed by Coldwell Banker Danforth, Bought with COMPASS
NOT LISTED FOR SALE

5217 81st Place SW Mukilteo, WA 98275

Estimated Value: $1,325,000 - $1,513,000

9 Beds
6 Baths
4,032 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $1,130,000 $280 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,299/month

12 Days on Market

Highlights

  • Deck
  • Dog Run
  • Partially Fenced Property
  • Mukilteo Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of March 2021

Mukilteo, one of the best locations in the Puget Sound area. Extraordinary housing demand(& shortage)makes this investment a great opportunity. Neighborhhod offers great schools, employment opportunities (Boeing), easy freeway access;A Beach community, the city by the sea. This tri plex is a money maker, or the perfect extended living situation Each home features master suites & baths +2 more bedrooms & full bath & a guest bath. Great floor plan w/ fireplace and full garage. The east end home is vacant for showing purpose-New carpet, new paint, appliances included; Ready for new owner/investor.

Last Agent to Sell the Property

Greg Thody

Coldwell Banker Danforth License #4401 Listed on: 02/02/2021

Coldwell Banker Danforth

Last Buyer's Agent

Daniel Hysa

COMPASS License #138742

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1723110

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,689

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x127
  • Dog Run
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,032 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Halverson Estates Condos
  • Olympus Terrace Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 00708400000800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,689

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1987
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Halverson Estates
  • New Construction: No
  • CalculatedSquareFootage: 4032
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Mukilteo
  • WaterCompany: Mukilteo
  • WaterSewerGarbage: 4020

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00708400000800
  • Lot Size Acres: 0.26
  • Lot Size: 90x127
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Public record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 7080

Multi Family

  • Gross Scheduled Income: 84960
  • Net Operating Income: 70702
  • Number Of Units Total: 3
  • Insurance Expense: 2400
  • Leasable Area: 4032
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4689

MLS Schools

  • Elementary School: Mukilteo Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 5, 2021
Sold by
Hyde John Carroll and Hyde Bonnie Louise
Bought by
Adesope Olusola O and Adesope Tolulope V
Seller's Agent
Greg Thody
Coldwell Banker Danforth
Buyer's Agent
Daniel Hysa
COMPASS
List Price
$1,200,000
Sold Price
$1,130,000
Premium/Discount to List
-$70,000
-5.83%
Current Estimated Value
$1,429,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,914
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Dec 11, 2008
Sold by
Hyde John Carroll and Bonnie Louise Hyde R
Bought by
Hyde John Carroll and Hyde Bonnie Louise

Purchase Details

Closed on
Jul 1, 2005
Sold by
Hyde John C and Hyde Bonnie L
Bought by
Carroll John and Revoca Bonnie Louise Hyde

Purchase Details

Closed on
Mar 7, 2005
Sold by
Sorgen Charles R and Egberding Marlies A
Bought by
Hyde John C and Hyde Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,472
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
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
Adesope Olusola O $1,130,000 Chicago Title Company Of Wa
Hyde John Carroll -- None Available
Carroll John -- --
Hyde John C $459,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyde John C $246,472
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $1,130,000 -5.8% $280 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,200,000 -- $298 / 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 $8,620 $1,159,000 $382,600 $776,400
2024 $8,620 $1,159,000 $371,900 $787,100
2023 $8,152 $1,131,000 $371,900 $759,100
2022 $8,561 $1,019,000 $337,500 $681,500
2020 $4,689 $560,000 $337,500 $222,500
2019 $5,413 $660,000 $213,800 $446,200
2018 $6,227 $660,000 $291,700 $368,300
2017 $4,784 $525,000 $149,000 $376,000
2016 $3,856 $420,000 $144,000 $276,000
2015 $1,988 $390,000 $140,000 $250,000
2013 $3,902 $360,000 $155,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1723110

Northwest Multiple Listing Service (NWMLS)

APN: 007084-000-008-00