Listed by Real Broker LLC, Bought with AgencyOne
NOT LISTED FOR SALE

Estimated Value: $602,958 - $675,000

3 Beds
2 Baths
1,804 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $485,000 $269 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,727/month

55 Days on Market

Highlights

  • Territorial View
  • Partially Fenced Property
  • 1-Story Property
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of February 2020

Two Houses, one lot = DUPLEX - Great for owner occupant or investor. Two separate 3 bedroom 1 bath units, recently refreshed. Fenced front yard, back yards as well. 5508 has new water line from meter & new appliances. One side vacant for immediate move in! Long time resident in 5510 desires to stay. Separate electric & water meters, tenants pay everything. Partial mountain views (Seasonal) in convenient and quaint Lowell. Listing agent is part owner. Great for developer due to separate meters!

Last Agent to Sell the Property

Kurt Kreager

Real Broker LLC License #21032790 Listed on: 11/12/2019

Real Broker LLC

Last Buyer's Agent

Casey Klein

AgencyOne License #126371

AgencyOne

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1540244

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Property Views

  • Territorial
  • Limited

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 7 Parking Spaces
  • 1 Covered Space
  • Open Parking

Community Details

  • Lowell Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00500303200200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,698

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1956
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1804
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Partial, Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Sonhomish County PUD
  • SewerCompany: Everett water & sewer
  • WaterCompany: Everett water & sewrer
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00500303200200
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Matrix
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 29182
  • Number Of Units Total: 2
  • Insurance Expense: 862
  • Leasable Area: 1804
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jan 31, 2020
Sold by
Kreager Kurt and Kreager Katherine Marie
Bought by
Plough Jed T and Plough Erin M
Seller's Agent
Kurt Kreager
Real Broker LLC
Buyer's Agent
Casey Klein
AgencyOne
List Price
$546,316
Sold Price
$485,000
Premium/Discount to List
-$61,316
-11.22%
Current Estimated Value
$633,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,490
Avg. Annual Appreciation
4.81%
Original Mortgage
$476,215
Outstanding Balance
$422,771
Interest Rate
3.74%
Mortgage Type
FHA
Estimated Equity
$210,719

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 13, 2012
Sold by
Kreager Kurt
Bought by
Kreager Kurt and Kreager Katherine Marie
Seller's Agent
Lori McArthur
Hallmark Homes NW, LLC
Buyer's Agent
Debbie Campbell
Investors Choice Foreclosures
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 7, 2012
Sold by
Lodahl Laura K
Bought by
Kreager Kurt
Seller's Agent
Lori McArthur
Hallmark Homes NW, LLC
Buyer's Agent
Debbie Campbell
Investors Choice Foreclosures
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%

Purchase Details

Closed on
Mar 19, 2008
Sold by
Lodahl Laura K
Bought by
Lodahl Laura K and Lorene Ramsey Testamentary Trust

Purchase Details

Closed on
Jul 31, 1997
Sold by
Kroeze Kowanda F and Foster James L
Bought by
Storrs Gary R and Storrs Marie C
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
Plough Jed T $485,000 First American Title
Kreager Kurt -- First American Title Ins Co
Kreager Kurt $180,000 First American Title Ins Co
Lodahl Laura K -- None Available
Storrs Gary R $148,000 Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Plough Jed T $476,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/10/2020 02/10/20 Sold $485,000 -2.9% $269 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/12/2019 12/12/19 Price Changed $499,316 -5.1% $277 / Sq Ft
11/26/2019 11/26/19 Price Changed $526,316 -3.7% $292 / Sq Ft
11/12/2019 11/12/19 For Sale $546,316 +203.5% $303 / Sq Ft
03/14/2012 03/14/12 Sold $180,000 -2.7% $100 / Sq Ft View Prior Sale
02/28/2012 02/28/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $185,000 -- $103 / 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 $4,413 $538,500 $325,500 $213,000
2024 $4,413 $512,700 $299,700 $213,000
2023 $4,662 $566,500 $308,700 $257,800
2022 $3,714 $404,800 $186,200 $218,600
2020 $4,085 $363,200 $169,200 $194,000
2019 $3,698 $330,900 $140,300 $190,600
2018 $3,681 $302,000 $131,800 $170,200
2017 $2,605 $212,800 $101,200 $111,600
2016 $2,219 $190,500 $83,300 $107,200
2015 $2,121 $171,500 $72,300 $99,200
2013 $2,123 $151,500 $55,300 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1540244

Northwest Multiple Listing Service (NWMLS)

APN: 005003-032-002-00