NOT LISTED FOR SALE

Estimated Value: $854,000 - $946,030

4 Beds
4 Baths
2,226 Sq Ft
$413/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $540,000 $243 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,641/month

26 Days on Market

Highlights

  • Patio
  • High Speed Internet
  • Wood Siding
  • Harbour Pointe Middle School Rated A-
  • Partially Fenced Property

About This Home

As of July 2018

Long time owners are offering up this solid duplex. Fabulous Picnic Point location. The home-site features tall evergreens & colorful plantings. Cedar siding, composition roofing, covered patios, fenced yard & additional parking. Nice floor plan. Attractive kitchens w/pantry, dining w/sliding door to back yard, big living rms, main flr. 5 bath & full size laundry rm. Upper level 2 bd/1 full bath. Great for owner occupancy or rental income. Mukilteo schools. Close to schools, beaches & highways.

Last Listed By

James Pauley

The Preview Group License #40728 Listed on: 04/25/2018

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1280541

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 166
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Picnic Point Elementary School
  • Harbour Pointe Mid Middle School
  • Kamiak High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Serene Acres Condos
  • Picnic Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00569000000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,272

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Serene Acres
  • New Construction: No
  • CalculatedSquareFootage: 2226
  • Special Features: None
  • Cumulative Days on Market: 283

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 1800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo
  • High School: Kamiak High
  • Middle Or Junior School: Harbour Pointe Mid

Lot Info

  • Parcel Number: 00569000000500
  • Lot Size Acres: 0.28
  • Lot Size: 75 x 166
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 1869

Multi Family

  • Gross Scheduled Income: 29400
  • Net Operating Income: 20958
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2726
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4272

MLS Schools

  • Elementary School: Picnic Point Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Mkrtchyan Sergey and Mkrtchyan Justine
Bought by
Steinruck Evan and Steinruck Jessica
Total Days on Market
26
Current Estimated Value
$919,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$560,870
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$371,943

Purchase Details

Listed on
Apr 25, 2018
Closed on
Jun 27, 2018
Sold by
Castillo Phillip G and Castillo Faith I
Bought by
Mkrtchyan Sergey and Mkrtchyan Justine
Seller's Agent
James Pauley
The Preview Group
Buyer's Agent
Chris Rudd
Kelly Right RE of Seattle LLC
List Price
$559,000
Sold Price
$540,000
Premium/Discount to List
-$19,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$530,219
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 6, 2002
Sold by
Castillo Irmgard
Bought by
Castillo Philip G and Castillo Faith I

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
Steinruck Evan $720,000 Stewart Title
Mkrtchyan Sergey $540,000 Old Republic Title Ltd
Castillo Philip G -- Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinruck Evan $612,000
Previous Owner Mkrtchyan Sergey $536,600
Previous Owner Mkrtchyan Sergey $530,219
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Sold $540,000 -3.4% $243 / Sq Ft
06/13/2018 06/13/18 For Sale $559,000 0.0% $251 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
05/11/2018 05/11/18 Price Changed $559,000 -2.8% $251 / Sq Ft
04/25/2018 04/25/18 For Sale $575,000 -- $258 / 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 $6,520 $746,600 $437,000 $309,600
2024 $6,520 $756,400 $446,800 $309,600
2023 $6,532 $792,500 $451,600 $340,900
2022 $5,904 $604,500 $311,400 $293,100
2020 $5,087 $505,400 $251,800 $253,600
2019 $4,159 $410,500 $236,500 $174,000
2018 $4,273 $368,400 $204,900 $163,500
2017 $3,812 $334,700 $185,000 $149,700
2016 $3,571 $310,400 $167,000 $143,400
2015 $3,481 $276,600 $146,300 $130,300
2013 $3,396 $253,100 $110,200 $142,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1280541

Northwest Multiple Listing Service (NWMLS)

APN: 005690-000-005-00