Listed by Windermere RE North, Inc., Bought with COMPASS
$995,000
SOLD AUG 19, 2025
6 Beds
6 Baths
3,600 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$276 Per Sq Ft

5 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Partially Fenced Property
  • Patio
  • Baseboard Heating

About This Home

As of August 2025

Fantastic Investment Opportunity in Prime Lynnwood Location! This well-maintained triplex offers (3) spacious 2-bedroom, 1.5-bath townhome style units- perfect for owner-occupants or investors. Roof is 3 years old. 1 unit has been remodeled w/brand new kitchen cabinets, counters, appliances, new flooring & New bathroom cabinets + fixtures. Each unit features: Two large upstairs bedrooms, Full bath on the upper level, convenient half bath on the main + spacious kitchen/dining room & living room. Private, partially fenced yards. 2 dedicated parking spaces per unit. Located minutes from the new Lynnwood Light Rail station, major shopping centers, I-5, & top-rated schools, this is a chance to own a quality property in a rapidly growing area.

Last Agent to Sell the Property

Lande Team Real Estate

Windermere RE North, Inc. License #92989 Listed on: 07/11/2025

Windermere RE North, Inc.

Last Buyer's Agent

Jonny Tat

COMPASS License #22011398

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2406705

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,415

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Stone Siding
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Cedar Vly Community Elementary School
  • Alderwood Mid Middle School
  • Lynnwood High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Lynnwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563600100602

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,415

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1972
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3600
  • Special Features: VirtualTour
  • Cumulative Days on Market: 12

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl, Stone
  • Exterior Features: Metal/Vinyl, Stone
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Lynnwood
  • WaterCompany: City of Lynnwood
  • WaterSewerGarbage: 5373.6

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Not Applicable
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Edmonds
  • High School: Lynnwood High
  • Middle Or Junior School: Alderwood Mid

Lot Info

  • Parcel Number: 00563600100602
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.59
  • LeasedItems: None
  • TotalMonthlyIncome: 5550

Multi Family

  • Gross Scheduled Income: 59968
  • Net Operating Income: 43590
  • Number Of Units Total: 3
  • Insurance Expense: 1589.37
  • Leasable Area: 3600
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6415

MLS Schools

  • Elementary School: Cedar Vly Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2006
Sold by
Ranney Richard A and Ranney Karen E
Bought by
Hu Jian and Hu Huimin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,250
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 29, 2001
Sold by
Denoma Michael L and Denoma Carlene M
Bought by
Ranney Richard A and Ranney Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $407,000 Pnwt
Warranty Deed $270,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $287,000 New Conventional
Closed $305,000 Unknown
Closed $305,250 Fannie Mae Freddie Mac
Previous Owner $265,828 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $995,000 0.0% $276 / Sq Ft
07/16/2025 07/16/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $995,000 -- $276 / 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 $5,959 $803,000 $340,000 $463,000
2024 $5,959 $766,100 $340,000 $426,100
2023 $5,540 $739,500 $335,000 $404,500
2022 $5,455 $597,000 $318,000 $279,000
2020 $5,213 $507,000 $275,000 $232,000
2019 $4,722 $461,000 $188,000 $273,000
2018 $4,929 $427,000 $164,000 $263,000
2017 $4,265 $403,000 $159,000 $244,000
2016 $3,837 $363,000 $136,000 $227,000
2015 $3,643 $324,000 $116,000 $208,000
2013 $3,568 $301,000 $116,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2406705

Northwest Multiple Listing Service (NWMLS)

APN: 005636-001-006-02