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

Estimated Value: $708,571 - $797,000

4 Beds
2 Baths
1,994 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 11, 2021

Last sale price $670,000 $336 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,515/month

Highlights

  • 0.42 Acre Lot
  • Territorial View
  • High Speed Internet
  • Secluded Lot
  • Patio
  • Partially Fenced Property

About This Home

As of October 2021

This Duplex is ready for an owner occupy investment opportunity! Looking for a place to live and invest? Lower your monthly living expenses while having a tenant help pay your mortgage! Great long term tenant in place whose currently on a month to month lease. Have you dreamed of growing your net worth? Each unit has 2 bedrooms and 1 bathroom. Investors, this duplex has ability for 5.6% cap rate. This well maintained property has been meticulously cared for. This is move in ready. The property is ideally located on a quiet dead end street. Jennings Park is just up the street and close to shopping and YMCA. Throw a ball out in the yard or have a barbeque with friends. Overall Lot is over 18,000 square feet.

Last Agent to Sell the Property

Blake Rehbein

John L. Scott Mill Creek License #123560 Listed on: 09/10/2021

John L. Scott Mill Creek

Last Buyer's Agent

Ryan Pate

Keller Williams Realty Bothell License #21001569

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1837551

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,737

Year Built

  • Built in 1987

Lot Details

  • 0.42 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Marysville Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 30052700202600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,737

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1994
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Septic System, Electric
  • WaterSewerGarbage: 1452

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Marysville

Lot Info

  • Parcel Number: 30052700202600
  • Lot Size Acres: 0.42
  • Lot Size Sq Ft: 18295
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 6
  • LeasedItems: None
  • TotalMonthlyIncome: 1145

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 36321
  • Number Of Units Total: 2
  • Insurance Expense: 690
  • Leasable Area: 1994
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4737

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 7, 2021
Sold by
Kearney Paul L and Kearney Debra D
Bought by
Oluwole Tolulope A and Oluwole Olorunkemi O
Seller's Agent
Blake Rehbein
John L. Scott Mill Creek
Buyer's Agent
Ryan Pate
Keller Williams Realty Bothell
List Price
$650,000
Sold Price
$670,000
Premium/Discount to List
$20,000
3.08%
Current Estimated Value
$754,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,893
Avg. Annual Appreciation
2.26%
Original Mortgage
$502,500
Outstanding Balance
$463,176
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$267,420
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
Oluwole Tolulope A $670,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oluwole Tolulope A $502,500
Previous Owner Kearney Paul L $214,618
Previous Owner Kearney Paul L $222,000
Previous Owner Kearney Paul L $153,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2021 10/11/21 Sold $670,000 +3.1% $336 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $650,000 -- $326 / 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 $4,826 $650,100 $282,000 $368,100
2024 $4,826 $605,500 $246,000 $359,500
2023 $3,839 $641,800 $265,000 $376,800
2022 $4,891 $483,300 $240,000 $243,300
2020 $4,737 $428,200 $194,000 $234,200
2019 $3,536 $386,100 $177,000 $209,100
2018 $4,129 $356,600 $149,000 $207,600
2017 $3,619 $319,600 $127,000 $192,600
2016 $3,274 $277,600 $111,000 $166,600
2015 $3,117 $246,400 $96,000 $150,400
2013 $2,738 $206,000 $65,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1837551

Northwest Multiple Listing Service (NWMLS)

APN: 300527-002-026-00