NOT LISTED FOR SALE

Estimated Value: $1,227,000 - $1,655,000

4 Beds
4 Baths
3,473 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $845,000 $243 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,416/month

6 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • 4-minute walk to 7th & Elm Park
  • Edmonds Woodway High School Rated A-
  • Wood Siding

About This Home

As of December 2017

There are very few duplexes in town, so this is an exciting opportunity to become a homeowner & landlord in the Edmonds Bowl! Unit 582 has undergone a complete transformation - beautifully updated kitchen & baths, new stainless appliances, quartz counters, new flooring! Ten foot living room ceilings! New roof & gutters in 2015. Live in one and rent one out, or rent both out - it's completely up to you! Unit 580 has not been updated but is occupied by a long term renter who would love to stay!

Last Agent to Sell the Property

Lynn Kern

Windermere Real Estate GH LLC License #106510 Listed on: 10/02/2017

Windermere Real Estate GH LLC

Co-Listed By

Lise Gardner

Windermere Real Estate GH LLC License #6299

Last Buyer's Agent

Charles Cady

RE/MAX Northwest License #45644

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1199386

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,338

Year Built

  • Built in 1967

Lot Details

  • 7,405

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,473 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • 7,405 Sq Ft Lot
  • Cable TV Available

Community Details

  • Edmonds Bowl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00472200000102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,338

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1967
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3473
  • Special Features: None
  • Cumulative Days on Market: 320

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • 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: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Snohomish Co PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 2009

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00472200000102
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3750

Multi Family

  • Gross Scheduled Income: 45000
  • Net Operating Income: 36677
  • Number Of Units Total: 2
  • Insurance Expense: 976
  • Leasable Area: 4366
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5338

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 18, 2017
Sold by
Gilbert John G
Bought by
Cady Charles D and Arends Deborah J
Seller's Agent
Lynn Kern
Windermere Real Estate GH LLC
Buyer's Agent
Charles Cady
RE/MAX Northwest
List Price
$839,500
Sold Price
$845,000
Premium/Discount to List
$5,500
0.66%
Current Estimated Value
$1,395,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,676
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Sep 25, 2013
Sold by
Gilbert Julie Ann
Bought by
Gilbert John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2007
Sold by
Hatch Marc R
Bought by
Hatch Linda N

Purchase Details

Closed on
Jul 25, 2004
Sold by
Williams Keith and Williams John
Bought by
Hatch Marc R and Hatch Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Wilson Steven K and Gately Rhea C
Bought by
Williams Keith and Williams Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
7.7%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Gately Rhea C
Bought by
Gately Rhea 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
Cady Charles D $845,000 Chicago Title
Gilbert John G -- Chicago Title Company
Gilbert John G $507,280 Chicago Title
Hatch Linda N $1,123 None Available
Hatch Marc R $342,500 Old Republic Title Ltd
Williams Keith $305,000 --
Gately Rhea C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilbert John G $337,500
Previous Owner Midtling John $160,000
Previous Owner Hatch Marc R $277,000
Previous Owner Hatch Marc R $272,500
Previous Owner Williams Keith $289,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $845,000 +0.7% $243 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $839,500 -- $242 / 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 $8,492 $1,231,100 $622,300 $608,800
2024 $8,492 $1,192,200 $612,300 $579,900
2023 $6,939 $1,009,100 $612,300 $396,800
2022 $7,163 $856,800 $508,900 $347,900
2020 $7,690 $822,700 $433,900 $388,800
2019 $6,233 $671,600 $273,800 $397,800
2018 $5,865 $546,000 $249,300 $296,700
2017 $5,338 $520,000 $207,600 $312,400
2016 $5,087 $491,000 $180,700 $310,300
2015 $5,194 $472,000 $167,200 $304,800
2013 $4,359 $373,500 $186,800 $186,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1199386

Northwest Multiple Listing Service (NWMLS)

APN: 004722-000-001-02