Listed by John L. Scott, Inc., Bought with Safegate Real Estate
NOT LISTED FOR SALE

Estimated Value: $783,000 - $891,909

6 Beds
4 Baths
2,704 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $375,000 $139 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,071/month

81 Days on Market

Highlights

  • Deck
  • Patio
  • High Speed Internet
  • Cul-De-Sac
  • Ceramic Tile Flooring
  • Property is in very good condition

About This Home

As of August 2016

Well maintained and managed duplex. Fresh exterior paint, side B has new carpet, interior paint, and flooring. Long term tenants on side A. Great location, always rented. Large fenced lot. Lots of parking. Laundry room upstairs in both units. Low maintenance yard. Great cash flow. Quiet neighborhood.

Last Agent to Sell the Property

Kyle Bush

John L. Scott, Inc. License #87074 Listed on: 04/18/2016

John L. Scott, Inc.

Last Buyer's Agent

Michael Thai

Safegate Real Estate License #23818

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 925520

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,925

Year Built

  • Built in 1983

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property

Flooring

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

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Highland Acres Condos
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00471700000104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,925

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1983
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Highland Acres
  • New Construction: No
  • CalculatedSquareFootage: 2704
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • 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
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00471700000104
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: SCR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 1329
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 29340
  • Net Operating Income: 24565
  • Number Of Units Total: 2
  • Insurance Expense: 850
  • Leasable Area: 2776
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3925

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Aug 12, 2016
Sold by
615 Everett Llc
Bought by
Thai Stephanie and Lund Troy Palmer Richardson
Seller's Agent
Kyle Bush
John L. Scott, Inc.
Buyer's Agent
Michael Thai
Safegate Real Estate
List Price
$389,950
Sold Price
$375,000
Premium/Discount to List
-$14,950
-3.83%
Current Estimated Value
$852,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,727
Avg. Annual Appreciation
9.39%
Original Mortgage
$368,207
Outstanding Balance
$293,121
Interest Rate
3.41%
Mortgage Type
FHA
Estimated Equity
$559,606

Purchase Details

Closed on
Nov 13, 2009
Sold by
Shilling Legacy Llc
Bought by
615 Everett Llc

Purchase Details

Closed on
Apr 1, 2006
Sold by
Shilling Steve
Bought by
Shilling Legacy Llc

Purchase Details

Closed on
Aug 21, 2003
Sold by
Shilling Legacy Llc
Bought by
Shilling Steven L and Shilling Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2002
Sold by
Shilling Lisa A and Shilling Steven L
Bought by
Shilling Legacy Llc

Purchase Details

Closed on
Nov 13, 1998
Sold by
Shilling Lisa A and Byers Lisa A
Bought by
Shilling Steven L and Shilling Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.42%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Johnson Richard D
Bought by
Pidgeon Richard F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,273
Interest Rate
7.37%
Mortgage Type
VA
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
Thai Stephanie $375,000 Wfg Natl Title Co Of Wa Llc
615 Everett Llc $112,359 Accommodation
Shilling Legacy Llc -- Accommodation
Shilling Steven L $11,235 Chicago Title Insurance Co
Shilling Legacy Llc -- Old Republic Title Ltd
Shilling Steven L -- Fidelity National Title
Pidgeon Richard F $124,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thai Stephanie $368,207
Previous Owner Shilling Steven L $158,000
Previous Owner Shilling Steven L $125,000
Previous Owner Pidgeon Richard F $111,273
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $375,000 -3.8% $139 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $389,950 -- $144 / 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 $6,400 $748,100 $355,000 $393,100
2024 $6,400 $744,100 $351,000 $393,100
2023 $6,477 $787,500 $356,000 $431,500
2022 $5,761 $628,300 $262,000 $366,300
2020 $5,807 $516,600 $209,000 $307,600
2019 $5,067 $453,700 $201,000 $252,700
2018 $4,838 $397,100 $172,000 $225,100
2017 $4,608 $376,700 $142,000 $234,700
2016 $4,051 $348,100 $118,000 $230,100
2015 $3,925 $317,700 $105,000 $212,700
2013 $3,220 $229,900 $80,000 $149,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 925520

Northwest Multiple Listing Service (NWMLS)

APN: 004717-000-001-04