NOT LISTED FOR SALE

Estimated Value: $1,161,000 - $1,849,749

4 Beds
4 Baths
2,818 Sq Ft
$515/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,600,000 $568 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,989/month

6 Days on Market

Highlights

  • Views of a Sound
  • Rooftop Deck
  • Wood Flooring
  • Edmonds Woodway High School Rated A-
  • RV Access or Parking
  • 3-minute walk to Civic Field

About This Home

As of September 2021

Prime downtown Edmonds location with partial view. Great investment property. Updated, remodeled & well maintained legal tri-plex. Property has many potential uses.. convert to condos, re-zone to commercial, use as a residential property, re-develop or leave as a profitable tri-plex. Unit A is a 1 bedroom extensively remodeled in 2016 with new kitchen & bath, Unit B, a 2 bedroom, updated in 2008. Unit C, owner's unit, a 3 bedroom & 2 bath. Remodeled in 2015 from top to bottom including new kitchen & baths. Each unit has its own private garden & patio with unit C having a huge roof top deck. 5 zone drip irrigation system. 8 security cameras. Carport for 3 with 2 additional spots/RV. Walk to ferry, library, bus stop, Starbucks & restaurants.

Last Agent to Sell the Property

Carol Arnim

CENTURY 21 Real Estate Center License #18373 Listed on: 07/27/2021

CENTURY 21 Real Estate Center

Last Buyer's Agent

Lauren Hendricks

Windermere Real Estate Midtown License #83586

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1802899

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Views of a Sound
  • City
  • Mountain
  • Territorial
  • Limited

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,818 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Rooftop Deck
  • Patio
  • Outbuilding

Schools

  • Edmonds Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Cable TV Available

Community Details

  • Edmond City Condos
  • Downtown Edmonds Subdivision

Listing and Financial Details

  • Legal Lot and Block 98 / 36
  • Assessor Parcel Number 00434209803500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,378

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1953
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Edmond City
  • New Construction: No
  • CalculatedSquareFootage: 2818
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: VirtualTour
  • Cumulative Days on Market: 302

Interior Features

  • Possible Use: Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Forced Air, Hardwood, Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Partial, Sound, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 3599

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00434209803500
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Rooftop Deck,RV Parking,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential,See Remarks
  • LotNumber: 98

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 23
  • LeasedItems: None
  • TotalMonthlyIncome: 5600

Multi Family

  • Gross Scheduled Income: 67200
  • Net Operating Income: 53216
  • Number Of Units Total: 3
  • Electric Expense: 238
  • Insurance Expense: 996
  • Leasable Area: 2818
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6378

MLS Schools

  • Elementary School: Edmonds Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 2, 2021
Sold by
Bell Ralph R and Reed Renee
Bought by
615 Main Street Llc
Seller's Agent
Carol Arnim
CENTURY 21 Real Estate Center
Buyer's Agent
Lauren Hendricks
Windermere Real Estate Midtown
List Price
$1,578,000
Sold Price
$1,600,000
Premium/Discount to List
$22,000
1.39%
Current Estimated Value
$1,449,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$150,084
Avg. Annual Appreciation
-3.02%

Purchase Details

Closed on
Mar 15, 2017
Sold by
The Edmonds Company Llc
Bought by
Bell Ralph R and Reed Renee

Purchase Details

Closed on
Jun 2, 2016
Sold by
Bell Ralph R and Reed Renee
Bought by
The Edmonds Company Llc

Purchase Details

Closed on
Jun 27, 2014
Sold by
Bell Nancy Lee
Bought by
Bell Ralph R and Reed Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,375
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
615 Main Street Llc $1,600,000 Chicago Title Company Of Wa
Bell Ralph R -- None Available
The Edmonds Company Llc -- None Available
Bell Ralph R $452,500 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 615 Main Street Llc $1,000,000
Previous Owner Bell Ralph R $450,000
Previous Owner Bell Ralph R $382,000
Previous Owner Bell Ralph R $339,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,600,000 +1.4% $568 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $1,578,000 -- $560 / 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 $11,311 $1,600,300 $700,200 $900,100
2024 $11,311 $1,589,700 $700,200 $889,500
2023 $10,907 $1,588,500 $700,200 $888,300
2022 $6,607 $791,100 $553,000 $238,100
2020 $6,378 $683,000 $453,000 $230,000
2019 $5,903 $636,700 $496,200 $140,500
2018 $6,116 $570,000 $413,300 $156,700
2017 $4,871 $475,000 $344,600 $130,400
2016 $4,617 $446,000 $300,300 $145,700
2015 $4,578 $416,400 $277,400 $139,000
2013 $4,553 $390,600 $251,700 $138,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1802899

Northwest Multiple Listing Service (NWMLS)

APN: 004342-098-035-00