Listed by eXp Realty, Bought with Icon Group
NOT LISTED FOR SALE

623 108th Avenue Ct E Unit 625 Edgewood, WA 98372

Estimated Value: $796,000 - $1,029,000

6 Beds
2 Baths
2,912 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $900,000 $309 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,268/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Secluded Lot
  • Wood Flooring
  • Discovery Primary School Rated A-
  • Territorial View
  • No HOA

About This Home

As of April 2022

Highly sought after updated Home situated in a peaceful cul-de-sac in Edgewood.Desirable & private location.Tons of parking. Large property offers Opportunity for Future Shop or ADU. Soaring ceilings, open layouts, updates include: white kitchens, tiled bath, LVP flooring, new carpeting, interior&exterior paint, new efficient split system w/heat pump, a/c,new Hot water tank,new appliances. Investment opportunity abound w/ postive cash flow. Live in one unit & rent out the other, or both. Each unit is 1,496 SF, 3 bed,1 bath. Units also include individual carport& fenced yard.Owners currently occupying one unit and renting out the other. Current rents w room to increase at $2,400+/month *per unit*.Long time tenants w/no vacancies.Come & see!

Last Agent to Sell the Property

Victoria Movchan

eXp Realty License #137866 Listed on: 03/25/2022

eXp Realty

Last Buyer's Agent

Jerome Watson

Icon Group License #116955

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1898114

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,998

Year Built

  • Built in 1955

Lot Details

  • 0.67 Acre Lot
  • Open Space
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot
  • Value in Land
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,912 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 30 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Hedden Elementary School
  • Surprise Lake Mid Middle School
  • Fife High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Edgewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 602317-007-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,998

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1955
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2912
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Ceramic Tile, Hardwood, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Composition, Flat, Metal
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Open Space, Paved, Secluded, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 22
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 30
  • ParkingUncoveredSpaces: 22

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Edgewood Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Fife
  • High School: Fife High
  • Middle Or Junior School: Surprise Lake Mid

Lot Info

  • Parcel Number: 602317-007-0
  • Lot Size Acres: 0.669
  • Lot Size Sq Ft: 29141
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 29.5
  • LeasedItems: None
  • TotalMonthlyIncome: 2400

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 21020
  • Number Of Units Total: 2
  • Insurance Expense: 900
  • Leasable Area: 2912
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5998

MLS Schools

  • Elementary School: Hedden Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 25, 2022
Sold by
Vovk Anatoliy and Vovk Svetlana
Bought by
Harris Tyler J
Seller's Agent
Victoria Movchan
eXp Realty
Buyer's Agent
Jerome Watson
Icon Group
List Price
$849,995
Sold Price
$900,000
Premium/Discount to List
$50,005
5.88%
Current Estimated Value
$890,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,917
Avg. Annual Appreciation
-0.40%
Original Mortgage
$883,698
Outstanding Balance
$832,123
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$55,613

Purchase Details

Closed on
May 17, 2019
Sold by
Kaecm Legacy Llc
Bought by
Vovk Anatoliy and Vovk Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2012
Sold by
Marie E Dill Family Trust
Bought by
Kaecm Legacy Llc
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
Harris Tyler J -- Rainier Title Company
Vovk Anatoliy $415,000 Stewart Title
Kaecm Legacy Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Tyler J $883,698
Previous Owner Vovk Anatoliy $407,483
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $900,000 +5.9% $309 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $849,995 -- $292 / 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 $6,593 $726,900 $329,500 $397,400
2024 $6,593 $665,900 $277,500 $388,400
2023 $6,593 $635,900 $268,700 $367,200
2022 $5,999 $664,400 $286,300 $378,100
2021 $5,883 $431,200 $205,500 $225,700
2019 $4,488 $394,500 $181,700 $212,800
2018 $3,483 $344,800 $162,800 $182,000
2017 $3,483 $310,300 $135,400 $174,900
2016 $2,983 $237,000 $102,800 $134,200
2014 $1,360 $221,500 $92,500 $129,000
2013 $1,360 $197,900 $79,700 $118,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1898114

Northwest Multiple Listing Service (NWMLS)

APN: 602317-0070