NOT LISTED FOR SALE

Estimated Value: $1,171,000 - $1,452,393

8 Beds
1 Bath
3,300 Sq Ft
$394/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $1,020,000 $309 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,714/month

16 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Double Oven
  • Edmonds Woodway High School Rated A-
  • 2 Fireplaces
  • Detached Garage

About This Home

As of May 2021

Excellent Developer Opportunity in this Prime Centrally located 1.77 acre property. Property is Expected to Yield at Least 9 Lots and is Currently Zoned RS8 with potential for residential subdivision/development. Current home is 3800 sq. ft. in need of repairs. 3 Lg Out buildings. Gas, Electricity and Sewer are on property and easily access from 61st PL W. Easy access to Hwy 99 and I-5, close to hospital, schools, recreation, shopping. Rare offering, owned by the same family for over 50-years. This is a Great Close-in Location. Buyer to Verify All Information!

Last Agent to Sell the Property

Aimee Anthony

Real Estate 2000 Inc. License #91100 Listed on: 02/01/2021

Co-Listed By

Dave Hilbert

Real Estate 2000 Inc. License #11415

Last Buyer's Agent

Tim Butler

Olympic Properties Inc. License #32999

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1722367

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,725

Year Built

  • Built in 1906

Lot Details

  • Open Space
  • Street terminates at a dead end
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Value in Land
  • Property is zoned RS8

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 2 Fireplaces
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Double Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • Detached Garage
  • Detached Carport Space
  • RV Access or Parking

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Lynnwood Community

Listing and Financial Details

  • Assessor Parcel Number 00564100000303

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,725

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 18 - 2 Stories W/Bsmnt
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Concrete, Hardwood, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Garbage Disposal, Range/Oven, Refrigerator
  • Bedrooms: 8.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 3.25
  • Total Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Half Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Main
  • Fireplaces: 2
  • Fireplaces Main: 1
  • Fireplaces Lower: 1
  • Basement: Daylight, Partially Finished
  • Den or Office: Main
  • Dining Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 3800
  • Square Footage Finished: 3300
  • Square Footage Unfinished: 500

Exterior Features

  • Exterior: Metal/Vinyl
  • Foundation: Poured Concrete
  • Roof: Composition, Flat

Garage/Parking

  • Parking Type: Carport-Detached, Garage-Detached, K
  • Total Covered Parking: 4

Utilities

  • Heating And Cooling: Forced Air
  • Power Company: PUD
  • Sewer: Sewer Connected
  • Sewer Company: Alderwood
  • Water Company: Alderwood
  • Water Heater: basement
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Lynnwood

Schools

  • School District: ED

Lot Info

  • Lot Details: Dead End Street, Open Space, Paved Street, Value In Land
  • Lot Sq Ft: 77101
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 00564100000303
  • Zoning Code: RS8
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 8982

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 11, 2021
Sold by
Wikene Barry W and Estate Of Alice S Wikene
Bought by
Ozone Partners Llc
Seller's Agent
Aimee Anthony
Real Estate 2000 Inc.
Buyer's Agent
Tim Butler
Olympic Properties Inc.
List Price
$1,350,000
Sold Price
$1,020,000
Premium/Discount to List
-$330,000
-24.44%
Current Estimated Value
$1,300,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,098
Avg. Annual Appreciation
4.33%
Original Mortgage
$550,000
Outstanding Balance
$503,701
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$719,275

Purchase Details

Closed on
Sep 29, 2020
Sold by
John Wikene And Alice B Wikene Revocable and Wikene John
Bought by
Wikene Alice B

Purchase Details

Closed on
Dec 9, 1997
Sold by
Wikene John and Wikene Alice B
Bought by
Wikene John and Wikene Alice B
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
Ozone Partners Llc $1,020,000 Fidelity Natl Ttl Co Of Wa I
Wikene Alice B $313 None Listed On Document
Wikene John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozone Partners Llc $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $1,020,000 -24.4% $309 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,350,000 -- $409 / 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 $7,725 $967,500 $893,000 $74,500
2024 $7,516 $967,500 $893,000 $74,500
2023 $7,579 $1,014,500 $867,700 $146,800
2022 $8,943 $984,000 $857,500 $126,500
2020 $8,982 $874,200 $765,700 $108,500
2019 $7,504 $733,000 $612,700 $120,300
2018 $8,039 $696,700 $587,200 $109,500
2017 $7,075 $668,800 $561,700 $107,100
2016 $6,240 $590,700 $408,700 $182,000
2015 $5,537 $492,700 $332,200 $160,500
2013 -- $320,800 $169,000 $151,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1722367

Northwest Multiple Listing Service (NWMLS)

APN: 005641-000-003-03