Listed by Coldwell Banker Danforth, Bought with eLink Realty
NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,040,000

4 Beds
4 Baths
2,436 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 21, 2014

Last sale price $411,000 $169 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,755/month

7 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Thermal Windows

About This Home

As of July 2014

Solid duplex and solid investment. Great location on a quiet street, yet walking distance to Lynnwood Crossroads, Trader Joe’s, etc. Both townhome-style units are identical with a total of 2,436 sq ft, separated by two garages – no shared walls! Living & dining area, office nook and large utility room with ample storage. Both backyards are fenced and gated. Upper level has oversized bedrooms with walk-in closets. Newer roof and double-pane windows. Rented month-to-month; rents are below market.

Last Agent to Sell the Property

Alex Eckardt

Coldwell Banker Danforth License #26821 Listed on: 06/03/2014

Coldwell Banker Danforth

Last Buyer's Agent

Gang Yang

eLink Realty License #111533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 640028

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,348

Year Built

  • Built in 1977

Lot Details

  • 7,841 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Lynndale Elemld Elementary School
  • Meadowdale Mid Middle School
  • Meadowdale High School

Community Details

  • Lynnwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2704100404300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,348

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2436
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Lynnwood
  • WaterCompany: City of Lynnwood
  • WaterSewerGarbage: 1452

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Edmonds
  • High School: Meadowdale High
  • Middle Or Junior School: Meadowdale Mid

Lot Info

  • Parcel Number: 2704100404300
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 29280
  • Net Operating Income: 23379
  • Number Of Units Total: 2
  • Insurance Expense: 741
  • Leasable Area: 2436
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3348

MLS Schools

  • Elementary School: Lynndale ElemLd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2016
Sold by
Yang Gang and Shi Yajun
Bought by
Zhang Xiaomei
Current Estimated Value
$985,450

Purchase Details

Listed on
Jun 3, 2014
Closed on
Jul 16, 2014
Sold by
Pope Ellen R
Bought by
Yang Gang and Shi Yajun
Seller's Agent
Alex Eckardt
Coldwell Banker Danforth
Buyer's Agent
Gang Yang
eLink Realty
List Price
$415,000
Sold Price
$411,000
Premium/Discount to List
-$4,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$300,050
Interest Rate
3.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2004
Sold by
Basta Mathew J
Bought by
Pope Ellen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Romney Christopher D and Romney Cindy L
Bought by
Basta Mathew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 24, 1999
Sold by
Eskola E Hanford and Eskola Eileen
Bought by
Romney Christopher D and Romney Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.84%
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
Zhang Xiaomei $450,000 Chicago Title Company Of Wa
Yang Gang $411,000 Chicago Title
Pope Ellen R $370,000 Fidelity National Title
Basta Mathew J $295,000 Fidelity National Title
Romney Christopher D $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yang Gang $300,050
Previous Owner Pope Ellen R $296,000
Previous Owner Basta Mathew J $236,000
Previous Owner Romney Christopher D $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2014 07/21/14 Sold $411,000 -1.0% $169 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
06/03/2014 06/03/14 For Sale $415,000 -- $170 / 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 $6,356 $784,100 $326,800 $457,300
2024 $6,356 $819,000 $326,800 $492,200
2023 $5,477 $731,900 $321,800 $410,100
2022 $5,448 $597,000 $306,100 $290,900
2020 $5,367 $522,000 $270,000 $252,000
2019 $4,814 $470,000 $183,000 $287,000
2018 $4,848 $420,000 $162,000 $258,000
2017 $4,191 $396,000 $157,000 $239,000
2016 $3,826 $362,000 $130,000 $232,000
2015 $3,665 $326,000 $113,000 $213,000
2013 $3,189 $269,000 $113,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 640028

Northwest Multiple Listing Service (NWMLS)

APN: 270417-004-043-00