Listed by Real Broker LLC, Bought with Ensemble
NOT LISTED FOR SALE

7335 7339 261st St Stanwood, WA 98292

Estimated Value: $761,058 - $959,000

6 Beds
4 Baths
2,592 Sq Ft
$320/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $475,000 $183 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,842/month

18 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Property is Fully Fenced
  • Patio
  • High Speed Internet

About This Home

As of February 2019

Great investment opportunity with this Stanwood duplex with great rental history on corner lot. Each Unit has 3 bedrooms/2.5 baths, vaulted ceilings, laundry room, good-sized/fully fenced yard space, & 2 car garage. Prime location-close to schools, restaurants, shopping, etc.

Last Agent to Sell the Property

Mindy Newton

Real Broker LLC License #24287 Listed on: 01/03/2019

Real Broker LLC

Last Buyer's Agent

Kale Corey

Ensemble License #120927

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1396463

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,142

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Stanwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00838100003600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,142

Year Built

Built in 1998

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2592
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Stanwood
  • WaterCompany: City of Stanwood
  • WaterSewerGarbage: 558

Condo/Co-op/Association

  • Association Fee: 25
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Stanwood-Camano

Lot Info

  • Parcel Number: 00838100003600
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 28800

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 23026
  • Number Of Units Total: 2
  • Insurance Expense: 734
  • Leasable Area: 2592
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2024
Sold by
Sotelo Edyl and Sotelo Kelsi
Bought by
Sofela Clement and Sofela Mobolaji
Current Estimated Value
$830,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,875
Outstanding Balance
$649,888
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$180,377

Purchase Details

Listed on
Jan 3, 2019
Closed on
Feb 21, 2019
Sold by
Laudermilk Beverly Anne
Bought by
Sotelo Edyl and Sotelo Kelsi
Seller's Agent
Mindy Newton
Real Broker LLC
Buyer's Agent
Kale Corey
Ensemble
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$466,396
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1999
Sold by
Star Jerry L and Star Penny
Bought by
Laudermilk Beverly Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Waechter Gerhard and Waechter Annemarie
Bought by
Star Jerry L and Star Penny
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
Sofela Clement $777,500 First American Title
Sotelo Edyl $475,000 Chicago Title
Laudermilk Beverly Anne $236,000 Evergreen Title Company Inc
Star Jerry L $117,400 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sofela Clement $660,875
Previous Owner Sotelo Edyl $466,396
Previous Owner Laudermilk Beverly Anne $166,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $475,000 0.0% $183 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $475,000 -- $183 / 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 $5,410 $703,800 $227,000 $476,800
2024 $5,410 $636,000 $181,000 $455,000
2023 $5,657 $700,900 $230,000 $470,900
2022 $4,713 $475,400 $161,000 $314,400
2020 $4,137 $383,100 $135,000 $248,100
2019 $4,150 $390,500 $125,000 $265,500
2018 $4,142 $370,400 $106,000 $264,400
2017 $3,580 $333,600 $87,000 $246,600
2016 $3,165 $289,600 $77,000 $212,600
2015 $2,822 $261,100 $61,000 $200,100
2013 $2,983 $258,000 $116,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Mindy Newton

    Seller's Agent in 2019

    Mindy Newton

    Real Broker LLC

    (425) 405-2344

    4 in this area

    238 Total Sales

    Mindy Newton
    Section Image
  • Kale Corey

    Buyer's Agent in 2019

    Kale Corey

    Ensemble

    (425) 358-0623

    150 Total Sales

    Kale Corey
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1396463

Northwest Multiple Listing Service (NWMLS)

APN: 008381-000-036-00

Washington Snohomish County Stanwood 98292

7335 7339 261st St, Stanwood, WA

This home is located at 7335 7339 261st St, Stanwood, WA 98292 since 03 January 2019 and is currently estimated at $830,265, approximately $320 per square foot. This property was built in 1998. 7335 7339 261st St is a home located in Snohomish County with nearby schools including Twin City Elementary School, Port Susan Middle School, and Stanwood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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