Listed by Windermere Real Estate/East, Bought with KW Greater Seattle
NOT LISTED FOR SALE

Estimated Value: $775,000 - $903,000

6 Beds
6 Baths
2,502 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $750,000 $300 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,026/month

26 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio
  • Property is Fully Fenced

About This Home

As of July 2021

The rental property of your dreams is here! Perfect for rent 1, own 1, or as a full rental! Minutes from Boeing, recreation, shopping, and freeway access, this duplex is a rare find. Each unit features 1250sqft, 3 bedrooms, 2 baths, with two car garage. Perfect for a first time investor or a seasoned veteran, this duplex is sure to stay occupied with little effort. Owner responsible for water, tenant to cover all
other utilities.

Last Agent to Sell the Property

Aaron Wang

Windermere Real Estate/East License #132848 Listed on: 05/13/2021

Windermere Real Estate/East

Last Buyer's Agent

Flora Sun

KW Greater Seattle License #22036963

KW Greater Seattle

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1773563

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 2000

Lot Details

  • 7,402 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,502 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Madison Elementary School
  • Evergreen Mid Middle School
  • Cascade High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Mill Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00392000001406

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,722

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2502
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • 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: Available
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electric
  • WaterSewerGarbage: 200

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Multi-Family

Fee Information

  • Annual Fuel Expense: 200

Schools

  • Junior High Dist: Everett
  • High School: Cascade High
  • Middle Or Junior School: Evergreen Mid

Lot Info

  • Parcel Number: 00392000001406
  • Lot Size Acres: 0.1699
  • Lot Size Sq Ft: 7402
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 44400

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 44400
  • Number Of Units Total: 2
  • Electric Expense: 200
  • Insurance Expense: 700
  • Leasable Area: 2502
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5722

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 6, 2021
Sold by
Liu Fei and Yan Di
Bought by
Zhang Chao and Kuo David
Seller's Agent
Aaron Wang
Windermere Real Estate/East
Buyer's Agent
Flora Sun
KW Greater Seattle
List Price
$729,000
Sold Price
$750,000
Premium/Discount to List
$21,000
2.88%
Current Estimated Value
$834,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,874
Avg. Annual Appreciation
2.46%
Original Mortgage
$562,500
Outstanding Balance
$514,786
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$313,952

Purchase Details

Listed on
May 1, 2015
Closed on
May 27, 2015
Sold by
Hanson Daniel P
Bought by
Liu Christina and Liu Ping
List Price
$425,000
Sold Price
$414,000
Premium/Discount to List
-$11,000
-2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%

Purchase Details

Closed on
Mar 14, 2014
Sold by
Harris Merry L and Hanson Merry L
Bought by
Hanson Daniel P

Purchase Details

Closed on
Apr 12, 2006
Sold by
Lew Corey E and Lew Joyce Y
Bought by
Hanson Daniel P and Hanson Merry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,700
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 8, 2000
Sold by
Gaenz Homes Inc
Bought by
Lew Corey E and Lew Joyce Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,950
Interest Rate
8.13%
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 Chao $750,000 First American Title
Liu Christina $414,000 Chicago Title Company
Hanson Daniel P -- None Available
Hanson Daniel P $424,950 Chicago Title
Lew Corey E $279,950 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Chao $562,500
Previous Owner Hanson Daniel P $305,900
Previous Owner Hanson Daniel P $318,700
Previous Owner Lew Corey E $292,000
Previous Owner Lew Corey E $36,500
Previous Owner Lew Corey E $223,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $750,000 +2.9% $300 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $729,000 +76.1% $291 / Sq Ft
05/29/2015 05/29/15 Sold $414,000 -2.6% $165 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $425,000 -- $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 $5,719 $665,700 $339,900 $325,800
2024 $5,719 $664,700 $328,600 $336,100
2023 $5,890 $716,000 $354,300 $361,700
2022 $5,643 $615,500 $244,000 $371,500
2020 $5,722 $509,000 $191,000 $318,000
2019 $4,981 $446,000 $174,000 $272,000
2018 $5,013 $411,500 $156,000 $255,500
2017 $4,554 $372,300 $134,000 $238,300
2016 $3,970 $341,100 $110,000 $231,100
2015 $3,847 $311,400 $95,000 $216,400
2013 $3,463 $247,300 $74,000 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1773563

Northwest Multiple Listing Service (NWMLS)

APN: 003920-000-014-06