Listed by Every Door Real Estate, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

7522 51st Ave NE Unit A&B Marysville, WA 98270

Estimated Value: $666,722 - $786,000

6 Beds
2 Baths
2,387 Sq Ft
$305/Sq Ft Est. Value

Last Sold September 17, 2019

Last sale price $440,000 $184 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,331/month

16 Days on Market

About This Home

As of September 2019

**DO NOT DISTURB TENANTS OR WALK PROPERTY WITHOUT CONFIRMED APPOINTMENT** A great investment opportunity to own a 100% occupancy Marysville duplex. Both units include 3 bedrooms and 1.5 bathrooms with vaulted ceilings, individually fenced backyards and a single car garage. This opportunity is great for first time investors or to add to your portfolio. With the current monthly rents the cap rate on this property is about 5.5% with lots of room for growth!

Last Agent to Sell the Property

Amanda Rae

Every Door Real Estate License #127593 Listed on: 08/01/2019

Every Door Real Estate

Co-Listed By

Every Door Real Estate

Every Door Real Estate License #26691

Last Buyer's Agent

Irwan Ngadisastra

Skyline Properties, Inc. License #89756

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1499447

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,617

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,387 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Community Details

  • Marysville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00379800100300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,617

Year Built

Built in 1998

Lot Details

0

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: 2387
  • Special Features: VirtualTour
  • Cumulative Days on Market: 369

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Marysville
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00379800100300
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 26131
  • Number Of Units Total: 2
  • Insurance Expense: 925
  • Leasable Area: 2387
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3617

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Dao Toan Ngoc My and Nguyen Nhan Thanh
Bought by
Wright Homes Llc
Current Estimated Value
$728,931

Purchase Details

Closed on
Sep 17, 2020
Sold by
Nguyen Nhan Thanh
Bought by
Nguyen Nhan Thanh and Nguyens Nhan Thanh

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 6, 2019
Sold by
Hunter Audrey A
Bought by
Nguyen Nhan Thanh
Seller's Agent
Amanda Rae
Every Door Real Estate
Buyer's Agent
Irwan Ngadisastra
Skyline Properties, Inc.
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Nov 4, 2003
Sold by
Schierbeck Kyle K and Schierbeck Marne N
Bought by
Hunter Audrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wright Homes Llc -- None Available
Nguyen Nhan Thanh -- None Listed On Document
Nguyen Nhan Thanh $440,000 Ticor Title
Hunter Audrey A $90,955 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Audrey A $186,750
Previous Owner Hunter Audrey A $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $440,000 -7.4% $184 / Sq Ft
08/17/2019 08/17/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $475,000 -- $199 / 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 $4,303 $585,400 $277,000 $308,400
2024 $4,303 $539,700 $242,000 $297,700
2023 $3,575 $597,500 $261,000 $336,500
2022 $4,811 $475,400 $219,000 $256,400
2020 $4,641 $419,500 $176,000 $243,500
2019 $3,467 $378,600 $160,000 $218,600
2018 $4,084 $352,700 $135,000 $217,700
2017 $3,601 $318,000 $115,000 $203,000
2016 $3,243 $275,000 $100,000 $175,000
2015 $3,151 $249,100 $86,000 $163,100
2013 $3,618 $272,300 $58,000 $214,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1499447

Northwest Multiple Listing Service (NWMLS)

APN: 003798-001-003-00