NOT LISTED FOR SALE

7620 202nd Place SW Edmonds, WA 98026

Estimated Value: $933,652 - $1,191,000

5 Beds
4 Baths
3,340 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $725,000 $217 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,562/month

8 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Wood Siding
  • Edmonds Woodway High School Rated A-
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of October 2018

Great Edmonds Duplex investment opportunity. Original owner is selling 3 side by side duplexes. Large owners unit is 2 stories with basement, 3 bed, formal dining, den, 2 fireplaces, 2.5 bath and 2 car garage with extra parking. Cathedral beamed ceilings, unique design. Deck in the back. Newer roof, ext paint, and black top. The other unit is a rambler with 2 bed/1 bath, F/P also beamed cathedral ceilings and patio area. Both have W/D. Great location, close to hospital, shopping and schools.

Last Listed By

Cathi McLeod

Windermere RE North, Inc. License #112255 Listed on: 09/04/2018

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1350301

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1977

Lot Details

  • 6,534 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in very good condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • College Pl Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00512700001700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,174

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3340
  • Special Features: None
  • Cumulative Days on Market: 264

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 2541

Schools

  • Junior High Dist: Edmonds
  • High School: Edmonds Woodway High
  • Middle Or Junior School: College Pl Mid

Lot Info

  • Parcel Number: 00512700001700
  • Lot Size Acres: 0.15
  • Lot Size: 6534
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: County

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 3530

Multi Family

  • Gross Scheduled Income: 42360
  • Net Operating Income: 32434
  • Number Of Units Total: 2
  • Insurance Expense: 1282
  • Leasable Area: 3340
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5174

MLS Schools

  • Elementary School: College Pl Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 8, 2018
Sold by
Kirschner Richard M and Kirschner Gvara R
Bought by
Lang Aw Lee
Seller's Agent
Cathi McLeod
Windermere RE North, Inc.
Buyer's Agent
Melody Benton
Windermere RE North, Inc.
List Price
$725,000
Sold Price
$725,000
Total Days on Market
8
Current Estimated Value
$1,092,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,413
Avg. Annual Appreciation
5.84%
Original Mortgage
$410,000
Interest Rate
4.5%
Mortgage Type
New Conventional

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
Lang Aw Lee $725,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aw Leelang $412,000
Closed Lang Aw Lee $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $725,000 0.0% $217 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $725,000 -- $217 / 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 $5,718 $860,000 $428,500 $431,500
2024 $5,718 $810,000 $392,500 $417,500
2023 $5,232 $768,000 $343,000 $425,000
2022 $6,004 $725,000 $295,500 $429,500
2020 $6,455 $695,000 $267,000 $428,000
2019 $4,618 $501,000 $221,000 $280,000
2018 $5,174 $485,000 $156,400 $328,600
2017 $4,583 $450,000 $136,000 $314,000
2016 $3,770 $367,000 $129,500 $237,500
2015 $3,644 $334,000 $123,500 $210,500
2013 $3,472 $300,500 $137,000 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1350301

Northwest Multiple Listing Service (NWMLS)

APN: 005127-000-017-00