Listed by KW North Sound, Bought with American Dream R.E. East LLC
NOT LISTED FOR SALE

7720 51st Ave NE Unit B Marysville, WA 98270

Pinewood Neighborhood

Estimated Value: $634,063 - $811,000

4 Beds
2 Baths
1,792 Sq Ft
$403/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $475,501 $265 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,291/month

6 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Property is Fully Fenced
  • Thermal Windows
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of January 2020

Great centrally located duplex in Marysville, each unit is 2 bed 1 bath, both have been updated and are in great condition, fully fenced yards, each unit has a 1 car attached garage and washer/dryer. Nice size lot allows for plenty of parking and separated yards. Great renters and cap rate of 6.4%, solid investment with low maintenance.

Last Agent to Sell the Property

Amy Wagner

KW North Sound License #24376 Listed on: 12/06/2019

KW North Sound

Last Buyer's Agent

Mark Redis

American Dream R.E. East LLC License #18885

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1546637

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1990

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet

Community Details

  • Marysville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30052100417000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,963

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1990
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1792
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Marysville
  • WaterCompany: City of Marysville
  • WaterSewerGarbage: 2190

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Marysville

Lot Info

  • Parcel Number: 30052100417000
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2970

Multi Family

  • Gross Scheduled Income: 35640
  • Net Operating Income: 29687
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 1792
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Jan 16, 2020
Sold by
Green Dustin J and Green Honesty E
Bought by
Hanson Gregory T and Hanson Natalie C
Seller's Agent
Amy Wagner
KW North Sound
Buyer's Agent
Mark Redis
American Dream R.E. East LLC
List Price
$465,000
Sold Price
$475,501
Premium/Discount to List
$10,501
2.26%
Current Estimated Value
$722,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,015
Avg. Annual Appreciation
7.79%
Original Mortgage
$356,626
Outstanding Balance
$316,366
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$406,150

Purchase Details

Closed on
Feb 14, 2003
Sold by
Wiese Douglas W
Bought by
Green Dustin J and Green Honesty E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,993
Interest Rate
5.89%
Mortgage Type
FHA
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
Hanson Gregory T $475,501 First American Title
Green Dustin J $192,000 Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Gregory T $356,626
Previous Owner Green Dustin J $281,250
Previous Owner Green Dustin J $188,993
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $475,501 +2.3% $265 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $465,000 -- $259 / 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 $4,342 $577,200 $256,700 $320,500
2024 $4,342 $544,600 $224,100 $320,500
2023 $3,410 $569,900 $241,800 $328,100
2022 $4,426 $437,300 $191,600 $245,700
2020 $3,981 $359,700 $153,500 $206,200
2019 $2,963 $323,500 $139,500 $184,000
2018 $3,450 $297,800 $117,200 $180,600
2017 $3,049 $269,200 $99,500 $169,700
2016 $2,751 $233,200 $86,500 $146,700
2015 $2,643 $208,900 $74,400 $134,500
2013 $2,657 $199,900 $53,900 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1546637

Northwest Multiple Listing Service (NWMLS)

APN: 300521-004-170-00