Listed by KW Mountains to Sound Realty
NOT LISTED FOR SALE
-- Bed
-- Bath
18,176 Sq Ft
0.86 Acres

Last Sold January 15, 2016

Last sale price $2,258,000 $124 Per Sq Ft

8 Days on Market

Highlights

  • 0.86 Acre Lot
  • Thermal Windows
  • Wood Siding
  • Edmonds Woodway High School Rated A-
  • Patio
  • Wall to Wall Carpet

About This Home

As of January 2016

First time on the market in over 20 years, this multi-family apartment is a great investment opportunity in a convenient and desirable Edmonds location. Positioned in a path of great growth, Redcliffe House offers 16 large units and has immediate and substantial upside on rents and is perfect as an "add-value" investment for greater cash flow and maximum equity. All units are 2 bedroom, 1.5 baths, have a fireplace, washer & dryer hook-ups, private patios, and regular updates over the years.

Last Agent to Sell the Property

Brian Manaois

KW Mountains to Sound Realty License #1944 Listed on: 12/28/2015

KW Mountains to Sound Realty

Co-Listed By

Denise Christofferson

Keller Williams Realty PS License #26884

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 878469

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,628

Year Built

  • Built in 1978

Lot Details

  • 0.86 Acre Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 18,176 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 36 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Redcliffe House Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27041900100900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,628

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Redcliffe House
  • New Construction: No
  • CalculatedSquareFootage: 18176
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 36
  • Open Parking: Yes
  • Total Parking Spaces: 36
  • ParkingUncoveredSpaces: 36

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric, Wood
  • PowerCompany: Snohomish County
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 27041900100900
  • Lot Size Acres: 0.86
  • Lot Size Sq Ft: 37461
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 179940
  • Net Operating Income: 97479
  • Number Of Units Total: 16
  • Leasable Area: 18176
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 20628

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $2,258,000 +7.5% $124 / Sq Ft
01/06/2016 01/06/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $2,100,000 -- $116 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 878469

Northwest Multiple Listing Service (NWMLS)

APN: 27041900100900