NOT LISTED FOR SALE

Estimated Value: $1,372,000 - $1,611,000

-- Bed
-- Bath
4,968 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $1,400,000 $282 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,389/month

6 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Patio
  • Edmonds Woodway High School Rated A-
  • No HOA
  • Vinyl Plank Flooring

About This Home

As of September 2023

DO NOT DISTURB TENANTS THEY ARE UNAWARE OF SALE. No sign. Interior inspection upon mutual purchase and sale agreement. Great opportunity to own quality building in convenient quiet location. All 4 units contain private entry to 2 car garage!! All units have their own washer and dryer. Townhome style comprised of 3 2 bedroom 1.5 bath units with half bath located off primary br and 1 3 br unit featuring ensuite 3/4 bath in primary bedroom along with 2 half baths and 1 full bath. Also recroom in lower level in 3 br unit. Ideal for owner - occupied. In addition to garage parking there is 7 uncovered parking spaces as well in front of building. Call helpful listing agent with questions. RARE FIND!!

Last Listed By

S Jay McGinnis

Coldwell Banker Bain License #26796 Listed on: 07/26/2023

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2143722

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,182

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 86x101x74x22x80
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Bitumen Roof
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 4,968 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 15 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Willowbrook Div 1 Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424400000700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,182

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1971
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Willowbrook Div 1
  • New Construction: No
  • CalculatedSquareFootage: 4968
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 2
  • Special Features: None
  • Cumulative Days on Market: 268

Interior Features

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

Exterior Features

  • Roof: Metal, Torch Down
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Post & Pillar, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 15
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 6504

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 500

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00424400000700
  • Lot Size Acres: 0.2
  • Lot Size: 86x101x74x22x80
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio
  • MLSLotSizeSource: SCR

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.98
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 7275

Multi Family

  • Gross Scheduled Income: 87300
  • Net Operating Income: 65904
  • Number Of Units Total: 4
  • Electric Expense: 1000
  • Insurance Expense: 3710
  • Leasable Area: 4968
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 31, 2023
Sold by
Jt Hutchinson Llc
Bought by
Alfi Brian and Alfi Kimberly
Seller's Agent
S Jay McGinnis
Coldwell Banker Bain
Buyer's Agent
Brian Alfi
Windermere R.E. Shoreline
List Price
$1,570,000
Sold Price
$1,400,000
Premium/Discount to List
-$170,000
-10.83%
Total Days on Market
6
Views
24
Current Estimated Value
$1,518,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,681
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,038,000
Outstanding Balance
$1,023,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$523,725

Purchase Details

Closed on
Sep 26, 2018
Sold by
Hutchinson Theodore C and Hutchinson Jane E
Bought by
Jt Hutchinson Llc

Purchase Details

Closed on
Mar 22, 2000
Sold by
Scott Ronald
Bought by
Hutchinson Ted C and Hutchinson Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.34%

Purchase Details

Closed on
Mar 21, 2000
Sold by
Obrien Donald Alfred and Obrien Adelaide M
Bought by
Scott Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.34%

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
Alfi Brian $1,400,000 Chicago Title
Jt Hutchinson Llc -- None Available
Hutchinson Ted C $565,000 Century Title & Escrow
Scott Ronald $115,000 Century Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfi Brian $1,038,000
Previous Owner Hutchinson Ted C $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2023 09/11/23 Sold $1,400,000 -10.8% $282 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,570,000 -- $316 / 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 $10,657 $1,400,000 $511,100 $888,900
2024 $10,657 $1,511,000 $511,100 $999,900
2023 $10,182 $1,496,000 $265,700 $1,230,300
2022 $8,601 $1,039,000 $204,700 $834,300
2020 $9,220 $993,000 $198,200 $794,800
2019 $7,720 $838,000 $193,800 $644,200
2018 $6,773 $635,000 $185,100 $449,900
2017 $6,404 $629,000 $132,900 $496,100
2016 $5,617 $547,000 $132,900 $414,100
2015 $5,376 $493,000 $132,900 $360,100
2013 $4,239 $367,000 $150,300 $216,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2143722

Northwest Multiple Listing Service (NWMLS)

APN: 004244-000-007-00