NOT LISTED FOR SALE

Estimated Value: $776,354 - $932,000

4 Beds
2 Baths
1,960 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $427,000 $218 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,174/month

21 Days on Market

Highlights

  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-
  • 1-Story Property

About This Home

As of April 2016

BRICK Duplex in Edmonds! Well maintained easy to rent located close to Swedish Hospital and schools with easy access to freeways for commuters. The property is great zoned RM2.4 with room for 2 additional units. The larger back unit is vacant for showing. Rents are below market for upside potential. Tenants pay all utilities. W/D in each unit. It would be perfect as an owner occupied as the units are off the street with a private fenced back yard. Covered off street parking. This one won't last!

Last Listed By

Theresa Neal

Agile Property Management LLC License #111615 Listed on: 02/01/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 890753

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 64 x 152
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

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

Community Details

  • Hadleys Acre Condos
  • Chase Lake Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 12
  • Assessor Parcel Number 00461000101201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,099

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hadleys Acre
  • New Construction: No
  • CalculatedSquareFootage: 1960
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 267

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 00461000101201
  • Lot Size Acres: 0.22
  • Lot Size: 64 X 152
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2625

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3099

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 863
  • Leasable Area: 1960
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Chase Lake Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2016
Closed on
Mar 29, 2016
Sold by
218Th Street Llc
Bought by
Marcy Frederick E and Marcy Rebecca
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Margo Christophilis
KW Greater Seattle
List Price
$435,000
Sold Price
$427,000
Premium/Discount to List
-$8,000
-1.84%
Total Days on Market
21
Current Estimated Value
$863,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,339
Avg. Annual Appreciation
7.41%
Original Mortgage
$429,030
Outstanding Balance
$347,817
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$472,786

Purchase Details

Closed on
Mar 10, 2006
Sold by
Smith Timothy Alan and Smith Anita H
Bought by
218Th Street Llc

Purchase Details

Closed on
Oct 4, 2005
Sold by
Dto Llc
Bought by
Smith Timothy Alan and Smith Anita H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2005
Sold by
Osborne Tam R and Osborne Debra J
Bought by
Dto Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Thompson Donald L and Thompson Fern E
Bought by
Osborne Tam R and Osborne Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.89%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Williams Paul M and Williams Patricia H
Bought by
Thompson Donald L and Thompson Fern E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
8.25%

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
Marcy Frederick E $427,000 First American
218Th Street Llc -- None Available
Smith Timothy Alan $385,000 Lawyers Title Agency Of Wash
Dto Llc $42,134 --
Osborne Tam R $265,000 Lawyers Title Agency
Thompson Donald L $169,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcy Frederick E $429,030
Previous Owner Smith Timothy Alan $288,750
Previous Owner Osborne Tam R $212,000
Previous Owner Thompson Donald L $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $427,000 -1.8% $218 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $435,000 -- $222 / 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 $4,379 $700,000 $517,900 $182,100
2024 $4,379 $620,000 $474,000 $146,000
2023 $3,682 $540,000 $414,700 $125,300
2022 $3,895 $470,000 $350,900 $119,100
2020 $4,164 $448,000 $281,000 $167,000
2019 $4,131 $448,000 $234,800 $213,200
2018 $4,503 $422,000 $210,800 $211,200
2017 $3,891 $382,000 $196,500 $185,500
2016 $3,124 $304,000 $191,700 $112,300
2015 $3,099 $284,000 $182,100 $101,900
2013 $3,062 $265,000 $182,100 $82,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 890753

Northwest Multiple Listing Service (NWMLS)

APN: 004610-001-012-01