NOT LISTED FOR SALE

8035 53rd Ave W Unit A & B Mukilteo, WA 98275

Estimated Value: $933,000 - $1,463,225

6 Beds
4 Baths
4,484 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $537,000 $120 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,351/month

3 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Property is in very good condition
  • Mukilteo Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of May 2014

Solid Investment both units rented. Each unit has the ability to be 4 bedm OR 3 and a den .Lives as large as a single family home. Over 2000 sq ft per each unit. Over sized Master with 5 piece en-suite. Formal living and dining, open chefs kitchen and Family room with fireplace. inside laundry room .
Hardy plank type siding for easy maintenance. Sited on a large corner lot, each unit has a private patio perfect for bar- b- cues and outdoor gardening.

Last Agent to Sell the Property

Donna McCampbell

RE/MAX Northwest License #16864 Listed on: 04/21/2014

RE/MAX Northwest

Last Buyer's Agent

Soo Paik

Windermere RE Greenwood License #12070

Windermere RE Greenwood

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 622897

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,686

Year Built

  • Built in 1998

Lot Details

  • 10,019 Sq Ft Lot
  • Street terminates at a dead end
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Block Foundation
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 4,484 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Mukilteo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1155109
  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,686

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4484
  • Special Features: None
  • Cumulative Days on Market: 291

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Block
  • Property Condition: Very Good
  • Structure Type: Duplex
  • ConstructionMethods: Double Wall,Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 1155109
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Double Wall
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 33600
  • Net Operating Income: 16490
  • Number Of Units Total: 2
  • Insurance Expense: 1054
  • Leasable Area: 4484
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2015
Sold by
Oh Suk Yeon
Bought by
Oh Suk Yeon
Total Days on Market
3
Current Estimated Value
$1,236,056

Purchase Details

Listed on
Apr 21, 2014
Closed on
May 23, 2014
Sold by
Possession Bay Properties Llc
Bought by
Oh Seho and Oh Suk Yeon
Seller's Agent
Donna McCampbell
RE/MAX Northwest
Buyer's Agent
Soo Paik
Windermere RE Greenwood
List Price
$520,000
Sold Price
$537,000
Premium/Discount to List
$17,000
3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$402,750
Outstanding Balance
$134,895
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$1,084,858

Purchase Details

Closed on
Jun 30, 2003
Sold by
Wade Mcdonald Construction Inc
Bought by
Possession Bay Properties Llc

Purchase Details

Closed on
Nov 30, 2002
Sold by
Wade Mcdonald Construction Inc
Bought by
Possession Bay Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.12%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 13, 1993
Sold by
Cosa Anthony and Cosa Maybelle
Bought by
Wade Davis Construction Inc
Source: Public Records

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
Oh Suk Yeon -- None Available
Oh Seho $537,000 First American Title Ins Co
Possession Bay Properties Llc $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Seho $402,750
Previous Owner Possession Bay Properties Llc $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $537,000 +3.3% $120 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $520,000 -- $116 / 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 $9,496 $1,277,000 $360,300 $916,700
2024 $9,496 $1,277,000 $350,300 $926,700
2023 $8,980 $1,246,000 $350,300 $895,700
2022 $9,518 $1,133,000 $320,200 $812,800
2020 $6,033 $720,800 $320,200 $400,600
2019 $5,413 $660,000 $307,700 $352,300
2018 $5,397 $572,000 $280,100 $291,900
2017 $4,739 $520,000 $139,000 $381,000
2016 $4,498 $490,000 $133,000 $357,000
2015 $3,772 $370,000 $130,000 $240,000
2013 $3,686 $340,000 $144,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 622897

Northwest Multiple Listing Service (NWMLS)

APN: 006116-000-060-02