NOT LISTED FOR SALE

8130 242nd St SW Edmonds, WA 98026

Esperance Neighborhood

Estimated Value: $1,354,000 - $1,468,000

8 Beds
4 Baths
3,964 Sq Ft
$362/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $477,500 $120 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $8,315/month

6 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Edmonds Woodway High School Rated A-

About This Home

As of December 2012

Very well maintained 4-plex in Edmonds. Instant cash flow! 4 long term tenants, rents have never been raised. Each unit is appx. 1,000 sq. ft. and features 2 bedrooms and 1 full bath and newer appliances including washer/dryer. Upstairs units have vaulted ceilings and fireplaces. Short walk to Mathay Ballinger Park. Close to I-5, Lake Ballinger and shopping. Convenient to all bus routes.

Last Buyer's Agent

Samuel Hilbert

Windermere RE/Capitol Hill,Inc License #98379

Windermere RE/Capitol Hill,Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 411179

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,821

Year Built

  • Built in 1981

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 90 x 93.27
  • Street terminates at a dead end
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,964 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Westgate Elemwg Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Utilities

  • Cable TV Available

Community Details

  • Lake Mcaleer Condos
  • Lake Ballinger Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 00491100001503

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,821

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lake McAleer
  • CalculatedSquareFootage: 3964
  • Special Features: None
  • Cumulative Days on Market: 344

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 3796

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00491100001503
  • Lot Size Acres: 0.2
  • Lot Size: 90 x 93.27
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 15

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3300

Multi Family

  • Gross Scheduled Income: 39600
  • Net Operating Income: 17030
  • Number Of Units Total: 4
  • Insurance Expense: 1234
  • Leasable Area: 3964
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3821

MLS Schools

  • Elementary School: Westgate ElemWg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Dec 6, 2012
Sold by
Hopper Gary M
Bought by
Cooney Sean L
Buyer's Agent
Samuel Hilbert
Windermere RE/Capitol Hill,Inc
List Price
$500,000
Sold Price
$477,500
Premium/Discount to List
-$22,500
-4.5%
Current Estimated Value
$1,374,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,719
Avg. Annual Appreciation
9.02%
Original Mortgage
$232,500
Outstanding Balance
$163,786
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,260,456

Purchase Details

Closed on
Oct 18, 2012
Sold by
Cooney Netima
Bought by
Cooney Sean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$163,786
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,260,456
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Cooney Sean L $465,280 Fidelity National Title
Cooney Sean L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooney Sean L $232,500
Previous Owner Esperance Development Llc $162,000
Previous Owner Hopper Gary M $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2012 12/18/12 Sold $477,500 -4.5% $120 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $500,000 -- $126 / 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 $8,705 $1,234,000 $544,600 $689,400
2024 $8,705 $1,234,000 $557,200 $676,800
2023 $8,319 $1,222,000 $285,300 $936,700
2022 $8,030 $970,000 $220,000 $750,000
2020 $7,503 $808,000 $200,400 $607,600
2019 $6,284 $682,000 $193,800 $488,200
2018 $5,515 $517,000 $185,100 $331,900
2017 $5,265 $517,000 $169,900 $347,100
2016 $4,786 $466,000 $169,900 $296,100
2015 $4,581 $420,000 $169,900 $250,100
2013 $3,604 $312,000 $193,800 $118,200
Source: Public Records

Agents Affiliated with this Home

  • Samuel Hilbert

    Buyer's Agent in 2012

    Samuel Hilbert

    Windermere Corporate

    (206) 395-8767

    28 Total Sales

    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 411179

Northwest Multiple Listing Service (NWMLS)

APN: 004911-000-015-03

Washington Snohomish County Edmonds 98026 Esperance

8130 242nd St SW, Edmonds, WA

This home is located at 8130 242nd St SW, Edmonds, WA 98026 since 03 October 2012 and is currently estimated at $1,434,413, approximately $361 per square foot. This property was built in 1981. 8130 242nd St SW is a home located in Snohomish County with nearby schools including Westgate Elementary School, College Place Middle School, and Edmonds Woodway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes