J
Seller's Agent in 2021
Joe Kinkopf
Northmarq Commercial, LLC
8204 242nd St SW Edmonds, WA 98026
Esperance NeighborhoodEstimated Value: $1,432,000 - $1,527,492
8
Beds
4
Baths
3,964
Sq Ft
$371/Sq Ft
Est. Value
About This Home
As of May 2021This 1980’s constructed 4-plex is located in Snohomish County’s premier city of Edmonds. Spacious units make this property attractive to a wide range of tenants. All large 2 bed units with in-unit laundry and private balconies. Top 2 units have vaulted ceilings. Quiet cul-de-sac location. Sitting close to transit hubs, this property allows for easy access in all direction. There is rental upside to push rents to increase owner income, rents on this property are roughly 25% below market.
Last Agent to Sell the Property
Joe Kinkopf
Northmarq Commercial, LLC Listed on: 04/19/2021
Last Buyer's Agent
Joe Kinkopf
Northmarq Commercial, LLC Listed on: 04/19/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1760089
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,970
Year Built
- Built in 1980
Lot Details
- 0.29 Acre Lot
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,964 Sq Ft Home
- 2-Story Property
Parking
- 8 Parking Spaces
- Open Parking
Community Details
- Firdale Subdivision
Listing and Financial Details
- Assessor Parcel Number 00491100001502
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2021
Closed on
May 26, 2021
Sold by
Huber Gregory L and Jaeger Joan M
Bought by
Khadeer Samreen and Ahmed Shoaib
Seller's Agent
Joe Kinkopf
Northmarq Commercial, LLC
Buyer's Agent
Joe Kinkopf
Northmarq Commercial, LLC
List Price
$1,075,000
Sold Price
$1,200,000
Premium/Discount to List
$125,000
11.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,623
Avg. Annual Appreciation
3.98%
Original Mortgage
$960,000
Outstanding Balance
$879,796
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$540,691
Purchase Details
Closed on
Jun 21, 1999
Sold by
Reisner Ronald M and Reisner D
Bought by
Huber Gregory L and Jaeger Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,200
Interest Rate
7.05%
Purchase Details
Closed on
Jan 7, 1994
Sold by
Shilati Essi and Shilati Minoo
Bought by
Reisner Ronald M and Reisner D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.38%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khadeer Samreen | $1,200,000 | Chicago Title Company Of Wa | |
| Huber Gregory L | $334,800 | Chicago Title Insurance Co | |
| Reisner Ronald M | $247,500 | Stewart Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Khadeer Samreen | $0 | |
| Open | Khadeer Samreen | $960,000 | |
| Previous Owner | Huber Gregory L | $230,288 | |
| Previous Owner | Huber Gregory L | $261,200 | |
| Previous Owner | Reisner Ronald M | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $1,200,000 | +11.6% | $303 / Sq Ft |
| 04/27/2021 04/27/21 | Pending | -- | -- | -- |
| 04/19/2021 04/19/21 | For Sale | $1,075,000 | -- | $271 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $718,200 | $515,800 |
| 2024 | $8,705 | $1,234,000 | $702,100 | $531,900 |
| 2023 | $8,319 | $1,222,000 | $413,700 | $808,300 |
| 2022 | $8,030 | $970,000 | $319,000 | $651,000 |
| 2020 | $7,503 | $808,000 | $290,500 | $517,500 |
| 2019 | $6,284 | $682,000 | $281,100 | $400,900 |
| 2018 | $5,515 | $517,000 | $268,400 | $248,600 |
| 2017 | $5,265 | $517,000 | $246,300 | $270,700 |
| 2016 | $4,786 | $466,000 | $246,300 | $219,700 |
| 2015 | $4,581 | $420,000 | $246,300 | $173,700 |
| 2013 | $3,604 | $312,000 | $281,100 | $30,900 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1760089
APN: 004911-000-015-02
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Based on information submitted to the MLS GRID
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