NOT LISTED FOR SALE

8429 238th St SW Unit A & B Edmonds, WA 98026

Sound View Neighborhood

Estimated Value: $970,000 - $1,118,700

4 Beds
2 Baths
2,248 Sq Ft
$466/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $805,000 $358 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,339/month

6 Days on Market

About This Home

As of January 2021

Its not often a duplex is for sale, especially in these conditions! 2 bedroom, 1.5 bath and its own wood burning fireplace in each unit. New carpet and interior paint in Unit B and lightly used carpet in Unit A. Huge backyard! Each unit has its one separate 1- car garage! You can either live in one and rent out the other or rent both units out for passive income. Currently, unit A is being rented out until the end of the month. Oh, and I forgot to mention the location! GREAT LOCATION near restaurants, shopping stores, and the freeway. Great curb appeal with landscaping that continues to be cared for. Not necessarily a modern duplex, but overall very clean and fresh and move in ready.

Last Agent to Sell the Property

Erika Figueroa-Watts

TEC Real Estate Inc. License #138682 Listed on: 12/05/2020

Last Buyer's Agent

Andrew Hafzalla

Kelly Right RE of Seattle LLC License #77358

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1694319

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 1985

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,248 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Esperance Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00463300800300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,107

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2248
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 296

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00463300800300
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Tax Info

  • Year: 2020

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1130
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Jan 11, 2021
Sold by
Giarde Danielp and Giarde Karen J
Bought by
Hafzalla Wagdi R and Hafzalla Amal F
Seller's Agent
Erika Figueroa-Watts
TEC Real Estate Inc.
Buyer's Agent
Andrew Hafzalla
Kelly Right RE of Seattle LLC
List Price
$798,000
Sold Price
$805,000
Premium/Discount to List
$7,000
0.88%
Current Estimated Value
$1,046,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,675
Avg. Annual Appreciation
5.08%
Original Mortgage
$603,750
Outstanding Balance
$544,983
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$456,667
Source: Public Records

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Range of Values:

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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
Hafzalla Wagdi R $805,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hafzalla Wagdi R $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2021 01/21/21 Sold $805,000 +0.9% $358 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $798,000 -- $355 / 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 $6,107 $896,400 $558,900 $337,500
2024 $6,107 $865,300 $522,900 $342,400
2023 $6,238 $915,900 $545,400 $370,500
2022 $5,927 $715,700 $432,100 $283,600
2020 $5,246 $564,600 $338,800 $225,800
2019 $4,642 $503,600 $310,600 $193,000
2018 $4,770 $447,100 $265,800 $181,300
2017 $4,039 $396,500 $229,700 $166,800
2016 $3,671 $357,300 $203,300 $154,000
2015 $3,909 $358,300 $200,600 $157,700
2013 $2,698 $233,400 $129,400 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1694319

Northwest Multiple Listing Service (NWMLS)

APN: 004633-008-003-00