Listed by Real Property Associates
NOT LISTED FOR SALE

Estimated Value: $714,000 - $817,000

4 Beds
6 Baths
2,460 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $468,900 $191 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,947/month

48 Days on Market

Highlights

  • RV Access or Parking
  • 0.38 Acre Lot
  • Secluded Lot
  • Hillcrest Elementary School Rated A-
  • Deck
  • Territorial View

About This Home

As of August 2019

Duplex on private drive. Very clean units. Both unites have long term tenants. Layouts feature great living areas and 2.5 baths per side/ One car garages plus room to park two more cars each! Long term tenants are on month-to-month leases subject to tenants rights. Rents are below market,this is a fantastic investment property in the Lake Stevens schools. No sign on property,do not disturb tenants, interior inspection w/ signed around purchase & sale agreement only. Do not miss this opportunity.

Last Agent to Sell the Property

Heidi Bardue

Real Property Associates License #2699 Listed on: 07/12/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1491093

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,902

Year Built

  • Built in 1992

Lot Details

  • 0.38 Acre Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Schools

  • Lake Stevens Middle School
  • Lake Stevens Snr Hig High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29051300303200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,902

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1992
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2460
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 392

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, Paved, Secluded
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Lake Stevens Sewer District
  • WaterCompany: PUD
  • WaterSewerGarbage: 344

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Lake Stevens
  • High School: Lake Stevens Snr Hig
  • Middle Or Junior School: Lake Stevens Middle

Lot Info

  • Parcel Number: 29051300303200
  • Lot Size Acres: 0.38
  • Lot Size Sq Ft: 16553
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,RV Parking
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4902

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 300
  • Leasable Area: 2400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Oct 4, 2019
Sold by
Heggie Properties Llc
Bought by
Clement Irlanda
Seller's Agent
Heidi Bardue
Real Property Associates
List Price
$485,000
Sold Price
$468,900
Premium/Discount to List
-$16,100
-3.32%
Current Estimated Value
$810,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,987
Avg. Annual Appreciation
8.92%
Original Mortgage
$375,120
Outstanding Balance
$334,356
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$444,392

Purchase Details

Closed on
Jun 8, 2017
Sold by
Heggie Eric D and Heggie Lori Renee
Bought by
Heggie Properties Llc

Purchase Details

Closed on
Feb 12, 2008
Sold by
Heggie Eric D
Bought by
Heggie Eric D and Heggie Lori R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2005
Sold by
Heggie Lori
Bought by
Heggie Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Clement Irlanda $468,900 Fidelity Natl Ttl Co Of Wa I
Heggie Properties Llc -- None Available
Heggie Eric D $56,179 Chicago Title Insurance Co
Heggie Eric D $11,235 Stewart Title
Haggie Eric D $285,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clement Irlanda $375,120
Previous Owner Heggie Eric D $212,450
Previous Owner Heggie Eric D $239,000
Previous Owner Haggie Eric D $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Pending -- -- --
08/29/2019 08/29/19 Sold $468,900 0.0% $191 / Sq Ft
08/22/2019 08/22/19 Price Changed $468,900 -3.3% $191 / Sq Ft
07/12/2019 07/12/19 For Sale $485,000 -- $197 / 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 $5,617 $638,900 $287,100 $351,800
2024 $5,617 $606,000 $266,400 $339,600
2023 $5,598 $655,500 $270,900 $384,600
2022 $5,538 $511,600 $222,300 $289,300
2020 $5,356 $462,000 $189,900 $272,100
2019 $4,912 $415,400 $168,300 $247,100
2018 $4,873 $388,200 $144,900 $243,300
2017 $3,831 $341,600 $115,200 $226,400
2016 $3,736 $309,300 $111,600 $197,700
2015 $3,586 $275,000 $89,100 $185,900
2013 $3,365 $225,700 $53,500 $172,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1491093

Northwest Multiple Listing Service (NWMLS)

APN: 290513-003-032-00