NOT LISTED FOR SALE

Estimated Value: $1,385,000 - $1,578,640

8 Beds
4 Baths
3,800 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $925,000 $243 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,875/month

3 Days on Market

Highlights

  • Thermal Windows
  • Edmonds Woodway High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of June 2017

This 4 Plex has been meticulously maintained and finding tenants is never an issue. It is a quiet dead end location in Edmonds. Lots of parking and a W/D in each unit. 2 of the units are 3 bedroom 1 3/4 bath, the other 2 are 1 bed 1 bath. The seller keeps his properties close to perfect. The entry has a foyer for privacy and security. Seller is leaving the country mid August, bring your buyers ready to go. Hurry! This one won't last.

Last Agent to Sell the Property

Theresa Neal

Agile Property Management LLC License #111615 Listed on: 05/25/2017

Co-Listed By

Wendy Pedersen

Every Door Real Estate License #112128

Last Buyer's Agent

Dina Chebotareva

HomeSmart Real Estate Assoc License #119374

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1132283

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1986

Lot Details

  • 7,884 Sq Ft Lot
  • Lot Dimensions are 73 x 108
  • Street terminates at a dead end

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Hansbury Sound View Condos
  • Edmonds Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 004
  • Assessor Parcel Number 00463300400103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,285

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1986
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hansbury Sound View
  • New Construction: No
  • CalculatedSquareFootage: 3800
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 297

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Edmonds
  • WaterCompany: City of Edmonds
  • WaterSewerGarbage: 4200

Schools

  • Junior High Dist: Edmonds

Lot Info

  • Parcel Number: 00463300400103
  • Lot Size Acres: 0.181
  • Lot Size: 73 X 108
  • Lot Size Sq Ft: 7884
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 5370

Multi Family

  • Gross Scheduled Income: 64440
  • Net Operating Income: 50088
  • Number Of Units Total: 4
  • Insurance Expense: 1000
  • Leasable Area: 3800
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Jun 26, 2017
Sold by
Norman Kelly D and Kelly D Norman Trust
Bought by
Domar Acacio M
Seller's Agent
Theresa Neal
Agile Property Management LLC
Buyer's Agent
Dina Chebotareva
HomeSmart Real Estate Assoc
List Price
$910,000
Sold Price
$925,000
Premium/Discount to List
$15,000
1.65%
Current Estimated Value
$1,453,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,910
Avg. Annual Appreciation
4.63%
Original Mortgage
$693,750
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Norman Kelly D
Bought by
Norman Kelly D
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
Domar Acacio M $925,000 First American
Norman Kelly D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domar Acacio M $1,102,500
Closed Domar Acacio M $143,700
Closed Domar Acacio M $693,750
Previous Owner Norman Kelly D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $925,000 +1.6% $243 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $910,000 -- $239 / 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 $9,311 $1,320,000 $539,300 $780,700
2024 $9,311 $1,320,000 $539,300 $780,700
2023 $8,897 $1,307,000 $271,000 $1,036,000
2022 $8,138 $983,000 $209,000 $774,000
2020 $7,541 $812,000 $190,300 $621,700
2019 $6,312 $685,000 $184,100 $500,900
2018 $5,536 $519,000 $175,900 $343,100
2017 $5,285 $519,000 $161,400 $357,600
2016 $4,806 $468,000 $161,400 $306,600
2015 $4,603 $422,000 $161,400 $260,600
2013 $3,627 $314,000 $184,100 $129,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1132283

Northwest Multiple Listing Service (NWMLS)

APN: 004633-004-001-03