NOT LISTED FOR SALE

9016 236th St SW Unit 12 Edmonds, WA 98026

Sound View Neighborhood

Estimated Value: $538,000 - $563,000

4 Beds
2 Baths
1,092 Sq Ft
$505/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $600,000 $549 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,418/month

38 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • 1-Story Property
  • Edmonds Woodway High School Rated A-
  • Wall to Wall Carpet

About This Home

As of April 2024

Well located duplex just off Edmonds Way on a private access road. Both two bedroom, one bath units. Fully occupied with tenants on month/month leases. Expenses are estimated. Leases are well below market levels. Please don't disturb tenants!

Last Listed By

Eric Nissen

Real Property Associates License #21017491 Listed on: 01/30/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2186770

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,153

Year Built

  • Built in 1957

Lot Details

  • 8,712

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Sherwood Elemsw Elementary School
  • College Pl Mid Middle School
  • Edmonds Woodway High School

Additional Features

  • 8,712 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Westgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00463300400200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,153

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1957
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1092
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 276

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Slab
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 3500

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00463300400200
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 34.8
  • LeasedItems: None
  • TotalMonthlyIncome: 1525

Multi Family

  • Gross Scheduled Income: 17100
  • Net Operating Income: 10100
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1092
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2153

MLS Schools

  • Elementary School: Sherwood ElemSw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Payne R Gregory and Washington Trust Bank
Bought by
Chang Kevin
Total Days on Market
38
Current Estimated Value
$551,545

Purchase Details

Closed on
Sep 14, 1995
Sold by
Barth Perry L and Barth Frances A
Bought by
Payne Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.88%
Mortgage Type
Seller Take Back

Range of Values:

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Average Value
Not Available
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
Chang Kevin $545,000 Old Republic Title
Payne Greg $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Greg $216,000
Closed Payne Greg $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $600,000 +0.8% $549 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $595,000 -- $545 / 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 $4,148 $587,300 $487,700 $99,600
2024 $4,148 $587,200 $557,200 $30,000
2023 $2,154 $315,300 $285,300 $30,000
2022 $2,076 $250,000 $220,000 $30,000
2020 $2,099 $225,400 $200,400 $25,000
2019 $2,021 $218,800 $193,800 $25,000
2018 $2,245 $210,100 $185,100 $25,000
2017 $1,988 $194,900 $169,900 $25,000
2016 $2,005 $194,900 $169,900 $25,000
2015 $2,128 $194,900 $169,900 $25,000
2013 $2,529 $218,800 $193,800 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2186770

Northwest Multiple Listing Service (NWMLS)

APN: 004633-004-002-00