NOT LISTED FOR SALE

Estimated Value: $582,000 - $664,000

4 Beds
2 Baths
1,560 Sq Ft
$404/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $343,000 $220 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,844/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Partially Fenced Property
  • Territorial View
  • Patio
  • Wood Siding

About This Home

As of June 2017

Perfect investment opportunity in a great location! Both units have long-term tenants and unit 912 has been completely updated. Large 12,000+ sqft lot. Close to Boeing, schools, shopping, and more! Don't miss this one!

Last Listed By

Ronald Nugent

Windermere Real Estate M2 LLC License #4563 Listed on: 05/15/2017

Windermere Real Estate M2 LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1106514

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 122 x 15 x 85 x 126 x 98
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Challenger Elementary School
  • Explorer Mid Middle School
  • Mariner High School

Utilities

  • Cable TV Available

Community Details

  • Olivia Park Div 1 Condos
  • South Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 000 D-01
  • Assessor Parcel Number 535200002201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,838

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1960
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olivia Park Div 1
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 265

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Annual Fuel Expense: 720

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Explorer Mid

Lot Info

  • Parcel Number: 535200002201
  • Lot Size Acres: 0.29
  • Lot Size: 122 x 15 x 85 x 126 x 98
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 22

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2100

Tax Info

  • Year: 2016

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1320
  • Leasable Area: 1400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Challenger Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2017
Closed on
Jun 28, 2017
Sold by
Burgess Kevin P and Boisen Page S
Bought by
Valdez Suzanna M
Seller's Agent
Ronald Nugent
Windermere Real Estate M2 LLC
Buyer's Agent
Kay Whims
Rockwell Realty LLC
List Price
$325,000
Sold Price
$343,000
Premium/Discount to List
$18,000
5.54%
Total Days on Market
4
Current Estimated Value
$629,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,616
Avg. Annual Appreciation
7.82%
Original Mortgage
$331,552
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2011
Sold by
Burgess Arriane M
Bought by
Burgess Kevin P

Purchase Details

Closed on
Oct 27, 2005
Sold by
Gilchriest Janet
Bought by
Burgess Kevin P and Burgess Arriane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 18, 1999
Sold by
Gilchriest James
Bought by
Gilchriest Janet

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
Valdez Suzanna M $343,000 First American Title Ins Co
Burgess Kevin P -- None Available
Burgess Kevin P $321,280 The Talon Group
Gilchriest Janet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Suzanna M $308,200
Closed Valdez Suzanna M $331,552
Previous Owner Burgess Kevin P $233,194
Previous Owner Burgess Kevin P $256,800
Previous Owner Gilchriest Janet K $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $343,000 +5.5% $220 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $325,000 -- $208 / 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 $3,838 $510,000 $393,800 $116,200
2024 $3,838 $495,000 $376,900 $118,100
2023 $3,554 $470,000 $360,000 $110,000
2022 $3,673 $421,000 $254,400 $166,600
2020 $3,108 $358,000 $231,300 $126,700
2019 $2,812 $328,000 $158,000 $170,000
2018 $2,679 $269,000 $140,000 $129,000
2017 $2,472 $254,000 $140,000 $114,000
2016 $2,270 $231,000 $94,000 $137,000
2015 $2,327 $214,000 $94,000 $120,000
2013 $2,452 $210,000 $94,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1106514

Northwest Multiple Listing Service (NWMLS)

APN: 005352-000-022-01