Listed by Williams Real Estate Brokers, Bought with The Preview Group
$307,000
SOLD DEC 21, 2012
-- Bed
-- Bath
3,088 Sq Ft
0.25 Acres

Recently Sold

$99 Per Sq Ft

10% Below List Price

175 Days on Market

Highlights

  • Thermal Windows
  • Cul-De-Sac
  • Wood Siding
  • Hillcrest Elementary School Rated A-
  • Patio
  • Wall to Wall Carpet

About This Home

As of August 2021

Great investment opportunity-Great location! 4-Plex located walking distance to Frontier Village in Lake Stevens. Area is close to schools, Lake, central bus Park & Ride and all services. Property is in good condition and always rented. All units include storage unit and Washer/Dryer's. Tenant's pay PUD (electric and water)- Hurry on this one!!!

Last Agent to Sell the Property

Dennis Sanders

Williams Real Estate Brokers License #46079 Listed on: 12/07/2011

Last Buyer's Agent

Walt Flynn

The Preview Group License #4540

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 301267

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,912

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00662600000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,912

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3088
  • SOCComments: SS negotiator fee split .25-.25%
  • Special Features: 12
  • Cumulative Days on Market: 419

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Lake Stevens
  • WaterCompany: PUD
  • WaterSewerGarbage: 4356

Schools

  • Junior High Dist: Lake Stevens

Lot Info

  • Parcel Number: 00662600000500
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 883
  • LeasedItems: None
  • TotalMonthlyIncome: 3165

Multi Family

  • Gross Scheduled Income: 38760
  • Net Operating Income: 28650
  • Number Of Units Total: 4
  • Insurance Expense: 1076
  • Leasable Area: 3088
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 6

Tax Info

  • Year: 2011
  • Tax Annual Amount: 5912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 9, 2021
Sold by
Munro Robert Paul and Munro Martha I
Bought by
Li Feiping and Huang Yu
Seller's Agent
Walt Flynn
The Preview Group
Buyer's Agent
Sherrie Chen
AgencyOne
List Price
$949,950
Sold Price
$934,950
Premium/Discount to List
-$15,000
-1.58%
Current Estimated Value
$1,057,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,442
Avg. Annual Appreciation
3.08%
Original Mortgage
$701,200
Outstanding Balance
$637,087
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$420,305

Purchase Details

Listed on
Dec 7, 2011
Closed on
Dec 14, 2012
Sold by
Rpm 5 Real Estate Holdings Llc
Bought by
Munro R Paul and Munro Martha I
Seller's Agent
Dennis Sanders
Williams Real Estate Brokers
Buyer's Agent
Walt Flynn
The Preview Group
List Price
$339,950
Sold Price
$307,000
Premium/Discount to List
-$32,950
-9.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$228,750
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
Franks Robert D and Franks Phyllis L
Bought by
Rpm5 Real Estate Holdings Llc

Purchase Details

Closed on
Apr 14, 2007
Sold by
Taylor Robert G
Bought by
Franks Robert D and Franks Phylis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,700
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 27, 2003
Sold by
Leight Andrew K
Bought by
Taylor Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,100
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Gerke John F and Gerke Renee L
Bought by
Leight Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
7.13%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $934,950 Chicago Title Company Of Wa
Warranty Deed $307,280 Rainier Title
Quit Claim Deed -- Transnation Title Ins Co
Warranty Deed $523,000 Multiple
Warranty Deed $319,000 Stewart
Warranty Deed $226,430 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $701,200 New Conventional
Closed $701,200 New Conventional
Closed $701,200 New Conventional
Previous Owner $228,750 New Conventional
Previous Owner $470,700 Negative Amortization
Previous Owner $291,500 Unknown
Previous Owner $287,100 Purchase Money Mortgage
Previous Owner $169,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Sold $934,950 -1.6% $303 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $949,950 +209.4% $308 / Sq Ft
12/21/2012 12/21/12 Sold $307,000 -9.7% $99 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
12/08/2011 12/08/11 For Sale $339,950 -- $110 / 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 $8,561 $960,000 $325,700 $634,300
2024 $8,561 $940,000 $309,800 $630,200
2023 $7,847 $932,000 $288,000 $644,000
2022 $8,186 $730,000 $239,900 $490,100
2020 $6,255 $500,000 $204,500 $295,500
2019 $6,114 $484,000 $183,400 $300,600
2018 $5,514 $422,000 $126,800 $295,200
2017 $4,179 $352,000 $144,700 $207,300
2016 $4,230 $332,000 $136,300 $195,700
2015 $4,273 $312,000 $133,500 $178,500
2013 $4,630 $300,000 $133,500 $166,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 301267

Northwest Multiple Listing Service (NWMLS)

APN: 006626-000-005-00