Listed by Windermere Real Estate M2 LLC, Bought with Kelly Right RE of Seattle LLC
$1,300,000
SOLD DEC 3, 2024
-- Bed
-- Bath
4,552 Sq Ft
0.28 Acres

Recently Sold

$286 Per Sq Ft

4% Below List Price

9 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Ceramic Tile Flooring
  • No HOA
  • Patio
  • Baseboard Heating

About This Home

As of December 2024

Centrally located in quaint Arlington, close to shopping & restaurants. Great income flow in this wonderful 4-unit building. Spacious one level units with 2 beds, 1.5 baths, elegant brick fireplace, open kitchen to dining & utility room. The upper units enjoy a vaulted ceiling & deck that views lush greenery. Main level units include a private covered patio. Interior finishes in several units could be updated to maximize future rents. 1 car carport for extra rent. Handy off-street parking. Newly updated main bath in unit 4, new attic & crawlspace insulation, 2022 exterior paint, 2021 new roof, 2020 new decks & more! Please Do Not disturb the tenants or walk around the building.

Last Agent to Sell the Property

Debi Bloomquist

Windermere Real Estate M2 LLC License #39298 Listed on: 11/06/2024

Windermere Real Estate M2 LLC

Co-Listed By

Tracy Bannister

Windermere Real Estate/M2, LLC License #122100

Last Buyer's Agent

Troy Mobley

Kelly Right RE of Seattle LLC License #131938

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2307114

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,552 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl Plank
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Presidents Elementary School
  • Haller Middle Sch
  • Arlington High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Arlington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 31050200402400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,140

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4552
  • Special Features: None
  • Cumulative Days on Market: 159

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Arlington
  • WaterCompany: City of Arlington
  • WaterSewerGarbage: 7513

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Arlington
  • High School: Arlington High
  • Middle Or Junior School: Haller Middle Sch

Lot Info

  • Parcel Number: 31050200402400
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • GrossRentMultiplier: 14.82
  • LeasedItems: None
  • TotalMonthlyIncome: 7588

Multi Family

  • Gross Scheduled Income: 91067
  • Net Operating Income: 70704
  • Number Of Units Total: 4
  • Insurance Expense: 3054
  • Leasable Area: 4552
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6140

MLS Schools

  • Elementary School: Presidents Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Nov 27, 2024
Sold by
Hello Ducky Pi Trust and Kurfess Paul J
Bought by
Synergy Services Group Llc
Seller's Agent
Debi Bloomquist
Windermere Real Estate/M2, LLC
Buyer's Agent
Troy Mobley
Kelly Right RE of Seattle LLC
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Total Days on Market
9
Views
3
Current Estimated Value
$1,256,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,678
Avg. Annual Appreciation
-6.61%

Purchase Details

Closed on
Dec 16, 2020
Sold by
Kurfess Paul J and Kurfess Melissa P
Bought by
Hello Ducky Pi Trust and Kurfess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,730
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2018
Sold by
Rubadue John E and Rubadue Eleanor Linda
Bought by
Kurfess Paul J and Kurfess Mellissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2006
Sold by
Goetz William R and Goetz Marilyn E
Bought by
Kurfess Paul J and Kurfess Melissa P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $1,300,000 Chicago Title
Warranty Deed $313 None Listed On Document
Quit Claim Deed $60,000 Wfg National Title Co
Warranty Deed $485,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $61,518 New Conventional
Previous Owner $368,730 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $363,750 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $1,300,000 -3.7% $286 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $1,350,000 -- $297 / 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 $6,140 $702,100 $221,500 $480,600
2024 $6,140 $714,800 $213,500 $501,300
2023 $4,973 $643,400 $196,500 $446,900
2022 $5,107 $546,900 $176,500 $370,400
2020 $4,654 $514,500 $159,900 $354,600
2019 $5,353 $577,000 $153,800 $423,200
2018 $5,616 $480,500 $147,600 $332,900
2017 $5,343 $466,500 $147,600 $318,900
2016 $5,369 $440,000 $135,300 $304,700
2015 $4,989 $394,000 $129,200 $264,800
2013 $4,863 $380,000 $129,200 $250,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2307114

Northwest Multiple Listing Service (NWMLS)

APN: 310502-004-024-00