NOT LISTED FOR SALE

9706 16th Place SE Unit A & B Lake Stevens, WA 98258

Glenwood Neighborhood

Estimated Value: $868,673 - $953,000

4 Beds
4 Baths
2,816 Sq Ft
$322/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $810,000 $288 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,412/month

63 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Partially Fenced Property
  • Skyline Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of December 2022

Sensational investment opportunity in the heart of beautiful Lake Stevens! This duplex features two units in good condition & carry the potential to come w/fantastic, long-term tenants who are currently on month to month leases. Each unit has large loft in addition to the two bedrooms. These units have always rented as 3 bedroom units, not 2 bdrm! Designed to live like a single family home, both units feature soaring spaces with amenities that include propane fireplaces, hardwoods, large 2-car garages, and an oversized loft area that could be converted to an additional bedroom. The one half wall overlooks the living room for a very aesthetically pleasing feel. Comparative rental rates in the area are $2650/month for a potential 5% CAP Rate.

Last Agent to Sell the Property

Julian Flunder

COMPASS License #120082 Listed on: 10/06/2022

COMPASS

Last Buyer's Agent

Sharlane Chase

Windermere Real Estate Co. License #124433

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2004775

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 1993

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,816 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Skyline Elementary School
  • Lake Stevens Middle School
  • Lake Stevens Snr Hig High School

Utilities

  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Stevens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00457000000705

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,120

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1993
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2816
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 324

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Interior Amenities: Hardwood, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Propane
  • PowerCompany: PUD
  • SewerCompany: Lake Stevens
  • WaterCompany: Lake Stevens
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 2388

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Stevens
  • High School: Lake Stevens Snr Hig
  • Middle Or Junior School: Lake Stevens Middle

Lot Info

  • Parcel Number: 00457000000705
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17.16
  • LeasedItems: None
  • TotalMonthlyIncome: 4350

Multi Family

  • Gross Scheduled Income: 52200
  • Net Operating Income: 42222
  • Number Of Units Total: 2
  • Insurance Expense: 1470
  • Leasable Area: 2816
  • EnergySource: Electric,Propane
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6120

MLS Schools

  • Elementary School: Skyline Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 16, 2022
Sold by
Turner Robert M
Bought by
Stewart Sher Shelley and Stewart Mark Sher
Seller's Agent
Julian Flunder
COMPASS
Buyer's Agent
Sharlane Chase
Windermere Real Estate Co.
List Price
$895,950
Sold Price
$810,000
Premium/Discount to List
-$85,950
-9.59%
Total Days on Market
63
Views
31
Current Estimated Value
$907,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,418
Avg. Annual Appreciation
4.69%
Original Mortgage
$405,000
Outstanding Balance
$394,916
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$512,502

Purchase Details

Closed on
Apr 4, 2019
Sold by
Turner Colleen H
Bought by
Turner Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,800
Interest Rate
8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Stewart Sher Shelley $810,000 Cw Title
Turner Robert M -- Nextitle A Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Sher Shelley $405,000
Previous Owner Turner Robert M $401,800
Previous Owner Turner Robert M $752,911
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $810,000 -1.2% $288 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $819,950 -4.7% $291 / Sq Ft
11/24/2022 11/24/22 Price Changed $859,950 -4.0% $305 / Sq Ft
11/16/2022 11/16/22 For Sale $895,950 0.0% $318 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $895,950 -- $318 / 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 $7,151 $836,400 $325,000 $511,400
2024 $7,151 $780,000 $292,000 $488,000
2023 $6,798 $803,100 $303,000 $500,100
2022 $6,370 $596,200 $220,000 $376,200
2020 $5,041 $432,000 $186,000 $246,000
2019 $1,283 $119,000 $119,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Julian Flunder

    Seller's Agent in 2022

    Julian Flunder

    Avenue Properties

    (425) 299-5858

    1 in this area

    51 Total Sales

    Julian Flunder
    Section Image
  • Sharlane Chase

    Buyer's Agent in 2022

    Sharlane Chase

    Windermere Corporate

    (206) 291-8694

    1 in this area

    101 Total Sales

    Sharlane Chase
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2004775

Northwest Multiple Listing Service (NWMLS)

APN: 004570-000-007-05

Washington Snohomish County Lake Stevens 98258 Glenwood

9706 16th Place SE Unit A & B, Lake Stevens, WA

This home is located at 9706 16th Place SE Unit A & B, Lake Stevens, WA 98258 since 06 October 2022 and is currently estimated at $907,418, approximately $322 per square foot. This property was built in 1993. 9706 16th Place SE Unit A & B is a home located in Snohomish County with nearby schools including Skyline Elementary School, Lake Stevens Middle School, and Cavelero Mid High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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