Listed by CENTURY 21 North Homes Realty, Bought with Real Broker LLC
NOT LISTED FOR SALE

Estimated Value: $601,000 - $746,000

4 Beds
2 Baths
1,664 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $510,000 $306 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,907/month

3 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Cul-De-Sac
  • Hillcrest Elementary School Rated A-
  • Thermal Windows
  • Wood Siding

About This Home

As of March 2023

There isn't a better location to Target, Frontier Village and Transit Station. Both units are 2 bed, 1 bath with large 1 car garage for each unit. Incredible investor opportunity! Rents are well below market rate. The over 12,000 sq ft lot is fenced and each unit is separated. With a newer roof this duplex needs freshening up to maximize rental income. Tremendous ROI(Return on Investment) potential rarely hits the market like this duplex. No sign on property. 2023 tax assessment $599,900

Last Agent to Sell the Property

Rob Bennett

CENTURY 21 North Homes Realty License #9460 Listed on: 12/30/2022

CENTURY 21 North Homes Realty

Last Buyer's Agent

Chuck Weinberg

Real Broker LLC License #123603

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2024149

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,598

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

  • Hillcrest Elementary School
  • Cavelero Middle School
  • Lake Stevens Snr Hig High School

Community Details

  • No Home Owners Association
  • Lake Stevens Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 00662100000800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,598

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1664
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: LKS
  • WaterCompany: PUD
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 3500

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: Cavelero

Lot Info

  • Parcel Number: 00662100000800
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 8

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 25
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 21700
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1664
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4598

MLS Schools

  • Elementary School: Hillcrest Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2022
Closed on
Mar 1, 2023
Sold by
Kulishov Nellya
Bought by
Kulishov Philip
Seller's Agent
Rob Bennett
CENTURY 21 North Homes Realty
Buyer's Agent
Chuck Weinberg
Real Broker LLC
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Views
40
Current Estimated Value
$663,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,392
Avg. Annual Appreciation
11.48%
Original Mortgage
$382,500
Outstanding Balance
$373,778
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$300,547

Purchase Details

Listed on
Dec 30, 2022
Closed on
Feb 24, 2023
Sold by
Bennett Robert W and Bennett Rhonda J
Bought by
Kulishov Philip
Seller's Agent
Rob Bennett
CENTURY 21 North Homes Realty
Buyer's Agent
Chuck Weinberg
Real Broker LLC
List Price
$550,000
Sold Price
$510,000
Premium/Discount to List
-$40,000
-7.27%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$373,778
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$300,547

Purchase Details

Closed on
Oct 28, 1998
Sold by
Dujardin Lorraine
Bought by
Bennett Robert W and Bennett Rhonda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.6%
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 Buyer Sale Price Title Company
Kulishov Philip -- Chicago Title
Kulishov Philip -- Chicago Title
Bennett Robert W $135,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulishov Philip $100,000
Open Kulishov Philip $382,500
Previous Owner Bennett Robert W $260,000
Previous Owner Bennett Robert W $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2023 03/01/23 Sold $510,000 -7.3% $306 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
12/30/2022 12/30/22 For Sale $550,000 -- $331 / 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 $4,843 $554,200 $349,000 $205,200
2024 $4,843 $518,200 $313,000 $205,200
2023 $5,146 $599,900 $323,000 $276,900
2022 $4,848 $441,400 $234,000 $207,400
2020 $4,348 $368,800 $198,000 $170,800
2019 $3,965 $329,500 $177,000 $152,500
2018 $3,809 $301,500 $150,000 $151,500
2017 $3,252 $289,600 $126,000 $163,600
2016 $3,084 $254,400 $113,000 $141,400
2015 $2,705 $205,200 $97,000 $108,200
2013 $2,855 $191,200 $62,000 $129,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2024149

Northwest Multiple Listing Service (NWMLS)

APN: 006621-000-008-00