$795,000 Price Analysis    ♡   Lynnwood, WA 98037 Unknown bed None bath 1,560 SqFt ($509/SqFt) 9,583SqFt lot. Built 1963 Listed 2024-05-14, Taxes $5,421 | Ⓧ USDA Ineligible due to price & location near Lynnwood |
Investor's dream!
* No Longer For Sale *
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Newly remodeled duplex residence in prime Lynnwood loction. Each unit has 2 bedrooms, 1 bath, ample parking. Near parks, library, pool and Lynnwood Transit Center with upcoming light rail service. Modern kitchens with new cabinets, quartz countertops and high-end appliances.
Luxury viny l plank floors throughout. Large private backyards with storage sheds on a quiet dead-end street. Current tenants eager to stay, paying prime current rates. Leases are up in July and Aug. You don't want to miss this opportunity to get two doors for the price of one!
Presented by Nicole Boxley at
North Pacific Properties LLC.
Property MLS #2237327 from NWMLS
Flooring: Ceramic Tile, Vinyl Plank
Heating Fuel: Electric
Heating: Yes
Wood Products
Open Parking Spaces: 4
Open Parking: Yes
Parking Total: 6
Lot Size Acres: 0.2199954
Lot Size Dimensions: 130' by 70'
Lot Size Square Feet: 9583
High School: Buyer To Verify
High School District: Edmonds
Middle School: Buyer To Verify
Map directions Map directions Map directions Map directionsLeasable Area: 1560
Leasable Area Units: Square Feet
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Description: 4222
Unit-2 Description: 4224
Unit-1 Square Feet: 780
Unit-2 Square Feet: 780
Unit 1 Total Actual Rent: 2200
Unit 2 Total Actual Rent: 2300
Source Listing Status: Sold
Country Region: US
County: Snohomish
Cap Rate: 5.3
Directions: I-5 S, Exit 183, R on ramp to Alderwood Mall Pkwy, Merge onto 164th ST SW, L on 176th Pl SW.I-5 N, Exit 181A for 44th Ave, L on 44th Ave W, R on 176th PL SW.
Tax Year: 2024
Other Expense: 3000
Source Property Type: Multi-Family
Possible Use: Multi-Family, Residential
Insurance Expense: 1306
Area: 730 - Southwest Snohomish
List Development Name: Lynnwood
Source Neighborhood: Lynnwood
Parcel Number: 00372700601803
Postal Code Plus 4: 7416
Street Suffix Modifier: Place
Subdivision: Lynnwood
Zoning: MultiFamily, Residential
Lot Number: 18
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $226,500 + $310,400 $536,900 | $5,421 |
| 2022 | $210,100 + $282,300 $492,400 | $4,896 |
| 2021 | $210,100 + $282,300 $492,400 | $4,480 |
| 2020 | $198,800 + $260,000 $458,800 | $4,717 |
| 2019 | $168,300 + $242,000 $410,300 | $4,203 |
| 2018 | $158,000 + $212,000 $370,000 | $4,272 |
| 2017 | $145,300 + $176,000 $321,300 | $3,401 |
| 2016 | $139,500 + $156,000 $295,500 | $3,124 |
| 2015 | $124,500 + $140,000 $264,500 | $2,974 |
| 2014 | $96,400 + $126,000 $222,400 | $2,516 |
| 2013 | $93,900 + $110,000 $203,900 | $2,418 |
| 2012 | $79,000 + $118,000 $197,000 | $2,235 |
| 2011 | $54,100 + $160,000 $214,100 | $2,188 |
| 2010 | $119,700 + $180,000 $299,700 | $2,636 |
| 2009 | $94,700 + $205,000 $299,700 | $2,445 |
| 2008 | $87,200 + $200,000 $287,200 | $2,355 |
$800,000
NWMLS
Listed 2024-05-14
$795,000
NWMLS
Sold 2021-10-22
$415,000
Public Record
Sold 1995-12-15
$139,950
Public Record
Sold 1989-01-24
$82,500
Public Record
Operating Expense: 11278
Sewer: Sewer Connected
Water Source: Public
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 61
Property Condition: Good
Roof: Built-Up, Flat
Building Total Stories: 1
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet
Year Built Effective: 1963
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.