11113 S Lake Stevens Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

High quality value-add triplex in Lake Steven with room for growth (site is 4.19ac). This triplex features 3 large sized units, additional storage, and a 750SF unfinished extra unit. The Lake Stevens triplex is an ideal value-add play primed for further interior renovations, increased rents and low future maintenance (2008 construction).High quality value-add triplex in Lake Steven with room for growth (site is 4.19ac). This triplex features 3 large sized units, additional storage, and a 750SF unfinished extra unit. The Lake Stevens triplex is an ideal value-add play primed for further interior renovations, increased rents and low future maintenance (2008 construction).
  1. Listed by David A. Kelley • Kidder Mathews
    P: (360)-705-2800 austin.kelley@kidder.com

Property Details for 11113 South Lake Stevens Road

Community Name
Lake Stevens
School District
Lake Stevens
Number of Assigned Spaces
8
Total Covered Parking
4
Entry Date
10-19-2020
Sewer
Sewer Connected
LISTING CLOSED: 12/18/2020 12:00 AM

Property Details for 11113 South Lake Stevens Road

StatusSold
MLS #1679411
Days on Market6
Cumulative Days on Market6
Taxes$8,591 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2008
Lot Size4.19 AC / 182,516 SF
CountySnohomish County

Location

Listing Courtesy of Kidder Mathews

Sold By John L. Scott Mill Creek

Add your commute

Building Information for 11113 South Lake Stevens Road

Stories3Residences5Year Built2008Building Size-Lot Size4.19 AC / 182,516 SF

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$5,512 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,796

Property Taxes

$716

HOA Dues

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Property Information for 11113 South Lake Stevens Road

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: _760NortheastSnohom
  • Directions: HWY 2 // Follow 20th St SE // Left on S Lake Stevens Rd // Triplex sits just left before Stitch Rd.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Forced Air
  • Fireplace: No
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Preliminary Title Ordered: No
  • Special Listing Conditions: None
  • Photos Count: 10
Lot Information
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 00493000002200
  • Calculated Square Footage: 0
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 0.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 3
  • Vacancy Rate: 4
  • Number Of Units Total: 5
  • Units Below Grade: true
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10091
  • Gross Adjusted Income: 2323
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: $58,080
  • Insurance Expense: $1,500
  • Net Operating Income: $45,666
  • Other Expenses: $0
  • Total Monthly Income: 4840
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 4250.0
  • Leasable Area Units: Square Feet

Property History for 11113 South Lake Stevens Road

DateEvent & SourcePriceAppreciation
Dec 18, 2020

Sold

NWMLS #1679411

$962,500
Nov 23, 2020

Sold (Public Record)

Public Record #685658037

$962,500

+9.6% / yr

Oct 25, 2020

Pending

NWMLS #1679411

DateEvent & SourcePrice
12/18/2020

Sold

NWMLS #1679411

$962,500
11/23/2020

Sold (Public Record)

Public Record #685658037

$962,500

+9.6% / yr

10/25/2020

Pending

NWMLS #1679411

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11113 South Lake Stevens Road

Taxable ValueLand$397,900Additions$802,100Total$1,200,000
Tax Record2026$11,518 ($960 / month)
Home Facts
Baths6Total Finished SqFt6,628 SqFtAbove Ground SqFt5,060 SqFtFinished Basement SqFt1,568 SqFtStories2Lot Size182,516 SqFtStyleTriplexYear Built2008Year Renovated2008ZoningR4CountySNOHOMISHAPN004930-000-022-00

Schools near 11113 South Lake Stevens Road

This home is within Lake Stevens School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 7
Public - 8 to 9
Public - 10 to 12
Rating
School
Distance
Glenwood Elementary School
PublicK to 5

Lake Stevens Middle School
Public6 to 7

Cavelero Mid High School
Public8 to 9

Lake Stevens Sr High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kidder Mathews

Based on information submitted to the MLS GRID as of 09/05/2024 05:41 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.