Sold
Last Sold Price
3,125 sqft
18616 Reder Way, Bothell, WA 98011
Multi FamilyProperty Type
0.12 acresLot Size
1968Year Built
$186/sq ftPrice per sq ft
4 carsParking Spaces

Description

This attractive Fourplex is located at the center of the Downtown Bothell redevelopment. Just one block away from Café Ladro and the proposed McMenamins site. With a Walk Score of 78 this, low maintenance, easy to operate, property is a GREAT OPPORTUNITY for an owner occupant or investor to take advantage of an emerging Urban Oriented Downtown Bothell and realize a solid investment.This attractive Fourplex is located at the center of the Downtown Bothell redevelopment. Just one block away from Café Ladro and the proposed McMenamins site. With a Walk Score of 78 this, low maintenance, easy to operate, property is a GREAT OPPORTUNITY for an owner occupant or investor to take advantage of an emerging Urban Oriented Downtown Bothell and realize a solid investment.
Listing closed: 10/28/2013 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 525671

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Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Paragon Real Estate Advisors

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Property Information for 18616 Reder Way

Property Details
  • Taxes: $5,626 / year
  • MLS Type: Residential Income
  • County: King County
  • Community Name: Bothell
  • School District: Northshore
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 08-02-2013
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1968
  • Lot Size: 0.12 AC / 5,200 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: _600JuanitaWoodinvi
  • Directions: From I5 N take exit 175 toward WA523/NE 145th St. Slight Left on 5th Ave NE. Right on NE 145th St/WA523. Left on WA522. Left on Bothell Way NE/WA527. Right on Reder Way. Property is on the Left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2013
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
  • Floor Covering: Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 3806
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 14
Lot Information
  • Parcel Number Free Text: 0970000130
  • Calculated Square Footage: 3125
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3125.0
  • 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: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 12666
  • Gross Adjusted Income: 40507
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: $41,760
  • Insurance Expense: $1,434
  • Net Operating Income: $27,841
  • Other Expenses: $1,800
  • Total Monthly Income: 3480
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3125.0
  • Leasable Area Units: Square Feet

Property History for 18616 Reder Way

DateEvent & SourcePriceAppreciation
Oct 28, 2013

Sold

NWMLS #525671

$582,000—
Oct 23, 2013

Sold (Public Record)

Public Record #370447816

$581,500

+2.8% / yr

Sep 30, 2013

Pending

NWMLS #525671

—
DateEvent & SourcePrice
10/28/2013

Sold

NWMLS #525671

$582,000
10/23/2013

Sold (Public Record)

Public Record #370447816

$581,500

+2.8% / yr

09/30/2013

Pending

NWMLS #525671

—

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

Public Records for 18616 Reder Way

Taxable ValueLand$463,000Additions$615,000Total$1,078,000
Tax Record2026$10,862 ($905 / month)
Home Facts
Total Finished SqFt3,240 SqFtAbove Ground SqFt3,240 SqFtStories2Lot Size4,687 SqFtStyleQuadraplexYear Built1968Year Renovated1993ZoningDTCountyKINGAPN097000-0130

Schools near 18616 Reder Way

This home is within Northshore School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Maywood Hills Elementary School
PublicPK to 5

Canyon Park Jr High School
Public6 to 8

Bothell High School
Public9 to 12

Northshore Online School
Public9 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 Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 09/05/2024 05:24 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.