Sold
Last Sold Price
5,094 sqft

21019 Royal Anne Rd, Bothell, WA 98021

Multi FamilyProperty Type
0.99 acresLot Size
2006Year Built
$344/sq ftPrice per sq ft
6 carsParking Spaces

Description

Opportunity to purchase converted luxury Bothell home - currently leased MTM as 10B/4B memory care facility at $7,500/month + NNN. Day -one 5.63% cap with upside. Significant updates include hydronic heating, Simonton Sun Clean windows, freshly painted cedar siding, French drain on south side of property, and cement patio (March 2022). Large .99 acre lot has potential for second structure. New owner could convert property back into luxury home.Opportunity to purchase converted luxury Bothell home - currently leased MTM as 10B/4B memory care facility at $7,500/month + NNN. Day -one 5.63% cap with upside. Significant updates include hydronic heating, Simonton Sun Clean windows, freshly painted cedar siding, French drain on south side of property, and cement patio (March 2022). Large .99 acre lot has potential for second structure. New owner could convert property back into luxury home.
Listing closed: 05/25/2022 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1876128
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Location

Listing Courtesy of The Foundation Group LLC

Sold By The Remlinger Group

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$10,113 per month

30 year fixed, 7.03% Interest

Principal and Interest

$9,342

Property Taxes

$771

HOA Dues

$0

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Property Information for 21019 Royal Anne Road

Property Details

  • Taxes: $9,252 / year
  • MLS Type: Residential Income
  • Community Name: Bothell
  • School District: Northshore
  • Number of Assigned Spaces: 6
  • Total Covered Parking: 0
  • Entry Date: 01-10-2022
  • Energy Source: See Remarks
  • Sewer: Sewer Connected

Building Information

  • Stories: 1
  • Residences: 2
  • Year Built: 2006
  • Lot Size: 0.99 AC / 43,124 SF

Summary

Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, Gas Available, Patio
  • Area: 610 - Southeast Snohomish
  • Effective Year Built Source: Public Records
  • Directions: From I-5 - Take exit 181B, Take WA-524 E to 7th Ave SE/Royal Anne Rd in Bothell
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: Yes
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes

Interior and Exterior Features

Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Carpet
  • Features: Hot Water Recirc Pump, Wall to Wall Carpet
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Waterfront Description: No Bank
  • Security Features: FullyFenced

Property

Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Snohomish County PUD
  • Sewer Company: Alderwood
  • Water Company: Alderwood
  • Power Production Type: See Remarks
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Zoning Class: Residential
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2008
  • Photos Count: 13
Lot Information
  • Lot Details: Sidewalk
  • Lot Size Source: Snohomish County Parcel Viewer
  • Parcel Number Free Text: 00373001700401
  • Building Condition: Good
  • Calculated Square Footage: 5094
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 5094.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No

Multi Family

Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 22752
  • Gross Adjusted Income: 90000
  • Gross Rent Multiplier: 18
  • Gross Scheduled Income: $112,752
  • Insurance Expense: $3,000
  • Net Operating Income: $90,000
  • Other Expenses: $10,500
  • Total Monthly Income: 9396
  • Fuel Expense: $0

Rental

Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4254.0
  • Leasable Area Units: Square Feet

Property History for 21019 Royal Anne Road

DateEvent & SourcePriceAppreciation
May 25, 2022

Sold

NWMLS #1876128

$1,750,000—
May 18, 2022

Sold (Public Record)

Public Record #1490684350

$1,750,000—
Jan 20, 2022

Pending

NWMLS #1876128

—
DateEvent & SourcePrice
05/25/2022

Sold

NWMLS #1876128

$1,750,000
05/18/2022

Sold (Public Record)

Public Record #1490684350

$1,750,000
01/20/2022

Pending

NWMLS #1876128

—

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

Public records

21019 Royal Anne Road

Baths

4

Total Finished SqFt

5,388 SqFt

Above Ground SqFt

4,254 SqFt

Finished Basement SqFt

1,134 SqFt

Stories

1

Lot Size

43,124 SqFt

Schools near 21019 Royal Anne Road

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
Crystal Springs Elementary School
PublicPK to 5

Canyon Park Jr High School
Public6 to 8

Bothell High School
Public9 to 12

Secondary Academy For Success
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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Foundation Group LLC

Based on information submitted to the MLS GRID as of 09/05/2024 05:44 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.