2530 Cedar Rd

—
Beds
—
Baths
1,536 Sq. Ft.
$413 / Sq. Ft.
1,536
Sq. Ft.
$413
per Sq. Ft.

Description

Opportunity unfolds in Lake Stevens… Rambler style Duplex with garages. Great Location just north of Lake Stevens (1 Block to Lake Stevens High School/walking). The lot is over 1/3 Acre (15,682 Sq. Ft.) with great options for extra parking or out-buildings. Gross rents over $4,000 per month. These units are 2 Bedrooms 1 bath with 12’ x 24’ finished garages that could be heated to add 288 Sq. Ft. to each unit. This basic duplex offers opportunities for “1st Time Buyer’s” and Investors. As a 1st time...Opportunity unfolds in Lake Stevens… Rambler style Duplex with garages. Great Location just north of Lake Stevens (1 Block to Lake Stevens High School/walking). The lot is over 1/3 Acre (15,682 Sq. Ft.) with great options for extra parking or out-buildings. Gross rents over $4,000 per month. These units are 2 Bedrooms 1 bath with 12’ x 24’ finished garages that could be heated to add 288 Sq. Ft. to each unit. This basic duplex offers opportunities for “1st Time Buyer’s” and Investors. As a 1st time buyer, you can use rental income from 1 side to qualify for the mortgage with owner occupied rates. Showings by Appointment, Do not disturb tenants.
  1. Listed by Ed Gillis • Keller Williams Realty Bothell
    P: (425)-482-6100 Ed@InfinityRidge.com

Property Details for 2530 Cedar Road

Community Name
Lake Stevens
School District
Lake Stevens
Number of Assigned Spaces
8
Total Covered Parking
2
Offers Review Date
12-06-2022
Entry Date
11-11-2022
Energy Source
Electric
Sewer
Sewer Connected
LISTING CLOSED: 01/05/2023 12:00 AM

Property Details for 2530 Cedar Road

StatusSold
MLS #2016434
Days on Market21
Cumulative Days on Market21
Taxes$4,786 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.36 AC / 15,682 SF
CountySnohomish County

Location

Listing Courtesy of Keller Williams Realty Bothell

Sold By Keller Williams Realty Bothell

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Building Information for 2530 Cedar Road

Stories1Residences2Year Built1989Building Size-Lot Size0.36 AC / 15,682 SF

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$3,563 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,164

Property Taxes

$399

HOA Dues

$0

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Property Information for 2530 Cedar Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet, RV Parking
  • Area: 760 - Northeast Snohomish?
  • Elementary School: Sunnycrest Elem
  • Middle Or Junior School: North Lake Mid
  • High School: Lake Stevens Snr Hig
  • Directions: From Highway 9, go East on Lundeen. Take second exit on 1st round-about to continue on Lundeen. Take second exit on 2nd round-about Lakeview/20th St. NE, Left on Cedar. Property will be on the left.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Virtual Tour
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3480
  • Power Company: Snohomish Co. PUD #1
  • Sewer Company: City of Lake Stevens
  • Water Company: City of Lake Stevens
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Residential
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Residential
  • Letter On File: Duplicate Prop Type
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 24
Lot Information
  • Lot Details: Corner Lot, Paved
  • Lot Size Source: Per Snohomish County Records
  • Parcel Number Free Text: 00385600600703
  • Building Condition: Good
  • Calculated Square Footage: 1536
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1536.0
  • 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: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 8764
  • Gross Adjusted Income: 48660
  • Gross Rent Multiplier: 12.84
  • Gross Scheduled Income: $48,660
  • Insurance Expense: $498
  • Net Operating Income: $39,896
  • Other Expenses: $0
  • Total Monthly Income: 4055
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1536.0
  • Leasable Area Units: Square Feet

Property History for 2530 Cedar Road

DateEvent & SourcePriceAppreciation
Jan 5, 2023

Sold

NWMLS #2016434

$635,000—
Jan 4, 2023

Sold (Public Record)

Public Record #1503860942

$632,472—
Dec 2, 2022

Pending

NWMLS #2016434

—
DateEvent & SourcePrice
01/05/2023

Sold

NWMLS #2016434

$635,000
01/04/2023

Sold (Public Record)

Public Record #1503860942

$632,472
12/02/2022

Pending

NWMLS #2016434

—

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

Public Records for 2530 Cedar Road

Taxable ValueLand$387,100Additions$204,400Total$591,500
Tax Record2026$5,817 ($485 / month)
Home Facts
Baths2Total Finished SqFt1,536 SqFtAbove Ground SqFt1,536 SqFtStories1Lot Size15,682 SqFtStyleDuplexYear Built1989Year Renovated1989ZoningR6CountySNOHOMISHAPN003856-006-007-03

Schools near 2530 Cedar Road

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

North Lake 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 Keller Williams Realty Bothell

Based on information submitted to the MLS GRID as of 09/05/2024 05:46 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.