Sold
Last Sold Price
2532 196th St SE, Bothell, WA 98012
Multi FamilyProperty Type
0.41 acresLot Size
1984Year Built
10 carsParking Spaces

Description

Quality four-plex in a great location off 405 and Bot/Evt hwy. One unit vacant... Great to owner occupy if desired. Many upgrades (paint, carpet, appls) and outside (paint, parking lot). Great opportunity - owner is ready to retire from cashflow! Unit 1 is Laundry; 2-5 rentals.Quality four-plex in a great location off 405 and Bot/Evt hwy. One unit vacant... Great to owner occupy if desired. Many upgrades (paint, carpet, appls) and outside (paint, parking lot). Great opportunity - owner is ready to retire from cashflow! Unit 1 is Laundry; 2-5 rentals.
  • Listed by: Dustin Remington 425.481.8888 dustinremington@gmail.com • RE/MAX Northwest Realtors
Listing closed: 10/31/2003 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 23119888

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of RE/MAX Northwest Realtors

Sold By RE/MAX Northwest Realtors

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,357 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,082

Property Taxes

$275

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 2532 196th Street Southeast

Property Details
  • Taxes: $3,296 / year
  • MLS Type: Residential Income
  • School District: Northshore
  • Number of Assigned Spaces: 10
  • Total Covered Parking: 0
  • Entry Date: 08-29-2003
  • Sewer: Sewer Connected
Building Information
  • Stories: 1
  • Residences: 5
  • Year Built: 1984
  • Lot Size: 0.41 AC / 17,860 SF
Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Patio
  • Area: _610SoutheastSnohom
  • Directions: From 527 (Bot/Evt Hwy) east on 196nd - on right side no sign, tenants do not know of sale.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2003
  • Legal Description: Lot 2 Forest Villa II according to the plat vol 42 of plats pgs 29 records of Snohomish Co WA
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
Interior and Exterior Features
Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: See Remarks, Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Storage
  • Fireplace: No
  • Heating: Yes
Exterior Features
  • Exterior: See Remarks, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2651
  • Power Company: PUD
  • Sewer Company: City
  • Water Company: Alderwood
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electric
Property and Assessments
  • Zoning Jurisdiction: City
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Lot Details: Paved
  • Lot Number: 2
  • Parcel Number Free Text: 00703800000200
  • Building Condition: Average
  • Calculated Square Footage: 0
  • Structure Type: Quadruplex
  • 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: 10
  • Number of Stories in Building: 1
  • Vacancy Rate: 5
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $517
  • Total Expenses: 7094
  • Gross Adjusted Income: 31008
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $32,640
  • Insurance Expense: $630
  • Net Operating Income: $23,914
  • Other Expenses: $0
  • Total Monthly Income: 2720
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 0.0
  • Leasable Area Units: Square Feet

Property History for 2532 196th Street Southeast

DateEvent & SourcePriceAppreciation
Oct 31, 2003

Sold (Public Record)

Public Record #123334095

$390,000—
Oct 31, 2003

Sold

NWMLS #23119888

$390,000—
Oct 2, 2003

Pending

NWMLS #23119888

—
DateEvent & SourcePrice
10/31/2003

Sold (Public Record)

Public Record #123334095

$390,000
10/31/2003

Sold

NWMLS #23119888

$390,000
10/02/2003

Pending

NWMLS #23119888

—

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

Public Records for 2532 196th Street Southeast

Taxable ValueLand$530,800Additions$789,200Total$1,320,000
Tax Record2026$11,893 ($991 / month)
Home Facts
Baths4Total Finished SqFt3,240 SqFtAbove Ground SqFt3,240 SqFtStories1Lot Size17,860 SqFtStyleQuadraplexYear Built1984Year Renovated1984ZoningLDMRCountySNOHOMISHAPN007038-000-002-00

Schools near 2532 196th Street Southeast

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
Canyon Creek Elementary School
PublicPK to 5

Skyview Middle School
Public6 to 8

North Creek 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.

Similar Homes

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 RE/MAX Northwest Realtors

Based on information submitted to the MLS GRID as of 09/05/2024 05:03 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.