705 Peterson Rd






























Description
Listing Agents
Brigid Buchanan
Alternative Listing Agent
Compass
brigid.buchanan@compass.comP: (360)-770-5030
- Listed by Erik H. Pedersen • Keller Williams Western Realty
Property Details for 705 Peterson Road
Property Details for 705 Peterson Road
| Status | Sold |
|---|---|
| MLS # | 1762790 |
| Days on Market | 22 |
| Cumulative Days on Market | 22 |
| Taxes | $10,000 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2021 |
| Lot Size | 0.31 AC / 13,504 SF |
| County | Skagit County |
Location

Sold By COMPASS
Building Information for 705 Peterson Road
Payment Calculator
$7,852 per month
30 year fixed, 6.15% Interest
$7,018
$833
$0
Property Information for 705 Peterson Road
- Style: 54 - 4-Plex
- Site Features: Cable TV, Fenced-Fully, High Speed Internet, Patio
- Area: 825 - Burlington
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Burlington Edison Hi
- Effective Year Built Source: Public Records
- Directions: In Burlington. Head East on Highway 20 from I-5. Turn North on Garrett Road. Turn East on Peterson Road. Multiplex is on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
- Tax Year: 2021
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 11.0
- Open Parking: Yes
- Furnished: Unfurnished
- Floor Covering: Vinyl Plank, Carpet
- Features: Ductless HP-Mini Split, Wall to Wall Carpet
- New Construction: Completed
- Cooling: Yes
- Fireplace: No
- Heating: Yes
- FIRPTA: No
- Exterior: Cement Planked
- Roof: Composition
- Security Features: PartiallyFenced
- Water Source: Public
- Water/Sewer/Garbage: 7140
- Power Company: PSE
- Sewer Company: City of Burlington
- Water Company: Skagit PUD
- Power Production Type: Electric
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
- New Construction YN: Yes
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Estimated Completion Date: 2021-04-26
- First Right Of Refusal: false
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2021
- Photos Count: 30
- Lot Details: Dead End Street, Paved, Sidewalk
- Lot Size Source: Tax Records
- Parcel Number Free Text: P62631
- Building Condition: Very Good
- Calculated Square Footage: 5316
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 5316.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
- Number of Uncovered Spaces: 11
- Number of Stories in Building: 2
- Vacancy Rate: 3
- Number Of Units Total: 4
- Units Below Grade: false
- Electric Expense: $0
- Total Expenses: 22540
- Gross Adjusted Income: 97776
- Gross Rent Multiplier: 14
- Gross Scheduled Income: $100,800
- Insurance Expense: $1,800
- Net Operating Income: $75,236
- Other Expenses: $3,600
- Total Monthly Income: 8400
- Fuel Expense: $0
- Occupant Type: Vacant
- Leasable Area: 5316.0
- Leasable Area Units: Square Feet
Property History for 705 Peterson Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jun 24, 2021 | Sold NWMLS #1762790 | $1,440,000 | — |
| Jun 15, 2021 | Sold (Public Record) Public Record #1514979501 | $1,440,000 | — |
| Jun 15, 2021 | Sold (Public Record) Public Record #1464492947 | $1,440,000 | +95.7% / yr |
| May 19, 2021 | Pending NWMLS #1762790 | — | |
| Apr 27, 2021 | Listed (Active) NWMLS #1762790 | $1,500,000 | — |
| Feb 1, 2018 | Sold (Public Record) Public Record #616193086 | $150,000 | -1.3% / yr |
| Jan 25, 2018 | Sold NWMLS #1235139 | $150,000 | — |
| Jan 24, 2018 | Pending NWMLS #1235139 | — | |
| Jan 19, 2018 | Listed (Active) NWMLS #1235139 | $150,000 | — |
| Jun 16, 2008 | Sold NWMLS #27183460 | $170,000 | — |
| Jun 11, 2008 | Sold (Public Record) Public Record #240210666 | $170,000 | +9.7% / yr |
| May 28, 2008 | Pending NWMLS #27183460 | — | |
| Oct 10, 2007 | Listed (Active) NWMLS #27183460 | $215,000 | — |
| Dec 16, 1997 | Sold (Public Record) Public Record #52003143 | $64,219 | — |
| Date | Event & Source | Price |
|---|---|---|
| 06/24/2021 | Sold NWMLS #1762790 | $1,440,000 |
| 06/15/2021 | Sold (Public Record) Public Record #1514979501 | $1,440,000 |
| 06/15/2021 | Sold (Public Record) Public Record #1464492947 | $1,440,000 +95.7% / yr |
| 05/19/2021 | Pending NWMLS #1762790 | — |
| 04/27/2021 | Listed (Active) NWMLS #1762790 | $1,500,000 |
| 02/01/2018 | Sold (Public Record) Public Record #616193086 | $150,000 -1.3% / yr |
| 01/25/2018 | Sold NWMLS #1235139 | $150,000 |
| 01/24/2018 | Pending NWMLS #1235139 | — |
| 01/19/2018 | Listed (Active) NWMLS #1235139 | $150,000 |
| 06/16/2008 | Sold NWMLS #27183460 | $170,000 |
| 06/11/2008 | Sold (Public Record) Public Record #240210666 | $170,000 +9.7% / yr |
| 05/28/2008 | Pending NWMLS #27183460 | — |
| 10/10/2007 | Listed (Active) NWMLS #27183460 | $215,000 |
| 12/16/1997 | Sold (Public Record) Public Record #52003143 | $64,219 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 705 Peterson Road
Schools near 705 Peterson Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 1 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 10 to 12 |
Rating | School | Distance |
|---|---|---|
West View Elementary School PublicK to 6 | ||
Lucille Umbarger Elementary School Public1 to 8 | ||
Burlington Edison High School Public9 to 12 | ||
Open Doors 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Western Realty
Based on information submitted to the MLS GRID as of 09/05/2024 05:42 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.































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