Sold
Last Sold Price
2,658 sqft$474/sqft
9402 232nd St SW, Edmonds, WA 98020
Multi FamilyProperty Type
0.29 acresLot Size
1987Year Built
$474/sq ftPrice per sq ft
4 carsParking Spaces

Description

Fantastic opportunity to buy a Duplex Townhouse below market and raise the cap rate. Current long-term tenants are month to month or near the end of lease term. 2 very similar units with slight variations on the 3 bedrooms up 1.5 bathroom both with 1 car attached garages and laundry rooms. Both have large fenced and unfenced yards with ample driveway and street parking available. Pictures are of Unit B only. Unit A has slight variations but similar square footage and layout. See floor plan sketches...Fantastic opportunity to buy a Duplex Townhouse below market and raise the cap rate. Current long-term tenants are month to month or near the end of lease term. 2 very similar units with slight variations on the 3 bedrooms up 1.5 bathroom both with 1 car attached garages and laundry rooms. Both have large fenced and unfenced yards with ample driveway and street parking available. Pictures are of Unit B only. Unit A has slight variations but similar square footage and layout. See floor plan sketches in photos. Seller is providing building inspection and sewer scope reports. Please be respectful of the tenants and do not walk the property. Both units occupied. Contact your broker to schedule a showing.
  • Listed by: Jeremey Johnson 206.522.9600 team@johnsonandwalker.com • Windermere Real Estate Co.
  • Listed by: Cassie Walker Johnson 206.522.9600 team@johnsonandwalker.com • Windermere Real Estate Co.
Listing closed: 04/08/2022 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 1905898

Recent comparable sales

Median sold price

$1,200,000

Avg days on market

85

Sale-to-list ratio

94.0%

Edmonds, WA

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Location

Listing Courtesy of Windermere Real Estate Co.

Sold By Weisbarth & Associates

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Property Information for 9402 232nd Street Southwest

Property Details
  • Taxes: $5,456 / year
  • MLS Type: Residential Income
  • Community Name: Firdale
  • School District: Edmonds
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 2
  • Offers Review Date: 03-28-2022
  • Entry Date: 03-24-2022
  • Energy Source: Electric
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1987
  • Lot Size: 0.29 AC / 12,632 SF
Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Fenced-Fully, High Speed Internet, Patio
  • Area: 730 - Southwest Snohomish
  • Elementary School: Sherwood ElemSw
  • Middle Or Junior School: College Pl Mid
  • High School: Edmonds Woodway High
  • Directions: From Edmonds Way turn West on 232nd Street SW. Head west 4 blocks and turn left on the unmarked private lane.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Engineered Hardwood, Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: SecuritySystem, PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3396
  • Power Production Type: Electric
  • Utilities: High Speed Internet, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 27
Lot Information
  • Lot Details: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • Lot Size Source: SCR
  • Parcel Number Free Text: 27033600117100
  • Calculated Square Footage: 2658
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2658.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 2
  • 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: 11908
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $39,600
  • Insurance Expense: $1,069
  • Net Operating Income: $0
  • Other Expenses: $1,987
  • Total Monthly Income: 3300
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2658.0
  • Leasable Area Units: Square Feet

Property History for 9402 232nd Street Southwest

DateEvent & SourcePriceAppreciation
Apr 8, 2022

Sold

NWMLS #1905898

$1,260,000
Mar 31, 2022

Sold (Public Record)

Public Record #1487648053

$1,260,000
Mar 28, 2022

Pending

NWMLS #1905898

DateEvent & SourcePrice
04/08/2022

Sold

NWMLS #1905898

$1,260,000
03/31/2022

Sold (Public Record)

Public Record #1487648053

$1,260,000
03/28/2022

Pending

NWMLS #1905898

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

Public Records for 9402 232nd Street Southwest

Taxable ValueLand$646,000Additions$326,000Total$972,000
Tax Record2026$7,821 ($652 / month)
Home Facts
Baths3Total Finished SqFt2,658 SqFtAbove Ground SqFt2,658 SqFtStories2Lot Size12,632 SqFtStyleDuplexYear Built1987Year Renovated1987ZoningRS-8CountySNOHOMISHAPN270336-001-171-00

Schools near 9402 232nd Street Southwest

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Sherwood Elementary School
PublicK to 6

College Place Middle School
Public7 to 8

Edmonds Woodway High School
Public9 to 12

Edmonds K8 Online Academy
PublicK to 8

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.

Edmonds
Edmonds
Get to know the unique charms of the community surrounding this home. North of Seattle lies the scenic city of Edmonds, Washington. This picturesque beach town is comprised of two parts: the Edmonds “Bowl” area (which includes the downtown hub, the business district, and the Ferry Terminal) and the...

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Nearby home values

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 Windermere Real Estate Co.

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.