1830 Magnolia Road

1830 Magnolia Road

Lynnwood, WA 98036

$720,000
Last Sold Price
4
Beds
2
Baths
1,712 Sq. Ft.
$421 / Sq. Ft.
1,712
Sq. Ft.
$421
per Sq. Ft.

Sold 12/15/23

Sold 12/15/23

a front view of a house with garage
a front view of a house with a garden
a view of storage and utility room
a living room with furniture and a window
a living room with furniture and a window
a view of a dining room with furniture and wooden floor
a kitchen with stainless steel appliances a sink a refrigerator and a wooden cabinets
a kitchen with stainless steel appliances a refrigerator sink cabinets and a window
a kitchen with a stove and wooden floor
a bedroom with a large bed and a window
a view of a workspace with furniture and a window
a bathroom with a sink double vanity and a mirror
a view of a house with a door and a wooden bench
a living room with furniture and a wooden floor
a living room with furniture and a flat screen tv
a living room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a stove and a refrigerator
a kitchen with a sink cabinets and appliances
a kitchen with stainless steel appliances a sink and a refrigerator
a view of a dining room with furniture and chandelier
a bedroom with a bed and a chandelier
a bedroom with a bed and a window
a bathroom with a sink and a mirror
a bathroom with a toilet and a shower
a view of a closet with storage
a bathroom with a sink a toilet and shower
a view of a backyard with plants and large trees
a view of a house with backyard and garden
an aerial view of a house with a yard and trees all around
a view of a forest with a tree
a view of lake and mountain
a picture of flowers
an aerial view of a houses with a yard and lake view
an aerial view of a houses with a yard and lake
an aerial view of a house with a yard
an aerial view of a house with a yard
a view of a field with a tree
a view of a city
an aerial view of a house with a yard
Listing provided courtesy of CENTURY 21 North Homes Realty, Skyline Properties, Inc.

Description

Rare investment opportunity in the highly desirable Alderwood Manor neighborhood. The 1700+sqft duplex consist of 2bedroom/1bathroom units approximately 850sqft each. The 26,136 sqft lot is nestle in a secluded private drive with a two car carport and plenty of additional parking. Each units has laminate flooring, washer and dryers, walk-in closet. Long term tenants are month-to-month and paying well below market rents. Easy to raise to market rents without much work to units. The huge lot is zoned...Rare investment opportunity in the highly desirable Alderwood Manor neighborhood. The 1700+sqft duplex consist of 2bedroom/1bathroom units approximately 850sqft each. The 26,136 sqft lot is nestle in a secluded private drive with a two car carport and plenty of additional parking. Each units has laminate flooring, washer and dryers, walk-in closet. Long term tenants are month-to-month and paying well below market rents. Easy to raise to market rents without much work to units. The huge lot is zoned LDMR, which allows a lot flexibility in any future developments. Conveniently located close to major shopping areas and highways.
  1. Listed by Kent Khnor • CENTURY 21 North Homes Realty

Property Details for 1830 Magnolia Road

Community Name
Canyon Ridge
School District
Edmonds
View
Territorial
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
05-04-2023
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of CENTURY 21 North Homes Realty

Sold By Skyline Properties, Inc.

Add your commute
LISTING UPDATED: 12/16/2023 03:23 PM

Property Details for 1830 Magnolia Road

StatusSold
MLS #2062582
Days on Market186
Cumulative Days on Market282
Taxes$6,392 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1982
Lot Size0.60 AC / 26,136 SF
CountySnohomish County

Location

Listing Courtesy of CENTURY 21 North Homes Realty

Sold By Skyline Properties, Inc.

Add your commute

Building Information for 1830 Magnolia Road

Stories1Residences2Year Built1982Building Size-Lot Size0.60 AC / 26,136 SF

Payment Calculator

$4,462 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,929

Property Taxes

$533

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1830 Magnolia Road

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially
  • Area: 730 - Southwest Snohomish
  • Elementary School: Hilltop ElemHt
  • Middle Or Junior School: Alderwood Mid
  • High School: Lynnwood High
  • Effective Year Built Source: Public Records
  • Directions: From Filbert RD, head north on Magnolia Rd. Turn left on 19th Ave W (1st private rd). Private road will split into two roads. Stay on the right. Duplex is straight ahead.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Concrete, Laminate, Vinyl, Carpet
  • Features: Concrete, Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Wall Unit(s)
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 0
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: true
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1982
  • Photos Count: 39
Lot Information
  • Lot Details: Dead End Street
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 00372800803604
  • Calculated Square Footage: 1712
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1712.0
  • 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: 7292
  • Gross Adjusted Income: 31200
  • Gross Rent Multiplier: 27.71
  • Gross Scheduled Income: $31,200
  • Insurance Expense: $900
  • Net Operating Income: $23,908
  • Other Expenses: $0
  • Total Monthly Income: 2600
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 856
  • Rent Unit 1: $1,300.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 856
  • Rent Unit 2: $1,300.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1712.0
  • Leasable Area Units: Square Feet

Property History for 1830 Magnolia Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1830 Magnolia Road

Taxable ValueLand$383,200Additions$261,700Total$644,900
Tax Record2022$6,392 ($533 / month)
Home Facts
Baths2Total Finished SqFt1,712 SqFtAbove Ground SqFt1,712 SqFtStories1Lot Size26,136 SqFtStyleDuplexYear Built1982ZoningSECountySNOHOMISHAPN00372800803604

Schools near 1830 Magnolia Road

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Hazelwood Elementary School
Public - K to 6
Alderwood Middle School
Public - 7 to 8
Lynnwood High School
Public - 9 to 12
Challenge Elementary School
Public - K to 6
Rating
School
Distance
Hazelwood Elementary School
PublicK to 6

Alderwood Middle School
Public7 to 8

Lynnwood High School
Public9 to 12

Challenge Elementary School
PublicK to 6

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 North Homes Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.