21601 78th Avenue West

Edmonds, WA 98026

$1,400,000
Last Sold Price
7
Beds
4.5
Baths
4,630 Sq. Ft.
$302 / Sq. Ft.
4,630
Sq. Ft.
$302
per Sq. Ft.

Description

Presenting a well-maintained, desirable mid-century 4-plex in Edmonds. Situated on a 16,988 Sq ft corner lot in a Cul-de-sac, it consists of one 4-bed/1.5-bath (2,700 Sq Ft) & three 1-bed/1-bath (643 Sq Ft) units. First time on the market in 37 years, the current owners have managed it diligently, ensuring stability and low-turnover. Perfect for new owners seeking stability, a turn-key asset, or a value-add opportunity. Don't miss this chance to acquire a prime property.Presenting a well-maintained, desirable mid-century 4-plex in Edmonds. Situated on a 16,988 Sq ft corner lot in a Cul-de-sac, it consists of one 4-bed/1.5-bath (2,700 Sq Ft) & three 1-bed/1-bath (643 Sq Ft) units. First time on the market in 37 years, the current owners have managed it diligently, ensuring stability and low-turnover. Perfect for new owners seeking stability, a turn-key asset, or a value-add opportunity. Don't miss this chance to acquire a prime property.
  1. Listed by Ton N. Nguyen • 360 Pacific

Property Details for 21601 78th Avenue West

Community Name
Edmonds
School District
Edmonds
View
Territorial
Number of Assigned Spaces
5
Total Covered Parking
1
Entry Date
06-05-2023
Energy Source
Electric,Natural Gas
Sewer
Available

Location

Listing Courtesy of 360 Pacific

Sold By 360 Pacific

Add your commute
LISTING UPDATED: 03/11/2024 04:11 PM

Property Details for 21601 78th Avenue West

StatusSold
MLS #2070749
Days on Market114
Cumulative Days on Market124
Taxes$6,897 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.39 AC / 16,988 SF
CountySnohomish County

Location

Listing Courtesy of 360 Pacific

Sold By 360 Pacific

Add your commute

Building Information for 21601 78th Avenue West

Stories1Residences4Year Built1957Building Size-Lot Size0.39 AC / 16,988 SF

Payment Calculator

$8,215 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21601 78th Avenue West

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially
  • Area: 730 - Southwest Snohomish
  • Effective Year Built Source: Public Records
  • Directions: See GPS.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 51290000130000
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 5.0
  • Open Parking: Yes
Virtual Tour
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: Yes
  • Cooling: Forced Air, HEPA Air Filtration
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood Products
  • Roof: Flat, Torch Down
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6399
  • Power Company: City of Edmonds
  • Sewer Company: City of Edmonds
  • Water Company: City of Edmonds
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Post & Beam
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1957
  • Photos Count: 40
Lot Information
  • Lot Details: Corner Lot, Cul-De-Sac
  • Lot Size Source: Snohomish
  • Parcel Number Free Text: 00512900001300
  • Building Condition: Good
  • Calculated Square Footage: 4630
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4630.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 5
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: true
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 18944
  • Gross Adjusted Income: 39600
  • Gross Rent Multiplier: 37.87
  • Gross Scheduled Income: $39,600
  • Insurance Expense: $2,568
  • Net Operating Income: $20,656
  • Other Expenses: $3,080
  • Total Monthly Income: 3300
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 2700
  • Rent Unit 1: $.00
  • Bedrooms Unit 1: 4
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 643
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: C
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 643
  • Rent Unit 3: $1,200.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: D
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 643
  • Rent Unit 4: $1,050.00
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4630.0
  • Leasable Area Units: Square Feet

Property History for 21601 78th Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 21601 78th Avenue West

Taxable ValueLand$472,700Additions$360,300Total$833,000
Tax Record2022$6,897 ($575 / month)
Home Facts
Baths4.5Total Finished SqFt1,930 SqFtAbove Ground SqFt1,930 SqFtStories1Lot Size16,988 SqFtStyleQuadraplexYear Built1957ZoningE8CountySNOHOMISHAPN00512900001300Fireplace TypeHas Fireplace

Schools near 21601 78th Avenue West

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 - 9 to 12
Rating
School
Distance
Chase Lake Elementary School
PublicK to 6

College Place Middle School
Public7 to 8

Edmonds Woodway High School
Public9 to 12

Contracted Learning Prgm Clip
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

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Similar Sold Homes

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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 360 Pacific

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.