509 Logan Road, Unit A & B

Lynnwood, WA 98036

$810,000
Last Sold Price
4
Beds
3
Baths
1,872 Sq. Ft.
$433 / Sq. Ft.
1,872
Sq. Ft.
$433
per Sq. Ft.

Description

Great investment or owner user duplex. Convenient Lynnwood location close to Freeways, minutes to Lynnwood & Bothell. Easy commute to Seattle or Bellevue. Side by side townhouse style units with individual garages and huge back yards. Each unit has 2 bedrooms 1.5 bathrooms & in-unit laundry. Great floor plans. Unit B recently updated in 2019 w/new carpet, kitchen, bathrooms, and appliances. Only owner has lived there since. Well maintained building. Unit A has high quality long term tenants that...Great investment or owner user duplex. Convenient Lynnwood location close to Freeways, minutes to Lynnwood & Bothell. Easy commute to Seattle or Bellevue. Side by side townhouse style units with individual garages and huge back yards. Each unit has 2 bedrooms 1.5 bathrooms & in-unit laundry. Great floor plans. Unit B recently updated in 2019 w/new carpet, kitchen, bathrooms, and appliances. Only owner has lived there since. Well maintained building. Unit A has high quality long term tenants that would like to stay. Current lease & financials available upon request. Ample parking in garage, driveway, and street. Huge private lot with only 1 direct neighbor. Great rental income. 2019 new W/D for both units! 30 Year Roof installed in 2006.
  1. Listed by Brian Harwood • Windermere R.E. Northeast, Inc

Property Details for 509 Logan Road, Unit A & B

Community Name
Alderwood
School District
Edmonds
Number of Assigned Spaces
8
Total Covered Parking
2
Entry Date
06-30-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere R.E. Northeast, Inc

Sold By Real Broker LLC

Add your commute
LISTING UPDATED: 07/25/2022 01:24 PM

Property Details for 509 Logan Road, Unit A & B

StatusSold
MLS #1961143
Days on Market2
Cumulative Days on Market607
Taxes$5,068 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1987
Lot Size0.54 AC / 23,522 SF
CountySnohomish County

Location

Listing Courtesy of Windermere R.E. Northeast, Inc

Sold By Real Broker LLC

Add your commute

Building Information for 509 Logan Road, Unit A & B

Stories2Residences2Year Built1987Building Size-Lot Size0.54 AC / 23,522 SF

Payment Calculator

$4,843 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,421

Property Taxes

$422

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 509 Logan Road, Unit A & B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Patio
  • Area: 730 - Southwest Snohomish
  • Elementary School: Hilltop ElemHt
  • Middle Or Junior School: Brier Terrace Mid
  • High School: Mountlake Terrace Hi
  • Directions: 405 N/S Exit 26, South on Bothell Everett Hwy, Rt on 228th, Rt on Meridian Ave S, Lt on 216th, Rt on First Ave W, Rt on Hubbard Rd, Hubbard turns into Logan Rd, duplex on your Right
  • 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: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Forced Air,Wall
  • Water Source: Public
  • Water/Sewer/Garbage: 1521
  • Power Company: PSE
  • Sewer Company: Alderwood Water & Wastewater
  • Water Company: Alderwood Water & Wastewater
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, High Voltage Line, Sewer Connected, Electricity Available
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: 38
Lot Information
  • Lot Details: Corner Lot, High Voltage Line, Open Space, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00373002302301
  • Calculated Square Footage: 1872
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1872.0
  • 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: 2
  • Unit Number: A & B
  • Vacancy Rate: 3
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7971
  • Gross Adjusted Income: 46851
  • Gross Rent Multiplier: 16.05
  • Gross Scheduled Income: $48,300
  • Insurance Expense: $1,382
  • Net Operating Income: $40,329
  • Other Expenses: $0
  • Total Monthly Income: 1825
  • 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: true
  • Square Feet Unit 1: 936
  • Rent Unit 1: $1,825.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 936
  • Rent Unit 2: $2,200.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 1872.0
  • Leasable Area Units: Square Feet

Property History for 509 Logan Road, Unit A & B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 509 Logan Road, Unit A & B

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 - PK to 8
Rating
School
Distance
Hilltop Elementary School
PublicK to 6

Brier Terrace Middle School
Public7 to 8

Mountlake Terrace High School
Public9 to 12

Madrona Nongraded
PublicPK 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.

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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 Windermere R.E. Northeast, Inc

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.