795 South Patricia Ann Drive

Camano Island, WA 98282

$505,000
Last Sold Price
4
Beds
2
Baths
2,016 Sq. Ft.
$250 / Sq. Ft.
2,016
Sq. Ft.
$250
per Sq. Ft.

Description

Fantastic duplex investment opportunity with plenty of room for income growth! The low vacancy, and long-term tenants make these spacious (approximately 1000sq each), 2 bedroom, 1 bath units easy to manage, or live in one unit and let the tenant pay off your investment. Each unit has washer dryer hookup and a back deck for expanded living area, and a shared carport. Neighborhood setting on this .295-acre corner lot. Approximately 7 miles to Stanwood for easy commute. Experience the natural beauty...Fantastic duplex investment opportunity with plenty of room for income growth! The low vacancy, and long-term tenants make these spacious (approximately 1000sq each), 2 bedroom, 1 bath units easy to manage, or live in one unit and let the tenant pay off your investment. Each unit has washer dryer hookup and a back deck for expanded living area, and a shared carport. Neighborhood setting on this .295-acre corner lot. Approximately 7 miles to Stanwood for easy commute. Experience the natural beauty and quality-of-life Camano Island provides, the Island you can drive to, located less than an hour North of Seattle. This property comes with community beach rights as well.
  1. Listed by Jim Nichols • North Pacific Properties

Property Details for 795 South Patricia Ann Drive

Community Name
Driftwood Heights
School District
Stanwood-Camano
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
06-23-2022
Energy Source
Electric
Sewer
Septic Tank

Location

Listing Courtesy of North Pacific Properties

Sold By KW Everett

Add your commute
LISTING UPDATED: 11/03/2022 10:03 AM

Property Details for 795 South Patricia Ann Drive

StatusSold
MLS #1950262
Days on Market94
Cumulative Days on Market598
Taxes$2,860 / year
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.30 AC / 12,859 SF
CountyIsland County

Location

Listing Courtesy of North Pacific Properties

Sold By KW Everett

Add your commute

Building Information for 795 South Patricia Ann Drive

Stories1Residences2Year Built1972Building Size-Lot Size0.30 AC / 12,859 SF

Payment Calculator

$3,036 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,756

Property Taxes

$238

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 795 South Patricia Ann Drive

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Deck, High Speed Internet
  • Area: 780 - Camano Island
  • Elementary School: Elger Bay Elem
  • Middle Or Junior School: Stanwood Mid
  • High School: Stanwood High
  • Effective Year Built Source: Public Records
  • Directions: I-5 to Stanwood/Camano Exit 212, West through Stanwood onto Camano Island, head South on East Camano Dr, R on Patricia Ann Dr, on the L as you go around the corner.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Amenities: Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Baseboard
  • Water Source: Community
  • Water/Sewer/Garbage: 2154
  • Power Company: PUD
  • Water Company: Driftwood Heights
  • Power Production Type: Electric
  • Utilities: High Speed Internet, Septic System, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: County
  • 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
  • Year Built Effective: 1981
  • Photos Count: 10
Lot Information
  • Lot Details: Corner Lot, Dead End Street, Paved
  • Lot Number: 1
  • Lot Size Source: Public Records
  • Parcel Number Free Text: S650502000010
  • Calculated Square Footage: 2016
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2016.0
  • 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: 1
  • Vacancy Rate: 1
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6362
  • Gross Adjusted Income: 22438
  • Gross Rent Multiplier: 16.66
  • Gross Scheduled Income: $28,800
  • Insurance Expense: $1,348
  • Net Operating Income: $22,438
  • Other Expenses: $0
  • Total Monthly Income: 2400
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: A
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1000
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: B
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1000
  • Rent Unit 2: $1,050.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2016.0
  • Leasable Area Units: Square Feet

Property History for 795 South Patricia Ann Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 795 South Patricia Ann Drive

Taxable ValueLand$230,000Additions$244,361Total$474,361
Home Facts
Total Finished SqFt2,016 SqFtAbove Ground SqFt2,016 SqFtStories1Lot Size1 SqFtStyleOffice BuildingYear Built1972Zoning10CountyISLANDAPNS6505-02-00001-0

Schools near 795 South Patricia Ann Drive

This home is within Stanwood-Camano School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Elger Bay Elementary School
PublicK to 5

Stanwood Middle School
Public6 to 8

Stanwood High School
Public9 to 12

Saratoga School
PublicK 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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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 North Pacific Properties

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.