About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

44224 44226 Grassmere Rd, Concrete, WA 98237

$308,000

Last sold 11/24/2021 for $274K

—
bed
—
bath
1,536
Sqft ($178/Sqft)

House not for sale

About 44224 44226 Grassmere Rd

Property type House

Neighborhood

Year built 1938

HOA fee $0/month

Lot size 0.41 Acre

Movoto estimate

Property description

2 Homes! Live in one and rent out the other. Great investment property! Well maintained duplex with attached carports on spacious lot with nice yard. Walking distance to grocery and other stores. Long term reliable tenants currently renting. Each unit has 2 bedrooms, 1 bathroom, and its own leased propane tank which provides heat from free-standing Empire stove. Current owner installed newer 200 amp electrical panels, replaced plumbing and installed R11 insulation in walls and R 35 in ceilings. All appliances stay. Electric hot water heaters in carport. County says property is above 500 year flood plain. Buyer to verify all information.

Listed by

Listing Agent - Joseph Eckerson

Listing Office - Valleys West Realty

Source: NWMLS

MLS#1723213 • last updated 2 years ago

Movoto checked NWMLS for data 9 minutes ago

Overview
Levels/Style	Duplex
MLS #	1723213
SubType	Multi-Family
Type	Residential Income
SqFt	1536
Status	Sold
Lot Size (SqFt)	17860
Lot Size (Acres)	0.41
Property Tax	1173
Buying Office	Valleys West Realty
Year Built	1938
Buying Office Phone	360-853-8155
Condition	Average

Interior

Exterior
Foundation	Block
Roof	Composition
# Open Parking Spaces	2
# Carport Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Septic Tank
Water	Individual Well
Power Company	PSE
Power Production: Type	Electric, Propane

Location
County	Skagit
Subdivision	Concrete
Area	845 - Concrete & Up River
High School District	Concrete
APN	P65209
Directions	East On SR 20 To Concrete. Right On Grassmere Rd.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	18000
Capitalization Rate	6
Expense: Insurance	600
Gross Scheduled Income	1625
Expense: Fuel	150
Gross Adjusted Income	18000
Total Expenses	1923
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	1625

$308K

Range: $209K-$406K

Last 30 days

Lower your payment with the loan terms that fit you.

Jul 2021
MLS # 1723213
Jul 13, 2021 Pending
—
Jun 22, 2021 Price Change
$285,000 (-1.4%)
Mar 30, 2021 Price Change
$289,000 (-3.3%)
Jan 30, 2021 Listed
$299,000

Year Property taxes Tax assessment
2026
$1,695 -1.7%

$155,800 -1.89%
2025
$1,724 +23.0%

$158,800 -3.05%
2024
$1,402 -1.5%

$163,800
2023
$1,423 -1.7%

$163,800 +10.01%
2022
$1,448 +3.6%

$148,900 +3.12%
2021
$1,397 +19.1%

$144,400
2020
$1,173 -28.5%

$144,400 +29.62%
2019
$1,641 -4.1%

$111,400 -34.97%
2018
$1,711 +11.6%

$171,300 +13.67%
2017
$1,533 +10.9%

$150,700 +10.97%
2016
$1,382 +6.7%

$135,800 +11.04%
2014
$1,296

$122,300

44224 44226 Grassmere Rd
$274K
845 - Concrete & Up River
—
98237
$470K -14% y/y
Concrete
$470K -14% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
44250 Grassmere Rd, Concrete, WA 98237	$456,000	3/1	1,570	0.02
44184 Grassmere Rd, Concrete, WA 98237	$631,000	3/3	2,555	0.05
44271 Grassmere Rd, Concrete, WA 98237	$360,000	2/1	1,004	0.06
44168 Grassmere Rd, Concrete, WA 98237	$473,000	1/1	1,720	0.07
44219 Leonard Rd, Concrete, WA 98237	$460,000	3/2	1,620	0.08
44322 Grassmere Rd, Concrete, WA 98237	$451,000	2/1	1,467	0.09
44241 Leonard Rd, Concrete, WA 98237	$334,000	—/1	960	0.09
44233 Leonard Rd, Concrete, WA 98237	$356,000	—/1	320	0.1

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.