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

551 Elm Way, Edmonds, WA 98020

$1,744,000

Last sold 06/16/2019 for $1.07M

—
bed
—
bath
3,384
Sqft ($318/Sqft)

House not for sale

About 551 Elm Way

Property type House

Neighborhood

Year built 1967

HOA fee $0/month

Lot size 6,970 Sqft

Movoto estimate

Property description

Don't miss out on this rare opportunity to own this one of a kind Tri-plex, which is located in the highly sought-after and walk-able downtown Edmond's Bowl neighborhood. This home feature 5 bedrooms, 4.5 baths, 2 fireplaces and view from the 2nd and 3rd floor.

Listed by

Listing Agent - Teresa M. Shea

Listing Office - Champions Real Estate Services

Source: NWMLS

MLS#1441821 • last updated 2 years ago

Movoto checked NWMLS for data 12 minutes ago

Overview
Levels/Style	Triplex
MLS #	1441821
SubType	Multi-Family
Type	Residential Income
SqFt	3384
Status	Sold
Lot Size (SqFt)	6970
Lot Size (Acres)	0.16
Property Tax	4767
Year Built	1967
Buying Office Phone	425-820-5151
Condition	Average

Exterior
# Open Parking Spaces	2
# Covered Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Wood Products

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric
Security Features	PartiallyFenced

Location
View	City
County	Snohomish
Subdivision	Edmonds Bowl
Area	_730SouthwestSnohom
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Edmonds
High School	Buyer To Verify
APN	472200000800

Multifamily Details
Expense: Insurance	1056
Expense: Electricity	202
Gross Scheduled Income	17075
Expense: Other	1400
Gross Adjusted Income	8964
Total Expenses	8771
Nwm_Totalmonthlyincome	1750

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Fully, Patio

$1.74M

Range: $1.23M-$2.24M

Last 30 days

Rental est.: $1,579/month

• Gross rent multiplier: 56.8

Lower your payment with the loan terms that fit you.

Jun 2019
Public Records
Jun 19, 2019 Sold
$1,077,000
Jun 2019
MLS # 1441821
Jun 16, 2019 Sold
$1,077,000 (+13.4%)
Apr 17, 2019 Listed
$950,000

Year Property taxes Tax assessment
2025
$8,591 -0.8%

$1,192,600 -5.37%
2023
$8,663 -9.1%

$1,260,300 +10.48%
2022
$9,535 +9.1%

$1,140,800 +49.61%
2021
$8,738 +22.6%

$762,500
2020
$7,128 +49.5%

$762,500 +48.52%
2019
$4,767 -3.5%

$513,400 -26.76%
2018
$4,938 +1130.7%

$701,000 +92.05%
2015
$401

$365,000

551 Elm Way
$1.07M
_730southwestsnohom
—
98020
$799K -6% y/y
Edmonds
$729K -3% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
573 Elm Way, Edmonds, WA 98020	$1,272,000	3/2	1,700	0.02
1122 6th Ave S, Edmonds, WA 98020	$1,152,000	3/1	1,378	0.02
1142 6th Ave S, Edmonds, WA 98020	$1,293,000	3/2	1,916	0.03
1138 6th Ave S, Edmonds, WA 98020	$1,327,000	3/2	1,464	0.03
1124 6th Ave S, Edmonds, WA 98020	$1,274,000	4/2	1,538	0.04
540 Fir Pl, Edmonds, WA 98020	$1,578,000	5/3	1,724	0.04
530 Fir Pl, Edmonds, WA 98020	$1,427,000	3/3	1,527	0.04
550 Fir Pl, Edmonds, WA 98020	$1,439,000	3/2	1,516	0.05

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