Rare investment opportunity in the highly desirable Alderwood Manor neighborhood. The 1700+sqft duplex consist of 2bedroom/1bathroom units approximately 850sqft each. The 26,136 sqft lot is nestle in a secluded private drive with a two car carport and plenty of additional parking. Each units has laminate flooring, washer and dryers, walk-in closet. Long term tenants are month-to-month and paying well below market rents. Easy to raise to market rents without much work to units. The huge lot is zoned LDMR, which allows a lot flexibility in any future developments. Conveniently located close to major shopping areas and highways.
Sold
Listed by: CENTURY 21 North Homes Realty
Bought with: Skyline Properties, Inc.
$720,000
1830 Magnolia Road, Lynnwood, WA 98036
--beds
--baths
1,712sqft
Multi Family
Built in 1982
-- sqft lot
$803,700 Zestimate®
$421/sqft
$2,686 Estimated rent
Home value
$803,700
$764,000 - $844,000
$2,686/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Socheat Khnor,
CENTURY 21 North Homes Realty
Bought with:
Michael Streng, 119794
Skyline Properties, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2062582
Facts & features
Interior
Heating
- Baseboard, Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Concrete, Laminate, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 1,712
- Total interior livable area: 1,712 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Carport spaces: 2
- Uncovered spaces: 6
Features
- Patio & porch: Concrete, Laminate, Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.60 Acres
- Features: Dead End Street, Cable TV, Deck, Fenced-Partially
Details
- Parcel number: 00372800803604
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Metal/Vinyl
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1982
- Major remodel year: 1982
Utilities & green energy
- Sewer: Septic Tank
Community & neighborhood
Location
- Region: Lynnwood
- Subdivision: Canyon Ridge
Other
Other facts
- Listing terms: Conventional,FHA
- Cumulative days on market: 593 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2023 | Sold | $720,000-1.4%$421/sqft |
Source:  NWMLS as distributed by MLS GRID #2062582 Report a problem | ||
| 11/6/2023 | Pending sale | $729,950$426/sqft |
Source: NWMLS as distributed by MLS GRID #2062582 Report a problem | ||
| 8/17/2023 | Price change | $729,950-2.7%$426/sqft |
Source: NWMLS as distributed by MLS GRID #2062582 Report a problem | ||
| 6/23/2023 | Price change | $750,000-2.7%$438/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2062582 Report a problem | ||
| 5/4/2023 | Listed for sale | $770,999+97.7%$450/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2062582 Report a problem | ||
| 10/3/2007 | Sold | $389,999+146.8%$228/sqft |
Source: NWMLS as distributed by MLS GRID #27145735 Report a problem | ||
| 8/29/1997 | Sold | $158,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,048 -6.7% | $714,100 -6.9% |
| 2023 | $6,481 -4.1% | $766,700 -8.4% |
| 2022 | $6,755 +5.7% | $837,200 +29.8% |
| 2021 | $6,392 +8.1% | $644,900 +9% |
| 2020 | $5,914 -5.3% | $591,900 +6.6% |
| 2019 | $6,244 | $555,500 +14.7% |
| 2018 | -- | $484,300 +31.4% |
| 2017 | $5,649 +36.5% | $368,600 +12.5% |
| 2016 | $4,138 | $327,700 +4.4% |
| 2015 | $4,138 +41.3% | $313,900 +52.5% |
| 2013 | $2,928 | $205,900 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $2,666 -0.6% | $187,700 |
| 2000 | $2,683 | $187,700 |
Find assessor info on the county website
Neighborhood: Alderwood Manor
Nearby schools
GreatSchools rating
- 5/10Hazelwood Elementary SchoolGrades: K-6Distance: 1.2 mi
- 5/10Alderwood Middle SchoolGrades: 7-8Distance: 1.1 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Hilltop ElemHt
- Middle: Alderwood Mid
- High: Lynnwood High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$803,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$803,700
- Washington
- Snohomish County
- Lynnwood
- 98036
- Alderwood Manor
- 1830 Magnolia Road