Investor Alert 7% Proforma Cap Rate! Rare side-by-side duplex is available just outside Lake Stevens in desirable Machias, a high-demand rental market with a very low 1.6% vacancy rate! Each unit has 2 bed / 1 bath and covered parking. Spacious kitchens and expansive living room with large windows with ample light. One unit is like new: new kitchen and bathroom, flooring, paint, millwork, and fixtures. New roof in 2022. Recently pumped septic. Enjoy the fenced-in backyard and quiet country living with views of a horse arena. Conveniently located near the lake, schools, shopping, highway, Centennial Trail, and within walking distance to the Pilchuck River.
Sold
Listed by:
Zachary W. Schwarzmiller,
Waterstone Properties
Bought with: Kelly Right RE of Seattle LLC
$665,000
522 Russell Road, Snohomish, WA 98290
4beds
2baths
1,976sqft
Duplex
Built in 1968
-- sqft lot
$648,300 Zestimate®
$337/sqft
$2,690 Estimated rent
Home value
$648,300
$603,000 - $700,000
$2,690/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 25, 2024 at 02:30pm
Listed by:
Zachary W. Schwarzmiller,
Waterstone Properties
Bought with:
Geetika Nagpal, 112803
Kelly Right RE of Seattle LLC
Source: NWMLS,MLS#: 2288101
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Flooring: Vinyl Plank
- Has fireplace: No
Interior area
- Total structure area: 1,976
- Total interior livable area: 1,976 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Carport spaces: 2
- Uncovered spaces: 4
Lot
- Size: 0.27 Acres
- Features: Fenced-Fully, Outbuildings
Details
- Parcel number: 00543600003000
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- See Remarks
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1968
- Major remodel year: 1968
Utilities & green energy
- Electric: Company: Snohomish County PUD
- Sewer: Septic Tank, Company: Septic
- Water: Community, Company: Pilcuck Riviera #2
Community & neighborhood
Location
- Region: Snohomish
- Subdivision: Machias
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA
- Cumulative days on market: 233 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2024 | Sold | $665,000-7%$337/sqft |
Source:  NWMLS #2288101 | ||
| 9/27/2024 | Pending sale | $715,000$362/sqft |
Source: NWMLS #2288101 | ||
| 9/7/2024 | Listed for sale | $715,000+231.3%$362/sqft |
Source: NWMLS #2288101 | ||
| 7/26/2016 | Sold | $215,825$109/sqft |
Source: NWMLS #950249 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,571 +5.4% | $532,400 +5.3% |
| 2023 | $5,285 -0.7% | $505,400 -11% |
| 2022 | $5,320 +7.5% | $567,700 +34.3% |
Find assessor info on the county website
Neighborhood: 98290
Nearby schools
GreatSchools rating
- 6/10Machias Elementary SchoolGrades: K-6Distance: 0.6 mi
- 3/10Centennial Middle SchoolGrades: 7-8Distance: 2.8 mi
- 7/10Snohomish High SchoolGrades: 9-12Distance: 6.5 mi
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$648,300
2% more+ $12,966
With Zillow Showcase(estimated)
$661,266