Two nicely maintained side by side 1986 built duplexes in Alderwood Manor (4 plex), within 1 mile of the future Lynnwood light rail station. Good size 2 bedroom/1 bath units with in-unit washer and dryer, skylight in bathroom. One of 4 units is completely renovated in 2022 with new cabinets, quartz counters, appliances, LVP etc! Other units are also remodeled over the years. Newer vinyl double pane windows. Strong tenant history, current rent is low and have room to go up. Land is over 17,000 sqft and LDMR zoning, potential to build up to 6-7 units (buyer to verify with city), add more units (2nd floor?). Exciting possibilities for expansion and increased rental income. Plenty of parking. Easy access to I-5/405, Alderwood Mall, Edmonds CC!
Sold
Listed by: John L. Scott, Inc. • CL Tang
Bought with: Blue Summit Realty LLC
$1,245,000
3503 204th Street SW, Lynnwood, WA 98036
--beds
--baths
3,072sqft
Quadruplex, Multi Family
Built in 1986
-- sqft lot
$1,226,100 Zestimate®
$405/sqft
$2,720 Estimated rent
Home value
$1,226,100
$1.16M - $1.30M
$2,720/mo
Zestimate® history
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$7,612/mo
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Quartz countersAlderwood mallNew cabinets
Zillow last checked:
Listing updated:
Listed by:
CL Tang,
John L. Scott, Inc.
Bought with:
Deborah A Hanes, 89912
Blue Summit Realty LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2072279
Facts & features
Interior
Heating
- Wall Unit(s), Electric
Cooling
- None
Features
- Flooring: Vinyl, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Features
- Patio & porch: Wall to Wall Carpet
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.4 Acres
- Features: Curbs, Open Lot, Sidewalk, Cable TV, High Speed Internet
Details
- Parcel number: 00372600800906
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subtype: Quadruplex, Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1986
- Major remodel year: 1986
Utilities & green energy
- Electric: Company: Snohomish County PUD
- Sewer: Sewer Connected, Company: Alderwood Water & Wastewater District
- Water: Public, Company: Alderwood Water & Wastewater District
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $405/sqft
- Tax assessed value: $1,124,300
- Annual tax amount: $7,219
- Date on market: 7/30/2023
- Cumulative days on market: 1088 days
- Listing terms: Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 8/8/2023 | Pending sale | $1,200,000-3.6%$391/sqft |
Source: John L Scott Real Estate #2072279 Report a problem | ||
| 8/7/2023 | Sold | $1,245,000+3.8%$405/sqft |
Source:  NWMLS as distributed by MLS GRID #2072279 Report a problem | ||
| 6/7/2023 | Pending sale | $1,200,000$391/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2072279 Report a problem | ||
| 5/31/2023 | Listed for sale | $1,200,000+269.2%$391/sqft |
Source: NWMLS as distributed by MLS GRID #NWM2072279 Report a problem | ||
| 3/27/2000 | Sold | $325,000$106/sqft |
Source: NWMLS as distributed by MLS GRID #20014303 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,620 +18.3% | $1,124,300 +20.1% |
| 2023 | $8,129 +12.6% | $935,900 +8.8% |
| 2022 | $7,219 -8.3% | $860,300 +11.3% |
| 2021 | $7,876 +3.4% | $773,000 +4% |
| 2020 | $7,614 -0.4% | $743,000 +12.1% |
| 2019 | $7,647 | $663,000 +10.5% |
| 2018 | -- | $600,000 +44.6% |
| 2017 | $6,712 +43.4% | $415,000 +8.1% |
| 2016 | $4,680 | $384,000 +13.6% |
| 2015 | $4,680 +4% | $338,000 +9.7% |
| 2013 | $4,500 | $308,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: Alderwood Manor
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Nearby schools
GreatSchools rating
- 6/10Hazelwood Elementary SchoolGrades: K-6Distance: 0.2 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 2.3 mi
- 8/10Mountlake Terrace High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Hazelwood Elem
- Middle: Alderwood Mid
- High: Mountlake Terrace Hi
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
$1,226,100
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
$1,226,100
- Washington
- Snohomish County
- Lynnwood
- 98036
- Alderwood Manor
- 3503 204th Street SW
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