The property was built in 1994 and has been well cared for under the same ownership for the past 23 years. The building offers high quality amenities to the tenants including in-unit washer/dryer hookups, fireplaces, private decks, full appliance packages, storage units and two parking stalls for each unit. The primary bedroom in each unit has a huge walk-in closet and an ensuite bathroom with a double vanity. The units are comprised of 5 – 891 square foot 2-bedroom/2-bathroom units. The seller lightly updated unit 301 and is currently asking $2,315 for the unit. The remaining units reside at an average rent of $1,887 providing significant upside for the next owner.
Sold
Listed by: Paragon Real Estate Advisors • Michael Urquhart
Bought with: Paragon Real Estate Advisors
$1,600,000
4721 194th Street SW, Lynnwood, WA 98036
10beds
10baths
4,455sqft
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$359/sqft
$2,809 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,809/mo
Zestimate® history
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$9,703/mo
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List your homeWhat's special
Full appliance packagesHuge walk-in closetLightly updated unitPrivate decks
Zillow last checked:
Listing updated:
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors
Bought with:
Michael Urquhart, 135356
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2305638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 4,455
- Total interior livable area: 4,455 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Carport spaces: 3
- Uncovered spaces: 7
Lot
- Size: 0.27 Acres
Details
- Parcel number: 501800100804
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 5-9 Units
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1994
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $1,229,000
- Annual tax amount: $9,479
- Date on market: 12/11/2024
- Cumulative days on market: 588 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2024 | Sold | $1,600,000+7%$359/sqft |
Source:  NWMLS as distributed by MLS GRID #2305638 Report a problem | ||
| 10/29/2024 | Pending sale | $1,495,000$336/sqft |
Source: NWMLS as distributed by MLS GRID #2305638 Report a problem | ||
| 10/26/2024 | Listed for sale | $1,495,000+199%$336/sqft |
Source: NWMLS as distributed by MLS GRID #2305638 Report a problem | ||
| 3/13/2001 | Sold | $500,000$112/sqft |
Source: NWMLS as distributed by MLS GRID #20146267 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,052 +6.1% | $1,229,000 +2.6% |
| 2023 | $9,479 +1.8% | $1,197,400 -2.1% |
| 2022 | $9,310 -22.9% | $1,223,200 -6.6% |
| 2021 | $12,070 +6.5% | $1,309,000 +6% |
| 2020 | $11,331 +0% | $1,235,000 +12% |
| 2019 | $11,331 | $1,103,000 +11% |
| 2018 | -- | $994,000 +36.7% |
| 2017 | $9,564 +37.1% | $727,000 +7.7% |
| 2016 | $6,977 | $675,000 +8.7% |
| 2015 | $6,977 +10.5% | $621,000 +16.5% |
| 2013 | $6,313 | $533,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2002 | -- | -- |
| 2001 | $4,886 | $392,900 |
Find assessor info on the county website
Neighborhood: 98036
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Nearby schools
GreatSchools rating
- 6/10Lynnwood ElementaryGrades: K-6Distance: 0.5 mi
- 7/10Alderwood Middle SchoolGrades: 7-8Distance: 2.5 mi
- 6/10Lynnwood High SchoolGrades: 9-12Distance: 2.7 mi
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- Washington
- Snohomish County
- Lynnwood
- 98036
- 4721 194th Street SW
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