**INVESTOR ALERT ~ Desirable City of Lake Stevens! Preliminary short plat done - shovel ready. (Lot 1) has existing Triplex ~ New roof and gutters. Fresh updates with new appliances ~ granite counters ~ vinyl flooring ~ lighting ~ paint and permitted decks. Each unit has their own fenced yard and lower-level laundry including storage space. Unit 1 showcases a below grade studio. (Lot 2) ~ residential, (lot 3) w/duplex potential. City water & sewer. Prime location w/new housing developments, Costco, and quick access to Hwy 9, Hwy 2 and I-5. See attached plat for improvements needed. 100% occupancy including original farmhouse ~ please use discretion when walking exterior. Great opportunity for the investor and/or 1031 Exchange.
Sold
Listed by: Snohomes Realty Inc • Dawna D. Finley
Bought with: Dream Investment Realty
$1,200,000
531 83rd Avenue SE, Lake Stevens, WA 98258
--beds
--baths
3,567sqft
Triplex, Multi Family
Built in 1967
-- sqft lot
$-- Zestimate®
$336/sqft
$1,876 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,876/mo
Zestimate® history
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List your homeWhat's special
Original farmhouseLower-level laundryCity of lake stevensNew housing developmentsFresh updatesGranite countersStorage space
Zillow last checked:
Listing updated:
Listed by:
Dawna D. Finley,
Snohomes Realty Inc
Bought with:
Won Hwoan Ko, 23541
Dream Investment Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 1963002
Facts & features
Interior
Heating
- Electric
Cooling
- Has cooling: Yes
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,567
- Total interior livable area: 3,567 sqft
Property
Parking
- Total spaces: 12
- Parking features: RV Parking
- Uncovered spaces: 10
Features
- Patio & porch: Laminate
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.03 Acres
- Features: Paved, Deck, Fenced-Partially, RV Parking
Details
- Parcel number: 00476200100801
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 1967
- Major remodel year: 1967
Utilities & green energy
- Electric: Company: PUD
- Sewer: Available, Sewer Connected, Company: City of Lake Stevens
- Water: Community, Company: City
Community & HOA
Community
- Subdivision: Lake Stevens
Location
- Region: Lake Stevens
Financial & listing details
- Price per square foot: $336/sqft
- Tax assessed value: $1,161,900
- Annual tax amount: $5,903
- Date on market: 6/4/2022
- Cumulative days on market: 1509 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2023 | Sold | $1,200,000-14.3%$336/sqft |
Source:  NWMLS as distributed by MLS GRID #1963002 Report a problem | ||
| 6/18/2023 | Pending sale | $1,400,000$392/sqft |
Source: NWMLS as distributed by MLS GRID #NWM1963002 Report a problem | ||
| 3/9/2023 | Price change | $1,400,000-6.7%$392/sqft |
Source: NWMLS as distributed by MLS GRID #NWM1963002 Report a problem | ||
| 7/5/2022 | Listed for sale | $1,500,000+275%$421/sqft |
Source: NWMLS as distributed by MLS GRID #1963002 Report a problem | ||
| 2/21/2019 | Sold | $400,000+77.8%$112/sqft |
Source: Public Record Report a problem | ||
| 3/16/1998 | Sold | $225,000$63/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,388 +12.6% | $1,161,900 +29.1% |
| 2023 | $9,229 +56.3% | $899,800 +29.8% |
| 2022 | $5,903 -11% | $693,000 +6.9% |
| 2021 | $6,630 -3.2% | $648,000 +1% |
| 2020 | $6,846 -10.6% | $641,800 +1.4% |
| 2019 | $7,653 | $633,200 +55.5% |
| 2018 | -- | $407,100 +21.9% |
| 2017 | $5,264 +21.1% | $334,000 |
| 2016 | $4,346 | $334,000 +5% |
| 2015 | $4,346 -7.5% | $318,000 +4.3% |
| 2013 | $4,699 | $305,000 |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 98258
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Nearby schools
GreatSchools rating
- 6/10Hillcrest Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Lake Stevens Middle SchoolGrades: 6-7Distance: 0.5 mi
- 9/10Lake Stevens Sr High SchoolGrades: 10-12Distance: 2.9 mi
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- Washington
- Snohomish County
- Lake Stevens
- 98258
- 531 83rd Avenue SE
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