9508 59th Ave W Mukilteo, WA 98275

3 beds · 2 baths · 2,427 sq ft · Lot Size: 18,731 sq ft · Single Family Home
Est. Property Value: $1,672,553
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9508 59th Ave W is in the 98275 neighborhood of Mukilteo, WA. It is located in Snohomish County and ZIP code 98275. This Single Family Home was built in 1976 and is approximately 49 years old. The single family home spans 2427 sq ft with 3 bedrooms and 2 bathrooms and sits on a 18731 sq ft lot. According to public records, it was last sold in 1993 for $263,000 and has a tax-assessed value of $927,500, which is $689 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 9508 59th Ave W Mukilteo, WA 98275 with Property Intel by Whitepages.

9508 59th Ave W

Mukilteo, WA 98275

Neighborhood

Owners & Occupancy for 9508 59th Ave W

No contact information is available.

Occupancy

Resident 1************* age 84

Property Financials for 9508 59th Ave W

9508 59th Ave W, Mukilteo, WA has a mortgage from Directors Mtg Ln (orig. November 23, 1993). The Snohomish county assessment for 2024 values it at $927,500, with annual taxes of $6,900.

Mortgage & Equity Information

Loan Amount$******
LenderDirectors Mtg Ln
Origination DateNovember 23, 1993
Interest Rate****%
Term30 Years
Rate TypeAdjustable
Est Balance$*
Due Date*****************
Equity View Equity

Property Tax

Purchase DateNovember 23, 1993
Property Tax Amount$6,900 in 2024
Purchase Price$263,000
Assessed Value$927,500 on 2024

Investment Potential for 9508 59th Ave W

The property has a current estimated value of $1,672,553, which is 49% above the zip median, based on public records. It last sold on November 23, 1993 for $263K. Projected long-term
is $42,600 annually ($3,550 per month) with a 93% occupancy rate.

Discover more Single Family Homes in 98275.

Long-Term

Gross Rental
$42,600 per year($3,550 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 98275 zip code
 
View Rental Potential

Property Details for 9508 59th Ave W

Property Details

Property Sq Ft

Living Area

2,427 sq ft

11% above market

Lot Size

18,731 sq ft

95% above market

Price Per Sq Ft

Living Area

$689 / sq ft

31% above market

Lot Size Area

$89 / sq ft

21% below market

Property condition, age, exterior, etc. for 9508 59th …
Longitude: -122.313649 Latitude: 47.912299 Parcel Number (APN): 006484-000-001-00…

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Market Benchmarks

Compare data for 9508 59th Ave W in Snohomish County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,672,553
$552,818
$1,119,735 (203%)
$639,497
$1,351,936 (211%)
YoY Price Change
Year Built
1976
1984
-8 years
Living Space
2,427 sq ft
1,695 sq ft
732 (43%)
$ Per Living Sq Ft
$689
$325
$364 (112%)
Lot Size
18,731 sq ft
9,815 sq ft
8916 (91%)
$ Per Lot Sq Ft
$89
$52
$38 (73%)

Net Operating Income
$22,264
-$4,324 (-19%)
Annual Revenue
$42,600
$36,000
$6,600 (18%)
$13,147
$11,513 (88%)
Net Operating Income
$22,264
-$4,324 (-19%)
Cap Rate
3.94%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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