8010 242nd Street SW Edmonds, WA 98026

Active

$2,400,000

Market Estimate

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0.71 Acres
Land
Listing# 1681720

Listing provided courtesy of: Skyline Properties, Inc.

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Views: 26 Days On Site: 130

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Property Details

Description

Builders/Investors. 3 neighbors selling together for this price, Lots combined=30,928. Zoned CG limited only by your imagination. Condo's w/mix of commercial, Townhomes. Unique property/huge potential. Possible 75 ft height. Buyer to verify w/city of Edmonds. Ideal location on Sno/King Cnty line. Close to Transit/New light rail. 3 livable homes to rent while building: 8010: 4 bdrm 3 bth, ADU potential, 8018: 3 bdrm 2 bth, 8026: 4 bdrm 2 bth +2 hook-ups. No sign. Invest or Build!

General Features
- Building Name Lake McAleer
- County Or Parish Snohomish
- Furnished Unfurnished
- MLS Area Major 730 - Southwest Snohom
- Property Sub Type Land
- Special Listing Conditions None
- Style Code 42Multi-Family
- Subdivision Name Lake Ballinger
- Tax Annual Amount 3109
- Tax Year 2020
- Zoning Description CG
Building Features
- Building Area Total 0
- Building Area Units Square feet
- Living Area 0
- Living Area Units Square feet
Property Features
- Carport Y/N No
- Garage Y/N No
- Irrigation Water Rights Y/N No
- Lot Features Adjacent to Public Land, Dead End Street, Paved
- Lot Size Acres 0.71
- Lot Size Dimensions 30000
- Lot Size Square Feet 30928
- Lot Size Units Square feet
- Parking Features Garage
- Road Surface Type Paved
- Sewer On Property
- Topography Level, Sloped
- Utilities Electricity Connected
- View Lake, Mountain(s)
- View Y/N Yes
- Waterfront Y/N No
Schools
- Elementary School Westgate ElemWg
- High School Edmonds Woodway High
- High School District Edmonds
- Middle Or Junior School College Pl Mid

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Neighborhood

98026 (Edmonds) Demographics

43 Median Age

3,951 Population Density (per sq. mile)

51% College Educated

$81,924 Estimated Median Income

10,737 Estimated Total Home Owners

3,822 Estimated Total Renters

74% / 26% Estimated Owner / Renter Divide

2 Estimated Average Household Size

36,844 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$710,000 Median Sales Price

34 Homes Sold

50 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price
--	Current Price Source	New Value: $2,400,000
2/25/2021 8:17:09 PM	Status Changed Source	New Value: Active
12/4/2020 3:32:03 PM	Status Changed Source	New Value: Pending
10/23/2020 1:23:00 PM	New in Database Source	New Value: $2,400,000

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**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2021. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

8010 242nd Street SW $2,400,000