20955 Morgan Lane $350,000

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    20955 Morgan Lane Burlington, WA 98233

    • 0 Beds
    • 0 Baths
    • 2,304 sq.ft.
    • Multi-Family
    Listing# 1497259
    SOLD 12/3/2019

    $350,000

    Days On Market: 7 6 Views
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    Property Details

    Great investment with upside. Both units are 2 bedroom 1.5 baths, approximately 1150 square feet and have great layouts and big back yards. Rents are below market rates, so theres alot of room for upside on these. Buy one or both

    • General Features
      • County Skagit
      • Zoning Code Multi-Family, Residential
      • County Skagit
      • Lot Details Cul-de-sac, Dead End Street
      • Lot Square Footage 13,984
      • Number of Stories 2
      • Number of Units 2
      • Site Features Patio
      • Style 52-Duplex
      • Year Built 1978
    • Building Features
      • Roof Compostion
      • Exterior Wood, Wood Products
      • Approx SqFt 2,304
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete
    • Financials
      • Total Monthly Income $1,800
      • Net Operating Income $14,891
      • Gross Scheduled Income $21,600
      • Gross Adjusted Income $21,600
      • Total Expenses $6,709
      • Other Expenses $0
      • Insurance Expenses $1,836
      • Expenses $6,709
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 17
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $3,606
      • Energy Source Electric
      • Heating and Cooling Forced Air
      • Water Company PUD
      • Sewer Company Septic
    • Schools
      • School District Burlington
      • Senior High Burlington Edison Hi
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98233 (Burlington) Demographics

    39 Median Age
    440 Population Density (per sq. mile)
    29% College Educated
    $54,789 Estimated Median Income
    3,667 Estimated Total Home Owners
    2,215 Estimated Total Renters
    62% / 38% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    14,896 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $375,000 Median Sales Price
    19 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source New Value: $379,000 8.29%
        12/3/2019 12:00:00 AM Sold Source New Value: $350,000 -4.11%
        10/14/2019 11:01:50 AM Status Changed Source New Value: Pending
        10/8/2019 10:41:33 AM Price Reduced Source New Value: $365,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. 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, 2019. 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.