Listed by Angela Hardy • Berkshire Hathaway HS NW. Bought with ZNonMember-Office-MLS.
Off Market Dec 2016 for $1.1M
—
Est. refi paymentEst. refi$3,513/mo
—
bd
•
— ba
•
5,768
sq ft
23014 Locust Way, Bothell, WA 98021
About this home
Attention builders, developers and investors! Unique opportunity in sought-after Bothell area with huge potential. Property consists of 2 adjoining tax parcels totaling over 3 acres connecting Barker Road to Locust Way. 3 existing structures on the property contain 8 separate rental units all with individual electrical meters. Rental units need work. Ideal scenario for building multiple single family homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
2.01 Acres
Year renovated
—
Sq. Ft.
3,204
Year built
1955
Style
Single Family Residential
County
Snohomish County
APN
00374100200301
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 12, 2026.
R-9,600
Single Family Residential Zone
The intent and function of Single Family Residential zones is to provide for predominantly single family residential development that achieves a minimum net density of 4 dwelling units per net acre.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Kennel
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Parking Uncovered Spaces: 14
Covered Spaces: 2
Parking Features: RV Parking
Open Parking Spaces: 14
Has Open Parking
Interior
Heating & Cooling
Has Heating
Has Cooling
Interior Features
Interior Features: Ceramic Tile, Wall to Wall Carpet, Laminate Tile
Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
Exterior
Building Information
Roof: Composition, Flat, Torch Down
Exterior Features
Exterior Features: Wood
Property Information
Energy Source: Electric,Natural Gas
Style Code: 55 - 5-9 Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Fair
Land Information
Possible Use: Residential
Lot Information
Lot Number: 3
MLS Lot Size Source: Realist
Site Features: Cable TV,Deck,Gas Available,Outbuildings,Patio,RV Parking,Shop
Lot Features: Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 3.05
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $8,841
Tax Year: 2015
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional
Utilities
Utility Information
Water Source: Public
Water Company: Alderwood Water
Power Company: Sno Cty PUD/PSE
Sewer: Septic Tank
Sewer Company: Septic
Utilities: Cable Connected, Natural Gas Available, Septic System, Electric, Natural Gas Connected
Water Sewer Garbage: 3476
Location
Multi-Family Financial Information
Electric Expense: $707
Insurance Expense: $1,145
Net Operating Income: $62,271
Gross Adjusted Income: 76440
Gross Scheduled Income: $86,640
Total Monthly Income: 8300
Gross Rent Multiplier: 14
Total Expenses: 14169
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 8
Vacancy Rate: 13
# of Units (Total): 8
School Information
Elementary School: Lockwood Elem
Middle Or Junior High School: Kenmore Middle School
High School: Inglemoor Hs
High School District: Northshore
Location Information
Directions: From Bothell Way head North on 61st Ave NE - becomes 61st PL NE. Then becomes Locust Way. 1st driveway on the left after bridge on Locust.
Community Information
Amenities: Storage
Public facts
Beds: 5
Baths: 4.0
Sq. Ft.: 3,204
Stories: 2.0
Lot Size: 2.01 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: —
County: Snohomish County
APN: 00374100200301
Home facts updated by county records on Jun 12, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Saturday, April 30, 2016
Green Information
Power Production Type: Electric, Natural Gas
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 5768
Building Area Total: 5768
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Building Name: Alderwood Manor 12
Structure Type: Multi Family
Stories Total: 2
Around this home
Schools
Places
Transit
Lockwood Elementary School
Public PreK-5 • Assigned • 0.8mi
10/10
Kenmore Middle School
Public 6-8 • Assigned • 0.9mi
6/10
Bothell High School
Public 9-12 • Assigned • 2.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 86° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
9 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Bothell, WA • 98021
Average low and high temperatures (°F)
46
35
48
36
53
40
60
42
67
47
72
53
78
55
77
58
71
54
60
45
51
42
48
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.6 hours in
June and 1.7 hours in December, placing it below the
U.S. average for solar exposure.
8.6 hrs
1.7 hrs
JuneDecember
Provided by Shadowmap
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