OFF MARKET

Listed by Michael Peters • RE/MAX Northwest. Bought with Champions Real Estate.

Off market aug 2013 for $1.4M

—

Est. refi paymentEst. refi $7,923/mo

—

bd

•

— ba

•

10,560

sq ft

23828 Edmonds Way, Edmonds, WA 98026

map-entry

About this home

The Arbor Court consists of 6 duplex's on a 1.27 acre lot zoned RM 1.5 located in the city of Edmonds. The property has proven easy to rent and offers the future owner a consistent income stream and great potential for future development. The current owners had entitlements for the development of 35 town homes which have now expired. Good mix of 2 and 3 bedroom units on a large private lot gives ample space for each tenant. Prime upper Edmonds location offers great potential.

Multi-familyProperty Type

1960Year Built

1.27 acresLot Size

$133Price/Sq.Ft.

24 spacesParking

Listed by Michael Peters • RE/MAX Northwest

Bought with Sandra Bellingham • Champions Real Estate

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #438635

Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 98026, WA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.0%

0.6% MoM

Median sale price

$917K

$37K MoM

Avg. days on market

13d

2 days MoM

Recently sold homes

132

13 MoM

New listings for sale

OPEN SAT, 10:30AM TO 12:30PM
$269,000
2 beds1 bath880 sq ft
7305 224th St SW Unit F6, Edmonds, WA 98026
Luke Brown • Windermere Real Estate GH LLC
OPEN SAT, 12PM TO 2PM
$321,000
1 bed1 bath740 sq ft
22910 90th Ave W Unit E305, Edmonds, WA 98026
Steven Sterling • Windermere R E Mount Baker
OPEN SAT, 1PM TO 3PM
$399,900
3 beds2 baths1,071 sq ft
7219 224th St SW Unit K1, Edmonds, WA 98026
Donna Walsh • Lake & Company
OPEN THU, 12PM TO 2PM
$1,575,000
4 beds3 baths3,001 sq ft
7114 164th St SW, Edmonds, WA 98026
Penney Shelly • Windermere Real Estate Co.
FOR SALE BY OWNER
$2,450,000
3 beds— baths— sq ft
7917 240th St SW, Edmonds, WA 98026
OPEN SUN, 4:30PM TO 6:30PM
$475,000
2 beds2.5 baths1,080 sq ft
8629 240th St SW Unit A2, Edmonds, WA 98026
Jamie Reece • Keller Williams North Seattle
OPEN SAT, 12PM TO 2PM
$850,000
4 beds2.5 baths2,958 sq ft
17207 76th Ave W, Edmonds, WA 98026
Cori Whitaker • Windermere RE North, Inc.
$598,000
3 beds1 bath1,426 sq ft
20807 80th Ave W, Edmonds, WA 98026
Megan Green • FIRST AND MAIN
OPEN SAT, 10AM TO 2PM
$598,450
2 beds2.5 baths1,750 sq ft
5020 148th St SW Unit E3, Edmonds, WA 98026
Daks Falk • Horizon Real Estate
$425,000
3 beds2.5 baths1,210 sq ft
21325 76th Ave W Unit A3, Edmonds, WA 98026
Jennifer Quarrles • Kelly Right RE of Seattle LLC
See all

Provided by Redfin

Sale history for 23828 Edmonds Way

Date

Event

Price

Aug 26, 2013

Sold

Public Records

$1,400,000

$133/sq ft

Aug 28, 2013

Delisted

NWMLS as Distributed by MLS Grid #438635

—

Aug 26, 2013

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #438635

$1,400,000

$133/sq ft

Jun 19, 2013

Pending

NWMLS as Distributed by MLS Grid #438635

—

May 22, 2013

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #438635

—

Jan 17, 2013

Listed (Active)

NWMLS as Distributed by MLS Grid #438635

$1,450,000

$137/sq ft

Dec 28, 2006

Sold

Public Records

$1,622,580

$154/sq ft

Dec 30, 1985

Sold

Public Records

$369,000

$35/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$26,114 (+13.7%)

$2,241,900 + $1,023,100

$3,265,000

2025

$22,969 (−0.2%)

$2,241,900 + $1,023,100

$3,265,000

2024

$23,017 (+14.0%)

$2,196,600 + $1,068,400

$3,265,000

2023

$20,191 (+15.1%)

$1,812,100 + $1,155,900

$2,968,000

2022

$17,541 (+5.8%)

$1,397,100 + $722,900

$2,120,000

2021

$16,579 (−5.3%)

$1,327,900 + $691,100

$2,019,000

2020

$17,513 (+10.9%)

$1,327,900 + $691,100

$2,019,000

2019

$15,793 (−3.2%)

$1,272,600 + $614,400

$1,887,000

2018

$16,320 (+5.8%)

$1,078,900 + $437,100

$1,516,000

2017

$15,428 (−0.8%)

$1,078,900 + $437,100

$1,516,000

2016

$15,558 (+3.6%)

$1,078,900 + $437,100

$1,516,000

2015

$15,017 (+8.0%)

$1,078,900 + $299,100

$1,378,000

2014

$13,907 (−16.1%)

$1,078,900 + $299,100

$1,378,000

2013

$16,571 (+4.9%)

$1,078,900 + $185,100

$1,264,000

2012

$15,798 (+6.1%)

$1,231,100 + $204,900

$1,436,000

2011

$14,891 (−3.4%)

$1,231,100 + $204,900

$1,436,000

2010

$15,416

$1,659,900 + $100,100

$1,760,000

2009

$15,416

$1,659,900 + $100,100

$1,760,000

Tax history for 23828 Edmonds Way

Year

Property tax

Land + Additions

Assessment*

2026

$26,114 (+13.7%)

$2,241,900 + $1,023,100

$3,265,000

2025

$22,969 (−0.2%)

$2,241,900 + $1,023,100

$3,265,000

2024

$23,017 (+14.0%)

$2,196,600 + $1,068,400

$3,265,000

2023

$20,191 (+15.1%)

$1,812,100 + $1,155,900

$2,968,000

2022

$17,541 (+5.8%)

$1,397,100 + $722,900

$2,120,000

2021

$16,579 (−5.3%)

$1,327,900 + $691,100

$2,019,000

2020

$17,513 (+10.9%)

$1,327,900 + $691,100

$2,019,000

2019

$15,793 (−3.2%)

$1,272,600 + $614,400

$1,887,000

2018

$16,320 (+5.8%)

$1,078,900 + $437,100

$1,516,000

2017

$15,428 (−0.8%)

$1,078,900 + $437,100

$1,516,000

2016

$15,558 (+3.6%)

$1,078,900 + $437,100

$1,516,000

2015

$15,017 (+8.0%)

$1,078,900 + $299,100

$1,378,000

2014

$13,907 (−16.1%)

$1,078,900 + $299,100

$1,378,000

2013

$16,571 (+4.9%)

$1,078,900 + $185,100

$1,264,000

2012

$15,798 (+6.1%)

$1,231,100 + $204,900

$1,436,000

2011

$14,891 (−3.4%)

$1,231,100 + $204,900

$1,436,000

2010

$15,416

$1,659,900 + $100,100

$1,760,000

2009

$15,416

$1,659,900 + $100,100

$1,760,000

*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

6

Baths

2

Stories

1

Lot width

—

Lot depth

—

Lot size

1.27 Acres

Year renovated

—

Sq. Ft.

1,920

Year built

1960

Style

Multi-Family (5+ Unit)

County

Snohomish County

APN

00463301000402

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 5, 2026.

RM-1.5

EDMONDS WAY CORRIDOR

Multiple Residential Zone

The RM zone has the following specific purposes in addition to the general purposes for residential zones; To reserve and regulate areas for a variety of housing types, and a range of greater densities than are available in the middle housing residential zones, while still maintaining a residential environment; To provide for those additional uses which complement and are compatible with multiple residential uses.

Zone overlays

Corridor Development

Permitted uses

Include but are not limited to:

Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Public service
Educational/school
Park & open space

Property details

Parking

Parking Information
Parking Uncovered Spaces: 20
Open Parking Spaces: 20
Carport Spaces: 4
Has Open Parking

Interior

Heating & Cooling
Has Heating

Multi-Family Financial Information
Electric Expense: $714
Insurance Expense: $2,811
Other Expense: $6,400
Net Operating Income: $108,909
Gross Adjusted Income: 147459
Gross Scheduled Income: $155,220
Total Monthly Income: 12935
Gross Rent Multiplier: 10
Total Expenses: 38550

Multi-Unit Information
Units Below Grade: false
Units In Building Total: 12
Vacancy Rate: 5
# of Units (Total): 6
Furnished: Unfurnished

Exterior

Building Information
Roof: Composition

Exterior Features
Exterior Features: Wood, Wood Products

Property Information
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Property Condition: Average

Land Information
Possible Use: Multi-Family

Lot Information
Zoning Jurisdiction: City
Lot Features: Curbs, Paved, Sidewalk
Lot Size Units: Square Feet
Lot Size Acres: 1.2741
Lot Size Dimensions: 242x300x170x161
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $15,798
Tax Year: 2011

Financial Information
Listing Terms: Cash Out
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Public
Sewer: Sewer Connected
Utilities: Sewer Connected, Electric
Water Sewer Garbage: 12827

Location

School Information
High School District: Edmonds

Location Information
Directions: I-5 to 205th St Exit head West and Stay to the Right and it turns into Edmonds Way, Arbor Court is on the Left.

Public facts

Beds: 6
Baths: 2.0
Sq. Ft.: 1,920
Stories: 1.0
Lot Size: 1.27 acres
Style: Multi-Family (5+ Unit)
Year Built: 1960
Year Renovated: —
County: Snohomish County
APN: 00463301000402

Home facts updated by county records on Oct 5, 2026

Other

Listing Information
Mls Status: Sold

Listing Date Information
On Market Date: Tuesday, January 15, 2013

Green Information
Power Production Type: Electric

Home Information
Living Area Units: Square Feet
Calculated Square Footage: 10560
Building Area Total: 10560
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Structure Type: Multi Family
Stories Total: 2

Around this home

Schools

Sherwood Elementary School

Public K-6 • Assigned • 1.2mi

9/10

College Place Middle School

Public 7-8 • Assigned • 2.1mi

4/10

Edmonds Woodway High School

Public 9-12 • Assigned • 1.7mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk 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

7 days above 86° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Edmonds, WA • 98026

Average low and high temperatures (°F)

46

36

47

37

52

40

59

43

66

48

72

52

75

55

76

58

70

54

59

46

51

42

47

40

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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OPEN SAT, 10AM TO 2PM

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Home values near 23828 Edmonds Way

Data from public records.

Address	Redfin Estimate
23830 Edmonds Way, Edmonds, WA - Beds \| - Baths \| 3350 Sq. Ft.	$1,377,585
8729 240th St SW, Edmonds, WA 4 Beds \| 3 Baths \| 2319 Sq. Ft.	$1,024,138

Address	Redfin Estimate
8710 238th St SW, Edmonds, WA - Beds \| 4 Baths \| 3360 Sq. Ft.	$1,199,058
8723 238th St SW Apartment C7, Edmonds, WA 2 Beds \| 1.5 Baths \| 1142 Sq. Ft.	$402,616

Address	Redfin Estimate
8801 240th St SW, Edmonds, WA 3 Beds \| 2.5 Baths \| 2344 Sq. Ft.	$973,453
8828 238th St SW Apartment A1, Edmonds, WA 3 Beds \| 2.5 Baths \| 1179 Sq. Ft.	$547,531

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2013. This data may not match . Learn more.

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