We are pleased to present The Armar in Marysville, WA. This 1968 vintage asset features 11 large, partially renovated townhome units averaging 1134 SF. There are 10, 2-bedroom 1.5-bathroom units and 1, 2-bedroom 1-bathroom unit. Unit interiors feature value add potential with laminated vinyl plank flooring, new lighting fixtures, and refaced cabinets. There is potential to increase the in-place NOI by capturing a 13% delta between current and market rents. The Armar provides an excellent opportunity for an investor to acquire a stabilized asset with large units in a landlord friendly submarket.
Property Details
Property Features
Property Information:
Year Built: 1968
Stories: 2
Listing Office:
Office Name: Northmarq Commercial, LLC
Office Phone: (425) 530-8576
Listing Agent: Brendan Greenheck
Interior Features
Interior Information:
Flooring Type: Vinyl Plank
Exterior Features
Exterior Information:
Exterior: Brick, Wood
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.68 Acres
Utilities
Utilities Information:
Heating: Baseboard, Other
Cooling: None
Other
Directions Information:
Directions: Take Exit 199; Turn Right onto WA-528 E/Fourth St; Turn Left onto 47th NE/Liberty St; Slight Right onto Arlington-Marysville Rd/Armar Rd; Destination will be on the Right
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Tax Information:
Annual Amount: $19,321
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Marysville, WA.
This property is $2.4M more than the Median Sold Price in Marysville, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2316705
Listing Office:
Office Name: Northmarq Commercial, LLC
Office Phone: (425) 530-8576
Listing Agent: Brendan Greenheck
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:17:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 25, 2006
Aug 25, 2006Home Sold
$1,023,050
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$19,321
$1,614,000
2019
$17,833
$1,614,000
2018
$13,084
$1,431,000
2017
$15,616
$1,350,000
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Liberty Elementary School
1919 10th St
Distance between this listing and this school0.30 miles
Public District Grades KG-5
4
/10
Allen Creek Elementary School
6505 60th NE
Distance between this listing and this school0.78 miles
Public District Grades KG-5
4
/10
Grove Elementary School
6510 Grove St
Distance between this listing and this school1.19 miles
Public District Grades KG-5
Nearby Schools
2
/10
Marysville Middle School
4923 67th St NE
Distance between this listing and this school0.29 miles
Public District Grades 6-8
2
/10
Totem Middle School
1605 7th St
Distance between this listing and this school0.43 miles
Public District Grades 6-8
5
/10
10th Street School
7204 27th Ave NE
Distance between this listing and this school1.65 miles
Public District Grades 6-8
Nearby Schools
1
/10
Marysville Nwesd 189 Youth Engagement
1605 7th St
Distance between this listing and this school0.43 miles
Public District Grades 10-12
2
/10
Legacy High School
7204 27th Ave NE
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
1
/10
Heritage School
7204 27th Ave NE
Distance between this listing and this school1.68 miles
The neighbors living near this home have an average income of $65,208. Most Marysville, WA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6511 Armar Rd
What is the listing price of this property?
The listing price of 6511 Armar Rd property is $3,100,000.
What type of property is this?
The property 6511 Armar Rd is a house located in Marysville, Washington, 98270.
Is this property for sale now?
Active Listing: 6511 Armar Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $19,321 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 25, 2006 for $1,023,050. (source: MLS/tax record).
What is the square footage of this property?
The sq. ft. of 6511 Armar Rd is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 6511 Armar Rd is 1968.
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This home is located at 6511 Armar Rd in Marysville, WA and zip code 98270. This home, which was built in 1968, sits on a 0.68 acre lot. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $3,100,000.
In November 2024 more than 28 listings in Marysville, WA were sold above the asking price. During the same period more than 38 listings were sold at asking price, while more than 31 were sold below. The number of listings in Marysville, WA decreased by 12.8% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $636,259.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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