Listed by Windermere Real Estate Co., Bought with Inspire Realty
NOT LISTED FOR SALE

Estimated Value: $533,868 - $592,000

4 Beds
2 Baths
1,326 Sq Ft
$429/Sq Ft Est. Value

Last Sold September 26, 2019

Last sale price $345,000 $260 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,420/month

7 Days on Market

Highlights

  • Corner Lot
  • Thermal Windows
  • Wood Siding
  • View Ridge Elementary School Rated A-
  • Partially Fenced Property
  • Vinyl Flooring

About This Home

As of September 2019

Forest Park side by side duplex on a large corner lot with excellent upkeep, maintenance & rental history. Both units are 2 bedroom/1 bath w/a washer & dryer in each unit. Upgraded hardwood laminate floors, double pane windows, paint & roof. Each unit has a fenced yard & storage shed. Great investment or perfect for owner occupant to live in 1/2 & rent the other. Plenty of off street parking on west & north sides. Great location close to Boeing, Evergreen Way, Everett Mall & Swift bus line

Last Agent to Sell the Property

Mike Woods

Windermere Real Estate Co. License #35783 Listed on: 08/13/2019

Windermere Real Estate Co.

Last Buyer's Agent

Paul Lennick

Inspire Realty License #112014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1501353

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1941

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Laminate
  • Vinyl

Schools

  • View Ridge Elementary School
  • Evergreen Mid Middle School
  • Everett High School

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Cascade Terrace Condos
  • Forest Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / Vol 12 Page 41
  • Assessor Parcel Number 00402900002400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,554

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cascade Terrace
  • New Construction: No
  • CalculatedSquareFootage: 1326
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 358

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 2024

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: Evergreen Mid

Lot Info

  • Parcel Number: 00402900002400
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,Outbuildings
  • MLSLotSizeSource: SCR
  • LotNumber: 24

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2545

Multi Family

  • Gross Scheduled Income: 30540
  • Net Operating Income: 24057
  • Number Of Units Total: 2
  • Insurance Expense: 683
  • Leasable Area: 1326
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2554

MLS Schools

  • Elementary School: View Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Sep 6, 2019
Sold by
Bicknell Douglas A and Bicknell Belinda A
Bought by
Lennick Paul and Heutink Nicholas
Seller's Agent
Mike Woods
Windermere Real Estate Co.
Buyer's Agent
Paul Lennick
Inspire Realty
List Price
$349,757
Sold Price
$345,000
Premium/Discount to List
-$4,757
-1.36%
Current Estimated Value
$569,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,217
Avg. Annual Appreciation
8.77%
Original Mortgage
$284,452
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2004
Sold by
Hall Donald J and Hall Elaine M
Bought by
Bicknell Douglas A and Bicknell Belinda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lennick Paul $334,650 Chicago Title
Bicknell Douglas A $210,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heutink Nicholas $283,000
Closed Lennick Paul $284,452
Previous Owner Bicknell Douglas A $142,500
Previous Owner Bicknell Douglas A $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $345,000 -1.4% $260 / Sq Ft
08/20/2019 08/20/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $349,757 -- $264 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,829 $454,600 $317,500 $137,100
2024 $3,829 $445,800 $308,700 $137,100
2023 $3,860 $470,100 $308,800 $161,300
2022 $3,157 $344,800 $208,100 $136,700
2020 $2,953 $263,100 $172,900 $90,200
2019 $2,554 $229,000 $154,900 $74,100
2018 $2,370 $194,800 $132,100 $62,700
2017 $2,133 $174,600 $113,100 $61,500
2016 $2,267 $195,000 $97,900 $97,100
2015 $1,941 $157,300 $79,800 $77,500
2013 $1,843 $131,800 $50,400 $81,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1501353

Northwest Multiple Listing Service (NWMLS)

APN: 004029-000-024-00