Listed by RE/MAX Elite, Bought with KW North Sound
NOT LISTED FOR SALE

Estimated Value: $356,617 - $432,000

4 Beds
2 Baths
1,326 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $500,000 $377 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $2,399/month

25 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Property is Fully Fenced
  • View Ridge Elementary School Rated A-
  • High Speed Internet
  • Wood Siding

About This Home

As of April 2023

DUPLEX - Grow your investment portfolio with this prime opportunity in Everett! Located in a quiet neighborhood but still close to Evergreen Way and I-5, this mountain view duplex features two 2 bed/1 bath units with separate fully fenced yards and individual storage sheds. NEW ROOF installed in 2022 provides low initial overhead! Units are both occupied with quality long-term tenants in good standing on month-to-month leases. Don’t miss this excellent investment opportunity!

Last Agent to Sell the Property

Nicole Serviss

RE/MAX Elite License #22034340 Listed on: 07/22/2022

RE/MAX Elite

Co-Listed By

Rob Serviss

RE/MAX Elite License #25020732

Last Buyer's Agent

Todd Duitsman

KW North Sound License #104651

KW North Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1972651

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1941

Lot Details

  • 4,792 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00402900002500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,830

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1326
  • SOCComments: Thank you!
  • Special Features: VirtualTour
  • Cumulative Days on Market: 360

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 2760

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00402900002500
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Outbuildings
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 19710
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1326
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Apr 13, 2023
Sold by
Campbell Cory and Campbell Ryanne
Bought by
Manor Investments Llc
Seller's Agent
Nicole Serviss
RE/MAX Elite
Buyer's Agent
Todd Duitsman
KW North Sound
List Price
$515,000
Sold Price
$500,000
Premium/Discount to List
-$15,000
-2.91%
Views
72
Current Estimated Value
$381,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,128
Original Mortgage
$460,000
Outstanding Balance
$448,739
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2020
Sold by
Flitz Randall L and Flitz Patricia M
Bought by
Campbell Cory and Campbell Ryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1999
Sold by
Corliss Donald Allan
Bought by
Flitz Randall L and Flitz Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,800
Interest Rate
8%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Manor Investments Llc $500,000 Cw Title
Campbell Cory $400,000 First American Title
Flitz Randall L $113,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Parker $255,200
Open Manor Investments Llc $460,000
Previous Owner Campbell Cory $300,000
Previous Owner Flitz Randall L $294,000
Previous Owner Flitz Randall L $90,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $500,000 -2.9% $377 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $515,000 -- $388 / 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
2023 $3,476 $423,300 $304,000 $119,300
2022 $2,831 $309,200 $208,100 $101,100
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 $1,943 $167,200 $97,900 $69,300
2015 $1,702 $137,900 $79,800 $58,100
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: 1972651

Northwest Multiple Listing Service (NWMLS)

APN: 004029-000-025-00