Listed by Redfin, Bought with RE/MAX Elite
$400,000
SOLD JUN 9, 2020
-- Bed
-- Bath
1,326 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$302 Per Sq Ft

6% Below List Price

Highlights

  • Corner Lot
  • Thermal Windows
  • Vinyl Flooring
  • View Ridge Elementary School Rated A-
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of December 2024

Incredible investment opportunity located in Everett. Each unit features 2 bedrooms with 1 bathroom, include all appliances and outdoor storage sheds. Both units have long term tenants with renewed 6 month lease. Newer hardwood laminate flooring, recently updated interior paint, hot water tanks and fuse box. Tenants pay power. Centrally located, close to shopping, freeways, and bus lines.

Last Agent to Sell the Property

Yesay Semerjian

Redfin License #117800 Listed on: 02/13/2020

Redfin

Last Buyer's Agent

Nicole Serviss

RE/MAX Elite License #22034340

RE/MAX Elite

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1563386

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1941

Lot Details

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

Home Design

  • Duplex
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Laminate
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Outbuilding

Community Details

  • Cascade Terrace Add Condos
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00402900002500

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 Add
  • New Construction: No
  • CalculatedSquareFootage: 1326
  • Special Features: None

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 Products
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works
  • WaterSewerGarbage: 1942

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00402900002500
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings
  • MLSLotSizeSource: Realist- Buyer to Verify

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2200

Multi Family

  • Gross Scheduled Income: 26400
  • Net Operating Income: 21042
  • Number Of Units Total: 2
  • Insurance Expense: 862
  • Leasable Area: 1326
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2554

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Dec 9, 2024
Sold by
Manor Investments Llc
Bought by
Sanchez Ignacia
Seller's Agent
Todd Duitsman
KW North Sound
Buyer's Agent
Denisse Haggett
Keller Williams Eastside
List Price
$355,000
Sold Price
$355,000
Views
72
Current Estimated Value
$347,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,088
Avg. Annual Appreciation
-3.07%
Original Mortgage
$319,500
Outstanding Balance
$318,390
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$28,411
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 Type Sale Price Title Company
Warranty Deed $355,000 Chicago Title
Warranty Deed $355,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $319,500 New Conventional
Closed $319,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $355,000 0.0% $535 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $355,000 -11.3% $535 / Sq Ft
06/09/2020 06/09/20 Sold $400,000 0.0% $302 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/15/2020 04/15/20 Price Changed $399,950 -5.9% $302 / Sq Ft
02/13/2020 02/13/20 For Sale $425,000 -- $321 / 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 $1,787 $298,500 $244,000 $54,500
2024 $1,787 $208,100 $151,900 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1563386

Northwest Multiple Listing Service (NWMLS)

APN: 012297-000-001-00