Listed by NextHome Preview Properties, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $666,000 - $739,845

5 Beds
2 Baths
2,204 Sq Ft
$319/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $575,000 $261 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,120/month

2 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Wood Siding
  • Corner Lot
  • Patio
  • 1-Story Property

About This Home

As of September 2022

Attention YOU Investors & Handy Contractors, Here It Is. Priced to Sell, Rented Duplex in Everett Mall / Silver Firs area, on a 14,810 sq ft lot corner lot! Zoned MR, there just may be space for more units, plus there are 2 garages that may be converted to more living space. It's a 1 level duplex at this time, but ...what can YOU do with this ??? Both sides are rented out with EXTREMELY long term tenants that would like to stay. Rent is under market, but one unit needs EXTENSIVE work. Keep these tenants while you figure it all out ! Real wood siding, lovely usable & level land. DADU and ADU units may work here too .... Endless possibilities and, OWNER MAY BE WILLING TO CARRY A SHORT TERM CONTRACT ! Near BOEING, Airport, Shopping.

Last Agent to Sell the Property

Cass Moodley

NextHome Preview Properties License #50792 Listed on: 07/28/2022

NextHome Preview Properties

Co-Listed By

John Whitney

NextHome Preview Properties License #31078

Last Buyer's Agent

Magali Jaenz

Kelly Right RE of Seattle LLC License #75554

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1975729

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,204 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Community Details

  • No Home Owners Association
  • Olivia Park Div 2 Condos
  • Everett Mall Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00535300001500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,712

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Olivia Park Div 2
  • New Construction: No
  • CalculatedSquareFootage: 2204
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • 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, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2338

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00535300001500
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio,RV Parking
  • MLSLotSizeSource: 360 Property View
  • ZoningClass: Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 2500

Multi Family

  • Gross Scheduled Income: 30000
  • Net Operating Income: 21750
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2204
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 28, 2022
Sold by
D & D Property Rentals Llc
Bought by
Danys Property Maintenance Llc
Seller's Agent
Cass Moodley
NextHome Preview Properties
Buyer's Agent
Magali Jaenz
Kelly Right RE of Seattle LLC
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$703,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,961
Avg. Annual Appreciation
8.13%
Original Mortgage
$600,000
Outstanding Balance
$579,517
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$146,959

Purchase Details

Closed on
Nov 8, 2021
Sold by
Donald Wetsch
Bought by
D & D Property Rentals Llc

Purchase Details

Closed on
Jun 9, 2017
Sold by
Brown Robin K and Hughes Richard
Bought by
Wetsch Donald

Purchase Details

Closed on
Dec 15, 2012
Sold by
Hilbert David M
Bought by
Brown Robin K and Wetsch Donald A

Purchase Details

Closed on
Dec 29, 2008
Sold by
Brown Robin K and Wetsch Donald A
Bought by
Hilbert David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 4, 2004
Sold by
Salazar Mathew
Bought by
Salazar Eloy and Salazar Joyce

Purchase Details

Closed on
Jan 7, 2003
Sold by
Brown Thomas L
Bought by
Tlb Family Properties Llc

Purchase Details

Closed on
Oct 28, 1996
Sold by
Bertolli Russell and Bertolli Elizabeth
Bought by
Bertolli Russell
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
Danys Property Maintenance Llc -- Ticor Title
D & D Property Rentals Llc -- None Listed On Document
Wetsch Donald $235,160 None Available
Brown Robin K -- None Available
Hilbert David M $330,280 Chicago Title
Salazar Eloy -- --
Tlb Family Properties Llc $11,235 Chicago Title Insurance Co
Bertolli Russell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danys Property Maintenance Llc $600,000
Previous Owner Hilbert David M $20,000
Previous Owner Hilbert David M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $575,000 0.0% $261 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $575,000 -- $261 / 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 $4,650 $691,000 $405,500 $285,500
2024 $4,650 $526,500 $360,000 $166,500
2023 $5,351 $640,900 $355,500 $285,400
2022 $4,713 $474,800 $232,900 $241,900
2020 $4,078 $399,900 $187,000 $212,900
2019 $3,506 $341,900 $161,500 $180,400
2018 $2,978 $249,800 $137,700 $112,100
2017 $2,622 $222,900 $124,100 $98,800
2016 $2,420 $202,900 $108,000 $94,900
2015 $2,483 $191,200 $99,500 $91,700
2013 $2,121 $150,600 $74,800 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1975729

Northwest Multiple Listing Service (NWMLS)

APN: 005353-000-015-00