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.
NextHome Preview PropertiesLicense #50792Listed on: 07/28/2022
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1975729
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
Cumulative Days on Market: 252
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
DateNameOwned ForOwner Type
Sep 2022 - PresentDanys Property Maintenance Llc2 Years and 8 Months
Company
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
HomeSmart Real Estate Assoc
List Price
$575,000
Sold Price
$575,000
Total Days on Market
2
Current Estimated Value
$721,638
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,638
Avg. Annual Appreciation
8.68%
Original Mortgage
$600,000
Outstanding Balance
$580,974
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$134,189
Sep 2022 - Sep 2022Wetsch Donald and D & D Property Rentals LlcLess than a month
Company
Purchase Details
Listed on
Jul 28, 2022
Closed on
Sep 23, 2022
Sold by
Hanson Brown Mary Lou
Bought by
Wetsch Donald and D & D Property Rentals Llc
Seller's Agent
Cass Moodley
NextHome Preview Properties
Buyer's Agent
Magali Jaenz
HomeSmart Real Estate Assoc
List Price
$575,000
Sold Price
$575,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$580,974
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$134,189
Nov 2021 - Sep 2022D & D Property Rentals Llc10 Months
Company
Purchase Details
Closed on
Nov 8, 2021
Sold by
Donald Wetsch
Bought by
D & D Property Rentals Llc
Jun 2017 - Nov 2021Wetsch Donald4 Years and 5 Months
Private Individual
Purchase Details
Closed on
Jun 9, 2017
Sold by
Brown Robin K and Hughes Richard
Bought by
Wetsch Donald
Dec 2012 - Jun 2017Brown Robin K and Wetsch Donald A4 Years and 6 Months
Private Individual
Purchase Details
Closed on
Dec 15, 2012
Sold by
Hilbert David M
Bought by
Brown Robin K and Wetsch Donald A
Dec 2008 - Dec 2012Hilbert David M4 Years
Private Individual
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
Aug 2004 - Dec 2008Salazar Eloy and Salazar Joyce4 Years and 4 Months
Private Individual
Purchase Details
Closed on
Aug 4, 2004
Sold by
Salazar Mathew
Bought by
Salazar Eloy and Salazar Joyce
Jan 2003 - Aug 2004Tlb Family Properties Llc1 Year and 7 Months
Company
Purchase Details
Closed on
Jan 7, 2003
Sold by
Brown Thomas L
Bought by
Tlb Family Properties Llc
Oct 1996 - Jan 2003Bertolli Russell6 Years and 3 Months
Private Individual
Purchase Details
Closed on
Oct 28, 1996
Sold by
Bertolli Russell and Bertolli Elizabeth
Bought by
Bertolli Russell
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Prime investment opportunity & location! Attention house hackers—live in one unit and rent out the other OR rent both units! This well-maintained duplex sits on a quiet dead-end street and features a spacious backyard perfect for entertaining, pets, or gardening. Upper unit is vacant, while the other is already tenant-occupied until September, providing immediate rental income. Both units have
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Updated Duplex in Everett. Seller fully permitted this remodel in 2013, new wiring, plumbing, cabinets, flooring, doors/trim, paint, and TPO roof. Possibility to add a 3rd unit in the basement. Buyer to verify with City of Everett. Seller has used the garage for boat storage. 3 Bed 2 bath on second story, 1 bed 1 bath with Flex room on main level. Laundry and storage in the basement.
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 10520 4th Ave W Unit A B, Everett, WA 98204 since 28 July 2022 and is currently estimated at $721,638, approximately $327 per square foot. This property was built in 1979. 10520 4th Ave W Unit A B is a home located in Snohomish County with nearby schools including Olivia Park Elementary School, Explorer Middle School, and Mariner High School.
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