Listed by Every Door Real Estate
NOT LISTED FOR SALE

1117 7th St Unit 1-4 Snohomish, WA 98290

Estimated Value: $983,000 - $1,426,013

-- Bed
-- Bath
3,256 Sq Ft
$387/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $870,000 $267 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,401/month

119 Days on Market

Highlights

  • Deck
  • Disabled Access
  • Partially Fenced Property
  • Patio
  • High Speed Internet
  • Wood Siding

About This Home

As of September 2018

Easy to maintain 4 plex built in 2005. All units 2 Bd x 2 Ba. Separately metered for water, sewer and electric. Tenants pay their utilities and garbage. Low owner expenses. Vaulted ceilings in upstairs units and high ceilings in downstairs units. All units have washer & dryers, dishwashers, and storage. Individual decks & patios. Wheelchair access ramp. Walk to shopping, dining, entertainment, and the Interurban Trail. Minutes from Hwy 9, Hwy 2, I-5 & buses. 3 of 4 units are month to month.

Last Agent to Sell the Property

Wendy Pedersen

Every Door Real Estate License #112128 Listed on: 05/04/2018

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1284013

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,003

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Accessible Home Design

  • Disabled Access

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Snohomish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00452200000104

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,003

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Accessibility Features: Other
  • Year Built: 2005
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3256
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Snohomish

Lot Info

  • Parcel Number: 00452200000104
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Disabled Access,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4985

Multi Family

  • Gross Scheduled Income: 59820
  • Net Operating Income: 46317
  • Number Of Units Total: 4
  • Electric Expense: 249
  • Insurance Expense: 1992
  • Leasable Area: 3256
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2018
  • Tax Annual Amount: 8003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Sep 18, 2018
Sold by
Kendall Hugh W
Bought by
Joy Investment Properties Llc
Seller's Agent
Wendy Pedersen
Every Door Real Estate
List Price
$889,500
Sold Price
$870,000
Premium/Discount to List
-$19,500
-2.19%
Current Estimated Value
$1,259,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,753
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Sep 2, 2005
Sold by
Marzolf Mark E and Marzolf Kathy M
Bought by
Kendall Hugh W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,850
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac
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
Joy Investment Properties Llc $870,000 First American Title
Kendall Hugh W $629,000 Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kendall Hugh W $408,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $870,000 -2.2% $267 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $889,500 0.0% $273 / Sq Ft
07/07/2018 07/07/18 Pending -- -- --
06/21/2018 06/21/18 Price Changed $889,500 -0.6% $273 / Sq Ft
05/17/2018 05/17/18 Price Changed $894,500 -1.9% $275 / Sq Ft
05/04/2018 05/04/18 For Sale $912,000 -- $280 / 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 $9,528 $1,020,000 $408,300 $611,700
2024 $9,528 $980,000 $393,000 $587,000
2023 $8,069 $920,000 $340,600 $579,400
2022 $9,366 $868,000 $259,100 $608,900
2020 $9,634 $830,000 $176,300 $653,700
2019 $6,780 $596,000 $157,100 $438,900
2018 $8,003 $589,000 $141,800 $447,200
2017 $7,012 $526,000 $138,000 $388,000
2016 $6,821 $496,000 $122,600 $373,400
2015 $6,377 $444,000 $111,100 $332,900
2013 $6,508 $440,000 $138,000 $302,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1284013

Northwest Multiple Listing Service (NWMLS)

APN: 004522-000-001-04