NOT LISTED FOR SALE

Estimated Value: $682,000 - $788,000

7 Beds
3 Baths
3,254 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $645,000 $198 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,563/month

12 Days on Market

Highlights

  • Mountain View
  • Deck
  • No HOA
  • Whittier Elementary School Rated A
  • Engineered Wood Flooring
  • 3-minute walk to Drew Nielsen Neighborhood Park

About This Home

As of August 2022

This great investment property generates over $50k in rent each year. Duplex/Triplex that has 6 bedrooms and 3 baths on 3 floors. Lots of outdoor space, each floor includes a deck or patio. Large windows bring in great sunlight and show off mountain views. Each unit has an additional 40 sq. ft. storage unit in basement. There is also a larger 200+ sq. ft. storage area available for owner use or to generate additional income. Located in an excellent, friendly neighborhood near great schools (Whittier, EvCC) and medical facilities. Each unit has one off street parking in the back alley. Shared free laundry on site. New roof 5 years ago and sewer/plumbing was replaced on ground floor.

Last Listed By

Daniel Cantu

Griffin Realty Group, Inc. License #48186 Listed on: 06/24/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1956302

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Open Space

Parking

  • 3 Parking Spaces

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 3,254 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Mini Split Air Conditioners
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Heights Add Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 & 6 / 210
  • Assessor Parcel Number 00468621900500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,414

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1924
  • Buyer Agency Compensation: 2%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Heights Add
  • New Construction: No
  • CalculatedSquareFootage: 3254
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 271

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3107

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1314

Schools

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

Lot Info

  • Parcel Number: 00468621900500
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 5 & 6

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.9
  • LeasedItems: None
  • TotalMonthlyIncome: 4357

Multi Family

  • Gross Scheduled Income: 48600
  • Net Operating Income: 33786
  • Number Of Units Total: 3
  • Electric Expense: 2607
  • Insurance Expense: 1372
  • Leasable Area: 3254
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: true
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5414

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 5, 2022
Sold by
Szabo Mark L
Bought by
Dong Yi and Xu Kaiyuan
Seller's Agent
Daniel Cantu
Griffin Realty Group, Inc.
Buyer's Agent
Aaron Spring
Ridge Realty
List Price
$725,000
Sold Price
$645,000
Premium/Discount to List
-$80,000
-11.03%
Total Days on Market
12
Current Estimated Value
$725,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,994
Avg. Annual Appreciation
6.68%
Original Mortgage
$483,750
Outstanding Balance
$467,148
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$305,374

Purchase Details

Listed on
Feb 7, 2012
Closed on
May 28, 2012
Sold by
Shaw Jason C and Shaw Marie L
Bought by
Szabo Mark L and Szabo Doris C
Buyer's Agent
Paul Weisz
Windermere RE Anacortes Prop.
List Price
$219,000
Sold Price
$222,000
Premium/Discount to List
$3,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%
Original Mortgage
$155,400
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2011
Sold by
Shaw Jason C and Shaw Marie L
Bought by
Shaw Jason C and Shaw Marie L

Purchase Details

Closed on
Feb 2, 2007
Sold by
Grinde Fern K
Bought by
Shaw Jason and Shaw Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,200
Interest Rate
5.99%
Mortgage Type
Unknown

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
Dong Yi -- Fidelity National Title
Szabo Mark L $222,280 First American Title Ins Co
Shaw Jason C $2,808 None Available
Shaw Jason $372,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dong Yi $483,750
Previous Owner Szabo Mark L $153,600
Previous Owner Szabo Mark L $155,400
Previous Owner Shaw Jason $37,200
Previous Owner Shaw Jason $298,000
Previous Owner Grinde Fern K $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $645,000 -0.8% $198 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $649,950 -4.4% $200 / Sq Ft
06/30/2022 06/30/22 Price Changed $680,000 -6.2% $209 / Sq Ft
06/24/2022 06/24/22 For Sale $725,000 +226.6% $223 / Sq Ft
05/31/2012 05/31/12 Sold $222,000 +1.4% $68 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $219,000 -- $67 / 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 $6,225 $712,800 $403,000 $309,800
2024 $6,225 $724,800 $415,000 $309,800
2023 $6,513 $793,100 $465,000 $328,100
2022 $5,407 $590,600 $289,000 $301,600
2020 $5,216 $464,700 $241,000 $223,700
2019 $4,906 $439,900 $221,000 $218,900
2018 $4,629 $380,400 $194,000 $186,400
2017 $3,255 $266,400 $184,000 $82,400
2016 $2,836 $244,000 $165,000 $79,000
2015 $3,184 $258,000 $164,000 $94,000
2013 $2,275 $162,700 $113,000 $49,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1956302

Northwest Multiple Listing Service (NWMLS)

APN: 004686-219-005-00