Listed by Real Broker LLC, Bought with COMPASS
NOT LISTED FOR SALE
2 Beds
1 Bath
-- Sq Ft
0.57 Acres Lot

Sale Details

Date Sold: December 31, 2024

Last sale price $2,600,000

59 Days on Market

Highlights

  • 0.57 Acre Lot
  • Deck
  • Forced Air Heating System
  • Mountain View
  • No HOA
  • Wall to Wall Carpet

About This Home

As of December 2024

Professionally managed 13-unit building with two-bedroom apartments, open floor plans, in-unit washer/dryer, and surface parking. In-place rents below market, with potential to achieve rental premiums up to $415 per unit post-renovation. Located just 3 miles from Boeing's Everett facility (30,000+ employees) and close to Amazon and Funko distribution centers. Just half a mile from the upcoming Evergreen Light Rail Station, port of Sound Transit Everett Link Extension (service begins 2037), with 48% of Everett housing renter-occupied, this is an ideal investment to capitalize on Everett's growing demand for multifamily housing.

Last Agent to Sell the Property

Coleton Pantley

Real Broker LLC License #23020211 Listed on: 10/08/2024

Real Broker LLC

Co-Listed By

Sean Mcconnell

Real Broker LLC License #129326

Last Buyer's Agent

Logan Moir

COMPASS License #23014225

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2299628

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,353

Year Built

  • Built in 2001

Lot Details

  • 24,829 Sq Ft Lot
  • Sprinkler System

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Casino Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00393500003006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,353

Year Built

Built in 2001

Lot Details

0.57 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2001
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • SOCComments: Sell it!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 26

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00393500003006
  • Lot Size Acres: 0.57
  • Lot Size Sq Ft: 24829
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Sprinkler System
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.17
  • LeasedItems: None
  • TotalMonthlyIncome: 21305

Tax Info

  • Year: 2001
  • Tax Annual Amount: 21353

Multi Family

  • Number Of Units Total: 1
  • EnergySource: Electric
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $2,600,000 -13.3% --
12/06/2024 12/06/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $3,000,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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
2026 $23,105 $2,740,000 $630,800 $2,109,200
2025 $22,508 $2,883,000 $625,800 $2,257,200
2024 $22,508 $2,840,000 $596,000 $2,244,000
2023 $21,353 $2,763,000 $566,300 $2,196,700
2022 $22,304 $2,498,000 $422,000 $2,076,000
2020 $20,364 $2,288,000 $411,700 $1,876,300
2019 $18,153 $2,061,000 $198,000 $1,863,000
2018 $18,511 $1,813,000 $175,000 $1,638,000
2017 $15,921 $1,590,000 $175,000 $1,415,000
2016 $14,912 $1,473,000 $130,000 $1,343,000
2015 $15,386 $1,375,000 $130,000 $1,245,000
2013 $15,030 $1,258,000 $130,000 $1,128,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2299628

Northwest Multiple Listing Service (NWMLS)
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