Listed by Windermere Real Estate Co., Bought with The Preview Group
NOT LISTED FOR SALE

11511 Marino Ave Everett, WA 98204

Paine Field-Lake Stickney Neighborhood

Estimated Value: $563,000 - $641,000

4 Beds
2 Baths
1,426 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $485,000 $340 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,526/month

8 Days on Market

Highlights

  • Property is Fully Fenced
  • Vinyl Flooring
  • 1-Story Property
  • Wood Siding

About This Home

As of November 2021

Superb investment opportunity. Well maintained mirrored 50’s rambler style duplex nestled on a quiet dead-end street. Smartly designed 2 bdrm floor plan + office. Updated electrical & plumbing. Remodeled kitchen & bath (#511). Freshly painted exterior. Separate driveways w/plenty of parking. Each unit has its own fully fenced private back yard w/extra-large storage shed. Huge level lot, great for pets & play! Great long term tenants, positive cash flow. Untapped upside potential for the savvy investor. Excellent location. Conveniently close to Hwy 99, Airport Rd, Paine Field, Everett Mall, Ferry’s & Mukilteo schools. Walking path to Fairmont Elementary. Sometimes too good to be true, is true!

Last Agent to Sell the Property

Gary Thompson

Windermere Real Estate Co. License #23735 Listed on: 10/12/2021

Windermere Real Estate Co.

Last Buyer's Agent

Morgan Park

The Preview Group License #96968

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1850727

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Flat Roof Shape
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Fairmount Elementary School
  • Explorer Mid Middle School
  • Mariner High School

Community Details

  • Paine Field 3 Condos
  • Lake Stickney Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 00538000000302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,820

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1959
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Paine Field 3
  • New Construction: No
  • CalculatedSquareFootage: 1426
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Mukilteo
  • WaterCompany: Mukilteo

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Explorer Mid

Lot Info

  • Parcel Number: 00538000000302
  • Lot Size Acres: 0.19
  • Lot Size: 8,276
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Outbuildings
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2300

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3820

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Fairmount Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Nov 29, 2021
Sold by
Echie & Bear Llc
Bought by
Yoon Jang Y and Yoon Youseung
Seller's Agent
Gary Thompson
Windermere Real Estate Co.
Buyer's Agent
Morgan Park
The Preview Group
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$604,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,077
Avg. Annual Appreciation
5.46%
Original Mortgage
$363,750
Outstanding Balance
$334,465
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$269,612

Purchase Details

Listed on
Sep 22, 2015
Closed on
Feb 19, 2016
Sold by
Koo Jay and Koo Hadley Haekyong
Bought by
Echie & Bear Llc
Buyer's Agent
Gary Thompson
Windermere Real Estate Co.
List Price
$345,000
Sold Price
$329,000
Premium/Discount to List
-$16,000
-4.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
Jun 1, 2013
Sold by
Koo Jay and Koo Hadley Haekyong Yun
Bought by
Koo Jay and Koo Hadley Haekyong

Purchase Details

Closed on
Apr 24, 2012
Sold by
Koo Jay and Koo Hadley H
Bought by
Koo Jay and Koo Hadley Haekyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2008
Sold by
Sedy Kathryn L and Sedy Kathy
Bought by
Koo Jay and Yun Haekyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yoon Jang Y $485,000 Cw Title
Echie & Bear Llc $329,000 Chicago Title
Koo Jay -- None Available
Koo Jay -- Lsi Title Company
Koo Jay $265,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Jang Y $363,750
Previous Owner Koo Jay $185,000
Previous Owner Koo Jay $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2021 11/30/21 Sold $485,000 0.0% $340 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $485,000 +47.4% $340 / Sq Ft
02/29/2016 02/29/16 Sold $329,000 -4.6% $231 / Sq Ft View Prior Sale
01/31/2016 01/31/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $345,000 -- $242 / 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 $4,410 $522,500 $353,000 $169,500
2024 $4,410 $499,900 $331,000 $168,900
2023 $4,567 $543,200 $348,000 $195,200
2022 $4,111 $411,900 $246,000 $165,900
2020 $3,442 $333,400 $187,000 $146,400
2019 $2,828 $270,700 $146,000 $124,700
2018 $3,158 $266,300 $149,000 $117,300
2017 $2,765 $236,400 $128,000 $108,400
2016 $2,554 $215,400 $111,000 $104,400
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gary Thompson

    Windermere Corporate

    Section Image

  • M

    Buyer's Agent in 2021

    Morgan Park

    Realty One Group Preview

    (206) 380-2488

    1 in this area

    4 Total Sales

    Morgan Park
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1850727

Northwest Multiple Listing Service (NWMLS)

APN: 005380-000-003-02

Washington Snohomish County Everett 98204 Paine Field-Lake Stickney

11511 Marino Ave, Everett, WA

Not Listed for Sale

MultiFamily

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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