Listed by John L. Scott, Inc
NOT LISTED FOR SALE

11911 E Gibson Bld "A" Rd Unit 1,2,3 Everett, WA 98204

Paine Field-Lake Stickney Neighborhood

Estimated Value: $1,000,000 - $1,398,000

-- Bed
8 Baths
4,250 Sq Ft
$294/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $480,000 $113 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $7,327/month

37 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of December 2013

Attention Investors! Excellent opportunity to own this tri-plex build in 2005. Each side is 3 bed 2.5 bath and will rent for around $1,350 a month. Each unit has it's own 2 car garage plus street parking available. Unit 1 and 3 will need appliances, paint and carpet. Unit 2 is in good condition and move in ready. Each unit has a laundry room and will need W/D. Living room half bath, kitchen on main level. Bedrooms are upstairs. Master bed with it's own bath and walk in closet. Don't miss out!

Last Agent to Sell the Property

Nelya Calev

John L. Scott, Inc License #97542 Listed on: 10/25/2013

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 559495

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,250 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 14 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01038600000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,137

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2005
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4250
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 3840

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 01038600000100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4050

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 36623
  • Number Of Units Total: 3
  • Insurance Expense: 1200
  • Leasable Area: 4250
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Dec 6, 2013
Sold by
Wilmington Trust National Association
Bought by
Shangguan Xuming and Lu Xiao Zheng
Seller's Agent
Nelya Calev
John L. Scott, Inc
List Price
$494,900
Sold Price
$480,000
Premium/Discount to List
-$14,900
-3.01%
Current Estimated Value
$1,249,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,267
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Aug 13, 2013
Sold by
Morrison Craig L
Bought by
Citibank Na

Purchase Details

Closed on
Dec 7, 2005
Sold by
Cmi Homebuilders Inc
Bought by
Morrison Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shangguan Xuming $480,280 Servicelink
Citibank Na $500,029 None Available
Morrison Craig L -- Chicago
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shannguan Xuming $250,000
Previous Owner Morrison Craig L $535,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $480,000 -3.0% $113 / Sq Ft
12/02/2013 12/02/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $494,900 -- $116 / 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 $8,758 $1,027,200 $337,900 $689,300
2024 $8,758 $1,046,200 $285,900 $760,300
2023 $7,394 $918,200 $240,700 $677,500
2022 $7,653 $807,000 $224,000 $583,000
2020 $6,623 $680,000 $200,600 $479,400
2019 $6,171 $636,000 $168,000 $468,000
2018 $6,372 $573,000 $162,800 $410,200
2017 $5,544 $510,000 $148,000 $362,000
2016 $5,123 $468,000 $141,000 $327,000
2015 -- $446,000 $137,000 $309,000
2013 $5,137 $404,000 $137,000 $267,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 559495

Northwest Multiple Listing Service (NWMLS)

APN: 010386-000-001-00