Listed by CENTURY 21 North Homes Realty
NOT LISTED FOR SALE

Estimated Value: $1,507,000 - $1,777,000

-- Bed
10 Baths
5,730 Sq Ft
$282/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $653,000 $114 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $9,430/month

20 Days on Market

About This Home

As of April 2014

Rare opportunity. 4-plex built in 2005. All 4 units are Townhouse style with 3 bedrooms, 2.5 baths, laundry rooms. approximately 1400 sq ft, individual attached garages and additional off street parking. Good rental area near Boeing. Located near schools, shopping, entertainment, the Gilman/burke trail, highways and public transportation. CASH SALE ONLY...

Last Agent to Sell the Property

Cyndi Bjornstad

CENTURY 21 North Homes Realty License #18594 Listed on: 02/28/2014

CENTURY 21 North Homes Realty

Co-Listed By

Holly Blake

CENTURY 21 North Homes Realty License #17385

CENTURY 21 North Homes Realty

Last Buyer's Agent

Holly Blake

CENTURY 21 North Homes Realty License #17385

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 599037

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,884

Year Built

  • Built in 2005

Lot Details

  • 10,542

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 5,730 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • Property is in good condition
  • Cable TV Available

Community Details

  • South Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01038600000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,884

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2005
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5730
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 01038600000200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Patio

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 6884

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2014
Closed on
Mar 28, 2014
Sold by
U S Bank National Association
Bought by
Shangguan Xuming and Lu Xiao Zheng
Seller's Agent
Cyndi Bjornstad
CENTURY 21 North Homes Realty
Buyer's Agent
Holly Blake
CENTURY 21 North Homes Realty
List Price
$566,500
Sold Price
$653,000
Premium/Discount to List
$86,500
15.27%
Current Estimated Value
$1,616,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$963,476
Avg. Annual Appreciation
8.07%
Original Mortgage
$424,450
Outstanding Balance
$322,175
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,294,301

Purchase Details

Closed on
Apr 9, 2013
Sold by
Morrison Craig L
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 9, 2005
Sold by
Morrison Patricia G
Bought by
Morrison Craig L

Purchase Details

Closed on
Dec 8, 2005
Sold by
Cmi Homebuilders Inc
Bought by
Morrison Craig L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $653,000 First American
U S Bank National Association $497,160 None Available
Morrison Craig L -- Chicago
Morrison Craig L -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shangguan Xuming $424,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $653,000 +15.3% $114 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $566,500 -- $99 / 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 $11,423 $1,351,100 $426,700 $924,400
2024 $11,423 $1,371,500 $352,500 $1,019,000
2023 $9,628 $1,202,600 $294,000 $908,600
2022 $10,254 $1,088,000 $282,500 $805,500
2020 $8,881 $916,000 $254,700 $661,300
2019 $8,284 $858,000 $197,500 $660,500
2018 $8,545 $772,000 $191,700 $580,300
2017 $7,438 $688,000 $174,300 $513,700
2016 $6,835 $628,000 $166,000 $462,000
2015 $7,055 $594,000 $161,000 $433,000
2013 $6,884 $544,500 $161,000 $383,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 599037

Northwest Multiple Listing Service (NWMLS)

APN: 010386-000-002-00