NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,349,000

-- Bed
4 Baths
3,840 Sq Ft
$294/Sq Ft Est. Value

Last Sold May 21, 2016

Last sale price $450,000 $117 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,637/month

3 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of May 2016

Rental income while living here! Nice 4plex, All units Townhouse style, 2 Lrg bedrooms 1.5 bath, Cute floor plan, cozy. W/D in unit, 2 parkings/unit. New rent can be negotiated. Newer Roof & exterior paint, Double pane windows, Good location. Low cost building maintenance. Once in a lifetime opportunity to become a Landlord with a building has Zero Vacancy. Easy to get financing. Mins to Freeways, Boeing, downtown, Riverfront Development & Bus Line. Adj 4-plex 1318 &1320 also for sale.

Last Agent to Sell the Property

Phuong Do

Xtreme Rlty & Financials, Inc License #73750 Listed on: 05/17/2016

Last Buyer's Agent

Phuong Do

Xtreme Rlty & Financials, Inc License #73750 Listed on: 05/17/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 944787

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1985

Lot Details

  • 4,800 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00438326003100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,504

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1985
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3840
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 4985

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00438326003100
  • Lot Size Acres: 0.1102
  • Lot Size Sq Ft: 4800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Tax Record
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 24958
  • Number Of Units Total: 4
  • Insurance Expense: 1553
  • Leasable Area: 3840
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4504

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 1, 2016
Sold by
Tran Tung T and Tran Hannah H
Bought by
Nguyen Di K and Nguyen Quynh
Seller's Agent
Phuong Do
Xtreme Rlty & Financials, Inc
Buyer's Agent
Phuong Do
Xtreme Rlty & Financials, Inc
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$1,128,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,584
Avg. Annual Appreciation
10.32%
Original Mortgage
$337,500
Outstanding Balance
$273,530
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$854,111

Purchase Details

Closed on
Sep 30, 2005
Sold by
Khan Salim and Khan Shaheen
Bought by
Tran Tung T and Tran Hannah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,600
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2004
Sold by
Secrist Jeffry Allen and Secrist Jenna Lee
Bought by
Khan Salim and Khan Shaheen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2001
Sold by
Russell Joel S
Bought by
Secrist Jeffry Allen and Secrist Jenna Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
7%

Purchase Details

Closed on
Jul 14, 1994
Sold by
Boyne Thomas M
Bought by
Russell Joel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.57%
Mortgage Type
FHA
Source: Public Records

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
Nguyen Di K $450,000 Ticor Title
Tran Tung T $415,500 Old Republic Title Ltd
Khan Salim $340,000 Chicago Title
Secrist Jeffry Allen $267,500 --
Russell Joel S $180,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Di K $337,500
Previous Owner Tran Tung T $311,600
Previous Owner Khan Salim $272,000
Previous Owner Secrist Jeffry Allen $240,750
Previous Owner Russell Joel S $150,000
Closed Khan Salim $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2016 05/25/16 Pending -- -- --
05/21/2016 05/21/16 Sold $450,000 0.0% $117 / Sq Ft
05/17/2016 05/17/16 For Sale $450,000 -- $117 / 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 $8,121 $955,000 $292,200 $662,800
2024 $8,121 $945,620 $287,200 $658,420
2023 $6,512 $793,000 $256,800 $536,200
2022 $6,153 $672,000 $203,000 $469,000
2020 $6,241 $556,000 $173,200 $382,800
2019 $5,800 $520,000 $168,200 $351,800
2018 $6,084 $500,000 $117,800 $382,200
2017 $5,620 $460,000 $107,200 $352,800
2016 $4,696 $404,000 $102,100 $301,900
2015 $4,504 $365,000 $97,100 $267,900
2013 $4,307 $308,000 $97,100 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 944787

Northwest Multiple Listing Service (NWMLS)

APN: 004383-260-031-00