Listed by Windermere Lake Stevens, Bought with Windermere RE North, Inc.
NOT LISTED FOR SALE

1607 Chestnut St Everett, WA 98201

Delta Neighborhood

Estimated Value: $1,070,000 - $1,156,000

8 Beds
4 Baths
3,144 Sq Ft
$354/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $375,000 $119 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $6,338/month

21 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 4-minute walk to Langus Riverfront Park
  • Wood Siding

About This Home

As of December 2014

Excellent units with nice floor plans. Some expensive rehab completed including a total new kitchen in one unit. New paint and floor coverings in 2 of the units. Another unit had been recently rehabbed with a completely new kitchen, carpets, wood trim and granite in the bathroom. Long term tenant in unit D. Each unit has a fireplace. Lots of off street parking on the east side. Rents possibly between $775 and $825. Secure maintenance shed on site.

Last Agent to Sell the Property

Corrina Westermann

Windermere Lake Stevens License #10208 Listed on: 10/16/2014

Windermere Lake Stevens

Last Buyer's Agent

Jennifer Bowman

Windermere RE North, Inc. License #49877

Windermere RE North, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 707820

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1979

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,144 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00619732500400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,953

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3144
  • 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: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00619732500400
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

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

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3953

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2024
Sold by
Bao Meiqun
Bought by
Mountainview 6 Llc
Current Estimated Value
$1,114,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$865,744
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$248,758

Purchase Details

Closed on
Mar 25, 2024
Sold by
Barrett John Patrick and Barrett Jennifer Lynn
Bought by
Bao Meiqun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$865,744
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$248,758

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 16, 2014
Sold by
Us Bank National Association
Bought by
Barrett John Patrick and Barrett Jennifer Lynn
Seller's Agent
Corrina Westermann
Windermere Lake Stevens
Buyer's Agent
Jennifer Bowman
Windermere RE North, Inc.
List Price
$325,000
Sold Price
$375,000
Premium/Discount to List
$50,000
15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%
Original Mortgage
$281,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2014
Sold by
Den Adel Terry and Den Adel Thao T
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 26, 2006
Sold by
Rauch John G and Rauch Michele L
Bought by
Den Adel Terry and Denadel Thao T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Hartshorn Nels and Hartshorn Janet
Bought by
Rauch John G and Rauch Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,978
Interest Rate
5.95%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 24, 1999
Sold by
Nelson James W
Bought by
Hartshorn Nels and Hartshorn Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
7.97%

Purchase Details

Closed on
Dec 14, 1993
Sold by
Nelson Mary F
Bought by
Nelson James W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.59%
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
Mountainview 6 Llc $313 None Listed On Document
Bao Meiqun $1,100,000 Chicago Title
Barrett John Patrick $375,000 Chicago Title Company
U S Bank National Association $323,000 Nextitle
Den Adel Terry $402,500 Commonwealth Land Title
Rauch John G $325,000 Chicago Title Insurance Co
Hartshorn Nels $241,950 Pacific Northwest Title Co
Nelson James W -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Meiqun $880,000
Previous Owner Barrett John Patrick $281,250
Previous Owner Den Adel Terry $322,000
Previous Owner Rauch John G $319,978
Previous Owner Hartshorn Nels $181,000
Previous Owner Nelson James W $125,000
Closed Hartshorn Nels $36,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $375,000 +15.4% $119 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $325,000 -- $103 / 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 $6,617 $778,000 $288,200 $489,800
2024 $6,617 $770,540 $283,200 $487,340
2023 $5,949 $724,500 $267,600 $456,900
2022 $5,622 $614,000 $194,900 $419,100
2020 $5,658 $504,000 $163,800 $340,200
2019 $5,264 $472,000 $158,800 $313,200
2018 $5,354 $440,000 $135,800 $304,200
2017 $4,789 $392,000 $123,400 $268,600
2016 $4,022 $346,000 $117,600 $228,400
Source: Public Records

Agents Affiliated with this Home

  • Corrina Westermann

    Seller's Agent in 2014

    Corrina Westermann

    Windermere Corporate

    (425) 870-6687

    27 Total Sales

    Corrina Westermann
    Section Image
  • Jennifer Bowman

    Buyer's Agent in 2014

    Jennifer Bowman

    Windermere Corporate

    (206) 999-9671

    100 Total Sales

    Jennifer Bowman
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 707820

Northwest Multiple Listing Service (NWMLS)

APN: 006197-325-004-00

Washington Snohomish County Everett 98201 Delta

1607 Chestnut St, Everett, WA

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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