NOT LISTED FOR SALE

Estimated Value: $684,000 - $817,923

6 Beds
4 Baths
2,676 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $582,500 $218 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,774/month

10 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • High Speed Internet
  • Whittier Elementary School Rated A
  • Thermal Windows
  • 3-minute walk to Everett 10th Street Marine Park Pier

About This Home

As of November 2020

This updated 4 plex is a solid addition to any portfolio! Roof & gutters only 6 yrs old! New exterior paint! Upgraded Hardi Plank siding & dual pane windows! New carpet & paint in two units! Updated electrical! Newer water heaters throughout! New in ground water lines! Shared coin-op laundry room! Unfinished Basement for storage & possible extra income! Plenty of parking! Rents currently under market! 3 blocks to hospital! Close to Naval Station, college, downtown & freeways!

Last Agent to Sell the Property

Colin Simpier

Infinity Properties License #18619 Listed on: 08/21/2020

Last Buyer's Agent

Rick Mouw

RE/MAX Northwest License #80899

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1648871

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,355

Year Built

  • Built in 1905 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,676 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Laminate Flooring
  • Territorial Views

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00438034803100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,355

Year Built

Built in 1905 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1905
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2676
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 282

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 2652

Fee Information

  • Annual Fuel Expense: 480

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00438034803100
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 3805

Multi Family

  • Gross Scheduled Income: 45660
  • Net Operating Income: 30937
  • Number Of Units Total: 4
  • Electric Expense: 240
  • Insurance Expense: 2228
  • Leasable Area: 2676
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4355

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Serf Properties Llc
Bought by
Smith Michael Todd and Smith Jessica Renae
Seller's Agent
Colin Simpier
Infinity Properties
Buyer's Agent
Rick Mouw
RE/MAX Northwest
List Price
$599,950
Sold Price
$582,500
Premium/Discount to List
-$17,450
-2.91%
Total Days on Market
10
Current Estimated Value
$757,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,481
Avg. Annual Appreciation
8.07%
Original Mortgage
$436,875
Outstanding Balance
$395,787
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$432,806

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 12, 2015
Sold by
Brown Dennis S
Bought by
Serf Properties Llc
Seller's Agent
Colin Simpier
Infinity Properties
Buyer's Agent
Colin Simpier
Infinity Properties
List Price
$319,950
Sold Price
$331,000
Premium/Discount to List
$11,050
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%
Source: Public Records

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Range of Values:

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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
Smith Michael Todd $582,500 Rainier Title
Serf Properties Llc $331,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael Todd $436,875
Previous Owner Brown Dennis S $211,000
Previous Owner Brown Dennis S $225,000
Previous Owner Brown Dennis S $200,000
Previous Owner Brown Dennis S $25,000
Previous Owner Brown Dennis S $63,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $582,500 -2.9% $218 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $599,950 0.0% $224 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $599,950 +81.3% $224 / Sq Ft
06/20/2015 06/20/15 Sold $331,000 +3.5% $124 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $319,950 -- $120 / 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 $6,223 $730,300 $342,900 $387,400
2024 $6,223 $724,600 $337,200 $387,400
2023 $5,622 $684,600 $332,000 $352,600
2022 $5,038 $550,300 $236,900 $313,400
2020 $4,355 $388,000 $195,400 $192,600
2019 $4,171 $374,000 $189,600 $184,400
2018 $4,381 $360,000 $114,000 $246,000
2017 $3,763 $308,000 $103,600 $204,400
2016 $3,115 $268,000 $98,700 $169,300
2015 -- $255,000 $94,100 $160,900
2013 $3,212 $229,700 $94,100 $135,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1648871

Northwest Multiple Listing Service (NWMLS)

APN: 004380-348-031-00