Listed by Skyline Properties, Inc., Bought with Windermere Real Estate/M2, LLC
NOT LISTED FOR SALE

Estimated Value: $1,164,000 - $1,320,000

8 Beds
4 Baths
3,920 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $1,100,000 $281 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,017/month

12 Days on Market

Highlights

  • No HOA
  • Patio
  • Partially Fenced Property
  • Thermal Windows
  • Baseboard Heating
  • Wood Siding

About This Home

As of February 2024

Well maintained Everett 4plex---built 1981---Townhouse style units are 2 bedroom 1.5 baths, washer/dryer hookups, storage unit, 980 sq ft each. Some updating and recent improvements. Roof in good condition, updated windows and water heaters, fantastic location near shopping and bus-line. Long term tenants on month to month rent. Rents need to be adjusted. Market rents in area are currently $1,900 per unit. Excellent first time investment property. Low maintenance landscaping and easy to manage.

Last Agent to Sell the Property

Fred Grunewald

Skyline Properties, Inc. License #121501 Listed on: 01/19/2024

Skyline Properties, Inc.

Last Buyer's Agent

Anthony Griffiths

Windermere Real Estate/M2, LLC License #123587

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2191173

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,019

Year Built

  • Built in 1981

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 157
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,920 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Beverly Park Condos
  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28050600401200
  • Tax Block 17-18

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,019

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Beverly Park
  • New Construction: No
  • CalculatedSquareFootage: 3920
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: public
  • SewerCompany: public
  • WaterCompany: public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 28050600401200
  • Lot Size Acres: 0.18
  • Lot Size: 50 x 157
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: kcr
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7600

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7019

Multi Family

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

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Feb 27, 2024
Sold by
Nelson James R and Nelson Sandy A
Bought by
Hudspeth Adam and Griffiths Tiffany
Seller's Agent
Fred Grunewald
Skyline Properties, Inc.
Buyer's Agent
Anthony Griffiths
Windermere Real Estate/M2, LLC
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
15
Current Estimated Value
$1,217,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,385
Avg. Annual Appreciation
5.67%
Original Mortgage
$770,000
Outstanding Balance
$757,120
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$460,265
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
Hudspeth Adam $1,100,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudspeth Adam $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $1,100,000 -4.3% $281 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $1,150,000 -- $293 / 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 $7,893 $1,058,700 $336,000 $722,700
2024 $7,893 $917,900 $320,000 $597,900
2023 $7,019 $853,500 $300,000 $553,500
2022 $6,985 $762,000 $239,000 $523,000
2020 $8,079 $719,000 $200,000 $519,000
2019 $6,805 $609,500 $155,000 $454,500
2018 $6,455 $530,000 $164,800 $365,200
2017 $5,381 $440,000 $164,800 $275,200
2016 $4,689 $403,000 $164,800 $238,200
2015 $4,694 $380,000 $161,600 $218,400
2013 $5,039 $360,000 $146,800 $213,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2191173

Northwest Multiple Listing Service (NWMLS)

APN: 280506-004-012-00