NOT LISTED FOR SALE

Estimated Value: $1,072,000 - $1,234,000

7 Beds
3 Baths
2,696 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,021,000 $379 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,836/month

5 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Level Lot
  • Enclosed Patio or Porch

About This Home

As of October 2023

Great opportunity to invest in a 3 unit multifamily in Everett with a 9% potential cap rate. All units are deleaded. All units have been renovated in the past few years. Unit 1 and Unit 2 are three bedroom, one bathroom units with living room, eat-in kitchen and enclosed porches. Unit 3 is a one bedroom, one bathroom plus den. Coin operated laundry in walk-out basement. Huge parking lot which can fit 5 cars currently. There is also a green garden area which can be converted to more parking if needed.Gas heating for Unit 1 and Unit 3, oil heating for Unit 2. Newer roof from 2018. Separated electrical per unit and one common electrical meter.

Last Agent to Sell the Property

Christie Xie

Nuage Real Estate Group Listed on: 08/22/2023

Last Buyer's Agent

Christie Xie

Nuage Real Estate Group Listed on: 08/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 1920

Lot Details

  • 5,232 Sq Ft Lot
  • Level Lot

Parking

  • 5 Car Parking Spaces

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,696 Sq Ft Home
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $7,900
  • Assessor Parcel Number 477814

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park

Building Details

  • Net Operating Income $94,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,228

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • Living Area: 2696
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7196
  • MAIN SO: AN7196

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park
  • Senior Community YN: No

Lot Info

  • Parcel Number: 477814
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5232
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9228

Multi Family

  • Net Operating Income: 94800
  • Number Of Units Total: 3
  • Total Actual Rent: 7900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Xie Christie Y
Bought by
Christie Yunzhe Xie Ret and Xie
Current Estimated Value
$1,125,671

Purchase Details

Listed on
Nov 1, 2019
Closed on
Jan 10, 2020
Sold by
Singh Mandip and Sandhu Balvir K
Bought by
Xie Yunzhe
Seller's Agent
Susan Chopra
The Great Boston Realty
Buyer's Agent
Christie Xie
Nuage Real Estate Group
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$525,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 6, 2015
Sold by
Singh Mandip
Bought by
Singh Mandip and Sandhu Balvir K
Seller's Agent
Mission Impossible Team
United Brokers
Buyer's Agent
Susan Chopra
The Great Boston Realty
List Price
$369,000
Sold Price
$410,000
Premium/Discount to List
$41,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%

Purchase Details

Listed on
Jun 19, 2015
Closed on
Jul 7, 2015
Sold by
Ramos Tomas and M & T Bank
Bought by
M & T Bank
Seller's Agent
Mission Impossible Team
United Brokers
Buyer's Agent
Susan Chopra
The Great Boston Realty
List Price
$369,000
Sold Price
$410,000
Premium/Discount to List
$41,000
11.11%

Purchase Details

Closed on
Jan 4, 2007
Sold by
Ramos Lorenzo and Ramos Tomas
Bought by
Ramos Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2004
Sold by
Garofalo John M and Garofalo Michelle
Bought by
Ramos Lorenzo and Ramos Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Cornelio Juliana
Bought by
Garofalo John M and Garofalo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1994
Sold by
Glendale Coop Bk
Bought by
Cornelio Antonio and Cornelio Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 1994
Sold by
Gear John R and Glendale Coop Bk
Bought by
Glendale Coop Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
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
Christie Yunzhe Xie Ret -- None Available
Xie Yunzhe $750,000 None Available
Singh Mandip -- --
M & T Bank $411,888 --
Ramos Tomas -- --
Ramos Lorenzo $480,000 --
Garofalo John M $173,000 --
Cornelio Antonio $130,000 --
Glendale Coop Bk $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xie Yunzhe $525,000
Previous Owner Ramos Tomas $460,000
Previous Owner Ramos Tomas $54,000
Previous Owner Ramos Lorenzo $384,000
Previous Owner Glendale Coop Bk $138,400
Previous Owner Glendale Coop Bk $25,000
Previous Owner Glendale Coop Bk $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2023 10/13/23 Sold $1,021,000 +7.6% $379 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $949,000 +26.5% $352 / Sq Ft
01/14/2020 01/14/20 Sold $750,000 0.0% $278 / Sq Ft View Prior Sale
11/06/2019 11/06/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $749,900 +82.9% $278 / Sq Ft
08/03/2015 08/03/15 Sold $410,000 +11.1% $150 / Sq Ft View Prior Sale
07/04/2015 07/04/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $369,000 -- $135 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,258 $988,400 $264,900 $723,500
2024 $9,128 $796,500 $232,100 $564,400
2023 $9,003 $764,300 $222,000 $542,300
2022 $7,400 $714,300 $211,900 $502,400
2021 $6,388 $647,200 $189,700 $457,500
2020 $6,554 $616,000 $189,700 $426,300
2019 $6,913 $558,400 $180,600 $377,800
2018 $6,572 $476,900 $157,400 $319,500
2017 $6,499 $450,100 $141,300 $308,800
2016 $5,874 $406,500 $126,200 $280,300
2015 $5,511 $377,200 $113,800 $263,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73151099

MLS Property Information Network (MLS PIN)

APN: EVER-000000-A000004-000211