Listed by Best Choice Network LLC, Bought with Redfin
NOT LISTED FOR SALE

1902 Rockefeller Ave Everett, WA 98201

Bayside Neighborhood

Estimated Value: $700,030 - $838,000

5 Beds
3 Baths
2,400 Sq Ft
$318/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $701,000 $292 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,480/month

8 Days on Market

Highlights

  • Corner Lot
  • Patio
  • High Speed Internet
  • No HOA
  • Baseboard Heating
  • 5-minute walk to Everett 10th Street Marine Park Pier

About This Home

As of March 2024

7.28% cap rate! Ideal downtown Everett location just blocks from Grand Ave Park and the new pedestrian bridge to the waterfront. Two 2 bd/1 ba 1,000 sq ft units and a 400 sq ft studio with loft and carport. Separate laundry room shared by all three units. Unit A fully remodeled in '20, Units B and C partially remodeled in '23. New roof and siding in '18, sewer line in '21. Close to the Naval base, downtown Everett, and Boeing. Zero vacancy rate for the past 10+ years. All units rented with long term leases, current rents total $4,820/mo. A solid investment with great cash flow.

Last Agent to Sell the Property

Brian Coffman

Best Choice Network LLC License #107038 Listed on: 02/05/2024

Best Choice Network LLC

Last Buyer's Agent

Sobia Chaudhry

Redfin License #118738

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2192795

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1937

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot
  • Property is in average condition

Home Design

  • Triplex
  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 1 Parking Space
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437038003102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,302

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1937
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, Flat
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Snoh PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

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: 00437038003102
  • Lot Size Acres: 0.08
  • Lot Size: 3485
  • Lot Size Sq Ft: 3485
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.02
  • LeasedItems: None
  • TotalMonthlyIncome: 4820

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3302

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 15, 2024
Sold by
Satyanarayana Sahana
Bought by
Gururajarao Narasimha
Seller's Agent
Brian Coffman
Best Choice Network LLC
Buyer's Agent
Sobia Chaudhry
Redfin
List Price
$695,000
Sold Price
$701,000
Premium/Discount to List
$6,000
0.86%
Views
14
Current Estimated Value
$762,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,258
Avg. Annual Appreciation
4.99%
Original Mortgage
$525,750
Outstanding Balance
$517,005
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$245,253

Purchase Details

Closed on
Nov 18, 2005
Sold by
Carrell Claren
Bought by
Coffman Brian W and Coffman Maryanne E

Purchase Details

Closed on
Nov 16, 2004
Sold by
Lindsey Hwa K
Bought by
Carrell Claren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 15, 2004
Sold by
Dutton James W
Bought by
Carrell Claren L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,800
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 1999
Sold by
Austin Clare W
Bought by
Dutton 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
$93,600
Interest Rate
7.24%
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
Gururajarao Narasimha $313 Chicago Title
Gururajarao Narasimha $701,000 Chicago Title
Coffman Brian W $226,000 1St Am
Carrell Claren L $11,235 Stewart
Carrell Claren L $266,000 Stewart
Dutton James W -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gururajarao Narasimha $525,750
Previous Owner Carrell Claren L $212,800
Previous Owner Dutton James W $93,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2024 03/18/24 Sold $701,000 +0.9% $292 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $695,000 0.0% $290 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $695,000 -- $290 / 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 $5,637 $559,400 $297,600 $261,800
2024 $5,637 $656,400 $277,200 $379,200
2023 $3,302 $402,100 $299,700 $102,400
2022 $2,569 $280,600 $193,800 $86,800
2020 $2,583 $230,100 $141,100 $89,000
2019 $2,371 $212,600 $136,900 $75,700
2018 $2,375 $195,200 $124,100 $71,100
2017 $2,582 $211,300 $96,900 $114,400
2016 $2,285 $196,600 $86,700 $109,900
2015 $2,087 $169,100 $76,500 $92,600
2013 $2,490 $178,100 $64,600 $113,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brian Coffman

    Best Choice Realty Brokerage

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2192795

Northwest Multiple Listing Service (NWMLS)

APN: 004370-380-031-02

Washington Snohomish County Everett 98201 Bayside

1902 Rockefeller Ave, Everett, WA

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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