NOT LISTED FOR SALE

Estimated Value: $542,000 - $641,000

4 Beds
3 Baths
2,300 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $425,000 $185 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,788/month

4 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Wood Siding
  • Territorial View
  • Property is Fully Fenced
  • 5-minute walk to Everett 10th Street Marine Park Pier

About This Home

As of March 2020

Nice income property with 2 homes. Home A is a clean & sober home w/ 5 bedroom 2 bath & 1850 sq.ft rented to an organization that has been in business successfully for nearly 30 years. Home B is 1 Bedroom 1 Bath 440 sq.ft w/ garage rents for $1050 month. Both long term tenants would like to stay. There's also a large storage area in detached garage and another laundry utility room. Nice fenced in
lot and both homes have new exterior paint.Nice set up with great rental income or 1031 exchange.

Last Agent to Sell the Property

Fred Currier

Pacific Northwest Realty License #26803 Listed on: 01/03/2020

Last Buyer's Agent

Samuel Harris

COMPASS License #18487

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1551448

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 110
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 1 Parking Space
  • 1 Covered Space

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

  • Everett Div Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 379
  • Assessor Parcel Number 00437037901400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,035

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1890
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Div
  • New Construction: No
  • CalculatedSquareFootage: 2300
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 280

Interior Features

  • 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
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Total Parking Spaces: 1
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric
  • WaterSewerGarbage: 2220

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00437037901400
  • Lot Size Acres: 0.06
  • Lot Size: 25 x 110
  • Lot Size Sq Ft: 2614
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,Outbuildings,Shop
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • LotNumber: 14

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3250

Multi Family

  • Gross Scheduled Income: 39000
  • Net Operating Income: 32545
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2300
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2020
Sold by
Jones Trilogy and Landers Billy W
Bought by
Landers Billy W
Total Days on Market
4
Current Estimated Value
$608,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Outstanding Balance
$286,137
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$325,224

Purchase Details

Listed on
Jan 3, 2020
Closed on
Mar 2, 2020
Sold by
Williams Stephen J and Wft Trust
Bought by
Landers Billy W and Hunter Teo
Seller's Agent
Fred Currier
Pacific Northwest Realty
Buyer's Agent
Samuel Harris
COMPASS
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$320,000
Interest Rate
3.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 24, 2012
Sold by
Williams Stephen J and Williams Patricia S
Bought by
Williams Stephen J

Purchase Details

Closed on
Mar 1, 2005
Sold by
Booth Kathy J
Bought by
Litton Loan Servicing Inc

Purchase Details

Closed on
Oct 26, 2001
Sold by
Booth Anthony Wayne
Bought by
Booth Katherine Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
6.87%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Parks Chambers Kathy L and Chambers Roland G
Bought by
Booth Anthony W and Booth Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
9.25%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Parks Chambers Kathy L and Parks Kathy L
Bought by
Chambers Roland G and Parks Chambers Kathy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
6.62%
Source: Public Records

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Range of Values:

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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
Landers Billy W -- Wfg Natl Ttl Co Of Wa Llc
Hunter Teo -- Wfg Natl Ttl Co Of Wa Llc
Landers Billy W $425,000 Chicago Title
Williams Stephen J -- None Available
Litton Loan Servicing Inc $196,179 First American Title Ins Co
Booth Katherine Jill -- --
Booth Anthony W $160,000 --
Chambers Roland G -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Teo $318,750
Closed Landers Bill $320,000
Previous Owner Williams Stephen J $41,700
Previous Owner Booth Katherine Jill $174,500
Previous Owner Booth Anthony W $128,000
Previous Owner Chambers Roland G $91,000
Closed Booth Anthony W $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $425,000 0.0% $185 / Sq Ft
01/07/2020 01/07/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $425,000 -- $185 / 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 $4,437 $519,900 $296,700 $223,200
2024 $4,437 $516,700 $291,000 $225,700
2023 $3,886 $473,200 $266,500 $206,700
2022 $3,565 $389,400 $204,100 $185,300
2020 $3,207 $285,700 $144,800 $140,900
2019 $3,035 $272,100 $139,800 $132,300
2018 $2,890 $237,500 $110,000 $127,500
2017 $2,543 $208,100 $100,000 $108,100
2016 $2,274 $195,600 $95,300 $100,300
2015 $2,291 $185,700 $90,800 $94,900
2013 $2,602 $186,100 $90,800 $95,300
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1551448

Northwest Multiple Listing Service (NWMLS)

APN: 004370-379-014-00