Listed by KW North Sound
NOT LISTED FOR SALE

1929 111th Place SW Everett, WA 98204

Holly Neighborhood

Estimated Value: $804,072 - $944,000

6 Beds
6 Baths
2,456 Sq Ft
$363/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $385,000 $157 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,164/month

73 Days on Market

Highlights

  • Territorial View
  • Patio
  • Wall to Wall Carpet
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of March 2015

Opportunity knocking. Are you looking for a GREAT investment to add to your Real Estate portfolio? Look no further. Located with-in 5 min to the Boeing plant "AWESOME LOCATION". Why rent when you can own and have somebody else pay half your mortgage for you. Each unit has over 1200 SqFt, 3 beds and 2.5 baths, built in 1995, fenced in back yard. Long term tenants with zero vacancy. One of three identical Duplexes that are for sale right next door to each other. Great ROI with 6% cap rate on money

Last Agent to Sell the Property

Lance Otto

KW North Sound License #85874 Listed on: 11/21/2014

KW North Sound

Co-Listed By

Harold Phillips

Skyline Properties, Inc. License #114132

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 719063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1995

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,456 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Paine Field Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0537900003301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1995
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2456
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 0537900003301
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2590

Multi Family

  • Gross Scheduled Income: 31080
  • Net Operating Income: 25252
  • Number Of Units Total: 2
  • Insurance Expense: 922
  • Leasable Area: 2456
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 2580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Mar 12, 2015
Sold by
Belcher Donald L and Belcher Judith M
Bought by
Creed Jonathan B
Seller's Agent
Lance Otto
KW North Sound
List Price
$389,950
Sold Price
$385,000
Premium/Discount to List
-$4,950
-1.27%
Current Estimated Value
$891,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,768
Avg. Annual Appreciation
8.25%
Original Mortgage
$308,000
Outstanding Balance
$235,286
Interest Rate
3.61%
Mortgage Type
New Conventional
Estimated Equity
$656,482

Purchase Details

Closed on
Sep 14, 2006
Sold by
Gallardo Anthony L and Gallardo Mary L
Bought by
Belcher Donald L and Belcher Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2004
Sold by
Halterman William K
Bought by
Gallardo Anthony L and Gallardo Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,800
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Creed Jonathan B $385,000 Chicago Title
Belcher Donald L $420,000 Stewart
Gallardo Anthony L $331,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creed Jonathan B $308,000
Previous Owner Belcher Donald L $286,400
Previous Owner Gallardo Anthony L $264,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2015 03/13/15 Sold $385,000 -1.3% $157 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $389,950 -- $159 / 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 $5,230 $690,000 $284,100 $405,900
2024 $5,230 $675,000 $273,800 $401,200
2023 $4,873 $645,000 $263,600 $381,400
2022 $5,249 $602,000 $192,000 $410,000
2020 $4,633 $534,000 $167,000 $367,000
2019 $3,975 $464,000 $136,000 $328,000
2018 $3,822 $384,000 $110,000 $274,000
2017 $3,521 $362,000 $110,000 $252,000
2016 $2,966 $302,000 $83,000 $219,000
2015 $2,935 $270,000 $83,000 $187,000
2013 $2,767 $237,000 $83,000 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 719063

Northwest Multiple Listing Service (NWMLS)

APN: 005379-000-033-01