NOT LISTED FOR SALE

Estimated Value: $525,000 - $603,000

4 Beds
2 Baths
1,518 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $280,000 $184 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,346/month

13 Days on Market

About This Home

As of May 2017

Investor Alert! Great investment opportunity located near the heart of downtown. This duplex has many updated features which includes vinyl windows, vinyl siding and a newer roof put on in 2011. Upper unit is a 600 sq ft 2 bd 1 ba in good condition. The lower unit is a 2b 1ba and was remodeled just over a year ago with new flooring, cabinets, counter tops and paint. Located close to schools, Boeing, I-5 and the Naval Base, this property is a great opportunity for an investor or an owner occupant

Last Agent to Sell the Property

Jason Windom

eXp Realty License #22019368 Listed on: 04/28/2017

eXp Realty

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1114493

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,518 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Garfield Elementary School
  • North Mid Middle School
  • Everett High School

Community Details

  • Everett Div Plat Of Blk 385 Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 & 16 / 385
  • Assessor Parcel Number 00438438501500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,499

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett DIV Plat of BLK 385
  • New Construction: No
  • CalculatedSquareFootage: 1518
  • Special Features: VirtualTour
  • Cumulative Days on Market: 275

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Post & Pillar
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • WaterCompany: PUD
  • WaterSewerGarbage: 1380

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00438438501500
  • Lot Size Acres: 0.14
  • Lot Size: 6098
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential
  • LotNumber: 15 & 16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 18521
  • Number Of Units Total: 2
  • Insurance Expense: 640
  • Leasable Area: 1518
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2499

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2023
Sold by
Jiang Nan
Bought by
1931 Rentals Llc
Total Days on Market
13
Current Estimated Value
$568,198

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 23, 2017
Sold by
Martin Enterprises Rental Llc
Bought by
Jiang Nan
Seller's Agent
Jason Windom
eXp Realty
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jan 14, 2015
Sold by
Martin Dennis
Bought by
Martin Enterprises Rentals Llc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Martin Dennis
Bought by
Martin Enterprises Rentals Llc

Purchase Details

Closed on
May 12, 2009
Sold by
Martin Marian A
Bought by
Martin Dennis Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Hastings Andrew T and Hastings Stephanie
Bought by
Griffin Jerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Kosier Roberta J and Hartman Robert B
Bought by
Hastings Andrew T and Hastings Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,120
Interest Rate
7.23%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1931 Rentals Llc -- --
Jiang Nan $280,000 Wfg Natl Title Co Of Wa Llc
Martin Enterprises Rentals Llc -- None Available
Martin Enterprises Rentals Llc -- None Available
Martin Dennis Wayne $28,089 Old Republic Title Ltd
Martin Dennis Wayne $300,000 Old Republic Title Ltd
Griffin Jerry $137,078 Old Republic Title Ltd
Hastings Andrew T $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Dennis Wayne $240,000
Previous Owner Griffin Jerry $198,000
Previous Owner Hastings Andrew T $108,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $280,000 0.0% $184 / Sq Ft
05/14/2017 05/14/17 For Sale $280,000 0.0% $184 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $280,000 0.0% $184 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $280,000 -- $184 / 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 $3,958 $485,400 $323,400 $162,000
2024 $3,958 $460,900 $298,900 $162,000
2023 $4,058 $494,200 $294,500 $199,700
2022 $3,958 $432,300 $227,100 $205,200
2020 $3,847 $342,700 $179,600 $163,100
2019 $3,367 $301,900 $148,200 $153,700
2018 $3,120 $256,400 $133,000 $123,400
2017 $2,499 $204,500 $114,300 $90,200
2016 $2,134 $183,600 $97,200 $86,400
2015 $1,955 $158,400 $82,800 $75,600
2013 $2,012 $143,900 $58,500 $85,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1114493

Northwest Multiple Listing Service (NWMLS)

APN: 004384-385-015-00