Listed by KW North Sound, Bought with eXp Realty
NOT LISTED FOR SALE

1932 111th Place SW Everett, WA 98204

Holly Neighborhood

Estimated Value: $813,415 - $957,000

6 Beds
6 Baths
2,456 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 17, 2015

Last sale price $389,000 $158 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,326/month

77 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio
  • 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: 11/20/2014

KW North Sound

Last Buyer's Agent

Melissa Canfield

eXp Realty License #23437

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 718851

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
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Paine Field Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00537900003309

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: VirtualTour
  • Cumulative Days on Market: 497

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

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

Schools

  • Junior High Dist: Mukilteo

Lot Info

  • Parcel Number: 00537900003309
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: 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

Closed on
May 11, 2018
Sold by
Johnson Jeffrey S
Bought by
Vu Daniel H D and Vu Helena H D
Current Estimated Value
$893,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2014
Closed on
Mar 13, 2015
Sold by
Belcher Donald L and Belcher Judith M
Bought by
Johnson Jeffrey S
Seller's Agent
Lance Otto
KW North Sound
Buyer's Agent
Melissa Canfield
eXp Realty
List Price
$389,950
Sold Price
$389,000
Premium/Discount to List
-$950
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$369,550
Interest Rate
3.61%
Mortgage Type
New Conventional

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
$246,100
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Langlais Brian M and Weaks Paula J
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
$264,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1995
Sold by
Goldmark Enterprises Inc
Bought by
Langlais Brian M and Weaks Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,400
Interest Rate
7.74%
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
Vu Daniel H D $600,000 Chicago Title
Johnson Jeffrey S $389,000 Chicago Title
Belcher Donald L $420,000 Stewart
Gallardo Anthony L $330,000 Chicago
Langlais Brian M $206,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Daniel H D $448,000
Closed Vu Daniel H D $450,000
Previous Owner Johnson Jeffrey S $369,550
Previous Owner Belcher Donald L $231,000
Previous Owner Belcher Donald L $246,100
Previous Owner Gallardo Anthony L $264,000
Previous Owner Langlais Brian M $185,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2015 03/17/15 Sold $389,000 -0.2% $158 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
11/20/2014 11/20/14 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 $283,700 $406,300
2024 $5,230 $675,000 $273,500 $401,500
2023 $4,873 $645,000 $263,200 $381,800
2022 $5,249 $602,000 $191,900 $410,100
2020 $4,633 $534,000 $166,900 $367,100
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: 718851

Northwest Multiple Listing Service (NWMLS)

APN: 005379-000-033-09