NOT LISTED FOR SALE

Estimated Value: $744,000 - $897,639

5 Beds
2.5 Baths
4,019 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $975,000 $243 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $5,332/month

65 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit
  • Jogging Path
  • 2-minute walk to Florence Street Park & Jacob Scharf Playground

About This Home

As of September 2023

Great investor opportunity. Turn-key property with renovated kitchens and bathrooms. Mixed use building, 2 residential units each with individual in-unit washer and dryer, and 1 commercial unit (hair salon). Both residential units have renovated bathrooms and kitchens with new appliances including dishwashers. Property price includes large rear parking area for 5 cars. Unit 1 has two bedrooms, one bath and an outdoor private deck. Unit 2 is a large three bedroom apartment with one bath, a spacious living room and large eat in kitchen, bonus home office / guest room and an enclosed porch. Each rental unit has private storage space in the walk-in lower level included in their rent. Centrally located in Everett, with easy highway access, bus stops, walk to shops and restaurants. This large 4,900+ sq. ft. lot has future potential to be made into larger building. 11 Rooms, 5+ bedrooms, 2 full baths, 1 half bath. Unit 3 currently vacant, can be owner occupied

Last Agent to Sell the Property

Caroline Morson

Compass Listed on: 06/19/2023

Compass

Last Buyer's Agent

Caroline Morson

Compass Listed on: 06/19/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,499

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,922 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Triplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,019 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Enclosed Patio or Porch
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $6,104
  • Rent includes unit 1(water), unit 2(water), unit 3(water other (see remarks))
  • Assessor Parcel Number K002000130,482198

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $2,900
  • Water Sewer Expense $1,200
  • Operating Expense $5,300
  • Net Operating Income $67,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,499

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 3 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Wood,Hardwood, Unit 3(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 3(Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Other (See Remarks)), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Wall Oven,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 3 Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access, Concrete
  • Living Area: 4019
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 223.69
  • PRICE PER Sq Ft: 242.6
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Waterfront Features: Beach Front, Harbor, 1 to 2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Deeded, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: K002000130,482198
  • Zoning: 1010
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4922
  • Lot Size Units: Acres
  • PAGE: 335
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9499.41
  • Tax Book Number: 73571

Multi Family

  • Gross Income: 73248
  • Insurance Expense: 2900
  • Net Operating Income: 67948
  • Number Of Units Total: 3
  • Operating Expense: 5300
  • Total Actual Rent: 6104
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2013
Sold by
Lima Roy S and Lima Gloria P
Bought by
Lima Roy S
Current Estimated Value
$836,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$146,366
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$690,294

Purchase Details

Closed on
May 22, 1996
Sold by
Est Rowen Leo and Bialkowski Joan
Bought by
Lima Roy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
8.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lima Roy S -- --
Lima Roy S $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima Roy $50,000
Open Lima Roy S $200,000
Previous Owner Lima Roy S $105,500
Previous Owner Lima Roy S $30,000
Previous Owner Lima Roy S $100,000
Previous Owner Lima Roy S $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $975,000 +8.5% $243 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $899,000 0.0% $224 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $899,000 +28.6% $224 / Sq Ft
10/31/2019 10/31/19 Sold $699,000 0.0% $162 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/09/2019 09/09/19 Price Changed $699,000 -12.5% $162 / Sq Ft
08/29/2019 08/29/19 Price Changed $799,000 -2.4% $185 / Sq Ft
08/28/2019 08/28/19 Price Changed $819,000 -3.3% $190 / Sq Ft
08/21/2019 08/21/19 Price Changed $847,000 -0.4% $196 / Sq Ft
08/13/2019 08/13/19 For Sale $850,000 -- $197 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,389 $824,300 $280,400 $543,900
2024 $8,686 $757,900 $256,400 $501,500
2023 $8,487 $720,500 $245,700 $474,800
2022 $6,887 $664,800 $224,300 $440,500
2021 $6,058 $613,800 $189,600 $424,200
2020 $6,378 $599,400 $189,600 $409,800
2019 $6,711 $542,100 $176,800 $365,300
2018 $6,286 $456,200 $153,800 $302,400
2017 $5,633 $390,100 $117,500 $272,600
2016 $5,189 $359,100 $116,700 $242,400
2015 $4,814 $329,500 $101,500 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73126664

MLS Property Information Network (MLS PIN)

APN: EVER-000000-K000002-000128