Listed by Coldwell Banker Danforth, Bought with Pacific Northwest Realty
NOT LISTED FOR SALE

202 2nd St Snohomish, WA 98290

Estimated Value: $790,000 - $1,179,000

4 Beds
4 Baths
2,736 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 12, 2012

Last sale price $255,000 $93 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $5,410/month

55 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of April 2012

New Price! Here is your opportunity to own a 4 Plex in Downtown Snohomish! There are 4 units, 3 have 2 Bedrooms and the 4th unit has 1 Bedroom. Coin Op Laundry, on site. There is one carport and 3 additional parking areas. The 4 Plex is fully occupied and offers good rental income! Located within walking distance of historic downtown Snohomish! Shopping and schools are all also nearby and there is good highway access. Don't miss out on your chance to own a great investment like this!

Last Agent to Sell the Property

Loretta Taplett

Coldwell Banker Danforth License #374 Listed on: 01/04/2012

Coldwell Banker Danforth

Last Buyer's Agent

Fred Currier

Pacific Northwest Realty License #26803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 307708

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,628

Year Built

  • Built in 1959

Lot Details

  • 7,840 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Snohomish High School

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Snohomish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00444100800103

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,628

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1959
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2736
  • SOCComments: Full 3%!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • PowerCompany: Sno Co PUD
  • SewerCompany: City of Snohomish
  • WaterCompany: City of Snohomish
  • WaterSewerGarbage: 3300

Fee Information

  • Annual Fuel Expense: 1560

Schools

  • Junior High Dist: Snohomish
  • High School: Snohomish High

Lot Info

  • Parcel Number: 00444100800103
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 36000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 27931
  • Number Of Units Total: 4
  • Electric Expense: 480
  • Insurance Expense: 1100
  • Leasable Area: 2736
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2015
Sold by
Em 2 Llc
Bought by
Currier Fred
Current Estimated Value
$934,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,585
Outstanding Balance
$246,537
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$687,943

Purchase Details

Closed on
Jan 26, 2015
Sold by
Currier Denise
Bought by
Currier Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,585
Outstanding Balance
$246,537
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$687,943

Purchase Details

Listed on
Jan 4, 2012
Closed on
Mar 29, 2012
Sold by
Johnson Erica S and Lundquist Matthew O
Bought by
Em 2 Llc
Seller's Agent
Loretta Taplett
Coldwell Banker Danforth
Buyer's Agent
Fred Currier
Pacific Northwest Realty
List Price
$299,950
Sold Price
$255,000
Premium/Discount to List
-$44,950
-14.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$100,000
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 30, 1994
Sold by
Burns William J and Burns Margaret
Bought by
Lundquist Curt E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4%
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
Currier Fred $326,500 Fidelity National Title Co
Currier Fred -- First American Title Ins Co
Em 2 Llc $255,280 Ticor Title
Lundquist Curt E $140,000 Western Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Currier Fred $320,585
Previous Owner Em 2 Llc $100,000
Previous Owner Lundquist Curt E $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold $255,000 -15.0% $93 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $299,950 -- $110 / 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 $5,643 $660,000 $413,100 $246,900
2024 $5,643 $580,000 $397,300 $182,700
2023 $4,390 $500,000 $345,200 $154,800
2022 $4,752 $440,000 $263,400 $176,600
2020 $4,601 $396,000 $181,800 $214,200
2019 $4,462 $392,000 $162,100 $229,900
2018 $5,057 $372,000 $146,300 $225,700
2017 $4,428 $332,000 $142,300 $189,700
2016 $4,320 $314,000 $126,500 $187,500
2015 $4,024 $280,000 $114,600 $165,400
2013 $2,813 $190,000 $142,300 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 307708

Northwest Multiple Listing Service (NWMLS)

APN: 004441-008-001-01