Listed by HomeSmart One Realty, Bought with John L. Scott Mill Creek
NOT LISTED FOR SALE

Estimated Value: $533,000 - $651,000

4 Beds
2 Baths
1,400 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $485,000 $346 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,504/month

11 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property
  • Wood Siding

About This Home

As of August 2021

This is a superb investment! Both units feature 2 bed/ 1 bth. One unit has been completely remodeled, both units are spacious, bright & well maintained. Property features a fenced yard and plenty of parking. Both tenants are great & long term. One has been there for over 23 years, both are always on time. Positive cash flow. For your investment, this is it!

Last Agent to Sell the Property

Dana Lunceford

HomeSmart One Realty License #7373 Listed on: 06/24/2021

HomeSmart One Realty

Last Buyer's Agent

Kyle Maple

John L. Scott Mill Creek License #128844

John L. Scott Mill Creek

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1795706

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,663

Year Built

  • Built in 1968

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Pinehurst Div D Condos
  • Pinehurst Subdivision

Listing and Financial Details

  • Tax Lot 11, 12, & 2 ft of 13
  • Assessor Parcel Number 00545204401100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,663

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Pinehurst Div D
  • New Construction: No
  • CalculatedSquareFootage: 1400
  • SOCComments: Commission Paid to Buyer's Brokerage
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Concrete Ribbon
  • 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
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works
  • WaterSewerGarbage: 1640

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00545204401100
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Realist - Buyer to Verify
  • ZoningJurisdiction: City
  • LotNumber: 11, 12, & 2 ft of 13

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21
  • LeasedItems: None
  • TotalMonthlyIncome: 1850

Multi Family

  • Gross Scheduled Income: 22200
  • Net Operating Income: 16237
  • Number Of Units Total: 2
  • Insurance Expense: 660
  • Leasable Area: 1400
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3663

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 21, 2021
Sold by
Glynn Thomas
Bought by
Chan Sowattana and Simonson Jess
Seller's Agent
Dana Lunceford
HomeSmart One Realty
Buyer's Agent
Kyle Maple
John L. Scott Mill Creek
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$591,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,820
Avg. Annual Appreciation
4.89%
Original Mortgage
$363,750
Outstanding Balance
$278,509
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$313,311

Purchase Details

Closed on
Oct 9, 1998
Sold by
Gaines Robert C and Gaines Willa C
Bought by
Glynn Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.79%
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
Chan Sowattana $485,000 Ticor Title
Glynn Thomas $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Sowattana $363,750
Previous Owner Glynn Thomas $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2021 08/05/21 Sold $485,000 0.0% $346 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $485,000 -- $346 / 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 $4,253 $504,100 $330,000 $174,100
2024 $4,253 $494,100 $320,000 $174,100
2023 $4,238 $514,900 $320,000 $194,900
2022 $3,747 $408,400 $243,000 $165,400
2020 $3,663 $325,600 $180,000 $145,600
2019 $3,215 $287,600 $164,000 $123,600
2018 $3,170 $260,000 $144,000 $116,000
2017 $2,874 $234,800 $128,000 $106,800
2016 $2,376 $204,000 $100,000 $104,000
2015 $2,172 $175,600 $92,000 $83,600
2013 $1,993 $142,200 $69,000 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1795706

Northwest Multiple Listing Service (NWMLS)

APN: 005452-044-011-00