NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,235,000

-- Bed
4 Baths
3,876 Sq Ft
$279/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $823,000 $212 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,345/month

4 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Siding
  • Whittier Elementary School Rated A
  • Patio
  • Wall to Wall Carpet

About This Home

As of March 2021

Fantastic four-plex opportunity in an excellent location. Easy to get excellent, long-term, stable tenants. Units are two bedrooms one bath with in-unit washer dryers. Excellent cap rate, good rents, and very low maintenance building. The outstanding rental market makes this an extremely solid investment property. Rents are pro forma. Super value!

Last Agent to Sell the Property

Vince Grant

RE/MAX Elite License #41821 Listed on: 02/01/2021

RE/MAX Elite

Last Buyer's Agent

Padraic Jordan

Windermere Real Estate Co. License #32523

Windermere Real Estate Co.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1723715

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 1979

Lot Details

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

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,876 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437042501300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,309

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3876
  • Special Features: None
  • Cumulative Days on Market: 282

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

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: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Everett Utilities
  • WaterCompany: Everett Utilities
  • WaterSewerGarbage: 4127

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00437042501300
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5000

Multi Family

  • Gross Scheduled Income: 60000
  • Net Operating Income: 48945
  • Number Of Units Total: 4
  • Electric Expense: 300
  • Insurance Expense: 619
  • Leasable Area: 3876
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6309

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 13, 2021
Sold by
Hansen Erin Allison and Hansen Brian Matthew
Bought by
Nw Focus Investments 2 Llc
Seller's Agent
Vince Grant
RE/MAX Elite
Buyer's Agent
Padraic Jordan
Windermere Real Estate Co.
List Price
$800,000
Sold Price
$823,000
Premium/Discount to List
$23,000
2.88%
Total Days on Market
4
Current Estimated Value
$1,082,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,079
Avg. Annual Appreciation
6.47%
Original Mortgage
$576,100
Outstanding Balance
$522,267
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$553,470

Purchase Details

Listed on
Feb 1, 2021
Closed on
Feb 25, 2021
Sold by
Baggerly Ralph L and The Baggerly Living Trust
Bought by
Hansen Brian and Hansen Erin
Seller's Agent
Vince Grant
RE/MAX Elite
Buyer's Agent
Padraic Jordan
Windermere Real Estate Co.
List Price
$800,000
Sold Price
$823,000
Premium/Discount to List
$23,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,100
Outstanding Balance
$522,267
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$553,470

Purchase Details

Closed on
Apr 10, 2012
Sold by
Baggerly Ralph L and Baggerly Donna L
Bought by
Baggerly Ralph L and Baggerly Donna
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
Nw Focus Investments 2 Llc -- None Available
Hansen Brian $823,000 Chicago Title Company Of Wa
Baggerly Ralph L $2,247 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hansen Brian $576,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $823,000 +2.9% $212 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $800,000 -- $206 / 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 $7,223 $849,500 $297,000 $552,500
2024 $7,223 $841,000 $292,000 $549,000
2023 $6,516 $793,500 $287,000 $506,500
2022 $5,860 $640,000 $210,000 $430,000
2020 $6,309 $562,000 $174,000 $388,000
2019 $6,068 $544,000 $169,000 $375,000
2018 $6,376 $524,000 $169,800 $354,200
2017 $5,425 $444,000 $154,400 $289,600
2016 $4,487 $386,000 $147,000 $239,000
2015 $4,553 $369,000 $140,000 $229,000
2013 $4,419 $316,000 $140,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1723715

Northwest Multiple Listing Service (NWMLS)

APN: 004370-425-013-00