Listed by Skyline Properties, Inc., Bought with RE/MAX Integrity
$560,000
SOLD MAY 22, 2020

2028 Chestnut St Unit A&B Everett, WA 98201

Riverside Neighborhood
-- Bed
-- Bath
2,252 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

26% Above List Price

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of February 2025

Built 1990,Large Town home Duplex,3 bedroom/1.25 bath/1 car garage,private fenced back yard with patio area for each unit,Everett is rapidly growing and appreciating,Best Value on the market-Rare opportunity for owner user to occupy.CAP Rate potential 6.75++% Sold Vacant-Estimated rent & expenses.Market rents approx $1850-2000 a month w/cosmetic updates.Sold "as-is",sold vacant,walk to parks and schools, quiet residential area, minutes to I-5 and shopping.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 04/17/2020

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Cory Brandt

RE/MAX Integrity License #17039

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1580744

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1990

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • North Mid Middle School
  • Everett High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563241202800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,636

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2252
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • 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, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: CITY OF EVERETT
  • WaterCompany: city of Everett
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00563241202800
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: ASSESOR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3626

Multi Family

  • Gross Scheduled Income: 43512
  • Net Operating Income: 29870
  • Number Of Units Total: 2
  • Insurance Expense: 2100
  • Leasable Area: 2252
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4636

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2020
Closed on
May 18, 2020
Sold by
Housing Authority Of The City Of Everett
Bought by
Kobs Austin C and Kobs Erin M
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Cory Brandt
RE/MAX Integrity
List Price
$445,000
Sold Price
$560,000
Premium/Discount to List
$115,000
25.84%
Current Estimated Value
$832,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,802
Avg. Annual Appreciation
7.44%
Original Mortgage
$280,000
Outstanding Balance
$251,351
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$568,240
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 Type Sale Price Title Company
Warranty Deed -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $825,000 0.0% $366 / Sq Ft
01/24/2025 01/24/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $825,000 +47.3% $366 / Sq Ft
05/22/2020 05/22/20 Sold $560,000 +25.8% $249 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $445,000 -- $198 / 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 $5,369 $656,600 $336,000 $320,600
2024 $5,369 $625,200 $295,500 $329,700
2023 $5,260 $640,500 $284,400 $356,100
2022 $4,820 $526,400 $224,100 $302,300
2020 $3,074 $441,600 $177,300 $264,300
2019 $0 $372,900 $146,700 $226,200
2018 $0 $322,600 $131,400 $191,200
2017 -- $318,800 $118,800 $200,000
2016 -- $292,400 $100,800 $191,600
2015 -- $249,100 $86,400 $162,700
2013 -- $224,100 $63,900 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1580744

Northwest Multiple Listing Service (NWMLS)

APN: 005632-412-028-00