Listed by John L. Scott Arlington, Bought with Windermere Real Estate GH LLC
NOT LISTED FOR SALE

Estimated Value: $787,000 - $942,000

4 Beds
4 Baths
2,700 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $780,000 $289 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,246/month

7 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • High Speed Internet
  • Softwood Flooring
  • No HOA
  • Wood Siding

About This Home

As of May 2024

Investor Alert! Mixed use 4-plex with 3 residential units and approved commercial space. Updated plumbing, electrical, siding, windows, and exterior paint. All three living spaces have been elegantly remodeled with high attention to detail. The upper units have whitewashed pine walls and ceilings, quartz counters, and subway tile showers. The downstairs unit has a built in hutch, granite counters, and access to the nice sized yard. All living units are currently rented, have their own washer and dryers, and currently provide a stable cash flow. The commercial space is a blank canvas for someone’s creative vision. It has a a large open area, separate kitchen space, a full bathroom, and both exterior/basement storage.

Last Agent to Sell the Property

Tara Sharp

John L. Scott Arlington License #114532 Listed on: 03/27/2024

John L. Scott Arlington

Co-Listed By

Sonya Blacker

Windermere RE Arlington License #75751

Last Buyer's Agent

Amber Kegley

Windermere Real Estate GH LLC License #95719

Windermere Real Estate GH LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2210724

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Softwood Flooring
  • Territorial Views

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • North Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563241200100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1907
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2700
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Softwood
  • Interior Amenities: Fir/Softwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition, Torch Down
  • View: Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump, None
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split, Other – See Remarks, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 1800

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00563241200100
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: 6089
  • MLSSquareFootageSource: 2700
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4415

Multi Family

  • Gross Scheduled Income: 46920
  • Net Operating Income: 37240
  • Number Of Units Total: 4
  • Electric Expense: 1500
  • Insurance Expense: 1200
  • Leasable Area: 2700
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5357

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Apr 15, 2024
Sold by
Campbell Shelby
Bought by
Valadda Llc
Seller's Agent
Tara Sharp
John L. Scott Arlington
Buyer's Agent
Amber Kegley
Windermere Real Estate GH LLC
List Price
$795,000
Sold Price
$780,000
Premium/Discount to List
-$15,000
-1.89%
Views
17
Current Estimated Value
$873,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,667
Avg. Annual Appreciation
2.33%
Original Mortgage
$852,280
Outstanding Balance
$843,318
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
-$38,318

Purchase Details

Closed on
Jan 2, 2020
Sold by
Brandstetter Curt R
Bought by
Campbell Shelby A

Purchase Details

Closed on
Apr 27, 2016
Sold by
Campbell Shelby Anne
Bought by
Campbell Shelby Anne and Brandstetter Curt Robert

Purchase Details

Closed on
Sep 29, 2015
Sold by
Shin Pu Cha and Shin Pucha
Bought by
Campbell Shelby A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.89%
Mortgage Type
Unknown

Purchase Details

Closed on
May 11, 2006
Sold by
Song Jae S and Song Kyoung Ja
Bought by
Shin Pu Cha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.3%
Mortgage Type
Unknown
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
Valadda Llc $780,000 Chicago Title
Campbell Shelby A -- None Available
Campbell Shelby Anne -- None Available
Campbell Shelby A $280,000 First American
Shin Pu Cha $360,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valadda Llc $852,280
Previous Owner Campbell Shelby A $210,000
Previous Owner Shin Pu Cha $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $780,000 -1.9% $289 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $795,000 -- $294 / 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 $7,368 $772,000 $288,200 $483,800
2024 $7,368 $857,895 $283,200 $574,695
2023 $5,357 $652,300 $262,600 $389,700
2022 $4,778 $521,900 $189,900 $332,000
2020 $3,704 $350,000 $168,800 $181,200
2019 $3,669 $329,000 $153,800 $175,200
2018 $3,748 $308,000 $129,700 $178,300
2017 $3,507 $287,000 $118,000 $169,000
2016 $4,266 $204,000 $112,400 $91,600
2015 $869 $195,000 $106,900 $88,100
2013 $508 $171,000 $106,900 $64,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2210724

Northwest Multiple Listing Service (NWMLS)

APN: 005632-412-001-00