Listed by Opal Blue Real Estate, LLC, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

203 Dorn Ave Everett, WA 98208

Cascade View Neighborhood
3 Beds
2 Baths
6,045 Sq Ft
0.39 Acres

Last Sold January 13, 2023

Last sale price $1,660,000 $275 Per Sq Ft

6 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • Partially Fenced Property
  • Territorial View
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of January 2023

The 8-unit 203 Dorn Complex consists of a well-kept 7 unit, 3 story apartment building, built in 1999 with a single family home in the front, all on a single tax parcel. Current cap rate of 5.8 with proforma cap rate of 7.2! Fantastic location off Evergreen Way near the Boeing Freeway, minutes from Boeing and Paine Field Airport. Quick access to I-5, Highway 99, Everett Mall, and other shops and retail. The complex features ample parking, double pane vinyl windows throughout, well groomed landscaping and several recently updated units. Well managed building with strong rents as well as room for adding value. Buy as turnkey and cashflow or buy and renovate remaining units for more cashflow.

Last Agent to Sell the Property

Grant Fosheim

Opal Blue Real Estate, LLC License #21007243 Listed on: 11/10/2022

Last Buyer's Agent

Brian Qin

Skyline Properties, Inc. License #137652

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2015571

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,526

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 170
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 6,045 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Parking

  • 14 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • South Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00392500001400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,526

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1999
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6045
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 14
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 14

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • PowerCompany: SnoPud
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 7342

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: 00392500001400
  • Lot Size Acres: 0.39
  • Lot Size: 100 x 170
  • Lot Size Sq Ft: 16988
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.5
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 11644

Multi Family

  • Gross Scheduled Income: 139728
  • Net Operating Income: 100774
  • Number Of Units Total: 8
  • Electric Expense: 561
  • Insurance Expense: 1930
  • Leasable Area: 5595
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2022
  • Tax Annual Amount: 11526

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $1,660,000 -5.1% $275 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $1,750,000 +155.5% $289 / Sq Ft
03/20/2015 03/20/15 Sold $685,000 -11.6% $113 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
03/21/2014 03/21/14 For Sale $775,000 -- $128 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Grant Fosheim

    Opal Blue Real Estate, LLC

    (425) 510-6162

    1 in this area

    9 Total Sales

    Grant Fosheim
    Section Image
  • Brian Qin

    Buyer's Agent in 2023

    Brian Qin

    Skyline Properties, Inc

    (425) 283-6337

    1 in this area

    35 Total Sales

    Brian Qin
    Section Image
  • Lori Bixler

    Buyer's Agent in 2015

    Lori Bixler

    John L Scott

    (206) 601-5183

    46 Total Sales

    Lori Bixler
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2015571

Northwest Multiple Listing Service (NWMLS)

APN: 00392500001400

Washington Snohomish County Everett 98208 Cascade View

203 Dorn Ave, Everett, WA

This home is located at 203 Dorn Ave, Everett, WA 98208 since 10 November 2022. This property was built in 1999. 203 Dorn Ave is a home located in Snohomish County with nearby schools including Emerson Elementary School, Evergreen Middle School, and Cascade High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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