NOT LISTED FOR SALE

2032 Chestnut St Unit A&B Everett, WA 98201

Riverside Neighborhood

Estimated Value: $757,306 - $844,000

6 Beds
2 Baths
2,252 Sq Ft
$359/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $600,000 $266 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,739/month

11 Days on Market

Highlights

  • Mountain View
  • Patio
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of August 2020

Built 1990,Large Townhome 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: 07/09/2020

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Kekoa Lwin

eXp Realty License #23028853

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1627007

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,636

Year Built

  • Built in 1990

Lot Details

  • 7,840 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Garfield Elementary School
  • North Mid Middle School
  • Everett High School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00563241203000

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
  • Cumulative Days on Market: 288

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Alley, Corner Lot, Paved, Sidewalk
  • View: Yes
  • 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: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • 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: 00563241203000
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • 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: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Multi Family

  • Gross Scheduled Income: 43200
  • Net Operating Income: 28085
  • Number Of Units Total: 2
  • Insurance Expense: 2100
  • Leasable Area: 2252
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4636

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 16, 2020
Sold by
Chen Connie
Bought by
Chestnut St Properties Llc
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$511,750
Sold Price
$600,000
Premium/Discount to List
$88,250
17.24%
Total Days on Market
11
Current Estimated Value
$808,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,327
Avg. Annual Appreciation
6.19%
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 28, 2020
Sold by
Cheung Kevin
Bought by
Chen Connie
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$511,750
Sold Price
$600,000
Premium/Discount to List
$88,250
17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 12, 2020
Sold by
Housing Authority Of The City Of Everett
Bought by
Chen Connie
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$511,750
Sold Price
$600,000
Premium/Discount to List
$88,250
17.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Chestnut St Properties Llc -- None Available
Chen Connie -- Chicago Title
Chen Connie -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Connie $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $600,000 +17.2% $266 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $511,750 -- $227 / 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 $5,389 $658,900 $336,000 $322,900
2024 $5,389 $627,500 $295,500 $332,000
2023 $5,279 $642,800 $284,400 $358,400
2022 $4,837 $528,300 $224,100 $304,200
2020 $0 $441,500 $177,300 $264,200
2019 $0 $372,800 $146,700 $226,100
2018 $0 $322,500 $131,400 $191,100
2017 -- $318,700 $118,800 $199,900
2016 -- $292,300 $100,800 $191,500
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: 1627007

Northwest Multiple Listing Service (NWMLS)

APN: 005632-412-030-00