NOT LISTED FOR SALE

2111 Colby Ave Everett, WA 98201

Bayside Neighborhood

Estimated Value: $1,129,000 - $1,318,187

-- Bed
4 Baths
3,718 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $853,000 $229 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,498/month

2 Days on Market

Highlights

  • Thermal Windows
  • High Speed Internet
  • Wood Siding
  • Cul-De-Sac
  • Property is in very good condition

About This Home

As of June 2020

Fantastic opportunity to own a fourplex in the thriving and growing area of Everett, near the new downtown waterfront. The unit mix consists of 4 2 bed 1 Bath 930 sqft units. Fully occupied with long-term tenants. Plenty of upside, rents haven't been increased in over 3 years. Coin-op Laundry for added income. Seller Financing Available. Don't miss this opportunity, call today!

Close to schools, shopping, park-in-ride, I-5 and Boeing.

Last Agent to Sell the Property

Corey Crain

Keller Williams Realty Bothell License #26492 Listed on: 05/16/2020

Keller Williams Realty Bothell

Last Buyer's Agent

KC Laughlin

Keller Williams Realty Bothell License #21333

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1602430

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,061

Year Built

  • Built in 1963

Lot Details

  • 5,663 Sq Ft Lot
  • Cul-De-Sac
  • Property is in very good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 3,718 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439143500600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,061

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1963
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3718
  • Special Features: None
  • Cumulative Days on Market: 280

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,See Remarks,Thermal Windows

Exterior Features

  • Roof: Flat
  • Lot Features: Alley, Cul-De-Sac, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 4726

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439143500600
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4950

Multi Family

  • Gross Scheduled Income: 59400
  • Net Operating Income: 44153
  • Number Of Units Total: 4
  • Insurance Expense: 1872
  • Leasable Area: 3718
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6061

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2020
Closed on
Jun 19, 2020
Sold by
Sun Properties No 5 Llc
Bought by
Lohrman Peter A and Lohrman Jessica B
Seller's Agent
Corey Crain
Keller Williams Realty Bothell
Buyer's Agent
KC Laughlin
Keller Williams Realty Bothell
List Price
$850,000
Sold Price
$853,000
Premium/Discount to List
$3,000
0.35%
Total Days on Market
2
Current Estimated Value
$1,219,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,797
Avg. Annual Appreciation
7.02%

Purchase Details

Closed on
Dec 6, 2007
Sold by
Wilson Robert C and Wilson Donna L
Bought by
Sun Properties #5 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.26%
Mortgage Type
Seller Take Back
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
Lohrman Peter A $853,000 Chicago Title
Sun Properties #5 Llc $790,000 Pacific Northwest Title Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Properties #5 Llc $550,000
Closed Lohrman Peter A $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $853,000 +0.4% $229 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $850,000 -- $229 / 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 $8,129 $956,000 $291,000 $665,000
2024 $8,129 $946,500 $286,000 $660,500
2023 $7,333 $893,000 $278,500 $614,500
2022 $6,592 $720,000 $205,000 $515,000
2020 $6,174 $550,000 $169,500 $380,500
2019 $5,911 $530,000 $164,500 $365,500
2018 $6,230 $512,000 $135,300 $376,700
2017 $5,327 $436,000 $123,000 $313,000
2016 $4,394 $378,000 $117,000 $261,000
2015 $4,442 $360,000 $111,500 $248,500
2013 $4,474 $320,000 $111,500 $208,500
Source: Public Records

Agents Affiliated with this Home

  • Corey Crain

    Seller's Agent in 2020

    Corey Crain

    Keller Williams Realty Bothell

    (425) 387-0853

    3 in this area

    39 Total Sales

    Corey Crain
    Section Image

  • K

    Buyer's Agent in 2020

    KC Laughlin

    Keller Williams Realty Bothell

    (425) 478-3500

    2 in this area

    25 Total Sales

    KC Laughlin
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1602430

Northwest Multiple Listing Service (NWMLS)

APN: 004391-435-006-00

Washington Snohomish County Everett 98201 Bayside

2111 Colby Ave, Everett, WA

This home is located at 2111 Colby Ave, Everett, WA 98201 since 16 May 2020 and is currently estimated at $1,219,797, approximately $328 per square foot. This property was built in 1963. 2111 Colby Ave is a home located in Snohomish County with nearby schools including Hawthorne Elementary School, North Middle School, and Everett 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) 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. ©2025 NWMLS.

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