Listed by Specialty Real Estate Group, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

2120 Madison St Everett, WA 98203

Pinehurst Neighborhood

Estimated Value: $711,000 - $760,000

6 Beds
3 Baths
2,572 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $730,000 $284 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,466/month

12 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Patio
  • Engineered Wood Flooring
  • No HOA
  • Baseboard Heating

About This Home

As of May 2024

Investor alert 6.6% CAP! 3 homes for the price of 1 in Central Everett's Pinehurst-Beverly Park. Duplex with 1st floor (1010 sf) and 2nd floor (824 sf) and a detached cottage (660 sf). 2 bed 1 bath each. B1 zoning with potential for future redevelopment. Low maintenance property with recent updates including hard surface flooring and refinished cabinets. Stately corner lot with lawn and amenity space for all residents. Spacious driveway with ample off-street parking. Easy access to freeways, shopping, recreation, Boeing and DT Everett. Full due diligence package including home inspection, sewer scope, financial history, leases, Matterport tours of all units available.

Last Agent to Sell the Property

Adrian Chu

Specialty Real Estate Group License #26434 Listed on: 04/04/2024

Last Buyer's Agent

Teresa Tallarita

Skyline Properties, Inc. License #133460

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2218824

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,374

Year Built

  • Built in 1922

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Triplex
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,572 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00545001800100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,374

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1922
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2572
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block, Post & Pillar
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

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: 00545001800100
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 11.65
  • LeasedItems: None
  • TotalMonthlyIncome: 5365

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7374

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
May 9, 2024
Sold by
Nguyen Quang and Lee Jennifer
Bought by
Hensbellrita Family Trust and Hensrude
Seller's Agent
Adrian Chu
Specialty Real Estate Group
Buyer's Agent
Teresa Tallarita
Skyline Properties, Inc.
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Views
22
Current Estimated Value
$735,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,061
Avg. Annual Appreciation
0.43%
Original Mortgage
$547,500
Outstanding Balance
$539,735
Interest Rate
6.82%
Mortgage Type
Construction
Estimated Equity
$195,326

Purchase Details

Listed on
May 23, 2018
Closed on
Jun 21, 2018
Sold by
Hun Hoeurt and Hun Sopheak
Bought by
Nguyen Quang and Lee Jennifer
Seller's Agent
Greg Love
Windermere Real Estate/M2, LLC
Buyer's Agent
Jason Lee
Gold Token Property Management
List Price
$599,950
Sold Price
$575,000
Premium/Discount to List
-$24,950
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$431,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2005
Sold by
Gilbertson Gayle L
Bought by
Hun Hoeurt and Hun Sopheak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,500
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hensbellrita Family Trust $730,000 First American Title
Nguyen Quang $575,000 First American Title
Hun Hoeurt $327,500 Stewart Title Of Snohomish C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensbellrita Family Trust $547,500
Previous Owner Nguyen Quang $431,250
Previous Owner Hun Hoeurt $261,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2024 05/16/24 Sold $730,000 -2.7% $284 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $750,000 +30.4% $292 / Sq Ft
06/27/2018 06/27/18 Sold $575,000 -4.2% $231 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $599,950 -- $241 / 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 $7,374 $730,000 $372,000 $358,000
2024 $7,374 $857,500 $354,000 $503,500
2023 $6,653 $809,000 $334,000 $475,000
2022 $6,994 $763,000 $261,000 $502,000
2020 $6,126 $545,000 $238,000 $307,000
2019 $4,041 $361,700 $206,000 $155,700
2018 $3,417 $280,300 $131,400 $148,900
2017 $3,179 $259,800 $131,400 $128,400
2016 $2,856 $245,300 $131,400 $113,900
2015 $3,216 $260,200 $128,700 $131,500
2013 $3,443 $245,900 $117,000 $128,900
Source: Public Records

Agents Affiliated with this Home

  • Adrian Chu

    Seller's Agent in 2024

    Adrian Chu

    Specialty Real Estate Group

    (206) 407-5452

    5 in this area

    314 Total Sales

    Adrian Chu
    Section Image

  • T

    Buyer's Agent in 2024

    Teresa Tallarita

    Skyline Properties, Inc

    (206) 293-9434

    1 in this area

    5 Total Sales

    Teresa Tallarita
    Section Image
  • Greg Love

    Seller's Agent in 2018

    Greg Love

    Windermere Corporate

    (360) 202-3380

    47 Total Sales

    Greg Love
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Lee

    Gold Token Property Management

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2218824

Northwest Multiple Listing Service (NWMLS)

APN: 005450-018-001-00

Washington Snohomish County Everett 98203 Pinehurst

2120 Madison St, Everett, WA

Not Listed for Sale

MultiFamily

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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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