Listed by John L. Scott Lake Stevens, Bought with Opal Blue Real Estate, LLC
$910,000
SOLD JUN 23, 2025
-- Bed
-- Bath
2,417 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$376 Per Sq Ft

5% Below List Price

Highlights

  • Territorial View
  • Thermal Windows
  • Property is near a preserve or public land
  • No HOA
  • Ceramic Tile Flooring
  • High Speed Internet

About This Home

As of June 2025

Incredible Multifamily Investment Opportunity – Prime Location with Premium Finishes & 0% Vacancy. This exceptional multifamily property presents a rare opportunity for investors and first time home buyers seeking a high-quality asset with significant rental income and value add potential. Set in one of Everett most prudent locations, pre-inspected with a perfect blend of top-of-the-line finishes, modern amenities and potential upside, this property promises an excellent cash flowing return on investment and long-term value appreciation.

Last Agent to Sell the Property

Jake Robinett

John L. Scott Lake Stevens License #128031 Listed on: 03/18/2025

John L. Scott Lake Stevens

Co-Listed By

CHAMP BARNEY

John L. Scott Lake Stevens License #21019099

Last Buyer's Agent

Grant Fosheim

Opal Blue Real Estate, LLC License #21007243

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2345513

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,279

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,417 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Concrete
  • Ceramic Tile
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Garfield Elementary School
  • Everett High School

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Altamont Addition Condos
  • Everett Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Legal Lot and Block 23 / 462
  • Assessor Parcel Number 00377346202300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,279

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Altamont Addition
  • New Construction: No
  • CalculatedSquareFootage: 2417
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you for showing!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Vinyl Plank
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Adjacent to Public Land, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00377346202300
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 23

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.7
  • LeasedItems: None
  • TotalMonthlyIncome: 7085

Tax Info

  • Year: 2025
  • Tax Annual Amount: 5278.98

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 300
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jun 23, 2025
Sold by
Barney Jared L
Bought by
Bravo Jose
Seller's Agent
Jake Robinett
John L. Scott Lake Stevens
Buyer's Agent
Grant Fosheim
Opal Blue Real Estate, LLC
List Price
$960,000
Sold Price
$910,000
Premium/Discount to List
-$50,000
-5.21%
Views
22
Current Estimated Value
$877,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,201
Avg. Annual Appreciation
-6.57%
Original Mortgage
$682,500
Outstanding Balance
$680,731
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$197,068

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 19, 2020
Sold by
Estate Of John Bowen Bannecker
Bought by
Barney Jared L
Seller's Agent
Dean Rebhuhn
Village Homes & Properties,Inc
Buyer's Agent
Chris Bacoka
Williams Real Estate Brokers
List Price
$425,000
Sold Price
$395,000
Premium/Discount to List
-$30,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.40%
Original Mortgage
$387,845
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 2004
Sold by
Reed Anjenette L and Scanzon Chris
Bought by
Bannecker John Bowen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,840
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2002
Sold by
Reed Anjenette I
Bought by
Scanzon Chris and Scanzon Ellen

Purchase Details

Closed on
Jun 16, 1998
Sold by
Bates Charles J and Bates Brenda M
Bought by
Reed Russell E and Reed Anjenette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
7.17%
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 Type Sale Price Title Company
Warranty Deed $910,000 Chicago Title
Administrators Deed $395,000 Cw Title
Warranty Deed $304,800 Multiple
Warranty Deed $156,000 --
Warranty Deed $142,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,500 New Conventional
Previous Owner $387,845 FHA
Previous Owner $243,840 Unknown
Previous Owner $134,000 No Value Available
Closed $60,960 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2025 06/23/25 Sold $910,000 -5.2% $376 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $959,995 0.0% $397 / Sq Ft
03/18/2025 03/18/25 For Sale $960,000 +143.0% $397 / Sq Ft
07/15/2020 07/15/20 Sold $395,000 0.0% $163 / Sq Ft View Prior Sale
05/13/2020 05/13/20 Pending -- -- --
05/01/2020 05/01/20 Price Changed $395,000 -7.1% $163 / Sq Ft
04/30/2020 04/30/20 For Sale $425,000 0.0% $176 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $425,000 -- $176 / 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 $5,163 $607,000 $253,900 $353,100
2024 $5,163 $601,160 $249,200 $351,960
2023 $4,323 $526,500 $223,000 $303,500
2022 $4,083 $446,000 $165,500 $280,500
2020 $4,288 $382,000 $137,600 $244,400
2019 $3,881 $348,000 $132,800 $215,200
2018 $3,699 $304,000 $108,800 $195,200
2017 $3,323 $272,000 $99,100 $172,900
2016 $2,778 $239,000 $93,300 $145,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2345513

Northwest Multiple Listing Service (NWMLS)

APN: 003773-462-023-00