NOT LISTED FOR SALE

Estimated Value: $648,262 - $707,000

3 Beds
2 Baths
1,975 Sq Ft
$346/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $600,000 $304 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,278/month

16 Days on Market

Highlights

  • Ocean View
  • Wood Siding
  • 4-minute walk to Bayside Park
  • Whittier Elementary School Rated A

About This Home

As of June 2021

great for a first-time investor or experienced owner looking to add to their local portfolio: Located on Rucker Ave, this split-level duplex offers spacious floor plans and large unit sizes in the heart of Everett. Top floor unit has peek-a-boo views of the Puget Sound and a loft-style bedroom with spiral staircase. Lower unit offers large apartment layout on the ground level with plenty of room to raise rents upwards of 23% without further renovations as proven by top floor rental rate. Upgraded interiors with bamboo hardwood floors - opportunity to implement RUBS and charge for parking in back. W/D in units. Tenants currently paying electricity.

Last Agent to Sell the Property

Levi Sterley

Capstone Commercial License #141098 Listed on: 05/10/2021

Last Buyer's Agent

Ashley Bolden

KW Everett License #128461

KW Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1771554

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,238

Year Built

  • Built in 1902

Lot Details

  • 3,049 Sq Ft Lot
  • Property is in good condition

Property Views

  • Ocean
  • Bay

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,975 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • Open Parking

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439148101200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,238

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1902
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1975
  • SOCComments: 3% List 3% Buy Side Commissions
  • Special Features: None
  • Cumulative Days on Market: 294

Interior Features

  • Possible Use: Multi-Family, Office, Residential
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Bay, Ocean
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 1860

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Annual Fuel Expense: 155

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439148101200
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: SCA
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Office,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3080

Multi Family

  • Gross Scheduled Income: 36960
  • Net Operating Income: 27414
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 1975
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 15, 2021
Sold by
Bahnmiller Kevin and Bahnmiller Jealynn
Bought by
Berman Michael L and Berman Steven M
Seller's Agent
Levi Sterley
Capstone Commercial
Buyer's Agent
Ashley Bolden
KW Everett
List Price
$598,000
Sold Price
$600,000
Premium/Discount to List
$2,000
0.33%
Total Days on Market
16
Current Estimated Value
$684,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,066
Avg. Annual Appreciation
3.35%
Original Mortgage
$420,000
Outstanding Balance
$384,374
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$299,692

Purchase Details

Closed on
Sep 9, 2004
Sold by
Zantello Laura J
Bought by
Bahnmiller Kevin and Bahnmiller Jealynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,290
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Ballard Christopher D
Bought by
Zantello Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
5.99%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2000
Sold by
Westermayer Ralf
Bought by
Ballard Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.65%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Smith Ronald G and Smith Sue Ann
Bought by
Westermayer Ralf
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
Berman Michael L $600,000 Stewart Title
Bahnmiller Kevin $244,800 Chicago Title
Zantello Laura J $185,000 --
Ballard Christopher D $190,000 Pacific Northwest Title
Westermayer Ralf $130,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Michael L $420,000
Previous Owner Bahnmiller Kevin $281,500
Previous Owner Bahnmiller Kevin $100,000
Previous Owner Bahnmiller Kevin $288,000
Previous Owner Bahnmiller Kevin $54,000
Previous Owner Bahnmiller Kevin $195,290
Previous Owner Zantello Laura J $182,141
Previous Owner Ballard Christopher D $161,500
Closed Ballard Christopher D $19,000
Closed Bahnmiller Kevin $48,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $600,000 +0.3% $304 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $598,000 +56.3% $303 / Sq Ft
03/25/2016 03/25/16 Sold $382,540 +0.7% $208 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
10/12/2015 10/12/15 For Sale $379,950 -- $207 / 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 $5,432 $639,000 $290,400 $348,600
2024 $5,432 $632,500 $284,900 $347,600
2023 $4,898 $596,500 $259,600 $336,900
2022 $3,159 $345,000 $185,000 $160,000
2020 $3,368 $300,000 $152,000 $148,000
2019 $3,056 $274,000 $147,000 $127,000
2018 $3,115 $256,000 $124,200 $131,800
2017 $2,908 $238,000 $112,900 $125,100
2016 $2,557 $220,000 $107,500 $112,500
2015 $2,406 $195,000 $102,500 $92,500
2013 $2,475 $177,000 $102,500 $74,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1771554

Northwest Multiple Listing Service (NWMLS)

APN: 004391-481-012-00