Listed by RE/MAX Metro Realty, Inc., Bought with Opal Blue Real Estate, LLC
NOT LISTED FOR SALE

Estimated Value: $808,000 - $853,000

7 Beds
5 Baths
3,156 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $719,849 $228 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,980/month

91 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2024

DO NOT CONTACT TENANTS!!!! 5-plex not on market since 2005 on a charming tree lined street with historic Craftsman style homes in downtown Everett. Long time tenants in several units. Unique layout with main property having 3 units - one per floor, and 2 separate buildings on the back half of property. Plentiful street parking. Perfect opportunity to create a cost segregation potential for anyone looking to upgrade and increase rents. Front building needs paint. Buyer to do own due diligence. Priced well below other nearby 4-6 unit buildings.

Last Agent to Sell the Property

Rebecca Haas

RE/MAX Metro Realty, Inc. License #52730 Listed on: 11/17/2023

RE/MAX Metro Realty, Inc.

Last Buyer's Agent

Grant Fosheim

Opal Blue Real Estate, LLC License #21007243

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2181165

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,007

Year Built

  • Built in 1901

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,156 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Plat Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 12-13 / 478
  • Assessor Parcel Number 00439147801200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,007

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1901
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Plat
  • New Construction: No
  • CalculatedSquareFootage: 3156
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Hardwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 4560

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 600

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439147801200
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Gas Available
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 12-13

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.19
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 5370

Multi Family

  • Gross Scheduled Income: 64440
  • Net Operating Income: 38993
  • Number Of Units Total: 5
  • Electric Expense: 480
  • Insurance Expense: 4458
  • Leasable Area: 3156
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 6007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Apr 11, 2024
Sold by
Bkm Enterprises Llc
Bought by
Bravo Jose
Seller's Agent
Rebecca Haas
RE/MAX Metro Realty, Inc.
Buyer's Agent
Grant Fosheim
Opal Blue Real Estate, LLC
List Price
$850,000
Sold Price
$719,849
Premium/Discount to List
-$130,151
-15.31%
Views
84
Current Estimated Value
$830,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,651
Avg. Annual Appreciation
8.33%
Original Mortgage
$536,250
Outstanding Balance
$530,263
Interest Rate
6.94%
Mortgage Type
VA
Estimated Equity
$276,237

Purchase Details

Closed on
Mar 1, 2005
Sold by
Beutel Jeffrey A and Beutel Kristin J
Bought by
Bkm Enterprises Llc

Purchase Details

Closed on
Dec 30, 2004
Sold by
Wick Construction Co Inc
Bought by
Beutel Jeffrey A and Beutel Kristin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,950
Interest Rate
5.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2001
Sold by
Aldrich Brook
Bought by
Wick Construction Company Inc

Purchase Details

Closed on
Jan 24, 1997
Sold by
Aldrich Gerald N and Aldrich Ann G
Bought by
Aldrich Brook

Purchase Details

Closed on
Nov 9, 1978
Sold by
Pitts Gregg C and Pitts Maxine M
Bought by
Wills Jim D and Wills Monica S
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
Bravo Jose $719,849 Wfg National Title Company Of
Bkm Enterprises Llc -- --
Beutel Jeffrey A $359,950 Chicago Title
Wick Construction Company Inc $300,000 --
Aldrich Brook -- Pacific Northwest Title
Wills Jim D -- Pioneer National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bravo Jose $536,250
Previous Owner Beutel Jeffrey A $159,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $719,849 -9.9% $228 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
02/12/2024 02/12/24 Price Changed $799,000 -3.2% $253 / Sq Ft
01/15/2024 01/15/24 Price Changed $825,000 -2.9% $261 / Sq Ft
11/17/2023 11/17/23 For Sale $850,000 -- $269 / 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 $6,660 $783,500 $320,900 $462,600
2024 $6,660 $775,500 $315,100 $460,400
2023 $6,007 $731,500 $300,700 $430,800
2022 $5,677 $620,000 $218,500 $401,500
2020 $6,005 $535,000 $178,800 $356,200
2019 $5,688 $510,000 $173,100 $336,900
2018 $5,658 $465,000 $101,600 $363,400
2017 $4,948 $405,000 $92,400 $312,600
2016 $4,126 $355,000 $88,000 $267,000
2015 $3,887 $315,000 $84,000 $231,000
2013 $3,915 $280,000 $84,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2181165

Northwest Multiple Listing Service (NWMLS)

APN: 004391-478-012-00