Listed by Northmarq Multifamily, LLC, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE
7 Beds
6 Baths
3,117 Sq Ft
6,089 Sq Ft Lot

Last Sold June 23, 2014

Last sale price $320,000 $103 Per Sq Ft

33 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Whittier Elementary School Rated A
  • Wood Siding

About This Home

As of June 2014

Well maintained 5-plex in downtown Everett. Building offers a new roof, new exterior paint, new back stair case and updated landscaping. Several of the units are at below market rents and offer an investor the opportunity to push rents post closing. The building is walking distance to downtown shops, bus lines and has coin op laundry on site. In addition, there is an unused garage that could be rented for additional income.

Last Agent to Sell the Property

Steve Fischer

Northmarq Multifamily, LLC License #87455 Listed on: 04/23/2014

Last Buyer's Agent

Lori Bixler

John L. Scott, Inc. License #104603

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 624185

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,570

Year Built

  • Built in 1905

Lot Details

  • 6,089 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,117 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439148101702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,570

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1905
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3117
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Coin Op Laundry

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439148101702
  • Lot Size Acres: 0.1398
  • Lot Size Sq Ft: 6089
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 3640

Tax Info

  • Year: 2014
  • Tax Annual Amount: 3570

Multi Family

  • Number Of Units Total: 5
  • UnitsBelowGrade: false

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2014 06/23/14 Sold $320,000 -5.9% $103 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $339,950 -- $109 / 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 $5,797 $695,500 $297,000 $398,500
2024 $5,797 $675,000 $292,000 $383,000
2023 $5,231 $637,000 $287,000 $350,000
2022 $4,944 $540,000 $210,000 $330,000
2020 $5,444 $485,000 $174,000 $311,000
2019 $5,131 $460,000 $169,000 $291,000
2018 $5,050 $415,000 $169,800 $245,200
2017 $4,398 $360,000 $154,400 $205,600
2016 $3,661 $315,000 $147,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 624185

Northwest Multiple Listing Service (NWMLS)

APN: 00439148101702