Listed by COMPASS, Bought with RSVP Brokers ERA
NOT LISTED FOR SALE

2307 Lombard Ave Everett, WA 98201

Bayside Neighborhood

Estimated Value: $462,000 - $532,000

3 Beds
2 Baths
1,439 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 04, 2018

Last sale price $360,000 $250 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,911/month

69 Days on Market

Highlights

  • Deck
  • 1-Story Property
  • 5-minute walk to Clark Park
  • Property is Fully Fenced

About This Home

As of October 2018

7.00% Cap Rate!! Located in the heart of Everett, this Duplex consists of the main house which was built in 1901/renovated in 2018 and includes one 2bed/1ba unit and a separate 1bed/1ba back house unit. Renovations include new Hardie siding, windows, paint, quartz countertops and appliances. 2bed/1ba currently rented at $1500 and back house just rented for $1,150. On site is a storage shed for owner or tenant use. See offering memorandum in supplements for more info.

Last Agent to Sell the Property

Erich Bubbel

COMPASS License #117941 Listed on: 05/21/2018

COMPASS

Last Buyer's Agent

Randy Randolph

RSVP Brokers ERA License #101724

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1295868

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,667

Year Built

  • Built in 1901 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Outdoor Features

  • Deck
  • Outbuilding

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 494
  • Assessor Parcel Number 00439149400400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,667

Year Built

Built in 1901 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1439
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Laminate Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Public
  • SewerCompany: Public
  • WaterCompany: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439149400400
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Outbuildings
  • MLSLotSizeSource: Public Records
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2650

Tax Info

  • Year: 2018
  • Tax Annual Amount: 2667

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2018
Closed on
Oct 2, 2018
Sold by
Hoke Duncan E
Bought by
Yu Huey C
Seller's Agent
Erich Bubbel
COMPASS
Buyer's Agent
Randy Randolph
RSVP Brokers ERA
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$496,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,246
Avg. Annual Appreciation
4.57%
Original Mortgage
$288,000
Outstanding Balance
$251,153
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$245,093

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 14, 2018
Sold by
Mcauley Debra L
Bought by
Hoke Duncan E
Seller's Agent
Erich Bubbel
COMPASS
Buyer's Agent
Randy Randolph
RSVP Brokers ERA
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$251,153
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$245,093

Purchase Details

Closed on
Feb 20, 2018
Sold by
Hoke Duncan
Bought by
Mcauley Debra

Purchase Details

Closed on
Feb 6, 2015
Sold by
Hoke Duncan and Mcauley Debra
Bought by
1708 Llc

Purchase Details

Closed on
Dec 23, 2013
Sold by
1708 Llc
Bought by
Hoke Duncan and Mcauley Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Hoke Duncan
Bought by
1708 Llc

Purchase Details

Closed on
Apr 25, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hoke Duncan

Purchase Details

Closed on
Sep 27, 2011
Sold by
Pelky Kevin A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 13, 1997
Sold by
Johnson Charles E and Johnson Doris D
Bought by
Mina Robert A and Mina Melissa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,771
Interest Rate
7.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Huey C $360,000 First American Title
Hoke Duncan E -- None Available
Mcauley Debra -- None Available
Hoke Duacan -- None Available
1708 Llc -- None Available
Hoke Duncan -- First American Title Ins Co
1708 Llc -- Accommodation
Mcauley Debra -- Accommodation
Hoke Duncan -- Nextitle
Federal Home Loan Mortgage Corporation $114,578 Northwest Titl
Mina Robert A $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Huey C $288,000
Previous Owner Hoke Duncan $134,250
Previous Owner Mina Robert A $107,771
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2018 10/04/18 Sold $360,000 0.0% $250 / Sq Ft
07/29/2018 07/29/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $360,000 0.0% $250 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $360,000 0.0% $250 / Sq Ft
07/11/2018 07/11/18 For Sale $360,000 0.0% $250 / Sq Ft
06/20/2018 06/20/18 Off Market $360,000 -- --
06/06/2018 06/06/18 Price Changed $375,000 -3.7% $261 / Sq Ft
05/21/2018 05/21/18 For Sale $389,500 -- $271 / 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 $3,701 $445,500 $307,200 $138,300
2024 $3,701 $430,900 $292,600 $138,300
2023 $3,955 $481,600 $299,700 $181,900
2022 $3,291 $359,400 $205,200 $154,200
2020 $3,186 $283,800 $149,400 $134,400
2019 $2,714 $243,300 $144,900 $98,400
2018 $2,667 $219,200 $131,400 $87,800
2017 $1,867 $152,800 $114,000 $38,800
2016 $1,619 $139,300 $102,000 $37,300
2015 $1,612 $130,600 $90,000 $40,600
2013 $1,637 $117,100 $76,000 $41,100
Source: Public Records

Agents Affiliated with this Home

  • Erich Bubbel

    Seller's Agent in 2018

    Erich Bubbel

    Avenue Properties

    (206) 399-3285

    25 Total Sales

    Erich Bubbel
    Section Image

  • R

    Buyer's Agent in 2018

    Randy Randolph

    Steven M Kloetsch

    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1295868

Northwest Multiple Listing Service (NWMLS)

APN: 004391-494-004-00

Washington Snohomish County Everett 98201 Bayside

2307 Lombard Ave, Everett, WA

Not Listed for Sale

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Based on information submitted to the MLS GRID

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