NOT LISTED FOR SALE

Estimated Value: $1,655,000 - $1,812,000

10 Beds
9 Baths
6,136 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $1,550,000 $253 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $10,461/month

113 Days on Market

Highlights

  • Mountain View
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Deck
  • Central Air
  • Partially Fenced Property

About This Home

As of July 2021

Craftsman style 2018 built triplex with modern finishes. Enjoy this low maintenance turnkey property w/ high-end builder choices including tile floors, granite counters, air conditioning & much more. The total finished sqft is ~ 6,136, plus 1,427 sqft of unfinished garage space. Two units are 3beds/3baths & one unit is 4beds/3baths. Each unit boasts main-bed with 5-piece bath, laundry room, & a 2-car garage w/ 2 off St. parking spots. The yard is low maintenance & partially fenced. Quick access to amenities. Current rent of 3bed units are $2,300-$2,500 monthly, w/ substantial room to increase, proforma rent for 4bed. is $3,200 monthly. This is a hard-to-find new construction investment property in the fast-growing Snohomish County market.

Last Agent to Sell the Property

Calm Israel

Windermere Real Estate/M2, LLC License #133789 Listed on: 01/25/2021

Windermere Real Estate/M2, LLC

Co-Listed By

Casey Price

Windermere Real Estate/M2, LLC License #96386

Last Buyer's Agent

Angelica Almaras Manrique

Skyline Properties, Inc. License #77921

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1721109

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,871

Year Built

  • Built in 2018

Lot Details

  • 0.28 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Triplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 6,136 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Parking

  • 14 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heat Pump System

Community Details

  • Paine Field #3 Condos
  • Everett Subdivision

Listing and Financial Details

  • Tax Lot ptn lot 4 and 5
  • Assessor Parcel Number 00538000000408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,871

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2018
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Paine Field #3
  • New Construction: No
  • CalculatedSquareFootage: 6136
  • Special Features: None
  • Cumulative Days on Market: 325

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: High Efficiency - 90%+, Central A/C, Ductless HP-Mini Split, Forced Air, Heat Pump, Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: Mukilteo water
  • WaterCompany: Mukilteo Water
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00538000000408
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: ptn lot 4 and 5

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 8000

Multi Family

  • Gross Scheduled Income: 96000
  • Net Operating Income: 81097
  • Number Of Units Total: 3
  • Insurance Expense: 1232
  • Leasable Area: 6136
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8871

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2021
Closed on
Jul 9, 2021
Sold by
Lorente Sorolla Pazl Lopez
Bought by
Mendoza Tomas Uriostegui
Seller's Agent
Calm Israel
Windermere Real Estate/M2, LLC
Buyer's Agent
Angelica Almaras Manrique
Skyline Properties, Inc.
List Price
$1,599,900
Sold Price
$1,550,000
Premium/Discount to List
-$49,900
-3.12%
Total Days on Market
113
Current Estimated Value
$1,756,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,369
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,162,500
Outstanding Balance
$917,381
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$838,988

Purchase Details

Closed on
Dec 19, 2017
Sold by
Long Allyn G and Long Dima
Bought by
Long Brittney M and Long Allyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Long Allyn G and Long Asllyn D
Bought by
Long Allyn G and Long Dima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2017
Sold by
Long Allyn G and Long Dina
Bought by
Long Allyn G and Long Dima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 1995
Sold by
Long Elizabeth D
Bought by
Long Allyn D
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
Mendoza Tomas Uriostegui -- Wfg Natl Ttl Co Of Wa Llc
Mendoza Tomas Uriostegui $1,550,000 Wfg Natl Ttl Co Of Wa Llc
Long Brittney M $26,468 First American Title
Long Allyn G -- First Amer Title Ins Co
Long Allyn G $26,467 First American Title Ins Co
Long Allyn G -- First American Title Ins Co
Long Allyn D -- Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Tomas Uriostegui $1,162,500
Previous Owner Long Brittney M $650,000
Previous Owner Long Allyn G $650,000
Previous Owner Long Allyn G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $1,550,000 -3.1% $253 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $1,599,900 0.0% $261 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,599,900 0.0% $261 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $1,599,900 -- $261 / 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 $13,675 $1,655,100 $380,000 $1,275,100
2024 $13,675 $1,612,100 $337,000 $1,275,100
2023 $13,804 $1,701,800 $360,000 $1,341,800
2022 $11,946 $1,241,700 $276,000 $965,700
2020 $2,520 $249,800 $202,700 $47,100
2019 $2,098 $206,800 $159,100 $47,700
2018 $2,362 $204,600 $162,000 $42,600
2017 $2,256 $200,000 $135,900 $64,100
2016 $2,047 $179,400 $117,800 $61,600
2015 $1,973 $158,000 $100,700 $57,300
2013 $1,734 $129,300 $77,900 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1721109

Northwest Multiple Listing Service (NWMLS)

APN: 005380-000-004-08