Listed by Windermere RE Greenwood, Bought with Ridge Realty
NOT LISTED FOR SALE

Estimated Value: $646,000 - $672,004

3 Beds
3 Baths
1,660 Sq Ft
$395/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $625,000 $377 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,889/month

5 Days on Market

Highlights

  • City View
  • Partially Fenced Property
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding

About This Home

As of September 2023

Great investment opportunity with this multi-family home in Everett's historic Riverside neighborhood. Whether you're looking to occupy and rent the other units or build to your portfolio, this property offers a promising start. Each unit extends a warm welcome with comfortable and clean furnishings, tall ceilings, large windows and tons of natural light. The ready-to-use units, equipped with the essentials, make settling in or managing rentals hassle-free. Updates throughout! Separate utility room with full size washer and dryer. New electrical system plus more! Separate gas and electric meters for each unit. The home's central location grants easy access to shops, restaurants, and entertainment, plus the picturesque Everett waterfront.

Last Agent to Sell the Property

Michelle Markwood

Windermere RE Greenwood License #47019 Listed on: 09/08/2023

Windermere RE Greenwood

Co-Listed By

David Sligar

Windermere RE Greenwood License #21286

Last Buyer's Agent

Aaron Spring

Ridge Realty License #101953

Ridge Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2160278

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • City
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,660 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking

Schools

  • Garfield Elementary School
  • North Mid Middle School
  • Everett High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437860501600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1905
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1660
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • CableConnected: Comcast
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 2016

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 768

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00437860501600
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.62
  • LeasedItems: None
  • TotalMonthlyIncome: 4300

Multi Family

  • Gross Scheduled Income: 51600
  • Net Operating Income: 41284
  • Number Of Units Total: 3
  • Electric Expense: 660
  • Insurance Expense: 1491
  • Leasable Area: 1660
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3461

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Sep 26, 2023
Sold by
Donovan Richard Patrick and Donovan Michelle
Bought by
Huang Wenjun and Ji Xueqing
Seller's Agent
Michelle Markwood
Windermere RE Greenwood
Buyer's Agent
Aaron Spring
Ridge Realty
List Price
$599,950
Sold Price
$625,000
Premium/Discount to List
$25,050
4.18%
Current Estimated Value
$656,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,001
Avg. Annual Appreciation
0.01%
Original Mortgage
$468,750
Outstanding Balance
$461,604
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$163,491

Purchase Details

Closed on
Sep 26, 2019
Sold by
Richards Eva R
Bought by
Markwood Michelle and Donovan Richard Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 1995
Sold by
Antonelli Eva R
Bought by
Richards Eva R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.97%
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
Huang Wenjun $625,000 First American Title
Markwood Michelle $318,000 Cw Title
Richards Eva R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Wenjun $468,750
Previous Owner Markwood Michelle $292,000
Previous Owner Markwood Michelle $238,500
Previous Owner Richards Eva R $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $625,000 +4.2% $377 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $599,950 -- $361 / 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 $4,732 $617,000 $257,600 $359,400
2024 $4,732 $550,980 $252,900 $298,080
2023 $3,461 $421,500 $231,900 $189,600
2022 $3,269 $357,000 $174,700 $182,300
2020 $3,356 $299,000 $146,900 $152,100
2019 $3,145 $282,000 $142,100 $139,900
2018 $3,030 $249,000 $110,100 $138,900
2017 $2,639 $216,000 $100,100 $115,900
2016 $2,220 $191,000 $92,400 $98,600
2015 $2,258 $183,000 $87,600 $95,400
2013 $2,321 $166,000 $87,600 $78,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2160278

Northwest Multiple Listing Service (NWMLS)

APN: 004378-605-016-00