Listed by KW Greater Seattle, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,211,000

10 Beds
4 Baths
4,220 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $940,000 $223 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,786/month

8 Days on Market

Highlights

  • Bay View
  • Deck
  • Patio
  • Whittier Elementary School Rated A
  • Thermal Windows
  • Ceramic Tile Flooring

About This Home

As of April 2021

Investors- Cash Flow Now! Classic Victorian 4-plex in historic Everett! Top unit deck has sweepingviews of the bay, Olympics and city. Cap rate 6.46%New interior paint, newer appliances (several are less than 2 yrs old) , full-size in-unit laundry. NEW- (redone exterior deck railings (2013), treads, decking & non-skid surface), carpet, and cabinets. Tenants are unaware of sale, please DO NOT Disturb! Pro forma =Unit 1 $2200 (furnished), Unit 2 $1800, Unit 3 $1200, Unit 4 $1600. Unit 2 is currently owner occupied. Willing to consider short term seller leaseback.

Last Agent to Sell the Property

Dennis Pearce

KW Greater Seattle License #83246 Listed on: 03/04/2021

KW Greater Seattle

Last Buyer's Agent

Clinton Kinzel

Windermere R.E. Shoreline License #73161

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1734736

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,017

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in good condition

Property Views

  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,220 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Patio

Schools

  • Everett High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Everett Plat Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 & 22 / 488
  • Assessor Parcel Number 004391-488-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,017

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Plat
  • New Construction: No
  • CalculatedSquareFootage: 4220
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, City, Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Sno co PUD
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett
  • High School: Everett High

Lot Info

  • Parcel Number: 004391-488-021
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Sno Co Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 21 & 22

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 126
  • LeasedItems: None
  • TotalMonthlyIncome: 5950

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6017

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: true

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 11, 2021
Sold by
Eaton Stacey J and Eaton Brent A
Bought by
Hullin Mark Curtis
Seller's Agent
Dennis Pearce
KW Greater Seattle
Buyer's Agent
Clinton Kinzel
Windermere R.E. Shoreline
List Price
$900,000
Sold Price
$940,000
Premium/Discount to List
$40,000
4.44%
Current Estimated Value
$1,170,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,415
Avg. Annual Appreciation
4.75%
Original Mortgage
$705,000
Outstanding Balance
$636,530
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$533,885

Purchase Details

Closed on
Jun 6, 2011
Sold by
Protus Mark
Bought by
Eaton Stacey J and Eaton Brent A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,912
Interest Rate
4.71%
Mortgage Type
VA

Purchase Details

Closed on
Oct 10, 2006
Sold by
Smith Christine
Bought by
Protus Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,750
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2003
Sold by
Nazarenus Mark
Bought by
Eggerling Michael J and Eggerling Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2000
Sold by
Pulliam Richard C and Pulliam Ninalei
Bought by
Nazarenus Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Hullin Mark Curtis $940,000 Chicago Title Company Of Wa
Eaton Stacey J $275,280 Chicago Title
Protus Mark A $56,179 Chicago
Protus Mark $512,500 Chicago Title
Eggerling Michael J $284,000 Chicago
Nazarenus Mark $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hullin Mark Curtis $705,000
Previous Owner Eaton Stacey J $280,912
Previous Owner Protus Mark $358,750
Previous Owner Protus Mark A $51,250
Previous Owner Eggerling Michael J $213,000
Previous Owner Nazarenus Mark $193,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $940,000 +4.4% $223 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $900,000 -- $213 / 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 $8,069 $949,000 $297,000 $652,000
2024 $8,069 $939,500 $292,000 $647,500
2023 $7,280 $886,500 $287,000 $599,500
2022 $5,970 $652,000 $210,000 $442,000
2020 $6,017 $536,000 $174,000 $362,000
2019 $5,800 $520,000 $169,000 $351,000
2018 $6,084 $500,000 $169,800 $330,200
2017 $5,376 $440,000 $154,400 $285,600
2016 $4,463 $384,000 $147,000 $237,000
2015 $4,516 $366,000 $140,000 $226,000
2013 $4,754 $340,000 $140,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1734736

Northwest Multiple Listing Service (NWMLS)

APN: 004391-488-021-00