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

Estimated Value: $1,087,321

10 Beds
4 Baths
4,220 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: April 16, 2021

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

Est. 16% increase in value since last sale

Current estimated payment $6,651 / mo

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)
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

6,098 Sq Ft Lot

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
  • Structure Type: Quadruplex
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 11, 2021
Sold by
Bought by
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
$1,087,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,321
Avg. Annual Appreciation
2.75%
Original Mortgage
$705,000
Outstanding Balance
$623,976
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$463,345

Purchase Details

Closed on
Jun 6, 2011
Sold by
Bought by

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
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,250
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 2003
Sold by
Bought by

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
Bought by

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bayside, WA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$940,000 Chicago Title Company Of Wa
$275,280 Chicago Title
$512,500 Chicago Title
$56,179 Chicago
$284,000 Chicago
$277,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $705,000
Previous Owner $280,912
Previous Owner $51,250
Previous Owner $358,750
Previous Owner $213,000
Previous Owner $193,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,232 $958,500 $297,000 $661,500
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1734736

Northwest Multiple Listing Service (NWMLS)

APN: 004391-488-021-00

Your Personal Tour Guide

Ask me questions while you tour the home.