NOT LISTED FOR SALE

2403 116th A and B St SE Everett, WA 98208

Silver Lake Neighborhood

Estimated Value: $673,000 - $838,000

4 Beds
2 Baths
1,400 Sq Ft
$518/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $250,000 $179 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,459/month

67 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of August 2013

Live in 1 unit & rent other OR investor attention!Walk to Silver Lake /700 sf per unit w/2 bed-1 bath+ Washer and Dryer. Total income $1500 a month. A- Unit new interior paint! 2 yrs old kitchen & bath rm floor & fixture, vinyl windows, water lines both units, Exterior paint. Roof 6-7 yrs old! Huge yard w/corner setting, circular drive way. Easy access to Free way I-5, Boeing. Close to shopping, Grocery store. Sale is subject to Tenant right. Sale AS-IS.

Last Agent to Sell the Property

Tennie Luu

RE/MAX Northwest License #16907 Listed on: 05/07/2013

RE/MAX Northwest

Last Buyer's Agent

Joel Johnson

Windermere Real Estate/East License #86422

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 483557

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 125x160
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Silver Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00574800101203

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,415

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1400
  • Special Features: None
  • Cumulative Days on Market: 328

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Silver LAke
  • WaterCompany: Silver LAke
  • WaterSewerGarbage: 130

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00574800101203
  • Lot Size Acres: 0.34
  • Lot Size: 125x160
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,RV Parking

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 167
  • LeasedItems: None
  • TotalMonthlyIncome: 1500

Multi Family

  • Gross Scheduled Income: 1500
  • Net Operating Income: 112
  • Number Of Units Total: 2
  • Insurance Expense: 525
  • Leasable Area: 1400
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 2415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Aug 21, 2013
Sold by
Nguyen Nhi and Van Ngo Toan
Bought by
Chase Chadd M and Chase Kalee R
Seller's Agent
Tennie Luu
RE/MAX Northwest
Buyer's Agent
Joel Johnson
Windermere Real Estate/East
List Price
$249,950
Sold Price
$250,000
Premium/Discount to List
$50
0.02%
Total Days on Market
67
Current Estimated Value
$724,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,686
Avg. Annual Appreciation
9.42%
Original Mortgage
$245,471
Outstanding Balance
$186,270
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$537,236

Purchase Details

Closed on
Jul 7, 2011
Sold by
Beyer Gordon C and Beyer Wanda L
Bought by
Nguyen Nhi Thi
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
Chase Chadd M $250,280 Chicago Title
Nguyen Nhi Thi $198,280 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Chadd M $74,844
Open Chase Chadd M $245,471
Previous Owner Beyer Gordon C $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $250,000 0.0% $179 / Sq Ft
07/14/2013 07/14/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $249,950 -- $179 / 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 $4,921 $552,000 $400,500 $151,500
2024 $4,921 $520,100 $376,200 $143,900
2023 $5,342 $605,000 $436,500 $168,500
2022 $4,667 $460,900 $288,000 $172,900
2020 $4,528 $359,500 $220,500 $139,000
2019 $4,057 $320,700 $197,100 $123,600
2018 $4,502 $330,100 $193,500 $136,600
2017 $3,975 $289,900 $162,000 $127,900
2016 $3,244 $245,400 $128,700 $116,700
2015 $3,146 $225,700 $118,200 $107,500
2013 $2,415 $149,700 $87,600 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 483557

Northwest Multiple Listing Service (NWMLS)

APN: 005748-001-012-03