Listed by Pacific Properties, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $576,000 - $665,000

4 Beds
2 Baths
1,560 Sq Ft
$395/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $347,000 $222 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,726/month

4 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Wall to Wall Carpet
  • Corner Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of May 2017

Don't miss out on this brick rambler duplex w New Roof in the rapidly booming area of South Everett! Great investment opportunity w long term tenants & nearly ZERO turnover. RENTS BELOW MARKET! AVG. IN AREA IS $1,280 EACH SIDE. Residential neighborhood location, just minutes away from Everett Mall. Easy access I-5 & 526 to Boeing, & Mukilteo Ferries. Long private driveway w/ each unit having its own garage, guest and/or RV parking! Large grassy front yard for each unit is partially fenced.

Last Agent to Sell the Property

George Caudill

Pacific Properties License #81523 Listed on: 04/01/2017

Last Buyer's Agent

Jon Bye

John L. Scott, Inc License #25593

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1098869

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1969

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in average condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

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

Schools

  • Evergreen Mid Middle School
  • Cascade High School

Utilities

  • Cable TV Available

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00545003100900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,452

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1560
  • Special Features: None
  • Cumulative Days on Market: 368

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Everett
  • WaterCompany: Everett
  • WaterSewerGarbage: 1520

Schools

  • Junior High Dist: Everett
  • High School: Cascade High
  • Middle Or Junior School: Evergreen Mid

Lot Info

  • Parcel Number: 00545003100900
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,RV Parking
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 23880

Multi Family

  • Gross Scheduled Income: 23880
  • Net Operating Income: 15848
  • Number Of Units Total: 6
  • Insurance Expense: 905
  • Leasable Area: 1560
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3452

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
Apr 25, 2017
Sold by
Bredin Deborah L
Bought by
Capgrow Holdings Jv Sub Iii Llc
Seller's Agent
George Caudill
Pacific Properties
Buyer's Agent
Jon Bye
John L. Scott, Inc
List Price
$339,950
Sold Price
$347,000
Premium/Discount to List
$7,050
2.07%
Current Estimated Value
$615,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,659
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
May 16, 2006
Sold by
Liljestrand Andrew K and Liljestrand Linda A
Bought by
Bredin Wesley W and Bredin Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
1.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 31, 1994
Sold by
Westmoreland Herbert C and Westmoreland Dawn P
Bought by
Liljestrand Andrew K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.19%
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
Capgrow Holdings Jv Sub Iii Llc $347,000 Old Republic Title Ltd
Bredin Wesley W $310,000 Multiple
Liljestrand Andrew K $139,000 Western Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holding Jv Sub Iii Llc $15,760,000
Previous Owner Bredin Wesley W $232,500
Previous Owner Liljestrand Andrew K $100,000
Previous Owner Liljestrand Andrew K $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $347,000 +2.1% $222 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $339,950 -- $218 / 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 $4,530 $542,300 $341,000 $201,300
2024 $4,530 $526,300 $325,000 $201,300
2023 $4,906 $596,200 $325,000 $271,200
2022 $4,384 $477,900 $248,000 $229,900
2020 $4,353 $387,100 $184,000 $203,100
2019 $3,793 $339,400 $167,000 $172,400
2018 $3,765 $308,900 $147,000 $161,900
2017 $3,452 $282,100 $131,000 $151,100
2016 $2,878 $247,200 $102,000 $145,200
2015 $2,630 $212,700 $94,000 $118,700
2013 $2,101 $149,900 $69,000 $80,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1098869

Northwest Multiple Listing Service (NWMLS)

APN: 005450-031-009-00