Listed by Real Property Associates, Bought with Real Property Associates
NOT LISTED FOR SALE
-- Bed
-- Bath
6,120 Sq Ft
0.69 Acres

Last Sold June 28, 2024

Last sale price $1,045,000 $171 Per Sq Ft

8 Days on Market

Highlights

  • 0.69 Acre Lot
  • Baseboard Heating
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding
  • 1-Story Property

About This Home

As of June 2024

Multi-family property totaling 8 units -- in two buildings -- on a 0.69 acre site close to Boeing and Paine Field. 6 units are 2 BR, 1 BA. 2 units are 3BR, 1 BA. All units' rents are currently significantly under market rate. The improvements were built in 1967 and are in fair/average condition. Current occupancy is 100%. All tenants are month-to-month. Close to amenities, parks, and public transportation.

Last Agent to Sell the Property

Eric Nissen

Real Property Associates License #21017491 Listed on: 04/03/2024

Co-Listed By

Gordon Stephenson

Real Property Associates License #13279

Last Buyer's Agent

Jenny Bouffiou

Real Property Associates License #96398

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2209559

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,794

Year Built

  • Built in 1967

Lot Details

  • 0.69 Acre Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 6,120 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 20 Parking Spaces
  • Open Parking

Schools

  • Challenger Elementary School
  • Explorer Mid Middle School
  • Mariner High School

Utilities

  • Baseboard Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00538200003100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,794

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6120
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 20

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Explorer Mid

Lot Info

  • Parcel Number: 00538200003100
  • Lot Size Acres: 0.69
  • Lot Size Sq Ft: 30056
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Snohomish County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0.27
  • LeasedItems: None
  • TotalMonthlyIncome: 6000

Tax Info

  • Year: 2023
  • Tax Annual Amount: 8794

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 120
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Challenger Elem
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,045,000 +8.9% $171 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $960,000 -- $157 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $9,251 $1,230,000 $707,000 $523,000
2024 $9,251 $1,195,000 $671,900 $523,100
2023 $8,794 $1,165,000 $636,800 $528,200
2022 $9,723 $1,116,000 $471,400 $644,600
2020 $8,357 $964,000 $471,400 $492,600
2019 $7,371 $861,000 $225,800 $635,200
2018 $7,587 $763,000 $210,700 $552,300
2017 $6,503 $669,000 $203,200 $465,800
2016 $5,956 $607,000 $180,600 $426,400
2015 $6,299 $580,000 $180,600 $399,400
2013 $6,088 $522,000 $180,600 $341,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2209559

Northwest Multiple Listing Service (NWMLS)

APN: 00538200003100