Listed by Valley and View, Bought with Raven Commercial Real Estate
NOT LISTED FOR SALE

2505 61st St SE Everett, WA 98203

Glacier View Neighborhood

Estimated Value: $1,212,000 - $1,328,232

8 Beds
4 Baths
3,304 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $1,200,000 $363 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,580/month

12 Days on Market

Highlights

  • Territorial View
  • Ceramic Tile Flooring
  • Property is in very good condition
  • Patio
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of January 2022

Amazing opportunity to own a beautifully updated 4-Plex in Pinehurst. Pride of ownership shows! Low maintenance and 100% occupied at below market rates for huge upside potential. All units are 2bed 1bath 826 sq.ft and include a washer /dryer. Custom kitchens with shaker cabinets, granite countertops and newer stainless steel appliances! Each unit also has one assigned covered carport parking space. The building also has 2 additional uncovered parking spaces for tenants / guests to use. Excellent cap rate. High demand rental market makes this property an extremely solid investment. Close to downtown Everett and Mukilteo. Don't miss this one!

Last Agent to Sell the Property

Matthew Wright

Valley and View License #122346 Listed on: 11/01/2021

Last Buyer's Agent

Jason Wilcox

Raven Commercial Real Estate License #25526

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1830693

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 1987

Lot Details

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

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,304 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00544800900100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,958

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3304
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceramic Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3120

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00544800900100
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 5668

Multi Family

  • Gross Scheduled Income: 66782
  • Net Operating Income: 53760
  • Number Of Units Total: 4
  • Electric Expense: 135
  • Insurance Expense: 1371
  • Leasable Area: 3304
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5958

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Boddeti Uma Malini
Bought by
Bhargava Vadapalli And Uma Boddeti Living Tru and Vadapalli
Current Estimated Value
$1,260,058

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jan 7, 2022
Sold by
Bhargava Vadapalll
Bought by
Boddeti Uma Malini
Seller's Agent
Matthew Wright
Valley and View
Buyer's Agent
Jason Wilcox
Raven Commercial Real Estate
List Price
$1,199,950
Sold Price
$1,200,000
Premium/Discount to List
$50
0.004%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Sep 23, 2020
Sold by
Fletcher Scott
Bought by
2505 61St Llc

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jan 30, 2018
Sold by
Fletcher Se
Bought by
Fletcher Scott
Seller's Agent
Barbara Warren
Keller Williams Realty Bothell
Buyer's Agent
Anne Lipana
Thomas Edwards Real Estate LLC
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.78%
Original Mortgage
$535,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jan 26, 2018
Sold by
Vestal George K
Bought by
Fletcher Scott
Seller's Agent
Barbara Warren
Keller Williams Realty Bothell
Buyer's Agent
Anne Lipana
Thomas Edwards Real Estate LLC
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 1997
Sold by
Arnesen Barbara J
Bought by
Vestal George K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.66%
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
Bhargava Vadapalli And Uma Boddeti Living Tru $313 None Listed On Document
Boddeti Uma Malini $313 Chicago Title
2505 61St Llc -- None Available
Fletcher Scott -- Chicago Title
Fletcher Scott $535,000 Chicago Title
Vestal George K $200,000 Chicago Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fletcher Scott $535,000
Previous Owner Vestal George K $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2022 01/10/22 Sold $1,200,000 0.0% $363 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $1,199,950 +124.3% $363 / Sq Ft
01/31/2018 01/31/18 Sold $535,000 -7.0% $162 / Sq Ft View Prior Sale
01/12/2018 01/12/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $575,000 -- $174 / 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 $10,481 $1,184,200 $312,100 $872,100
2024 $10,481 $1,219,200 $298,900 $920,300
2023 $9,011 $1,096,100 $278,900 $817,200
2022 $5,492 $599,000 $220,700 $378,300
2020 $6,350 $565,000 $185,900 $379,100
2019 $5,863 $525,000 $148,000 $377,000
2018 $6,090 $500,000 $87,700 $412,300
2017 $5,014 $410,000 $87,700 $322,300
2016 $4,253 $365,500 $87,700 $277,800
2015 $4,262 $345,000 $86,000 $259,000
2013 $4,619 $330,000 $78,100 $251,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Wright

    Valley and View

    (425) 351-6462

    1 in this area

    23 Total Sales

    Matthew Wright
    Section Image
  • Jason Wilcox

    Buyer's Agent in 2022

    Jason Wilcox

    Raven Commercial Real Estate

    (206) 919-7643

    1 in this area

    14 Total Sales

    Jason Wilcox
    Section Image

  • B

    Seller's Agent in 2018

    Barbara Warren

    Keller Williams Realty Bothell

    Section Image
  • Anne Lipana

    Buyer's Agent in 2018

    Anne Lipana

    Thomas Edwards Real Estate LLC

    (425) 802-5358

    3 Total Sales

    Anne Lipana
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1830693

Northwest Multiple Listing Service (NWMLS)

APN: 005448-009-001-00

Washington Snohomish County Everett 98203 Glacier View

2505 61st St SE, Everett, WA

This home is located at 2505 61st St SE, Everett, WA 98203 since 01 November 2021 and is currently estimated at $1,260,058, approximately $381 per square foot. This property was built in 1987. 2505 61st St SE is a home located in Snohomish County with nearby schools including Lowell Elementary School, Evergreen Middle School, and Everett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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