NOT LISTED FOR SALE

Estimated Value: $1,015,000 - $1,253,000

8 Beds
4 Baths
3,192 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 24, 2017

Last sale price $642,500 $201 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,029/month

27 Days on Market

About This Home

As of August 2017

Turnkey 4-plex in Pinehurst neighborhood of Everett. Minutes to I-5 and downtown Everett. All units are 2 Bedroom/1 Bath (approx 800 sq ft). Each unit is equipped with washer/dryer hookups, fireplace, individual storage space, covered parking and a deck/patio. All units are currently occupied and ready for your investment!

Last Agent to Sell the Property

Tamara Lamore

KW Everett License #72279 Listed on: 05/11/2017

KW Everett

Co-Listed By

Ben Kinney

Keller Williams Western Realty License #24329

Last Buyer's Agent

BB French

Sagareus Real Estate License #26874

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1121629

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 1989

Lot Details

  • 6,534 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in average condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,192 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 9 Parking Spaces
  • Open Parking

Community Details

  • Pinehurst Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1131268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,317

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3192
  • Special Features: VirtualTour
  • Cumulative Days on Market: 308

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2400

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 1131268
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3725

Multi Family

  • Gross Scheduled Income: 44700
  • Net Operating Income: 18830
  • Number Of Units Total: 4
  • Insurance Expense: 954
  • Leasable Area: 3192
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 16, 2017
Sold by
Murphy Matthew C
Bought by
Shaunak Sudhir and Krishnan Gurumeenal
Seller's Agent
Tamara Lamore
KW Everett
Buyer's Agent
BB French
Sagareus Real Estate
List Price
$680,000
Sold Price
$642,500
Premium/Discount to List
-$37,500
-5.51%
Current Estimated Value
$1,149,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,045
Avg. Annual Appreciation
7.00%
Original Mortgage
$481,875
Outstanding Balance
$409,447
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$683,719

Purchase Details

Listed on
Aug 29, 2011
Closed on
Jul 3, 2012
Sold by
Burr Kenneth A and Burr Shelley Eggert
Bought by
Murphy Matthew C
Seller's Agent
Steve Fischer
Northmarq Multifamily, LLC
List Price
$379,950
Sold Price
$345,000
Premium/Discount to List
-$34,950
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$352,417
Interest Rate
3.74%
Mortgage Type
VA

Purchase Details

Closed on
Mar 25, 2002
Sold by
Burr Shelley G
Bought by
Burr Kenneth A and Burr Shelley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,900
Interest Rate
6.84%

Purchase Details

Closed on
Mar 6, 1997
Sold by
Fourplex Melvin
Bought by
Burr Shelley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
7.81%
Mortgage Type
Balloon
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
Shaunak Sudhir $642,500 First American Title Ins Co
Murphy Matthew C $345,280 Chicago Title
Burr Kenneth A -- --
Burr Shelley G $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaunak Sudhir $481,875
Previous Owner Murphy Matthew C $352,417
Previous Owner Burr Kenneth A $13,000
Previous Owner Burr Kenneth A $232,000
Previous Owner Burr Kenneth A $232,950
Previous Owner Burr Kenneth A $168,900
Previous Owner Burr Shelley G $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2017 08/24/17 Sold $642,500 -5.5% $201 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $680,000 0.0% $213 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $680,000 +97.1% $213 / Sq Ft
07/06/2012 07/06/12 Sold $345,000 -9.2% $108 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
08/31/2011 08/31/11 For Sale $379,950 -- $119 / 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 $7,801 $893,400 $303,900 $589,500
2024 $7,801 $907,200 $291,700 $615,500
2023 $7,257 $882,500 $271,700 $610,800
2022 $7,223 $750,000 $218,200 $531,800
2020 $8,348 $743,000 $184,000 $559,000
2019 $7,034 $630,000 $147,000 $483,000
2018 $6,334 $520,000 $85,100 $434,900
2017 $5,014 $410,000 $85,100 $324,900
2016 $4,317 $371,000 $85,100 $285,900
2015 $4,324 $350,000 $83,500 $266,500
2013 $4,689 $335,000 $75,800 $259,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1121629

Northwest Multiple Listing Service (NWMLS)

APN: 005447-015-007-00