Listed by Paragon Real Estate Advisors, Bought with WPI Real Estate Services, Inc.
NOT LISTED FOR SALE
2 Beds
3 Baths
4,180 Sq Ft
6,098 Sq Ft Lot

Last Sold September 23, 2021

Last sale price $1,350,000 $323 Per Sq Ft

90 Days on Market

About This Home

As of September 2021

The Chestnut 7-unit is a plug and play, cash-flowing building that has been comprehensively renovated with longevity and durability in mind. Prospective buyers will benefit from the current and future growth of Everett which has multiple large scale development projects intended to attract new high-quality residents and businesses. Additional value may be realized at the building by adding a washer/dryer to the studio unit, creating tenant storage lockers in the detached storage container, and creating communal tenant amenities in the unused adjacent tax parcel to the South which is currently a grass yard.

Last Agent to Sell the Property

Jacob Odegard

Paragon Real Estate Advisors License #120796 Listed on: 04/28/2021

Co-Listed By

Zachary Lazo

COMPASS License #25114

Last Buyer's Agent

Moon Kim

WPI Real Estate Services, Inc. License #128477

WPI Real Estate Services, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1765219

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,576

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 4,180 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00467300302800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,576

Year Built

Built in 1920

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1920
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4180
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition, Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00467300302800
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 8615

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6576

Multi Family

  • Number Of Units Total: 7
  • EnergySource: Electric
  • UnitsBelowGrade: false
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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
09/23/2021 09/23/21 Sold $1,350,000 -3.2% $323 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $1,395,000 -6.7% $334 / Sq Ft
04/28/2021 04/28/21 For Sale $1,495,000 -- $358 / 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 $9,324 $1,096,500 $287,100 $809,400
2024 $9,324 $1,085,690 $282,100 $803,590
2023 $9,768 $1,189,500 $261,100 $928,400
2022 $6,601 $721,000 $189,100 $531,900
2020 $6,174 $550,000 $158,000 $392,000
2019 $6,056 $543,000 $153,000 $390,000
2018 $6,510 $535,000 $141,300 $393,700
2017 $5,681 $465,000 $128,200 $336,800
2016 $4,998 $430,000 $121,900 $308,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1765219

Northwest Multiple Listing Service (NWMLS)

APN: 00467300302800

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