Seller's Agent in 2023
Levi Sterley
Capstone Commercial
(425) 238-8490
3 in this area
5 Total Sales
Listed by Capstone Commercial, Bought with Kelly Right RE of Seattle LLC
2601 Oakes Ave Everett, WA 98201
Bayside NeighborhoodEstimated Value: $716,000 - $1,204,277
11
Beds
6
Baths
3,810
Sq Ft
$253/Sq Ft
Est. Value
Highlights
- Deck
- Territorial View
- Corner Lot
- Whittier Elementary School Rated A
- Wood Flooring
- 3-minute walk to Clark Park
About This Home
As of December 2023*Email Brokers to schedule tour 10/6/2023 11AM-2PM* 2601 Oakes Ave offers residents a 95 walk score with ample access to downtown Everett and local commuting/transportation routes. The opportunity presents a projected 21%+ upside on base rents through further renovations equating to a $338/mo per unit lift. The potential to convert the corner building to a SFR house makes this a perfect owner-occupied investment, or live in one apartment and rent the remaining three. Additionally, the R-4 zoning designation could offer a future assemblage/redevelopment opportunity. With nearly $129,000 spent on CAP Ex in the last two years including electrical, the asset is in great condition and can be viewed as a light value-add or turnkey investment.
Last Agent to Sell the Property
Capstone Commercial License #141098 Listed on: 09/08/2023
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2161588
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,464
Year Built
- Built in 1915
Lot Details
- 6,098 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Property is in good condition
Home Design
- Quadruplex
- Composition Roof
- Vinyl Construction Material
- Wood Composite
Interior Spaces
- 3,810 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Vinyl Plank
Parking
- 8 Parking Spaces
- 1 Covered Space
- Open Parking
Outdoor Features
- Deck
- Patio
Utilities
- Radiant Heating System
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
- 2601 Oakes Avenue Condos
- Everett Subdivision
Listing and Financial Details
- Assessor Parcel Number 00439160900100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Dec 28, 2023
Sold by
Nguyen Ngoc Thanh
Bought by
Quan Bradford
Seller's Agent
Levi Sterley
Capstone Commercial
Buyer's Agent
Baron Quan
Kelly Right RE of Seattle LLC
List Price
$995,000
Sold Price
$995,000
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,681
Avg. Annual Appreciation
-1.85%
Purchase Details
Closed on
Sep 22, 2005
Sold by
Gale Keith G and Poplasky Kimberly S
Bought by
Gale Keith G and Gale Kimberly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.72%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 10, 2003
Sold by
Thorinson Roger M and Kane Sabina T
Bought by
Gale Keith G and Poplasky Kimberly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,042
Interest Rate
5.61%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 6, 1993
Sold by
Thorinson Roger M and Greene Sabina K
Bought by
Thorinson Roger M and Kane Sabina T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.89%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Quan Bradford | $313 | Old Republic Title | |
| Quan Susie Y | $313 | None Listed On Document | |
| Quan Susie Y | $995,000 | Old Republic Title | |
| Gale Keith G | -- | Pnwt | |
| Gale Keith G | $355,000 | First American Title Ins Co | |
| Thorinson Roger M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gale Keith G | $281,950 | |
| Previous Owner | Gale Keith G | $319,000 | |
| Previous Owner | Gale Keith G | $345,000 | |
| Previous Owner | Gale Keith G | $345,042 | |
| Previous Owner | Thorinson Roger M | $157,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2023 12/30/23 | Sold | $995,000 | 0.0% | $261 / Sq Ft |
| 10/28/2023 10/28/23 | Pending | -- | -- | -- |
| 09/08/2023 09/08/23 | For Sale | $995,000 | -- | $261 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $4,956 | $902,800 | $217,500 | $685,300 |
| 2024 | $4,956 | $577,100 | $208,000 | $369,100 |
| 2023 | $4,464 | $543,600 | $206,000 | $337,600 |
| 2022 | $4,576 | $499,800 | $201,000 | $298,800 |
| 2020 | $5,056 | $450,400 | $196,000 | $254,400 |
| 2019 | $4,581 | $410,700 | $169,000 | $241,700 |
| 2018 | $5,610 | $461,000 | $132,300 | $328,700 |
| 2017 | $4,692 | $384,000 | $154,100 | $229,900 |
| 2016 | $4,231 | $364,000 | $154,100 | $209,900 |
| 2015 | $4,319 | $350,000 | $153,000 | $197,000 |
| 2013 | $4,419 | $316,000 | $156,400 | $159,600 |
Source: Public Records
Agents Affiliated with this Home
-
Levi Sterley
-
Ted Wood
T
Seller Co-Listing Agent in 2023
Ted Wood
Capstone Commercial
(206) 267-1457
2 in this area
5 Total Sales
-
Baron Quan
Buyer's Agent in 2023
Baron Quan
Kelly Right RE of Seattle LLC
(206) 755-3641
1 in this area
8 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2161588
APN: 004391-609-001-00
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.
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Based on information submitted to the MLS GRID
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