Listed by John L. Scott, Inc., Bought with Windermere Real Estate/East
NOT LISTED FOR SALE

2605 Rockefeller Ave Everett, WA 98201

Bayside Neighborhood

Estimated Value: $526,000 - $1,722,000

11 Beds
4 Baths
5,474 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $800,000 $146 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,500/month

4 Days on Market

Highlights

  • Wood Flooring
  • Wood Siding
  • 4-minute walk to Clark Park
  • Whittier Elementary School Rated A

About This Home

As of December 2018

4 homes on 1 large city lot. Keep the 4 houses and make a great income. Cap rate is 9.4% plus this asset is very low maintenance. All 4 houses have 2 or 3 bedrooms/1 bath, a fireplace and a basement, and their own W/D. Or, remove the homes and enjoy the flexibility of new Urban Residential zoning. Build up to 5 Floors. Street designation is Pedestrian Connector. Metro Everett Off-Street Parking Area B. Homes on Natural Gas. Addresses are 2601 and 2605 Rockefeller and 1806 and 1808 26th St.

Last Agent to Sell the Property

Lori Bixler

John L. Scott, Inc. License #104603 Listed on: 10/24/2018

John L. Scott, Inc.

Last Buyer's Agent

Ashley Abolafia

Windermere Real Estate/East License #20113566

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1377019

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,830

Year Built

  • Built in 1928

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,474 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439161000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,830

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1928
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5474
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 4756

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439161000100
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 6435

Multi Family

  • Gross Scheduled Income: 76530
  • Net Operating Income: 61238
  • Number Of Units Total: 4
  • Insurance Expense: 1880
  • Leasable Area: 5474
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Lau James Kai Yu and Lau Viena
Bought by
Hua Tri
Current Estimated Value
$1,258,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$708,308
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$429,362

Purchase Details

Listed on
Oct 24, 2018
Closed on
Dec 3, 2018
Sold by
Jones Jeremy D and Jones Nicholas B
Bought by
Lau James Kai Yu and Lau Viena
Seller's Agent
Lori Bixler
John L. Scott, Inc.
Buyer's Agent
Ashley Abolafia
Windermere Real Estate/East
List Price
$649,950
Sold Price
$800,000
Premium/Discount to List
$150,050
23.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$560,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 1998
Sold by
Stearns Dennis W and Stearns Peggy
Bought by
Bergley David L and Bergley Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 1998
Sold by
Stearns Dennis W and Stearns Peggy
Bought by
Stearns Dennis W and Stearns Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hua Tri $1,125,000 Cw Title
Lau James Kai Yu $800,000 First American Title Insuran
Bergley David L $260,000 First American Title Co
Stearns Dennis W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hua Tri $787,500
Previous Owner Lau James Kai Yu $560,000
Previous Owner Jones Nicholas $360,000
Previous Owner Bergley David L $234,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $800,000 +23.1% $146 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $649,950 -- $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 $10,241 $1,198,500 $371,000 $827,500
2024 $10,241 $1,192,500 $365,200 $827,300
2023 $9,238 $1,125,000 $362,800 $762,200
2022 $9,659 $1,055,000 $272,200 $782,800
2020 $8,194 $730,000 $229,700 $500,300
2019 $5,202 $466,400 $223,900 $242,500
2018 $4,830 $396,900 $182,600 $214,300
2017 $4,285 $350,700 $166,000 $184,700
2016 $3,733 $321,200 $158,100 $163,100
2015 $3,450 $279,600 $150,600 $129,000
2013 $4,002 $286,200 $150,600 $135,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1377019

Northwest Multiple Listing Service (NWMLS)

APN: 004391-610-001-00