Listed by Ballpark Realty, Bought with Lennar Sales Corp.
NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,399,382

Studio
4 Baths
3,992 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $1,385,000 $347 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,894/month

14 Days on Market

Highlights

  • Views of a Sound
  • 0.26 Acre Lot
  • No HOA
  • Whittier Elementary School Rated A
  • Deck
  • Vinyl Plank Flooring

About This Home

As of June 2022

Rare investment opportunity awaits with this prime inner city 4plex. The lower floor units 1&2 have a territorial view of the city, while upper floors possess spectacular views of the mountains and the Everett waterfront. These units are currently leased with a monthly income of over 6K. Three units are 2 bedroom 1 bath and one unit is 3 bedroom 1 bath. This sale includes 4 city lots, combining 2 parcels of land creating a massive .26 acre of possibilities. The city of Everett has zoned this property multi family with a possible option of going skyward up to 11 stories, taking advantage of full bay views. Whether you're content with a turnkey profitable rental property, or have aspirations of creating a dream complex, all options are here.

Last Agent to Sell the Property

Gerald Harrison

Ballpark Realty License #115286 Listed on: 04/08/2022

Last Buyer's Agent

Erik Granquist

Lennar Sales Corp. License #114266

Lennar Sales Corp.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1914041

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1896

Lot Details

  • 0.26 Acre Lot
  • Property is in good condition

Parking

  • 4 Parking Spaces

Property Views

  • Views of a Sound
  • Bay
  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,992 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 18,19 / 615 D-00
  • Assessor Parcel Number 00439161501800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1896
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3992
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Flat, See Remarks
  • View: Bay, City, Mountain(s), Sound, Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Sno Co PUD
  • SewerCompany: City Of Everett
  • WaterCompany: City Of Everett
  • CableConnected: Comcast
  • InternetConnected: Comcast Zipley

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439161501800
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11325
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Gas Available,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 18,19

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 6070

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6000

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric,Natural Gas
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 1, 2022
Sold by
Cooney Sean L
Bought by
2626 Rucker Ave Llc
Seller's Agent
Gerald Harrison
Ballpark Realty
Buyer's Agent
Erik Granquist
Lennar Sales Corp.
List Price
$1,390,000
Sold Price
$1,385,000
Premium/Discount to List
-$5,000
-0.36%
Current Estimated Value
$1,198,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,154
Avg. Annual Appreciation
-3.95%
Original Mortgage
$960,000
Outstanding Balance
$912,079
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$286,767

Purchase Details

Closed on
Sep 25, 2000
Sold by
Pension Ronald E Tracy Dds Ps Private
Bought by
Cooney Sean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.98%

Purchase Details

Closed on
Oct 28, 1993
Sold by
Sanger Mary A
Bought by
The Ronald E Tracy D D S P S Private Pen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2626 Rucker Ave Llc -- Chicago Title
Cooney Sean L $240,000 --
The Ronald E Tracy D D S P S Private Pen -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2626 Rucker Ave Llc $960,000
Previous Owner Cooney Sean L $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $1,385,000 -0.4% $347 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $1,390,000 -- $348 / 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 $7,497 $881,500 $325,400 $556,100
2024 $7,497 $873,000 $319,900 $553,100
2023 $6,762 $823,500 $309,200 $514,300
2022 $6,391 $698,000 $237,300 $460,700
2020 $6,286 $560,000 $198,700 $361,300
2019 $6,023 $540,000 $193,200 $346,800
2018 $5,841 $480,000 $170,000 $310,000
2017 $4,887 $400,000 $154,600 $245,400
2016 $4,161 $358,000 $147,100 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1914041

Northwest Multiple Listing Service (NWMLS)

APN: 004391-615-018-00