Listed by The Preview Group, Bought with Sagareus Real Estate
NOT LISTED FOR SALE

Estimated Value: $1,008,000 - $1,135,552

8 Beds
4 Baths
3,240 Sq Ft
$327/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $799,950 $247 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,246/month

11 Days on Market

Highlights

  • Mountain View
  • Thermal Windows
  • Wood Siding
  • Deck
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of November 2020

Well maintained modern 4-plex in a very convenient location - minutes to I-5 and Hwy 2 and the Everett Transit Station. Nice floorplans with spacious rooms and kitchens, plenty of parking, rents are far below market. Coin-op laundry is owned, extra storage room for addl revenue, upgraded w/ vinyl windows, good roof, nice rockery, units show nice & clean. Fabulous rental market w/ shortage of affordable units.

Last Agent to Sell the Property

Dan Monteith

The Preview Group License #21001 Listed on: 09/11/2020

The Preview Group

Last Buyer's Agent

BB French

Sagareus Real Estate License #26874

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1661943

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,636

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Swalwells Second Addn Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 27,28, S half 29 / 636
  • Assessor Parcel Number 00593663602700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,636

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Swalwells Second Addn
  • New Construction: No
  • CalculatedSquareFootage: 3240
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Energy Package,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: Everett
  • WaterCompany: Everett
  • WaterSewerGarbage: 3407

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00593663602700
  • Lot Size Acres: 0.17
  • Lot Size: 62 x 120 apx
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Snohomish County records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 27,28, S half 29

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4205

Multi Family

  • Gross Scheduled Income: 50560
  • Net Operating Income: 36834
  • Number Of Units Total: 4
  • Insurance Expense: 1853
  • Leasable Area: 3240
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5636

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Nov 2, 2020
Sold by
Ranney Richard A and Ranney Karen E
Bought by
Bian Sikang and Wu Meng
Seller's Agent
Dan Monteith
The Preview Group
Buyer's Agent
BB French
Sagareus Real Estate
List Price
$799,950
Sold Price
$799,950
Current Estimated Value
$1,060,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,938
Avg. Annual Appreciation
5.87%
Original Mortgage
$599,962
Outstanding Balance
$534,839
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$526,049

Purchase Details

Closed on
Jun 2, 2005
Sold by
Hublou Roland A and Hublou Donna E
Bought by
Ranney Richard A and Ranney Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1999
Sold by
Aust Sylvia I Wheeler
Bought by
Hublou Roland A and Hublou Donna E
Source: Public Records

Range of Values:

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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
Bian Sikang $799,950 Chicago Title
Ranney Richard A $325,000 Pnwt
Hublou Roland A $225,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bian Sikang $599,962
Previous Owner Ranney Richard A $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2020 11/05/20 Sold $799,950 0.0% $247 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $799,950 -- $247 / 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 $7,390 $869,000 $312,500 $556,500
2024 $7,390 $860,500 $307,500 $553,000
2023 $6,126 $746,000 $295,000 $451,000
2022 $5,786 $632,000 $212,500 $419,500
2020 $5,635 $502,000 $180,000 $322,000
2019 $5,421 $486,000 $175,000 $311,000
2018 $5,525 $454,000 $168,400 $285,600
2017 $4,936 $404,000 $153,000 $251,000
2016 $4,138 $356,000 $145,800 $210,200
2015 $3,998 $324,000 $138,800 $185,200
2013 $3,915 $280,000 $138,800 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1661943

Northwest Multiple Listing Service (NWMLS)

APN: 005936-636-027-00