Listed by RE/MAX Elite, Bought with RADIUS PROPERTIES
NOT LISTED FOR SALE

Estimated Value: $1,450,000 - $1,672,259

-- Bed
-- Bath
5,374 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 20, 2015

Last sale price $692,450 $129 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $9,524/month

8 Days on Market

Highlights

  • Thermal Windows
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio
  • Partially Fenced Property

About This Home

As of August 2015

Great CAP rate on this 4-plex in convenient N Everett location. Each is Townhome style & offers 3 bd/2.5ba and comes with W/D in unit, and 2-parking spaces per unit. Only 5 blocks to XFinity Arena/Events Center, & also to Everett Station. Great downtown Everett restaurants & shopping just a few blocks away. High efficiency radiant heating system. Great access to Hwy 2 & I-5. Several new appliances & also new water heater and heating system in two of the units within the last year.

Last Agent to Sell the Property

Renee Comey

RE/MAX Elite License #26150 Listed on: 07/20/2015

RE/MAX Elite

Co-Listed By

Scott Comey

RE/MAX Elite License #98383

Last Buyer's Agent

Joseph Witt

RADIUS PROPERTIES License #18858

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 821873

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,399

Year Built

  • Built in 2003

Lot Details

  • 9,148 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 5,374 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00593663600700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,399

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2003
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5374
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 4636

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00593663600700
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 5200

Multi Family

  • Gross Scheduled Income: 62400
  • Net Operating Income: 44580
  • Number Of Units Total: 4
  • Electric Expense: 263
  • Insurance Expense: 1222
  • Leasable Area: 5199
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 6399

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2015
Closed on
Aug 18, 2015
Sold by
Clement Andrea B
Bought by
Martinell Joan and Martinell Harold
Seller's Agent
Renee Comey
RE/MAX Elite
Buyer's Agent
Joseph Witt
RADIUS PROPERTIES
List Price
$689,950
Sold Price
$692,450
Premium/Discount to List
$2,500
0.36%
Current Estimated Value
$1,572,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$880,365
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
Apr 22, 2007
Sold by
Birchman Joel E and Birchman Heather L
Bought by
Clement Andrea B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,550
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 10, 2003
Sold by
Haack Brothers Inc
Bought by
Birchman Joel E and Birchman Heather L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2000
Sold by
Gallanger Noel R and Gallanger Lois G
Bought by
Haack Brothers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.24%
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
Martinell Joan $692,450 Chicago Title
Clement Andrea B $657,900 Transnation Title Ins Co
Birchman Joel E $520,000 Pnwt
Haack Brothers Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clement Andrea B $460,550
Previous Owner Birchman Joel E $390,000
Previous Owner Haack Brothers Inc $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2015 08/20/15 Sold $692,450 +0.4% $129 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/20/2015 07/20/15 For Sale $689,950 -- $128 / 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 $11,647 $1,369,500 $332,000 $1,037,500
2024 $11,647 $1,356,140 $327,000 $1,029,140
2023 $8,585 $1,045,500 $319,000 $726,500
2022 $8,112 $886,000 $226,000 $660,000
2020 $8,464 $754,000 $192,000 $562,000
2019 $8,120 $728,000 $187,000 $541,000
2018 $8,518 $700,000 $196,400 $503,600
2017 $7,575 $620,000 $178,500 $441,500
2016 $5,951 $512,000 $170,000 $342,000
2015 $6,293 $510,000 $161,500 $348,500
2013 $6,376 $456,000 $161,500 $294,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 821873

Northwest Multiple Listing Service (NWMLS)

APN: 005936-636-007-00