Listed by Commercial RE Solutions LLC, Bought with Windermere Real Estate RBI
NOT LISTED FOR SALE

2808 Hoyt Ave Everett, WA 98201

Bayside Neighborhood
Studio
5 Baths
15,319 Sq Ft
9,147 Sq Ft Lot

Last Sold March 15, 2018

Last sale price $1,670,000 $109 Per Sq Ft

242 Days on Market

Highlights

  • RV Access or Parking
  • 0.21 Acre Lot
  • High Speed Internet
  • Whittier Elementary School Rated A
  • Disabled Access
  • Gated Home

About This Home

As of March 2018

7% CAP on this downtown Everett mixed-use investment property. Acquire a cash flow property w/B3 zoning allowing great redevelopment potential. Current tenant mix incl. 5 residential apartments on upper level, fully renovated naturopathic clinic on main level & self-storage on ally level. Tax parcel 00439166902200 (2-level parking garage) is included in sale. Puget Sound & mountains views. Neighboring parcels have redeveloped. Scheduled increases over next 12 months bring CAP to 7.5%!

Last Agent to Sell the Property

Gabriel Graumann

Commercial RE Solutions LLC License #24843 Listed on: 07/05/2017

Co-Listed By

Joe Platz

KW Everett License #27814

Last Buyer's Agent

Brad Albertsen

Windermere Real Estate RBI License #36401

Windermere Real Estate RBI

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1151446

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 9,147 Sq Ft Lot
  • Gated Home

Home Design

  • Slab Foundation
  • Poured Concrete
  • Built-Up Roof

Interior Spaces

  • 15,319 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Concrete

Parking

  • 26 Parking Spaces
  • 13 Covered Spaces
  • Open Parking
  • RV Access or Parking

Accessible Home Design

  • Disabled Access

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439166902300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,116

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Accessibility Features: Other
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 15319
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, See Remarks
  • Fireplace: No
  • Flooring: Concrete, See Remarks, Carpet
  • Interior Amenities: Forced Air, Concrete, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Built-Up
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 13
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 26

Utilities

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

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00439166902300
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,Gas Available,Gated Entry,High Speed Internet,RV Parking
  • MLSLotSizeSource: County Record
  • ZoningClass: Business,Commercial,Multi-Family,Office,See Remarks

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 13133

Tax Info

  • Year: 2017
  • Tax Annual Amount: 10116

Multi Family

  • Number Of Units Total: 9
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Carver Investments Ltd
Bought by
2808 Hoyt Ak Llc

Purchase Details

Listed on
Jul 5, 2017
Closed on
Mar 14, 2018
Sold by
2808 Hoyt Llc
Bought by
Carver Investments Ltd
Seller's Agent
Gabriel Graumann
Commercial RE Solutions LLC
Buyer's Agent
Brad Albertsen
Windermere Real Estate RBI
List Price
$1,795,000
Sold Price
$1,670,000
Premium/Discount to List
-$125,000
-6.96%

Purchase Details

Closed on
Oct 13, 2015
Sold by
The James C Burkett Credit Shelter Trust
Bought by
2808 Hoyt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2005
Sold by
Burkett E Joann
Bought by
Burkett E Joann and James C Burkett Credit Shelter Trust

Purchase Details

Closed on
Mar 27, 1997
Sold by
Drinkers Diversion Service
Bought by
The Phoenix Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,169
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
2808 Hoyt Ak Llc -- None Available
Carver Investments Ltd $1,670,000 Old Republic Title Ltd
2808 Hoyt Llc -- Chicago Title
Burkett E Joann -- None Available
The Phoenix Center -- Pacific Northwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2808 Hoyt Llc $772,000
Previous Owner The Phoenix Center $644,169
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $1,670,000 -7.0% $109 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
11/29/2017 11/29/17 For Sale $1,795,000 0.0% $117 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
11/07/2017 11/07/17 Price Changed $1,795,000 -4.3% $117 / Sq Ft
10/10/2017 10/10/17 For Sale $1,875,000 0.0% $122 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
08/28/2017 08/28/17 Price Changed $1,875,000 -3.8% $122 / Sq Ft
07/05/2017 07/05/17 For Sale $1,950,000 -- $127 / 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 $15,836 $1,885,000 $421,100 $1,463,900
2024 $15,836 $1,844,000 $380,000 $1,464,000
2023 $12,999 $1,583,000 $350,000 $1,233,000
2022 $13,175 $1,439,000 $323,000 $1,116,000
2020 $16,156 $1,439,300 $308,000 $1,131,300
2019 $11,650 $1,044,500 $308,000 $736,500
2018 $8,264 $679,100 $252,000 $427,100
2017 $8,297 $1,256,500 $252,000 $1,004,500
2016 $13,779 $1,185,500 $240,000 $945,500
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Gabriel Graumann

    Commercial RE Solutions LLC

    (480) 839-6600

    1 in this area

    12 Total Sales

    Gabriel Graumann
    Section Image
  • Joe Platz

    Seller Co-Listing Agent in 2018

    Joe Platz

    KW Everett

    (844) 686-9345

    2 in this area

    159 Total Sales

    Joe Platz
    Section Image
  • Brad Albertsen

    Buyer's Agent in 2018

    Brad Albertsen

    Windermere Corporate

    (425) 359-9918

    4 Total Sales

    Brad Albertsen
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1151446

Northwest Multiple Listing Service (NWMLS)

APN: 004391-669-023-00

Washington Snohomish County Everett 98201 Bayside

2808 Hoyt Ave, Everett, WA

Not Listed for Sale

MultiFamily

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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