Listed by Windermere Real Estate GH LLC, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,008,200

6 Beds
4 Baths
3,204 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $661,000 $206 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,679/month

8 Days on Market

Highlights

  • Deck
  • Patio
  • Property is Fully Fenced
  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of October 2020

Great investment opportunity with this immaculate duplex. Central location 5 blocks to I-5, Hwy 2 East, the bus and train depot which services the Sounder & Amtrak. Close proximity to downtown Everett with amenities including theEverett Events Center and college. Each unit is 1,600 sf with 3 bedrooms, 2.5 baths and gas heat and includes a 1 car garage, alley access and a fully fenced yard.

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 08/28/2020

Windermere Real Estate GH LLC

Co-Listed By

Ryan Forbus

Windermere Real Estate GH LLC License #122912

Last Buyer's Agent

Samantha Sorensen

eXp Realty License #138163

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1655027

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,062

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced

Home Design

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

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00593665701501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,062

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2004
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3204
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Available
  • Water Source: Public
  • Security: PartiallyFenced
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Electric, Natural Gas Connected
  • WaterSewerGarbage: 2063

Schools

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

Lot Info

  • Parcel Number: 00593665701501
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3470

Multi Family

  • Gross Scheduled Income: 41640
  • Net Operating Income: 32515
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 3204
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6062

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 7, 2020
Sold by
French Adam
Bought by
Khandelwal Vinay Kumar and Khandelwal Neelima
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Samantha Sorensen
eXp Realty
List Price
$650,000
Sold Price
$661,000
Premium/Discount to List
$11,000
1.69%
Current Estimated Value
$948,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,300
Avg. Annual Appreciation
7.44%
Original Mortgage
$495,750
Outstanding Balance
$440,943
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$507,357

Purchase Details

Listed on
Sep 6, 2016
Closed on
Oct 26, 2016
Sold by
Somasegar Sivaramakichenane and Somasegar Akila
Bought by
French Adam J
Seller's Agent
Tere Foster
COMPASS
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%
Original Mortgage
$318,750
Interest Rate
2.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2007
Sold by
Seidel Artur and Seidel Cynthia
Bought by
Somasegar Sivaramakichenane and Somasegar Akila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Phinney Construction Inc
Bought by
Seidel Arthur and Seidel Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,700
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Khandelwal Vinay Kumar $661,000 Chicago Title
French Adam J $425,000 First American Title Ins Co
Somasegar Sivaramakichenane $475,000 Old Republic Title Ltd
Seidel Arthur $353,950 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khandelwal Vinay Kumar $495,750
Previous Owner French Adam J $318,750
Previous Owner Somasegar Sivaramakichenane $380,000
Previous Owner Seidel Arthur $247,700
Closed Seidel Arthur $70,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $661,000 +1.7% $206 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $650,000 +52.9% $203 / Sq Ft
11/07/2016 11/07/16 Sold $425,000 -10.5% $133 / Sq Ft View Prior Sale
09/28/2016 09/28/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $475,000 -- $148 / 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 $7,815 $910,000 $304,500 $605,500
2024 $7,815 $910,000 $274,600 $635,400
2023 $7,259 $884,000 $274,600 $609,400
2022 $5,905 $645,000 $195,500 $449,500
2020 $6,062 $540,000 $186,000 $354,000
2019 $5,677 $509,000 $161,500 $347,500
2018 $5,160 $424,000 $115,500 $308,500
2017 $4,704 $385,000 $111,000 $274,000
2016 $4,068 $350,000 $112,500 $237,500
2015 $4,109 $333,000 $106,500 $226,500
2013 $3,775 $270,000 $106,500 $163,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1655027

Northwest Multiple Listing Service (NWMLS)

APN: 005936-657-015-01