NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,009,421

6 Beds
4 Baths
3,204 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 24, 2013

Last sale price $340,000 $106 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $5,716/month

29 Days on Market

Highlights

  • Patio
  • Property is in very good condition
  • Wood Siding
  • High Speed Internet
  • Property is Fully Fenced
  • Wall to Wall Carpet

About This Home

As of June 2013

Wonderful income opportunity! Fully fenced, built in 2004, each unit has 3 bedrooms, 2.5 baths and an attached garage. Features an open floor plan. This property has great curb appeal; would be perfect for owner occupant. Close to transportation including bus, I-5 and train. Just minutes to the Navy base and Everett Community College.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 2004

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Garfield Elementary School
  • Everett High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • North Everett Subdivision

Listing and Financial Details

  • Tax Lot 13,14
  • Assessor Parcel Number 00593665701301

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,999

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: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3204
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • 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: 1350

Schools

  • Junior High Dist: Everett
  • High School: Everett High

Lot Info

  • Parcel Number: 00593665701301
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Patio
  • LotNumber: 13,14

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Multi Family

  • Gross Scheduled Income: 28200
  • Net Operating Income: 26158
  • Number Of Units Total: 2
  • Insurance Expense: 692
  • Leasable Area: 3204
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3999

MLS Schools

  • Elementary School: Garfield Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 21, 2013
Sold by
Panchapagesan Madhumitha
Bought by
Panchapagesan Seshagiri
List Price
$359,950
Sold Price
$340,000
Premium/Discount to List
-$19,950
-5.54%
Current Estimated Value
$954,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$614,355
Avg. Annual Appreciation
8.74%
Original Mortgage
$238,000
Outstanding Balance
$53,104
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$901,251

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 20, 2013
Sold by
Taylor Christine and Taylor Christine E
Bought by
Panchapagesan Seshagiri
List Price
$359,950
Sold Price
$340,000
Premium/Discount to List
-$19,950
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$53,104
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$901,251

Purchase Details

Closed on
Aug 25, 2005
Sold by
Berg Thomas L
Bought by
Taylor Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2003
Sold by
Everett Gospel Mission
Bought by
Berg Thomas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
6.04%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Panchapagesan Seshagiri -- First American Title Ins Co
Panchapagesan Seshagiri $340,280 First American Title Ins Co
Taylor Christine $402,500 Chicago Title
Berg Thomas L $91,250 Pnwt
Western Ridge Construction $91,250 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panchapagesan Seshagiri $238,000
Previous Owner Taylor Christine $227,500
Previous Owner Western Ridge Construction $268,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2013 06/24/13 Sold $340,000 -5.5% $106 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $359,950 -- $112 / 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

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 454120

Northwest Multiple Listing Service (NWMLS)

APN: 005936-657-013-01