Listed by Home Sales Spokane, Bought with Elite Edge Real Estate, Inc
NOT LISTED FOR SALE

Estimated Value: $857,000 - $1,134,000

-- Bed
8 Baths
3,040 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $560,000 $184 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $6,187/month

1 Day on Market

Highlights

  • Ocean View
  • Thermal Windows
  • High Speed Internet
  • Whittier Elementary School Rated A
  • Patio
  • Partially Fenced Property

About This Home

As of December 2016

Amazing opportunity to be a resident owner/manager or you could add this to your investor portfolio. Either way, this is the investment you have been looking for. Excellent location next to Providence Hospital Pacific campus. Long term tenants that are paying below market value rents. Coin-op laundry downstairs with storage units for each unit. Plenty of on-site and off site parking. Well cared for property with newer windows and a 5 year old roof. Sound and mountain view from two of the units.

Last Agent to Sell the Property

Robert MacGregor

Home Sales Spokane License #77411 Listed on: 11/04/2016

Last Buyer's Agent

Ron Van Pelt

Elite Edge Real Estate, Inc License #25470

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1047926

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,092

Year Built

  • Built in 1978

Lot Details

  • 6,968 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Ocean
  • Views of a Sound
  • City
  • Mountain
  • Limited

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,040 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Schools

  • Whittier Elementary School
  • Everett High School

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Everett Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 and 10 / 722
  • Assessor Parcel Number 00437572201000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,092

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett
  • New Construction: No
  • CalculatedSquareFootage: 3040
  • Special Features: None
  • Cumulative Days on Market: 347

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,Fire Sprinklers,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s), Ocean, Partial, Sound
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: pse
  • SewerCompany: everett
  • WaterCompany: everett
  • WaterSewerGarbage: 2829

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00437572201000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6968
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: tax
  • ZoningClass: Multi-Family
  • LotNumber: 9 and 10

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3720

Multi Family

  • Gross Scheduled Income: 44640
  • Net Operating Income: 37501
  • Number Of Units Total: 4
  • Electric Expense: 522
  • Leasable Area: 3040
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3092

MLS Schools

  • Elementary School: Whittier Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 1998
Sold by
Sand Lawrence and Sand Helen E
Bought by
Mcneil Thomas L and Mcneil Lori Zue
Current Estimated Value
$1,015,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Outstanding Balance
$36,548
Interest Rate
6.71%
Estimated Equity
$922,785
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
Mcneil Thomas L $230,250 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Lori Zue $35,000
Open Mcneil Thomas L $148,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $560,000 +1.8% $184 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
11/04/2016 11/04/16 For Sale $550,000 -- $181 / 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 $7,523 $800,000 $267,700 $532,300
2024 $7,523 $876,000 $267,700 $608,300
2023 $6,898 $840,000 $241,100 $598,900
2022 $5,539 $605,000 $184,100 $420,900
2020 $5,882 $524,000 $147,300 $376,700
2019 $4,997 $448,000 $142,300 $305,700
2018 $4,393 $361,000 $60,900 $300,100
2017 $3,702 $303,000 $48,900 $254,100
2016 $3,092 $266,000 $42,100 $223,900
2015 $3,072 $249,000 $42,100 $206,900
2013 $2,866 $205,000 $33,700 $171,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1047926

Northwest Multiple Listing Service (NWMLS)

APN: 004375-722-010-00