Listed by RE/MAX Northwest, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

Estimated Value: $526,000 - $560,000

2 Beds
2 Baths
1,300 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $351,950 $271 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,286/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Softwood Flooring
  • Wood Siding

About This Home

As of October 2018

Duplex conveniently located steps away from the Downtown Core of Everett. Zoned R-5 for future development. Recent updates throughout the interior of both units and stable tenants on month-to-month leases with room to improve rents. You won’t find a better value anywhere!

Last Agent to Sell the Property

Garrett Kaiser

RE/MAX Northwest License #94065 Listed on: 08/23/2018

RE/MAX Northwest

Co-Listed By

Ann Babb-Nordling

RE/MAX Northwest License #0024408

Last Buyer's Agent

Tim Lenihan

Windermere Real Estate Midtown License #27969

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1349632

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,077

Year Built

  • Built in 1905

Lot Details

  • 4,356 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439074100300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,077

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1905
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1300
  • Special Features: None
  • Cumulative Days on Market: 361

Interior Features

  • Fireplace: No
  • Flooring: Softwood, Vinyl, Carpet
  • Interior Amenities: Fir/Softwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: Everett
  • WaterCompany: Everett
  • WaterSewerGarbage: 1795

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439074100300
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available,RV Parking
  • MLSLotSizeSource: Tax Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 15570
  • Number Of Units Total: 2
  • Insurance Expense: 607
  • Leasable Area: 1300
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 24, 2018
Sold by
Jla Properties Llc
Bought by
Bishop Erik S and Bishop Victoria W
Seller's Agent
Garrett Kaiser
RE/MAX Northwest
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$349,950
Sold Price
$351,950
Premium/Discount to List
$2,000
0.57%
Current Estimated Value
$543,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,256
Avg. Annual Appreciation
6.43%
Original Mortgage
$263,963
Outstanding Balance
$232,536
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$307,989

Purchase Details

Closed on
Jan 25, 2011
Sold by
Anderson Jeffrey L and Anderson Lori A
Bought by
Jla Properties Llc

Purchase Details

Closed on
May 8, 2006
Sold by
Priority West Llc
Bought by
Anderson Jeffrey L and Anderson Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 2004
Sold by
Tapia Nathan G
Bought by
Priority West Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,586
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2000
Sold by
Lund Patrick D
Bought by
Tapia Nathan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,500
Interest Rate
8.2%
Mortgage Type
Seller Take Back
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
Bishop Erik S $351,950 Old Republic Title Ltd
Jla Properties Llc -- None Available
Anderson Jeffrey L $235,000 Old Republic Title Ltd
Priority West Llc $155,000 Pnwt
Tapia Nathan G $166,500 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Erik S $263,963
Previous Owner Anderson Jeffrey L $176,250
Previous Owner Priority West Llc $184,586
Previous Owner Tapia Nathan G $158,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $351,950 +0.6% $271 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $349,950 -- $269 / 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 $3,917 $436,300 $263,200 $173,100
2024 $3,917 $456,100 $283,000 $173,100
2023 $3,467 $422,200 $262,500 $159,700
2022 $3,118 $340,600 $200,000 $140,600
2020 $3,259 $290,300 $165,500 $124,800
2019 $2,852 $255,700 $160,500 $95,200
2018 $2,361 $194,000 $107,000 $87,000
2017 $2,077 $170,000 $96,400 $73,600
2016 $1,743 $150,000 $90,900 $59,100
2015 $1,740 $141,000 $90,900 $50,100
2013 $1,804 $129,000 $84,200 $44,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1349632

Northwest Multiple Listing Service (NWMLS)

APN: 004390-741-003-00