Listed by TEC Real Estate Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $639,576 - $680,000

4 Beds
2 Baths
1,932 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $599,800 $310 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,928/month

12 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Patio
  • High Speed Internet

About This Home

As of August 2024

Great performing cashflow opportunity! Beautiful side-by-side rambler style duplex with new roof in a fantastic location on a corner lot with views! The first unit is 3 beds 1 bath, & the corner unit is 2 beds 1 bath. Property & surrounding area generates fantastic rents with high occupancy rates. Always in demand! Both units have covered carports with additional storage, and backyards. Both kitchens have white quartz countertops. This style of duplex is ideal because the driveway locations & entrances / exits make it feel like 2 separate small homes on the same lot, a highly sought after design by tenants.

Last Agent to Sell the Property

Garrett Ortolf

TEC Real Estate Inc. License #21010991 Listed on: 07/11/2024

Last Buyer's Agent

Feven Debela

Skyline Properties, Inc. License #23017873

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2263391

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,612

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Madison Elementary School
  • Evergreen Mid Middle School
  • Everett High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00621600102900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,612

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1932
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: Evergreen Mid

Lot Info

  • Parcel Number: 00621600102900
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.8
  • LeasedItems: None
  • TotalMonthlyIncome: 3900

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 40172
  • Number Of Units Total: 2
  • Insurance Expense: 816
  • Leasable Area: 1932
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4612

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2024
Closed on
Oct 2, 2024
Sold by
Debela Feven
Bought by
Debela Homes Llc
Seller's Agent
Garrett Ortolf
TEC Real Estate Inc.
Buyer's Agent
Feven Debela
Skyline Properties, Inc.
List Price
$599,800
Sold Price
$599,800
Views
16
Current Estimated Value
$651,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,844
Avg. Annual Appreciation
8.30%
Original Mortgage
$580,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2024
Closed on
Aug 12, 2024
Sold by
Integrity Ii Llc
Bought by
Debela Feven
Seller's Agent
Garrett Ortolf
TEC Real Estate Inc.
Buyer's Agent
Feven Debela
Skyline Properties, Inc.
List Price
$599,800
Sold Price
$599,800
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2020
Sold by
Prosper I Llc
Bought by
Integrity Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2019
Sold by
Papp Kenneth and Papp Richard
Bought by
Prosper 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 21, 1998
Sold by
Day Michael L and Day D
Bought by
Papp Catherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,245
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1994
Sold by
Day Michael L
Bought by
Day Michael L and Day D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.14%
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
Debela Homes Llc $313 None Listed On Document
Debela Feven $630,000 None Listed On Document
Integrity Ii Llc -- Old Republic Title Ltd
Prosper 1 Llc $299,000 Ticor Title
Papp Catherine R $139,000 Chicago Title Insurance Co
Day Michael L -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Debela Feven $580,000
Previous Owner Integrity Ii Llc $364,000
Previous Owner Prosper I Llc $42,500
Previous Owner Prosper 1 Llc $284,150
Previous Owner Papp Catherine R $113,098
Previous Owner Papp Catherine R $93,100
Previous Owner Papp Catherine R $49,000
Previous Owner Papp Catherine R $137,245
Previous Owner Day Michael L $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Sold $599,800 0.0% $310 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $599,800 -- $310 / 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 $4,612 $527,900 $335,000 $192,900
2024 $4,612 $535,900 $343,000 $192,900
2023 $4,483 $544,700 $348,000 $196,700
2022 $3,188 $347,300 $249,000 $98,300
2020 $3,294 $292,700 $199,000 $93,700
2019 $3,008 $269,100 $191,000 $78,100
2018 $2,841 $233,000 $164,000 $69,000
2017 $2,466 $201,400 $135,000 $66,400
2016 $2,740 $235,300 $113,000 $122,300
2015 $2,504 $202,500 $97,000 $105,500
2013 $2,293 $163,600 $76,000 $87,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2263391

Northwest Multiple Listing Service (NWMLS)

APN: 006216-001-029-00