Listed by Keller Williams Realty PS, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE
-- Bed
12 Baths
11,424 Sq Ft
0.28 Acres

Last Sold March 25, 2022

Last sale price $3,550,000 $311 Per Sq Ft

2 Days on Market

Highlights

  • 0.28 Acre Lot
  • Property is in very good condition
  • Wall to Wall Carpet
  • No HOA
  • Wood Siding

About This Home

As of March 2022

12 unit townhouse style apartment building in desirable Everett location.Built in 1990 and designed for efficiency and low maintenance.Well designed units have 2 bedrooms and 1.5 baths each.Approximate sq footage of each unit is 1000.All units have a washer and dryer. Each unit is complete with a parking space behind the building.Street parking is also available.Total building square footage is 11,424 square feet and the lot size is 12,197 square feet.Rents currently range for $1,055 to $1,600.Many long-term tenants.On-line estimates state that rents should be $1,800.Five of the units pay an additional $50 toward utilities.Clear opporunity to increase rents for maximizing income.Tenant occupied.Interior viewing after mutual acceptance only.

Last Agent to Sell the Property

Stuart Steadman

Keller Williams Realty PS License #7980 Listed on: 01/12/2022

Keller Williams Realty PS

Last Buyer's Agent

Brian Alfi

Windermere R.E. Shoreline License #21010998

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1877831

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,433

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 11,424 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 27-30 / 769
  • Assessor Parcel Number 00439176902700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,433

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1990
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11424
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: straight 3%
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 5836

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00439176902700
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12197
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Residential
  • LotNumber: 27-30

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 15680

Multi Family

  • Gross Scheduled Income: 188160
  • Net Operating Income: 155945
  • Number Of Units Total: 12
  • Insurance Expense: 5946
  • Leasable Area: 11424
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 20433

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $3,550,000 +1.4% $311 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $3,499,950 -- $306 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1877831

Northwest Multiple Listing Service (NWMLS)

APN: 00439176902700