Listed by Capstone Commercial
NOT LISTED FOR SALE

Estimated Value: $656,048 - $793,000

5 Beds
2 Baths
2,068 Sq Ft
$349/Sq Ft Est. Value

Last Sold March 29, 2016

Last sale price $344,888 $167 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,196/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Gated Home
  • Deck
  • Patio
  • Wood Siding

About This Home

As of March 2016

Historic Rucker Hill Duplex! Rare opportunity to own investment property, meticulously maintained, in the popular Rucker Hill neighborhood. The neighborhood is surrounded by natural barriers providing residents a sense of community. Enjoy the views of the Puget Sound with all the amenities of an urban life-style that Downtown Everett offers. Units include large country kitchens, bay windows, washer and dryers. A tenants dream and a qualified investors dream!

Last Agent to Sell the Property

Patrick Riley

Capstone Commercial License #112448 Listed on: 01/14/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 884937

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1901

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac
  • Gated Home
  • Property is Fully Fenced
  • Property is in average condition

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 3 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Everett Division H Condos
  • Rucker Hill Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 774
  • Assessor Parcel Number 00437577401100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,166

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1901
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: EVERETT DIVISION H
  • New Construction: No
  • CalculatedSquareFootage: 2068
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Cul-De-Sac, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: SecurityGate, PartiallyFenced
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett Utility Services
  • WaterCompany: City of Everett Utility Services
  • WaterSewerGarbage: 1262

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00437577401100
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Fully,Gas Available,Gated Entry,Patio,RV Parking
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family
  • LotNumber: 11

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2190

Multi Family

  • Gross Scheduled Income: 26280
  • Net Operating Income: 14265
  • Number Of Units Total: 2
  • Insurance Expense: 781
  • Leasable Area: 2068
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3166

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Feb 17, 2016
Sold by
Decker Ginger Lea
Bought by
Tarplee James Michael
Seller's Agent
Patrick Riley
Capstone Commercial
List Price
$339,888
Sold Price
$344,888
Premium/Discount to List
$5,000
1.47%
Current Estimated Value
$722,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,124
Avg. Annual Appreciation
7.51%
Original Mortgage
$275,900
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Decker Kromer Properties Llc
Bought by
Decker Ginger Lea

Purchase Details

Closed on
Jun 28, 2005
Sold by
Decker Ginger Lea
Bought by
Decker Kromer Properties Llc

Purchase Details

Closed on
Apr 22, 1997
Sold by
Ross H Stewart
Bought by
Decker Ginger Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
7.46%

Purchase Details

Closed on
Aug 1, 1995
Sold by
Richter Jeff
Bought by
Ross H Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.61%

Purchase Details

Closed on
Sep 14, 1994
Sold by
Richter Laura A
Bought by
Richter Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.58%

Purchase Details

Closed on
Sep 13, 1994
Sold by
Meeks Dianne and Brinkman Gustave
Bought by
Richter Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.58%
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
Tarplee James Michael $344,888 Chicago Title
Decker Ginger Lea -- None Available
Decker Kromer Properties Llc -- --
Decker Ginger Lea $148,000 Old Republic Title Ltd
Ross H Stewart $140,000 Charter Title Corporation
Ross H Stewart -- Charter Title
Richter Jeff -- Chicago Title Insurance Co
Richter Jeff $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tarplee James Michael $275,900
Previous Owner Decker Ginger Lea $118,400
Previous Owner Ross H Stewart $98,000
Previous Owner Richter Jeff $10,000
Previous Owner Richter Jeff $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2016 03/29/16 Sold $344,888 +1.5% $167 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/15/2016 01/15/16 For Sale $339,888 -- $164 / 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 $4,421 $590,700 $361,100 $229,600
2024 $4,421 $514,800 $296,800 $218,000
2023 $4,628 $563,600 $321,200 $242,400
2022 $4,494 $490,800 $241,800 $249,000
2020 $4,803 $427,900 $208,700 $219,200
2019 $4,170 $373,900 $175,500 $198,400
2018 $3,844 $315,900 $146,900 $169,000
2017 $3,579 $292,900 $143,200 $149,700
2016 $3,168 $272,600 $130,200 $142,400
2015 $3,166 $256,600 $133,000 $123,600
2013 $2,618 $187,200 $94,000 $93,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 884937

Northwest Multiple Listing Service (NWMLS)

APN: 004375-774-011-00