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

Estimated Value: $688,000 - $701,895

3 Beds
2 Baths
2,504 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $465,000 $186 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,200/month

125 Days on Market

Highlights

  • Mountain View
  • Open Space
  • Wall to Wall Carpet
  • Deck
  • Wood Siding

About This Home

As of August 2020

Downtown Everett duplex with potential of 3rd unit. Land new zonings up to 80 ft. Both units are currently rented, additional 920 sq ft in basement for possible 3rd unit with potential revenue (6.5% cap rate). New coin op laundry with additional revenue stream. Lower unit has a new roof over the covered deck. Land supports multi-unit potential for future development buyer to verify all info to own satisfaction. Sold As-Is.

Last Agent to Sell the Property

Irwan Ngadisastra

Skyline Properties, Inc. License #89756 Listed on: 03/19/2020

Skyline Properties, Inc.

Last Buyer's Agent

Timothy Lee

Columbia Partners Real Estate License #1678

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1578749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 1901

Lot Details

  • 5,663 Sq Ft Lot
  • Open Space
  • Value in Land

Property Views

  • Mountain
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,504 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Deck

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Everett Condos
  • Downtown Subdivision

Listing and Financial Details

  • Legal Lot and Block 28-29 / 790
  • Assessor Parcel Number 04436979002800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,387

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett
  • New Construction: No
  • CalculatedSquareFootage: 2504
  • Special Features: None
  • Cumulative Days on Market: 407

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Alley, Curbs, Open Space, Paved, Sidewalk, Value In Land
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 04436979002800
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,See Remarks
  • LotNumber: 28-29

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 2325

Multi Family

  • Gross Scheduled Income: 28800
  • Net Operating Income: 17873
  • Number Of Units Total: 3
  • Insurance Expense: 1500
  • Leasable Area: 1584
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3387

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Aug 21, 2020
Sold by
Mcneill John M and Mcneill Sara L
Bought by
Kunisetty Eswara and Tripuramallu Hima
Seller's Agent
Irwan Ngadisastra
Skyline Properties, Inc.
Buyer's Agent
Timothy Lee
Columbia Partners Real Estate
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$696,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,974
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 19, 2018
Sold by
Mcauley Debra L and Hoke Duncan
Bought by
Mcneill John M and Mcneill Sara L
Seller's Agent
Lilyan Folk
New Horizon Realty LLC
Buyer's Agent
Moose Math
John L. Scott, Inc
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.70%
Original Mortgage
$266,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 29, 2016
Sold by
Williams Myrna Lee
Bought by
Mcauley Debra L and Hoke Duncan
Seller's Agent
Marcus Tangent
Task Properties Inc.
Buyer's Agent
Lilyan Folk
New Horizon Realty LLC
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.73%
Original Mortgage
$157,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2004
Sold by
Williams Slater and Williams Myrna Lee
Bought by
Williams Slater and Williams Myrna Lee
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
Kunisetty Eswara $465,000 First American
Mcneill John M $355,000 First American Title
Mcauley Debra L $210,000 First American Title Ins Co
Williams Slater -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kunisetty Eswara $325,000
Previous Owner Mcneill John M $266,250
Previous Owner Mcauley Debra L $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $465,000 -2.1% $186 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $475,000 +2.2% $190 / Sq Ft
03/24/2020 03/24/20 Off Market $465,000 -- --
03/19/2020 03/19/20 For Sale $475,000 +33.8% $190 / Sq Ft
03/23/2018 03/23/18 Sold $355,000 0.0% $224 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $355,000 0.0% $224 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $355,000 +69.0% $224 / Sq Ft
08/03/2016 08/03/16 Sold $210,000 -16.0% $133 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $249,900 -- $158 / 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 $4,922 $542,500 $311,900 $230,600
2024 $4,922 $573,100 $311,900 $261,200
2023 $4,342 $528,800 $291,400 $237,400
2022 $3,925 $428,700 $220,500 $208,200
2020 $3,534 $314,800 $183,200 $131,600
2019 $3,387 $303,700 $178,000 $125,700
2018 $2,349 $193,000 $119,700 $73,300
2017 $2,065 $169,000 $105,900 $63,100
2016 $1,790 $154,000 $100,000 $54,000
2015 $1,789 $145,000 $100,000 $45,000
2013 $1,874 $134,000 $92,500 $41,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1578749

Northwest Multiple Listing Service (NWMLS)

APN: 004369-790-028-00