Listed by Magnify Realty, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

Estimated Value: $1,056,742 - $1,406,000

-- Bed
4 Baths
3,876 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $1,039,000 $268 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,905/month

11 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • Wall to Wall Carpet
  • No HOA
  • High Speed Internet

About This Home

As of June 2022

Great opportunity to own a 4-Plex in downtown Everett! Located in a quiet neighborhood with plenty of parking. Spacious 2 bed / 1 bath units (969 sq. ft. per) w/ 2 shared laundry rooms. Garage spaces available (currently, two units each rent a 2-car garage). New roof & convenient location. Units are in good condition with lots of storage. Tons of walkability for tenants and great cash flow for any investor!

Last Agent to Sell the Property

John Weston

Magnify Realty License #27235 Listed on: 04/25/2022

Last Buyer's Agent

Brian Alfi

Windermere R.E. Shoreline License #21010998

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1914618

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,331

Year Built

  • Built in 1974

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in average condition

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,876 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Land Co S 1St Add Condos
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00439079301300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,331

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Land Co S 1st Add
  • New Construction: No
  • CalculatedSquareFootage: 3876
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00439079301300
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16.44
  • LeasedItems: None
  • TotalMonthlyIncome: 5267

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7331

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 420
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
May 31, 2022
Sold by
Lester Chaundy Turner
Bought by
Alfi Brian and Alfi Kimberly
Seller's Agent
John Weston
Magnify Realty
Buyer's Agent
Brian Alfi
Windermere R.E. Shoreline
List Price
$1,039,000
Sold Price
$1,039,000
Current Estimated Value
$1,185,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,686
Avg. Annual Appreciation
3.79%
Original Mortgage
$779,250
Outstanding Balance
$740,352
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$445,334

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 8, 2020
Sold by
Scholl Don A and Scholl Deanna R
Bought by
Chaundy Turner Lester
Seller's Agent
Terrie Schmitt
CENTURY 21 North Homes Realty
Buyer's Agent
Liam Naughton
Heaton Dainard, LLC
List Price
$790,000
Sold Price
$820,000
Premium/Discount to List
$30,000
3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$818,847
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 25, 2014
Sold by
Baker Judith Ann
Bought by
Scholl Don A and Scholl Deanna R
Seller's Agent
Kim Ratliff
Windermere Real Estate/M2, LLC
List Price
$399,940
Sold Price
$355,000
Premium/Discount to List
-$44,940
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%
Original Mortgage
$266,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2013
Sold by
Baker Judith Ann
Bought by
Baker Judith Ann

Purchase Details

Closed on
Oct 15, 2010
Sold by
Baker William W and Baker Judith A
Bought by
Baker William W and Baker Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Eaton Michael V and Eaton Miriam A
Bought by
Baker William W and Baker Judy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.85%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alfi Brian -- Chicago Title
Chaundy Turner Lester $820,000 Stewart Title
Scholl Don A $355,280 First American
Baker Judith Ann -- None Available
Baker William W -- Pacific Northwest Title Co
Baker William W -- Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfi Brian $779,250
Previous Owner Chaundy Turner Lester $818,847
Previous Owner Scholl Don A $266,250
Previous Owner Baker William W $213,000
Previous Owner Baker William W $200,000
Closed Baker William W $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $1,039,000 0.0% $268 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $1,039,000 0.0% $268 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/25/2022 04/25/22 For Sale $1,039,000 +26.7% $268 / Sq Ft
05/13/2020 05/13/20 Sold $820,000 +3.8% $212 / Sq Ft View Prior Sale
03/07/2020 03/07/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $790,000 +122.5% $204 / Sq Ft
02/28/2014 02/28/14 Sold $355,000 -11.2% $92 / Sq Ft View Prior Sale
01/28/2014 01/28/14 Pending -- -- --
11/22/2013 11/22/13 For Sale $399,940 -- $103 / 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 $8,313 $1,020,000 $304,000 $716,000
2024 $8,313 $968,000 $304,000 $664,000
2023 $7,604 $926,000 $280,000 $646,000
2022 $7,160 $782,000 $210,000 $572,000
2020 $7,532 $671,000 $168,000 $503,000
2019 $6,681 $599,000 $163,000 $436,000
2018 $6,023 $495,000 $118,600 $376,400
2017 $5,083 $416,000 $107,800 $308,200
2016 $4,242 $365,000 $101,700 $263,300
2015 $4,331 $351,000 $101,700 $249,300
2013 $4,447 $318,000 $94,200 $223,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1914618

Northwest Multiple Listing Service (NWMLS)

APN: 004390-793-013-00