Listed by New Horizon Realty LLC, Bought with KW Everett
NOT LISTED FOR SALE

Estimated Value: $831,000 - $1,062,000

-- Bed
4 Baths
2,832 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $1,000,000 $353 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,644/month

6 Days on Market

Highlights

  • Deck
  • No HOA
  • High Speed Internet
  • Territorial View
  • Vinyl Plank Flooring

About This Home

As of March 2022

If you've been waiting for the right investment, it's not everyday that you find one like this income producing 4 plex. 3 units nicely updated w/convenience of w/d & dishwashers 4th unit can be renovated very rentable as is. Located close to most all amenities including groceries, shopping, medical facilities, restaurants & freeway access. Renovation included exterior: New roof, gutters, hardy plank siding, doors, windows, insulation, updated plumbing & elec, the 3 renovated units include: vinyl flooring, porcelain tile in bathrooms, heaters, appliances some kit cabinets, backsplash, countertops, faucets sinks, toilet, vanity’s. Also on exterior, new treated stairs to upper unit with Trex decking including front porch. All units are rented

Last Agent to Sell the Property

Lilyan Folk

New Horizon Realty LLC License #39738 Listed on: 03/12/2022

New Horizon Realty LLC

Last Buyer's Agent

Ashley Bolden

KW Everett License #128461

KW Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1892807

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1910

Lot Details

  • 6,292 Sq Ft Lot
  • Lot Dimensions are 52x121
  • Property is in good condition

Home Design

  • Quadruplex
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,832 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 820
  • Assessor Parcel Number 4381820000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,319

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1910
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2832
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish Co PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3144

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: 4381820000500
  • Lot Size Acres: 0.1444
  • Lot Size: 52x121
  • Lot Size Sq Ft: 6292
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 5350

Multi Family

  • Gross Scheduled Income: 64200
  • Net Operating Income: 48666
  • Number Of Units Total: 4
  • Insurance Expense: 2181
  • Leasable Area: 2832
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5319

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Mar 29, 2022
Sold by
1708 Llc
Bought by
Borman Michael L and Borman Steven M
Seller's Agent
Lilyan Folk
New Horizon Realty LLC
Buyer's Agent
Ashley Bolden
KW Everett
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Current Estimated Value
$962,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,362
Avg. Annual Appreciation
3.80%
Original Mortgage
$606,000
Outstanding Balance
$577,994
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$561,445

Purchase Details

Listed on
Jul 22, 2014
Closed on
Sep 8, 2014
Sold by
Brunsell James V
Bought by
1708 Llc
Buyer's Agent
Lilyan Folk
New Horizon Realty LLC
List Price
$309,000
Sold Price
$310,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.88%
Original Mortgage
$232,500
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2009
Sold by
Brunsell James V
Bought by
The Brunsell Family Revocable Living Tr and Brunsell James V
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
Borman Michael L -- First American Title
1708 Llc $310,000 Fidelity National Title
The Brunsell Family Revocable Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borman Michael L $606,000
Previous Owner 1708 Llc $232,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $1,000,000 -9.1% $353 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $1,100,000 +254.8% $388 / Sq Ft
09/15/2014 09/15/14 Sold $310,000 +0.3% $109 / Sq Ft
07/27/2014 07/27/14 Pending -- -- --
07/22/2014 07/22/14 For Sale $309,000 -- $109 / 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 $6,183 $740,000 $299,000 $441,000
2024 $6,183 $720,000 $299,000 $421,000
2023 $5,666 $690,000 $275,000 $415,000
2022 $5,320 $581,000 $205,000 $376,000
2020 $5,545 $494,000 $163,000 $331,000
2019 $4,919 $441,000 $152,000 $289,000
2018 $4,551 $374,000 $119,500 $254,500
2017 $3,836 $314,000 $109,600 $204,400
2016 $3,347 $288,000 $103,400 $184,600
2015 $3,344 $271,000 $103,400 $167,600
2013 $3,440 $246,000 $95,800 $150,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1892807

Northwest Multiple Listing Service (NWMLS)

APN: 004381-820-005-00