Listed by Windermere Real Estate/East, Bought with The Landmark Group
NOT LISTED FOR SALE
-- Bed
-- Bath
12,084 Sq Ft
17,929 Sq Ft

Last Sold September 29, 2020

Last sale price $2,350,000 $194 Per Sq Ft

23 Days on Market

Highlights

  • 0.41 Acre Lot
  • Thermal Windows
  • Property is in very good condition
  • Territorial View
  • High Speed Internet
  • Wood Siding

About This Home

As of September 2020

Rare Investor Opportunity! Immaculate well-maintained 12 unit apartment located near downtown Everett. This turn-key property with two 6-unit buildings situated on 3 parcels. The updated units mix townhouse + flat layouts. 4 units = 1 bed/ 1 bath flats, 4 units = 2 bed/1 bath flats, 4 units = 2 bed/ 2 bath townhouses. 20 bed /16 bath total. All units w/ private laundry! 15 carport parking spots. List price reflects a 5% Cap Rate per market study appraisal report available for prospective buyers.

Last Agent to Sell the Property

Jason Decker

Windermere Real Estate/East License #49464 Listed on: 05/15/2020

Windermere Real Estate/East

Last Buyer's Agent

Loren Chotzen

The Landmark Group License #12243

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1600000

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,105

Year Built

  • Built in 1989

Lot Details

  • 0.41 Acre Lot
  • Property is in very good condition

Parking

  • 15 Parking Spaces

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 12,084 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Jackson Elementary School
  • North Mid Middle School
  • Everett High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • The Garden Court Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 24,25,26 / 823
  • Assessor Parcel Number 00436982302200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,105

Year Built

Built in 1989

Lot Details

0.41 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1989
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Garden Court
  • New Construction: No
  • CalculatedSquareFootage: 12084
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: THREE PERCENT!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • 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: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 15
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 15

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Everett
  • WaterCompany: Everett

Fee Information

  • Annual Fuel Expense: 1200

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: North Mid

Lot Info

  • Parcel Number: 00436982302200
  • Lot Size Acres: 0.4116
  • Lot Size: 110x163=17,930
  • Lot Size Sq Ft: 17930
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: tax records
  • ZoningJurisdiction: City
  • LotNumber: 24,25,26

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 15645

Tax Info

  • Year: 2020
  • Tax Annual Amount: 16105

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 100
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Jackson Elem
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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 List to Sale Price per Sq Ft
09/29/2020 09/29/20 Sold $2,350,000 -9.6% $194 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $2,600,000 0.0% $215 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $2,600,000 -- $215 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $20,457 $2,262,100 $311,700 $1,950,400
2024 $20,457 $2,382,000 $311,700 $2,070,300
2023 $19,215 $2,340,000 $291,300 $2,048,700
2022 $19,566 $2,137,000 $220,400 $1,916,600
2020 $18,151 $1,617,000 $183,100 $1,433,900
2019 $16,106 $1,444,000 $177,900 $1,266,100
2018 $14,517 $1,193,000 $115,600 $1,077,400
2017 $13,134 $1,075,000 $80,400 $994,600
2016 $11,612 $999,000 $65,000 $934,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1600000

Northwest Multiple Listing Service (NWMLS)

APN: 00436982302200

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