Listed by Hume Real Estate, Bought with KW Everett
NOT LISTED FOR SALE

Estimated Value: $1,047,000 - $1,407,000

Studio
4 Baths
4,262 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,150,000 $270 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,092/month

4 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • No HOA

About This Home

As of March 2022

Investor alert! This 4-plex is centrally located in Everett. It is close to Everett Naval Base, Boeing, Paine Field, Marina, YMCA, Hospitals, Everett Community College, Bus routes, I-5 and many local attractions. All tenants are month to month and rents haven't been raised in years. Current rents could potentially go for $1400+ per month(currently at $1000). Each unit has individual parking, stove-range, dishwasher, refrigerator. W-D hookups. New roof in 2016.

Last Agent to Sell the Property

Steven Hume

Hume Real Estate License #21016414 Listed on: 02/18/2022

Last Buyer's Agent

Danielle Robinett

KW Everett License #113291

KW Everett

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1890749

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,334

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,262 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Everett Div A Condos
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00436982101200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,334

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1980
  • Buyer Agency Compensation: 1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Div A
  • New Construction: No
  • CalculatedSquareFootage: 4262
  • 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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: 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: 00436982101200
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public records
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 4800

Tax Info

  • Year: 2022
  • Tax Annual Amount: 7334

Multi Family

  • Number Of Units Total: 5
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2000
Sold by
Venema Sjoerd A and Venema Margaret E
Bought by
Donk Larry and Donk Debbie D
Current Estimated Value
$1,219,238

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
Outstanding Balance
$66,698
Interest Rate
8.5%
Estimated Equity
$1,145,469
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Donk Larry $250,000 Island Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donk Larry $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,150,000 +4.5% $270 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $1,100,000 -- $258 / 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 $8,674 $1,060,000 $298,200 $761,800
2024 $8,674 $1,010,000 $298,200 $711,800
2023 $7,883 $960,000 $274,100 $685,900
2022 $7,334 $801,000 $204,400 $596,600
2020 $7,644 $681,000 $162,500 $518,500
2019 $6,781 $608,000 $151,600 $456,400
2018 $6,011 $494,000 $118,600 $375,400
2017 $5,070 $415,000 $108,800 $306,200
2016 $4,428 $381,000 $102,600 $278,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1890749

Northwest Multiple Listing Service (NWMLS)

APN: 004369-821-012-00