NOT LISTED FOR SALE

Estimated Value: $536,000 - $641,000

6 Beds
6 Baths
1,576 Sq Ft
$366/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2020

Last sale price $345,000 $219 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,475 / mo

110 Days on Market

About This Home

As of August 2020

This quaint 1911 triplex offers a great investment opportunity for a qualified investor looking for upside. The building provides great upside or potential development on a corner lot all within a 1/4 mile of downtown Everett. All units are fully occupied with rents below market. On current rents, an investor can expect 5% Cap, and with modest rent increases one could easily realize an 8.5 CAP!

Last Agent to Sell the Property

Ted Wood

Capstone Commercial License #131981 Listed on: 04/01/2020

Co-Listed By

Patrick Riley

Capstone Commercial License #112448

Last Buyer's Agent

Ted Wood

Capstone Commercial License #131981 Listed on: 04/01/2020

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1597694

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1901

Lot Details

  • 5,662

Parking

  • Open Parking

Home Design

  • Triplex
  • Composition Roof

Additional Features

  • 2-Story Property
  • 5,662 Sq Ft Lot

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00437582501700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,919

Year Built

Built in 1901

Lot Details

5,662 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1901
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00437582501700
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2350

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2919

Multi Family

  • Number Of Units Total: 3
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Aug 18, 2020
Sold by
Bought by
Seller's Agent
Ted Wood
Capstone Commercial
Buyer's Agent
Ted Wood
Capstone Commercial
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$576,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,871
Avg. Annual Appreciation
9.20%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$345,000 Rainier Title
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/19/2020 08/19/20 Sold $345,000 -1.4% $219 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $350,000 0.0% $222 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $350,000 0.0% $222 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $350,000 -- $222 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,302 $503,500 $314,000 $189,500
2025 $4,073 $493,500 $304,000 $189,500
2024 $4,073 $474,300 $304,000 $170,300
2023 $3,574 $435,200 $280,000 $155,200
2022 $3,295 $359,900 $210,000 $149,900
2020 $2,920 $260,100 $176,400 $83,700
2019 $2,814 $252,300 $171,200 $81,100
2018 $2,677 $220,000 $124,500 $95,500
2017 $2,358 $193,000 $113,200 $79,800
2016 $2,022 $174,000 $106,800 $67,200
2015 $2,024 $164,000 $106,800 $57,200
2013 $2,083 $149,000 $98,900 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1597694

Northwest Multiple Listing Service (NWMLS)

APN: 004375-825-017-00

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