Listed by HomeSmart Real Estate Assoc, Bought with Windermere Real Estate Midtown
NOT LISTED FOR SALE

3505 Lombard Ave Unit A&B Everett, WA 98201

Port Gardner Neighborhood

Estimated Value: $620,000 - $662,267

4 Beds
3 Baths
2,160 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $538,000 $249 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,787/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • High Speed Internet
  • Mountain View
  • Bamboo Flooring
  • Property is Fully Fenced

About This Home

As of May 2021

Amazing opportunity to own this Legal Duplex on 2 lots (updated in 1980). Perfect for Investors or Homeowners!
Continue as rental or live in main & rent lower unit - or use as MIL, nanny or? so many options with this one. No vacancies. Double lot
allows one more building for a triplex - buyer to verify. Zoned UR3. Unit A is 4 beds/2 full baths- 1344 sqft/$1750/mo rent.
Unit B is 2 bedrooms/1 full bath-816 sqft/$1000/mo rent. Tenants pay electricity & garbage. Updates: Roof, fence, exterior
stairs, vinyl windows, vinyl siding, paint inside & out. Updated plumbing & electrical. New floors in lower unit & some
new floors upstairs w/original Fir floors. Huge backyard w/ storage shed & mountain views; fully fenced property, Sold AS-IS.

Last Agent to Sell the Property

Lorean Peterson

HomeSmart Real Estate Assoc License #120975 Listed on: 03/31/2021

HomeSmart Real Estate Assoc

Last Buyer's Agent

Tim Lenihan

Windermere Real Estate Midtown License #27969

Windermere Real Estate Midtown

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1749165

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 1915

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Property Views

  • Mountain
  • Limited

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Bamboo
  • Softwood
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Everett/ Division E Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 & 4 / 857
  • Assessor Parcel Number 00437385700300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,999

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1915
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett/ Division E
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Bamboo/Cork, Softwood, Laminate, Vinyl
  • Interior Amenities: Forced Air, Fir/Softwood, Laminate, Bamboo/Cork
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Partial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works
  • WaterSewerGarbage: 1680

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00437385700300
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: Public/ MLS
  • ZoningJurisdiction: City
  • LotNumber: 3 & 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Multi Family

  • Gross Scheduled Income: 33000
  • Net Operating Income: 26621
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 2160
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3999

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Apr 29, 2021
Sold by
Holindrake Gina and Cominos Nick P
Bought by
Bishop Erik Singleton and Bishop Victoria Wong
Seller's Agent
Lorean Peterson
HomeSmart Real Estate Assoc
Buyer's Agent
Tim Lenihan
Windermere Real Estate Midtown
List Price
$535,000
Sold Price
$538,000
Premium/Discount to List
$3,000
0.56%
Current Estimated Value
$641,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,817
Avg. Annual Appreciation
4.09%
Original Mortgage
$403,500
Outstanding Balance
$365,100
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$276,717

Purchase Details

Listed on
Jul 25, 2016
Closed on
Sep 20, 2016
Sold by
Pham Nguyen and Le Dien N
Bought by
Holindrake Gina and Cominos Nick P
Seller's Agent
My-Lan Bui
Alpine Real Estate, LLC
Buyer's Agent
Lorean Peterson
HomeSmart Real Estate Assoc
List Price
$319,950
Sold Price
$317,500
Premium/Discount to List
-$2,450
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$238,000
Interest Rate
2.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
U S Bank National Association
Bought by
Pham Nguyen

Purchase Details

Closed on
Feb 13, 2013
Sold by
Bono Howard L and Bono Barbara J
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 28, 1998
Sold by
Caudle Patrick H and Caudle Clara B
Bought by
Bono Howard L and Bono Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.9%
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
Bishop Erik Singleton $538,000 Old Republic Title Ltd
Holindrake Gina $317,500 Ticor Title
Pham Nguyen $155,280 Ticor Title Company
U S Bank National Association $289,604 Nextitle
Bono Howard L $172,000 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bishop Erik Singleton $403,500
Previous Owner Holindrake Gina $238,000
Previous Owner Bono Howard L $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $538,000 +0.6% $249 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $535,000 +68.5% $248 / Sq Ft
09/26/2016 09/26/16 Sold $317,500 -0.8% $147 / Sq Ft
08/17/2016 08/17/16 For Sale $319,950 0.0% $148 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/07/2016 08/07/16 Pending -- -- --
07/25/2016 07/25/16 For Sale $319,950 -- $148 / 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 $4,602 $529,700 $278,100 $251,600
2024 $4,602 $535,800 $299,000 $236,800
2023 $4,034 $491,300 $275,000 $216,300
2022 $3,932 $429,500 $205,000 $224,500
2020 $4,086 $364,000 $163,000 $201,000
2019 $3,796 $340,300 $152,000 $188,300
2018 $3,626 $298,000 $119,500 $178,500
2017 $2,639 $216,000 $109,600 $106,400
2016 $2,267 $195,000 $103,400 $91,600
2015 $2,258 $183,000 $103,400 $79,600
2013 $2,293 $164,000 $95,800 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1749165

Northwest Multiple Listing Service (NWMLS)

APN: 004373-857-003-00