Listed by Windermere Real Estate/M2, LLC
NOT LISTED FOR SALE

Estimated Value: $755,971 - $855,000

4 Beds
2 Baths
2,234 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $502,950 $225 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,767/month

5 Days on Market

Highlights

  • Softwood Flooring
  • High Speed Internet
  • Wood Siding

About This Home

As of June 2019

Great investment opportunity near downtown Everett and Forest Park. Built in 1920 as a duplex, this property has been well maintained. Perfect for both the investor and for an owner occupant. Each unit offers over 1100 square feet on the main and upper levels with 2 bedrooms and 1 bathroom. In addition, each has a one-car garage with laundry. Close to I-5, Boeing, and Paine Field, and walking distance to several amenities including grocery, bus line, parks, and schools.

Last Agent to Sell the Property

Dan Gunderson

Windermere Real Estate/M2, LLC License #16323 Listed on: 05/21/2019

Windermere Real Estate/M2, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1460464

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,263

Year Built

  • Built in 1920

Lot Details

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

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,234 Sq Ft Home
  • 3-Story Property

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Concrete
  • Ceramic Tile

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

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

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • North Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00451500701102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,263

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1920
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2234
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Softwood, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Concrete, Fir/Softwood, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 0

Schools

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

Lot Info

  • Parcel Number: 00451500701102
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2990

Multi Family

  • Gross Scheduled Income: 35880
  • Net Operating Income: 25548
  • Number Of Units Total: 2
  • Insurance Expense: 875
  • Leasable Area: 3658
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5263

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 20, 2019
Sold by
Colombo Gian and Ivy Justine
Bought by
Graves Aaron M and Graves Jessica L
Seller's Agent
Dan Gunderson
Windermere Real Estate/M2, LLC
List Price
$499,950
Sold Price
$502,950
Premium/Discount to List
$3,000
0.6%
Current Estimated Value
$802,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,543
Avg. Annual Appreciation
7.36%
Original Mortgage
$377,213
Outstanding Balance
$335,127
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$449,173

Purchase Details

Closed on
Jan 24, 2015
Sold by
Colombo Lynda
Bought by
Colombo Carlo and Colombo Justine

Purchase Details

Closed on
Jul 18, 2013
Sold by
Colombo Carlo A and Colombo Lynda
Bought by
Colombo Lynda

Purchase Details

Closed on
Aug 25, 1999
Sold by
Toombs Robert I and Toombs Myrna M
Bought by
Colombo Carlo A and Colombo Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.56%
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
Graves Aaron M $502,950 Cw Title
Colombo Carlo -- None Available
Colombo Lynda -- None Available
Colombo Carlo A $173,000 Pacific Northwest Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graves Aaron M $377,213
Previous Owner Colombo Carlo A $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $502,950 +0.6% $225 / Sq Ft
05/26/2019 05/26/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $499,950 -- $224 / 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 $6,139 $765,300 $323,400 $441,900
2024 $6,139 $714,800 $294,000 $420,800
2023 $6,647 $809,500 $313,600 $495,900
2022 $6,069 $662,900 $243,500 $419,400
2020 $5,903 $525,900 $164,900 $361,000
2019 $5,306 $475,700 $170,700 $305,000
2018 $5,263 $432,500 $145,500 $287,000
2017 $5,459 $446,800 $126,100 $320,700
2016 $4,892 $420,900 $113,500 $307,400
2015 $4,458 $361,300 $95,100 $266,200
2013 $2,999 $214,500 $79,500 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1460464

Northwest Multiple Listing Service (NWMLS)

APN: 004515-007-011-02