Listed by Windermere Real Estate/M2, LLC, Bought with RE/MAX Alliance
NOT LISTED FOR SALE

Estimated Value: $648,074 - $765,000

4 Beds
2 Baths
2,082 Sq Ft
$343/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $515,000 $247 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,195/month

59 Days on Market

Highlights

  • Deck
  • Ceramic Tile Flooring
  • Partially Fenced Property
  • Secluded Lot
  • High Speed Internet
  • Wood Siding

About This Home

As of January 2020

Great investment opportunity near downtown Everett. This property has been well maintained; new roof, water heaters & electrical panels in 2016. Each unit offers over 1,000 square feet with 3 bedrooms, the upper unit has a full bathroom and the lower unit has a .75 bath. In addition, the property has shared laundry area with two off street parking spaces for each unit. Close to I-5, Boeing, & 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: 10/14/2019

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Eileen Loh

RE/MAX Alliance License #128729

RE/MAX Alliance

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1531192

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1906

Lot Details

  • 3,049 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,082 Sq Ft Home
  • 3-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00451401000800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1906
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2082
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 1968

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00451401000800
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3425

Multi Family

  • Gross Scheduled Income: 41100
  • Net Operating Income: 32005
  • Number Of Units Total: 2
  • Insurance Expense: 1072
  • Leasable Area: 2082
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 4000

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Lue Family Revocable Trust
Bought by
Garken Lue Stanley and Li Lue Denise
Current Estimated Value
$713,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2020
Sold by
Lue Stanley and Lue Denise Li
Bought by
Lue Family Revocable Trust

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 22, 2020
Sold by
Reinecke Brock and Reinecke Elisabeth
Bought by
Lue Denise Li and Lue Stanley
Seller's Agent
Dan Gunderson
Windermere Real Estate/M2, LLC
Buyer's Agent
Eileen Loh
RE/MAX Alliance
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$386,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2017
Closed on
May 31, 2017
Sold by
Stabbert Richard
Bought by
Reinecke Brock
Seller's Agent
Chris Erdmann
eXp Commercial, LLC
Buyer's Agent
Dan Gunderson
Windermere Real Estate/M2, LLC
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$441,440
Interest Rate
4.02%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 2016
Sold by
Veristone Fund I Llc
Bought by
Stabbert Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,224
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 2016
Sold by
Pham Tin N and Pham Diem Thuy T
Bought by
Stabbert Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,224
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2005
Sold by
Smith Mark D and Smith Christine A
Bought by
Pham Tin N and Pham Diem Thuy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,800
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2005
Sold by
Folkesson Lars G
Bought by
Smith Mark D and Smith Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garken Lue Stanley -- New Title Company Name
Lue Family Revocable Trust $313 New Title Company Name
Lue Stanley Garken $313 New Title Company Name
Lue Family Revocable Trust -- None Available
Lue Denise Li $515,000 Cw Title
Reinecke Brock $435,000 First American Title Ins Co
Stabbert Richard -- Accommodation
Stabbert Richard $237,643 None Available
Pham Tin N $264,000 Pnwt
Smith Mark D $195,000 Pnwt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lue Family Revocable Trust $382,500
Previous Owner Lue Denise Li $386,250
Previous Owner Reinecke Brock $441,440
Previous Owner Stabbert Richard $196,224
Previous Owner Pham Tin N $52,800
Previous Owner Pham Tin N $211,200
Previous Owner Smith Mark D $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $515,000 -1.9% $247 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $525,000 0.0% $252 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $525,000 0.0% $252 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $525,000 +20.7% $252 / Sq Ft
07/03/2017 07/03/17 Sold $435,000 -3.3% $189 / Sq Ft
05/28/2017 05/28/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $450,000 0.0% $196 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $450,000 -- $196 / 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 $4,931 $560,000 $272,700 $287,300
2024 $4,931 $574,200 $272,700 $301,500
2023 $4,654 $566,700 $242,700 $324,000
2022 $4,624 $505,000 $188,400 $316,600
2020 $4,216 $375,600 $163,500 $212,100
2019 $4,000 $358,600 $158,400 $200,200
2018 $2,799 $346,900 $158,400 $188,500
2017 $2,468 $202,000 $89,700 $112,300
2016 $2,081 $179,000 $86,300 $92,700
2015 $2,073 $168,000 $86,300 $81,700
2013 $2,209 $158,000 $86,300 $71,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1531192

Northwest Multiple Listing Service (NWMLS)

APN: 004514-010-008-00