Seller's Agent in 2021
Jeff Ayers
Ayers Commercial Group
(425) 275-2406
2 in this area
11 Total Sales
3617 W Mukilteo Blvd Everett, WA 98203
Boulevard Bluffs NeighborhoodEstimated Value: $1,338,000 - $1,753,000
8
Beds
6
Baths
5,940
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Views of a Sound
- Deck
- Wood Siding
- Mukilteo Elementary School Rated A-
- Ceramic Tile Flooring
- 2-minute walk to Edgewater Park
About This Home
As of December 2021Located on scenic Mukilteo Blvd, the property a rare multi-family property surrounded by upscale homes. Nearby homes on Shore Ave are valued between $1.5-5.0 million. The property is comprised of 2 well-maintained, very large 2-bedroom units at 1,188 square feet, and 2 very large 3-bedroom units at 1,782 square feet, some unit with water views. All apartments come with 2 parking spaces and a storage unit. The building offers investors the unique flexibility to own an income-producing property with the ability to increase cash flow by boosting rents to market rate, or to live in one of the house-sized units, and use the rental income to pay down their mortgage. Pre-inspection available. Rents are under market, listed rents are proforma.
Last Agent to Sell the Property
Ayers Commercial Group License #23034388 Listed on: 11/03/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1861158
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,847
Year Built
- Built in 1983
Lot Details
- 0.28
Property Views
- Views of a Sound
- Limited Views
Home Design
- Quadruplex
- Composition Roof
- Wood Siding
Interior Spaces
- 5,940 Sq Ft Home
- 2-Story Property
Flooring
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Parking
- 8 Parking Spaces
- Open Parking
Additional Features
- Deck
- 0.28 Acre Lot
Community Details
- Edgewater Subdivision
Listing and Financial Details
- Assessor Parcel Number 00433600002602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2021
Closed on
Dec 14, 2021
Sold by
Gardner Wendy Bohn and Featherstone Tara K
Bought by
Patel Nikhil M and Rane Swaroop
Seller's Agent
Jeff Ayers
Ayers Commercial Group
Buyer's Agent
Reid Jones
Westlake Associates, Inc.
List Price
$1,663,200
Sold Price
$1,475,000
Premium/Discount to List
-$188,200
-11.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,197
Avg. Annual Appreciation
2.08%
Original Mortgage
$1,032,500
Outstanding Balance
$966,316
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$621,646
Purchase Details
Closed on
Sep 5, 2003
Sold by
The Jerome W & Carol A Nielsen Family Lp
Bought by
Nielsen Jerome W and Nielsen Carol A
Purchase Details
Closed on
Dec 20, 2002
Sold by
Nielsen Jerome W and Nielsen Carol A
Bought by
Jerome W & Carol A Nielsen Family Ltd Pa
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Nikhil M | $1,475,000 | Chicago Title | |
| Nielsen Jerome W | -- | -- | |
| Jerome W & Carol A Nielsen Family Ltd Pa | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Nikhil M | $1,032,500 | |
| Previous Owner | Nielsen Carol A | $276,200 | |
| Previous Owner | Nielsen Carol A | $297,875 | |
| Previous Owner | Nielsen Jerome W | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2021 12/17/21 | Sold | $1,475,000 | -11.3% | $248 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 11/03/2021 11/03/21 | For Sale | $1,663,200 | -- | $280 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $11,980 | $1,511,000 | $372,400 | $1,138,600 |
| 2024 | $11,980 | $1,511,000 | $383,300 | $1,127,700 |
| 2023 | $11,396 | $1,474,000 | $372,500 | $1,101,500 |
| 2022 | $10,603 | $1,187,000 | $339,800 | $847,200 |
| 2020 | $6,360 | $710,000 | $399,800 | $310,200 |
| 2019 | $6,346 | $720,000 | $237,700 | $482,300 |
| 2018 | $7,355 | $720,000 | $287,100 | $432,900 |
| 2017 | $6,011 | $600,000 | $136,100 | $463,900 |
| 2016 | $5,875 | $580,000 | $130,700 | $449,300 |
| 2015 | $6,046 | $540,000 | $130,700 | $409,300 |
| 2013 | $6,216 | $520,000 | $136,100 | $383,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Ayers
-
Reid Jones
Buyer's Agent in 2021
Reid Jones
Westlake Associates, Inc.
(206) 250-9655
1 in this area
18 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1861158
APN: 004336-000-026-02
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Based on information submitted to the MLS GRID
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