Listed by KW North Sound, Bought with RSVP Brokers ERA
NOT LISTED FOR SALE

3618 Lombard Ave Unit 1-4 Everett, WA 98201

Port Gardner Neighborhood

Estimated Value: $1,099,000 - $1,335,000

8 Beds
4 Baths
3,300 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,125,000 $341 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,121/month

46 Days on Market

Highlights

  • Mountain View
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Open Space

About This Home

As of December 2021

The Crown Jewel of any rental portfolio. This well kept, fully rented fourplex is situated in a quiet little residential neighborhood one block from Funko Field (Aquasox's stadium). This property has great walkability, only 4 mins from downtown, and 2 mins from I-5 this property perfect for anyone that loves downtown living without having to be downtown. Don't miss out on your opportunity to own this sweet piece of Everett.

Last Agent to Sell the Property

Stefan Welch

KW North Sound License #90296 Listed on: 10/14/2021

KW North Sound

Last Buyer's Agent

Cameron Foss

RSVP Brokers ERA License #122133

RSVP Brokers ERA

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1852815

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,809

Year Built

  • Built in 1974

Lot Details

  • 5,663 Sq Ft Lot
  • Open Space
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Block Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Schools

  • Jackson Elementary School
  • North Mid Middle School

Utilities

  • Cable TV Available

Community Details

  • Everett Div M Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 881
  • Assessor Parcel Number 00438188102300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,809

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Everett Div M
  • New Construction: No
  • CalculatedSquareFootage: 3300
  • SOCComments: Thanks for showing!
  • Special Features: None
  • Cumulative Days on Market: 391

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Alley, Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Block
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Sno PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3690

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00438188102300
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 23

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4684

Multi Family

  • Gross Scheduled Income: 56208
  • Net Operating Income: 38729
  • Number Of Units Total: 4
  • Insurance Expense: 1805
  • Leasable Area: 3300
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6809

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 21, 2021
Sold by
Kimball Matthew
Bought by
Kitono Samuel
Seller's Agent
Stefan Welch
KW North Sound
Buyer's Agent
Cameron Foss
RSVP Brokers ERA
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Current Estimated Value
$1,218,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,194
Avg. Annual Appreciation
1.91%
Original Mortgage
$843,750
Outstanding Balance
$785,927
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$419,406

Purchase Details

Closed on
Sep 20, 2021
Sold by
Kimball Angie
Bought by
Kimball Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2021
Sold by
Mize Robert J and Mize Diann M
Bought by
Kimball Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2021
Sold by
Turnip Hill Llc
Bought by
Mize Robert J and Mize Diann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 2020
Sold by
Mize Robert J and Mize Diann M
Bought by
Turnip Hill Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2020
Sold by
Turnip Hill Llc
Bought by
Mize Robert J and Mize Diann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2012
Sold by
Mize Robert J and Mize Diann M
Bought by
Turnip Hill Llc

Purchase Details

Closed on
Jul 13, 2005
Sold by
Hofmann Arnold R and Hofmann Vicki G
Bought by
Mize Robert J and Mize Diann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
5.55%
Mortgage Type
New Conventional
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
Kitono Samuel $1,125,000 Fidelity National Title
Kimball Matthew -- Modus Title
Kimball Matthew $800,000 Modus Title
Mize Robert J -- Modus
Turnip Hill Llc -- None Available
Mize Robert J -- Rainier Title
Turnip Hill Llc -- None Available
Mize Robert J $364,000 Lawyers Title Agency Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samuel Kitono $127,775
Open Kitono Samuel $843,750
Previous Owner Kimball Matthew $800,000
Previous Owner Mize Robert J $269,000
Previous Owner Mize Robert J $301,750
Previous Owner Mize Robert J $303,500
Previous Owner Mize Robert J $200,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $1,125,000 0.0% $341 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
11/15/2021 11/15/21 Price Changed $1,125,000 -6.3% $341 / Sq Ft
10/14/2021 10/14/21 For Sale $1,200,000 -- $364 / 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 $7,867 $940,000 $298,900 $641,100
2024 $7,867 $916,000 $298,900 $617,100
2023 $7,226 $880,000 $274,900 $605,100
2022 $6,070 $663,000 $204,900 $458,100
2020 $6,264 $558,000 $162,900 $395,100
2019 $5,554 $498,000 $151,900 $346,100
2018 $5,135 $422,000 $119,400 $302,600
2017 $4,374 $358,000 $109,500 $248,500
2016 $3,685 $317,000 $103,300 $213,700
2015 $3,677 $298,000 $103,300 $194,700
2013 $3,775 $270,000 $95,700 $174,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1852815

Northwest Multiple Listing Service (NWMLS)

APN: 004381-881-023-00