Listed by Skyline Properties, Inc., Bought with Real Broker LLC
NOT LISTED FOR SALE

Estimated Value: $1,267,000 - $1,442,567

6 Beds
4 Baths
4,171 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,260,000 $302 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,827/month

71 Days on Market

Highlights

  • Built in 2019 | Newly Remodeled
  • Deck
  • Patio
  • Mountain View
  • Engineered Wood Flooring
  • High Speed Internet

About This Home

As of October 2021

Amazing four-plex opportunity in an excellent convenient quite location. Property includes a new construction two story triplex building and an updated 3bed & 1.5 bath single family existing unit. All units include new appliances including washer/dryer in-units. New Triplex has a two bed, two bath and office/studio on main floor and two of the one bed, one bath units with nice open layout and patios to capture the mountain view on the second floor. Total 6 private off street dedicated parking spaces. Excellent cap rate, good rents below market rates, low maintenance building. High demand rental market makes this property an extremely solid investment. Property is very close to Downtown Everett and all the amenities that surround the area.

Last Agent to Sell the Property

Harkanwaljit Sandhu

Skyline Properties, Inc. License #104540 Listed on: 06/27/2021

Skyline Properties, Inc.

Last Buyer's Agent

Mindy Newton

Real Broker LLC License #24287

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1792633

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,064

Year Built

  • Built in 2019 | Newly Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Property is in very good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 4,171 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Jackson Elementary School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 & 12 / 11
  • Assessor Parcel Number 00451401101100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,064

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2019
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 4171
  • EffectiveYearBuiltSource: Public Records
  • NewConstruction: Completed
  • Special Features: 4098

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00451401101100
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Patio
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 11 & 12

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6064

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 240
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2021
Closed on
Oct 7, 2021
Sold by
Sidhu Surinder S and Sidhu Sukhpal
Bought by
Clark Bruce David and Clark Rachael Lynn
Seller's Agent
Harkanwaljit Sandhu
Skyline Properties, Inc.
Buyer's Agent
Mindy Newton
Real Broker LLC
List Price
$1,350,000
Sold Price
$1,260,000
Premium/Discount to List
-$90,000
-6.67%
Current Estimated Value
$1,341,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,892
Avg. Annual Appreciation
1.48%
Original Mortgage
$801,520
Outstanding Balance
$730,911
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$610,981

Purchase Details

Closed on
Jul 20, 2007
Sold by
Aalami Abbas and Aalami Cynthia
Bought by
Sidhu Surinder S and Sidhu Sukhpal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,800
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
May 10, 2006
Sold by
Levine Eric S
Bought by
Aalami Abbas and Aalami Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2004
Sold by
Moore Harry W and Moore Rebecca M
Bought by
Levine Eric S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,800
Interest Rate
5.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Bruce David $1,256,900 Rainier Title
Sidhu Surinder S $301,000 Chicago Title
Aalami Abbas $225,000 Old Republic Title Ltd
Levine Eric S $153,500 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Bruce David $801,520
Previous Owner Sidhu Surinder S $240,800
Previous Owner Aalami Abbas $180,000
Previous Owner Levine Eric S $122,800
Closed Levine Eric S $23,025
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2021 10/08/21 Sold $1,260,000 -6.7% $302 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,350,000 0.0% $324 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $1,350,000 -- $324 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $10,220 $1,190,000 $310,200 $879,800
2024 $10,220 $1,190,000 $310,200 $879,800
2023 $9,279 $1,130,000 $286,600 $843,400
2022 $5,844 $638,300 $214,400 $423,900
2020 $6,192 $551,600 $171,500 $380,100
2019 $2,769 $259,200 $171,500 $87,700
2018 $2,052 $168,600 $126,400 $42,200
2017 $1,819 $148,900 $114,900 $34,000
2016 $1,681 $144,600 $108,400 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1792633

Northwest Multiple Listing Service (NWMLS)

APN: 004514-011-011-00