Listed by John L. Scott Everett, Bought with CENTURY 21 Real Estate Center
NOT LISTED FOR SALE

Estimated Value: $1,213,000

0.35 Acre
$3,465,714 Price per Acre
15,246 Sq Ft Lot

Last Sold December 29, 2021

Last sale price $987,255

Est. 23% increase in value since last sale

Current estimated payment $6,497/month

4 Days on Market

Highlights

  • 0.35 Acre Lot
  • Territorial View
  • Corner Lot

About This Lot

As of December 2021

Absolutely amazing opportunity in Downtown Everett. Over 15,000 square feet of land on 2 separate parcels with Colby Ave frontage. A corner lot with alley access, all utilities ready to go. One parcel is vacant land. The 2nd has a stunning 2,000+ sq. ft. building-currently being used as a law firm. While property has been rezoned to UR4 the current commercial use is grandfathered in. Possibilities are endless… Keep the building and grounds as-is? How about keeping the existing structure and building a multifamily on the other lot? Tear down building and construct a 24-unit condominium? The list keeps going on this prime location. They just don’t come around any nicer than this one! (Byer to verify all information)

Last Agent to Sell the Property

Rod Koon

John L. Scott Everett License #13721 Listed on: 10/29/2021

John L. Scott Everett

Last Buyer's Agent

Chris Vallo

CENTURY 21 Real Estate Center License #37068

CENTURY 21 Real Estate Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1857947

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,403

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 135' x 113'
  • Corner Lot
  • Level Lot
  • Zoning described as UR-4

Property Views

  • Territorial Views

Schools

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

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 25
  • Assessor Parcel Number 00451402501200

Property Details

Property Type

Land

Est. Annual Taxes

$7,403

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 42 - Multi-Family
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed
  • Restrictions: Unknown
  • Improvements: Cable TV Available,Fenced-Partially
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Multi Family
  • RoadInformation: Paved
  • RoadOnWhichSide: West & South
  • WaterJurisdiction: City of Everett

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: On Property
  • GasStatus: On Property

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00451402501200
  • Topography: Level
  • Lot Size Acres: 0.35
  • Lot Size: 135' x 113'
  • Lot Size Sq Ft: 15246
  • Zoning Description: UR-4
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,See Remarks
  • LotNumber: 12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7403

MLS Schools

  • Elementary School: Jackson Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Dec 23, 2021
Sold by
Cf Properties & Investments Llc
Bought by
3731 Colby Ave Llc
Seller's Agent
Rod Koon
John L. Scott Everett
Buyer's Agent
Chris Vallo
CENTURY 21 Real Estate Center
List Price
$987,255
Sold Price
$987,255
Current Estimated Value
$1,213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,745
Avg. Annual Appreciation
5.63%
Original Mortgage
$740,441
Outstanding Balance
$681,011
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$531,989
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
3731 Colby Ave Llc $987,255 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3731 Colby Ave Llc $740,441
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2021 12/29/21 Sold $987,255 0.0% --
11/02/2021 11/02/21 Pending -- -- --
10/29/2021 10/29/21 For Sale $987,255 -- --
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 $782 $91,000 $91,000 --
2024 $782 $91,000 $91,000 --
2023 $747 $91,000 $91,000 $0
2022 $782 $85,400 $85,400 $0
2020 $959 $85,400 $85,400 $0
2019 $953 $85,400 $85,400 $0
2018 $1,594 $131,000 $131,000 $0
2017 $1,601 $131,000 $131,000 $0
2016 $1,523 $131,000 $131,000 $0
2015 $1,616 $131,000 $131,000 $0
2013 $1,832 $131,000 $131,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1857947

Northwest Multiple Listing Service (NWMLS)

APN: 004514-025-012-00