Listed by Northmarq Multifamily, LLC, Bought with Waterstone Properties
NOT LISTED FOR SALE

Estimated Value: $1,108,000 - $1,330,000

-- Bed
4 Baths
3,456 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $560,000 $162 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,124/month

5 Days on Market

About This Home

As of October 2016

Meticulously maintained 4-plex in the heart of Everett. Fresh exterior paint and new pitched composite roof. Each unit is a spaciously laid out 2 bedroom / 1 bath apartment with full size W/D. Rents are VERY below market and should be renting for $1,050/mo. Two units updated recently with new paint and flooring. Each unit comes with two parking spaces.

Last Agent to Sell the Property

Steve Fischer

Northmarq Multifamily, LLC License #87455 Listed on: 08/15/2016

Co-Listed By

Tyler Smith

Northmarq Multifamily, LLC License #24028396

Last Buyer's Agent

Zach Schwarzmiller

Waterstone Properties License #109343

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1015492

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 1975

Lot Details

  • 6,098 Sq Ft Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00438192202300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,126

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1975
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3456
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 358

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 2634

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00438192202300
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3740

Multi Family

  • Gross Scheduled Income: 44880
  • Net Operating Income: 35358
  • Number Of Units Total: 4
  • Electric Expense: 216
  • Insurance Expense: 1200
  • Leasable Area: 3456
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2016
  • Tax Annual Amount: 4126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Soffer David I
Bought by
Maple Seasons Llc
Current Estimated Value
$1,187,108

Purchase Details

Listed on
Aug 15, 2016
Closed on
Oct 3, 2016
Sold by
Burr Kenneth and Burr Shelley
Bought by
Soffer David I
Seller's Agent
Steve Fischer
Northmarq Multifamily, LLC
Buyer's Agent
Zach Schwarzmiller
Waterstone Properties
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$448,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Meyers Katherine A K
Bought by
Burr Kenneth and Burr Shelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 1996
Sold by
Spelhaug Ronald D and Spelhaug Rita G
Bought by
Meyers Katherine A K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
8.11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Maple Seasons Llc -- None Available
Soffer David I $560,000 First American Title Ins Co
Burr Kenneth $550,000 Stewart Title
Meyers Katherine A K $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soffer David I $595,000
Previous Owner Soffer David I $448,000
Previous Owner Burr Kenneth $288,750
Previous Owner Burr Kenneth $382,700
Previous Owner Burr Kenneth $385,000
Previous Owner Waterside Group Llc $305,000
Previous Owner Meyers Katherine A K $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $560,000 +1.8% $162 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/16/2016 08/16/16 For Sale $550,000 -- $159 / 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 $920,000 $298,900 $621,100
2024 $7,867 $916,000 $298,900 $617,100
2023 $7,226 $880,000 $274,900 $605,100
2022 $6,501 $710,000 $204,900 $505,100
2020 $6,836 $609,000 $162,900 $446,100
2019 $6,068 $544,000 $152,000 $392,000
2018 $5,610 $461,000 $119,400 $341,600
2017 $4,728 $387,000 $109,500 $277,500
2016 $4,126 $355,000 $103,300 $251,700
2015 $4,121 $334,000 $103,300 $230,700
2013 $4,237 $303,000 $95,700 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1015492

Northwest Multiple Listing Service (NWMLS)

APN: 004381-922-023-00