Listed by John L. Scott Lake Stevens, Bought with CENTURY 21 North Homes Realty
NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,285,557

8 Beds
8 Baths
4,160 Sq Ft
$300/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $1,116,000 $268 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,374/month

1 Day on Market

About This Home

As of November 2021

Well-Maintained 4160 sq. ft. 4-Plex on a Mostly Flat 6534 sq. ft. Lot near Downtown Everett. Custom-Built in 1990 by Seller. Each Unit is 1040 sq. ft. Has Large Living, Kitchen & Dining Rooms, 2 Bedrooms and 2 Full Baths. Space for Washer/Dryer. Four On-site Parking Spaces, Four Storage Units. Upgrades include Vinyl Windows and Siding. Concrete Treads on Staircase to 2nd Floor. Covered Walkways over Entrances. Upstairs Floor Skim-Coated w/ Concrete to Prevent Leaks below & omit Sound. All Tenants are Month to Month. Rents are under Market Rate due to Long-Term Tenancies & Friendships w/Landlord. Great Territorial Views from Upstairs. Grounds Well Maintained and Very Manageable. Great Location. Very Nice Neighborhood. Great Building!

Last Agent to Sell the Property

Steve Strong

John L. Scott Lake Stevens License #84445 Listed on: 10/27/2021

John L. Scott Lake Stevens

Last Buyer's Agent

David Wallace

CENTURY 21 North Homes Realty License #125837

CENTURY 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1857256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,056

Year Built

  • Built in 1990

Lot Details

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

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Fridays 1St Addition Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 11&12 / 26
  • Assessor Parcel Number 00451402601100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,056

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1990
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fridays 1st Addition
  • New Construction: No
  • CalculatedSquareFootage: 4160
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 3553

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00451402601100
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 11&12

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 24
  • LeasedItems: None
  • TotalMonthlyIncome: 3490

Multi Family

  • Gross Scheduled Income: 41880
  • Net Operating Income: 23556
  • Number Of Units Total: 1
  • Insurance Expense: 2138
  • Leasable Area: 4160
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 15, 2021
Sold by
Visscher Sadie and Westra Sharon J
Bought by
Reed Russell Edwin and Reed Michelle Tashya
Seller's Agent
Steve Strong
John L. Scott Lake Stevens
Buyer's Agent
David Wallace
CENTURY 21 North Homes Realty
List Price
$1,025,000
Sold Price
$1,116,000
Premium/Discount to List
$91,000
8.88%
Current Estimated Value
$1,246,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,139
Avg. Annual Appreciation
2.91%
Original Mortgage
$826,000
Outstanding Balance
$757,515
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$488,624

Purchase Details

Closed on
Mar 12, 2003
Sold by
Visscher Herman J and Visscher Sadie
Bought by
Visscher Herman John and Visscher Sadie
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
Reed Russell Edwin $1,116,000 Chicago Title Company Of Wa
Visscher Herman John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Russell Edwin $826,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $1,116,000 +8.9% $268 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $1,025,000 -- $246 / 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 $9,206 $1,080,000 $305,200 $774,800
2024 $9,206 $1,072,000 $305,200 $766,800
2023 $8,376 $1,020,000 $281,600 $738,400
2022 $7,874 $860,000 $209,400 $650,600
2020 $8,206 $731,000 $166,500 $564,500
2019 $7,149 $641,000 $155,100 $485,900
2018 $6,608 $543,000 $125,000 $418,000
2017 $5,571 $456,000 $114,600 $341,400
2016 $4,777 $411,000 $108,200 $302,800
2015 $4,652 $377,000 $108,200 $268,800
2013 $4,782 $342,000 $100,100 $241,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1857256

Northwest Multiple Listing Service (NWMLS)

APN: 004514-026-011-00