Listed by Coldwell Banker Danforth, Bought with Every Door Real Estate
NOT LISTED FOR SALE

414 Avenue C Snohomish, WA 98290

Estimated Value: $756,000 - $1,094,000

3 Beds
3 Baths
2,011 Sq Ft
$432/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $679,000 $338 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,124/month

10 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Vinyl Plank Flooring
  • Territorial View
  • Patio
  • High Speed Internet

About This Home

As of November 2021

Located in the historic district of Snohomish with close proximity to Hwy 9, this memorable triplex with alley access exudes unrealized potential and is close to Snohomish High School, restaurants, and retail. The building consists of three 1-bedroom apartments:1,000 SF on the first floor & two smaller units on the 2nd level. Leases are month-to-month & the large unit is now vacant. Low vacancy rates & below market current rents offer significant upside. Two units have their own washer & dryers and the 3rd unit having access to W/D in the interior common area. Current below market rents includes storage units and utilities (water, sewer, and garbage). Also on site is a detached 564 SF garage that is mainly used for storage.

Last Agent to Sell the Property

Jim McCarthy

Coldwell Banker Danforth License #23012402 Listed on: 09/29/2021

Coldwell Banker Danforth

Co-Listed By

Brandon Thomas

Coldwell Banker Danforth

Last Buyer's Agent

Ashley Seefeld

Every Door Real Estate License #95866

Every Door Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1846071

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,053

Year Built

  • Built in 1892

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,011 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Fergusons E C 3Rd Add To Snohomish Condos
  • Historic Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 017
  • Assessor Parcel Number 004442-017-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,053

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1892
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Fergusons E C 3rd Add To Snohomish
  • New Construction: No
  • CalculatedSquareFootage: 2011
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, High Efficiency - 90%+, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Snohomish
  • WaterCompany: City of Snohomish
  • WaterSewerGarbage: 2960

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Snohomish
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 004442-017-004
  • Lot Size Acres: 0.17
  • Lot Size: 60*120
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio,Shop
  • MLSLotSizeSource: SKR
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Efficiency: High Efficiency - 90%+, Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 20
  • LeasedItems: None
  • TotalMonthlyIncome: 2960

Multi Family

  • Gross Scheduled Income: 35520
  • Net Operating Income: 25547
  • Number Of Units Total: 3
  • Insurance Expense: 960
  • Leasable Area: 2000
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6053

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 1, 2021
Sold by
Pezoldt Mark R
Bought by
Marzolf Michaelina
Seller's Agent
Jim McCarthy
Coldwell Banker Danforth
Buyer's Agent
Ashley Seefeld
Every Door Real Estate
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$868,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,290
Avg. Annual Appreciation
6.39%
Original Mortgage
$254,000
Outstanding Balance
$232,389
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$635,901
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
Marzolf Michaelina $679,000 Wfg Natl Ttl Co Of Wa Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marzolf Michaelina $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $679,000 -2.9% $338 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $699,000 0.0% $348 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $699,000 -- $348 / 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 $6,412 $735,800 $388,000 $347,800
2024 $6,412 $659,200 $349,200 $310,000
2023 $6,655 $758,600 $378,300 $380,300
2022 $6,341 $587,400 $334,700 $252,700
2020 $5,502 $473,700 $252,200 $221,500
2019 $5,146 $452,200 $232,800 $219,400
2018 $5,243 $385,700 $189,200 $196,500
2017 $4,838 $362,800 $188,200 $174,600
2016 $4,357 $316,700 $168,800 $147,900
2015 $3,514 $244,500 $106,400 $138,100
2013 $2,949 $199,200 $109,300 $89,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1846071

Northwest Multiple Listing Service (NWMLS)

APN: 004442-017-004-00