Listed by Windermere R.E./Snohomish Inc., Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,025,000

-- Bed
4 Baths
2,700 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $760,000 $281 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,629/month

245 Days on Market

Highlights

  • City View
  • Wood Siding
  • 1-Story Property
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of March 2019

RECENT RENT INCREASES HAVE IMPROVED PERFORMANCE! 4-PLEX on 1-lot ( .37 Acre+/- ) on corner just off Evergreen Way in Everett. Zoned R4, 1-Unit per 750 SqFt, height limit 45'! Current Gross Monthly Income of $4143, rents below potential, coin-op laundry rm, new roof about a year ago. Plans for an additional 5-Units behind existing 4-Units; each Unit +/- 1400 SqFt with 2-Car garages! HUGE POTENTIAL on this property! Great location, close to bus stops, commute routes, shopping, etc...

Last Agent to Sell the Property

Kevin Shinn

Windermere R.E./Snohomish Inc. License #7236 Listed on: 06/30/2018

Windermere R.E./Snohomish Inc.

Last Buyer's Agent

Magali Jaenz

Kelly Right RE of Seattle LLC License #75554

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1321075

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1955

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Property Views

  • City
  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • View Ridge Elementary School
  • Evergreen Mid Middle School
  • Everett High School

Community Details

  • West Ridge Condos
  • Evergreen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00611100000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,841

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1955
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: West Ridge
  • New Construction: No
  • CalculatedSquareFootage: 2700
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition, See Remarks
  • View: City, Mountain(s), Territorial
  • Lot Features: Alley, Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Quadruplex
  • ConstructionMethods: Standard Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Everett
  • High School: Everett High
  • Middle Or Junior School: Evergreen Mid

Lot Info

  • Parcel Number: 00611100000900
  • Lot Size Acres: 0.3671
  • Lot Size Sq Ft: 15991
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Seller's Survey
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 4143

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5841

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: View Ridge Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Mar 6, 2019
Sold by
Sekulich James C and Sekulich Merrie C
Bought by
Danys Property Maintenance Llc
Seller's Agent
Kevin Shinn
Windermere R.E./Snohomish Inc.
Buyer's Agent
Magali Jaenz
Kelly Right RE of Seattle LLC
List Price
$865,000
Sold Price
$760,000
Premium/Discount to List
-$105,000
-12.14%
Current Estimated Value
$961,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,000
Avg. Annual Appreciation
3.50%
Original Mortgage
$775,000
Outstanding Balance
$681,357
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$279,643

Purchase Details

Closed on
Mar 24, 2008
Sold by
Dubis Don and Dubis Margy A
Bought by
Sekulich James C and Sekulich Merrie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,450
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1993
Sold by
Bussell Lionel F
Bought by
Dubis Don and Dubis Margy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Danys Property Maintenance Llc $760,000 Chicago Title
Sekulich James C $469,950 Chicago Title
Dubis Don $150,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danys Property Maintenance Llc $775,000
Previous Owner Sekulich James C $352,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $760,000 -3.2% $281 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
08/07/2018 08/07/18 Price Changed $785,000 -9.2% $291 / Sq Ft
06/30/2018 06/30/18 For Sale $865,000 -- $320 / 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 $7,128 $839,000 $489,300 $349,700
2024 $7,128 $830,000 $463,600 $366,400
2023 $6,504 $792,000 $443,600 $348,400
2022 $7,041 $769,000 $350,200 $418,800
2020 $8,138 $725,000 $288,200 $436,800
2019 $6,157 $552,000 $193,400 $358,600
2018 $5,841 $480,000 $248,500 $231,500
2017 $4,276 $350,000 $248,500 $101,500
2016 $3,778 $325,000 $248,500 $76,500
2015 $3,578 $290,000 $243,800 $46,200
2013 $3,915 $280,000 $221,900 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1321075

Northwest Multiple Listing Service (NWMLS)

APN: 006111-000-009-00