Listed by Berkshire Hathaway HS SP, Bought with Northmarq Multifamily, LLC
NOT LISTED FOR SALE

Estimated Value: $851,000 - $1,003,000

4 Beds
4 Baths
2,305 Sq Ft
$403/Sq Ft Est. Value

Last Sold September 13, 2017

Last sale price $435,000 $189 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $5,440/month

7 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Partially Fenced Property
  • View Ridge Elementary School Rated A-
  • High Speed Internet
  • 1-Story Property

About This Home

As of September 2017

Rambler style brick fourplex in quiet, residential neighborhood. Great location with good access to all amenities. Fully rented to long term tenants. Each unit has carport with storage. Coin-op laundry shared. Individual electric meters.

Last Agent to Sell the Property

Pam La Casse

Berkshire Hathaway HS SP License #27173 Listed on: 06/01/2017

Berkshire Hathaway HS SP

Last Buyer's Agent

Steve Fischer

Northmarq Multifamily, LLC License #87455

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1136414

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,665

Year Built

  • Built in 1953

Lot Details

  • 8,316 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Cascade Terrace Div. 2 Condos
  • Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 00403000101102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,665

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1953
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cascade Terrace Div. 2
  • New Construction: No
  • CalculatedSquareFootage: 2305
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Snohomish County P.U.D.
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works
  • WaterSewerGarbage: 2184

Schools

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

Lot Info

  • Parcel Number: 00403000101102
  • Lot Size Acres: 0.1909
  • Lot Size: 8316
  • Lot Size Sq Ft: 8316
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Snohomish County Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 11

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2600

Multi Family

  • Gross Scheduled Income: 31200
  • Net Operating Income: 23918
  • Number Of Units Total: 4
  • Electric Expense: 286
  • Insurance Expense: 1147
  • Leasable Area: 2305
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2017
  • Tax Annual Amount: 3665

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2019
Sold by
Daniels Boyd and Daniels Esther
Bought by
South Forest Park Fourplex Llc
Current Estimated Value
$929,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$356,064
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$573,800

Purchase Details

Listed on
Jun 1, 2017
Closed on
Sep 5, 2017
Sold by
Fike Neil D
Bought by
Daniels Boyd and Daniels Esther
Seller's Agent
Pam La Casse
Berkshire Hathaway HS SP
Buyer's Agent
Steve Fischer
Northmarq Multifamily, LLC
List Price
$430,000
Sold Price
$435,000
Premium/Discount to List
$5,000
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$250,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Fike Alice A
Bought by
Fike Neil D
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
South Forest Park Fourplex Llc $580,000 Chicago Title
Daniels Boyd $435,000 Chicago Title
Fike Neil D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Forest Park Fourplex Llc $405,000
Previous Owner Daniels Boyd $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2017 09/13/17 Sold $435,000 +1.2% $189 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $430,000 -- $187 / 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 $5,893 $708,400 $341,400 $367,000
2024 $5,893 $686,200 $324,700 $361,500
2023 $5,362 $653,000 $304,700 $348,300
2022 $5,338 $583,000 $243,100 $339,900
2020 $6,174 $550,000 $203,100 $346,900
2019 $4,740 $425,000 $156,600 $268,400
2018 $4,563 $375,000 $110,600 $264,400
2017 $3,665 $300,000 $110,600 $189,400
2016 $2,987 $257,000 $110,600 $146,400
2015 $2,900 $235,000 $108,500 $126,500
2013 $3,216 $230,000 $98,500 $131,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1136414

Northwest Multiple Listing Service (NWMLS)

APN: 004030-001-011-02