Listed by The Preview Group, Bought with Agents Invest
NOT LISTED FOR SALE

5314 S 2nd Ave Everett, WA 98203

Lowell Neighborhood
-- Bed
4 Baths
3,988 Sq Ft
6,969 Sq Ft Lot

Last Sold February 29, 2012

Last sale price $125,000 $31 Per Sq Ft

60 Days on Market

About This Home

As of February 2012

Wow! Great opportunity to invest in a 4-plex with lots of potential. With almost 4,000 total sq ft this complex has possible commercial usage as well.Has alley access for extra parking area. Conveniently located to I-5 and close to parks and the Lowell Riverfront Trail.

Last Agent to Sell the Property

Diane Donnelson

The Preview Group License #8312 Listed on: 12/08/2011

The Preview Group

Last Buyer's Agent

Jennifer Beadles

Agents Invest License #27141

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 301953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 6,969

Home Design

  • Quadruplex
  • Fixer Upper
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,988 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Parking

  • 4 Parking Spaces
  • Open Parking

Additional Features

  • 6,969 Sq Ft Lot
  • Cable TV Available

Community Details

  • Town Lowell Condos
  • Lowell Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 23
  • Assessor Parcel Number 00500302300400

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1900
  • Buyer Agency Compensation: 2.75
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Town Lowell
  • CalculatedSquareFootage: 3988
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00500302300400
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2011
  • Tax Annual Amount: 3544

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2011
Closed on
Feb 22, 2012
Sold by
U S Bank National Association
Bought by
Olive St Apartments Llc
Seller's Agent
Diane Donnelson
The Preview Group
Buyer's Agent
Jennifer Beadles
Agents Invest
List Price
$172,000
Sold Price
$125,000
Premium/Discount to List
-$47,000
-27.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$99,054
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2011
Sold by
Ristow Kelly Lee
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 29, 2009
Sold by
Ristow Kelly
Bought by
Ristow Kayla

Purchase Details

Closed on
Jan 11, 2008
Sold by
Ristow Kelly Lee and Diedrich Ryan
Bought by
Diedrich Billie Lee

Purchase Details

Closed on
Jan 11, 2006
Sold by
Diedrich Ryan
Bought by
Ristow Kelly Lee

Purchase Details

Closed on
Oct 27, 2004
Sold by
Diedrich Billie L
Bought by
Diedrich Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
7.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1997
Sold by
Diedrich Kenneth W
Bought by
Diedrich Billie L and Diedrich William Kenneth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Olive St Apartments Llc $125,000 Chicago Title Company
U S Bank National Association $247,545 None Available
Ristow Kayla -- None Available
Diedrich Billie Lee -- Chicago Title Insurance Co
Ristow Kelly Lee -- Chicago Title Insurance Co
Diedrich Ryan $167,061 Chicago Title
Diedrich Billie L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olive St Apartments Llc $145,000
Previous Owner Diedrich Ryan $284,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2012 02/29/12 Sold $125,000 -27.3% $31 / Sq Ft
02/09/2012 02/09/12 Pending -- -- --
12/10/2011 12/10/11 For Sale $172,000 -- $43 / 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 $2,920 $341,100 $229,500 $111,600
2024 $2,920 $338,800 $222,000 $116,800
2023 $2,653 $321,800 $217,000 $104,800
2022 $2,692 $293,200 $207,000 $86,200
2020 $3,170 $281,700 $202,000 $79,700
2019 $3,151 $281,900 $184,200 $97,700
2018 $2,862 $234,700 $167,400 $67,300
2017 $2,846 $232,500 $167,400 $65,100
2016 $2,709 $232,600 $167,400 $65,200
2015 $2,839 $229,700 $167,400 $62,300
2013 $3,162 $225,800 $167,400 $58,400
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diane Donnelson

    Realty One Group Preview

    (425) 308-8497

    33 Total Sales

    Diane Donnelson
    Section Image

  • J

    Buyer's Agent in 2012

    Jennifer Beadles

    Agents Invest

See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 301953

Northwest Multiple Listing Service (NWMLS)

APN: 005003-023-004-00

Washington Snohomish County Everett 98203 Lowell

5314 S 2nd Ave, Everett, WA

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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