NOT LISTED FOR SALE

Estimated Value: $580,000 - $684,000

5 Beds
2 Baths
1,800 Sq Ft
$361/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $288,750 $160 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,978/month

66 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Partially Fenced Property
  • Territorial View
  • Patio
  • Wood Siding

About This Home

As of March 2016

Great never vacant duplex near Boeing. Long-term tenants. Lower unit has been totally remodeled with granite and new carpet, doors, tile, molding, bathtub, sinks, fixtures etc. Lower unit has carport and upper unit has a garage with opener. Upper unit renters want to stay and are good tenants. New renters in lower unit.

Last Buyer's Agent

Matthew Smith

Redfin License #2028

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 866256

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1969

Lot Details

  • 7,840 Sq Ft Lot
  • Lot Dimensions are 70x109
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Madison Elementary School
  • Evergreen Mid Middle School
  • Cascade High School

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00621600100200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,974

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1969
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1800
  • Special Features: None
  • Cumulative Days on Market: 382

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: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, See Remarks
  • PowerCompany: PUD
  • SewerCompany: Everett
  • WaterCompany: Everett
  • WaterSewerGarbage: 1974

Schools

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

Lot Info

  • Parcel Number: 00621600100200
  • Lot Size Acres: 0.18
  • Lot Size: 70x109
  • Lot Size Sq Ft: 7840
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2050

Multi Family

  • Gross Scheduled Income: 24600
  • Net Operating Income: 19839
  • Number Of Units Total: 2
  • Insurance Expense: 813
  • Leasable Area: 1800
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 1974

MLS Schools

  • Elementary School: Madison Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2018
Sold by
Wheeler William J and Lecompte Russell
Bought by
Revequity Llc
Current Estimated Value
$649,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$93,165
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$556,639

Purchase Details

Listed on
Nov 2, 2015
Closed on
Feb 25, 2016
Sold by
Nelsen Richard and Netsen Marianne
Bought by
Wheeler William J and Lecompte Russell
Buyer's Agent
Matthew Smith
Redfin
List Price
$329,950
Sold Price
$288,750
Premium/Discount to List
-$41,200
-12.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$206,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2008
Sold by
Nelsen Richard W and Nelsen Marianne
Bought by
Evt Properties 1 Llc

Purchase Details

Closed on
Feb 25, 2004
Sold by
Thomason Arlene C
Bought by
Nelsen Richard and Nelsen Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Thomason Eric E
Bought by
Thomason Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.52%

Purchase Details

Closed on
Jul 12, 1999
Sold by
Veal Michael A and Veal Mary B
Bought by
Thomason Eric E and Thomason Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,850
Interest Rate
7.62%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Veal Michael A
Bought by
Veal Michael A and Veal Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.38%
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
Revequity Llc -- Old Republic Title Ltd
Wheeler William J $288,750 Old Republic Title Ltd
Evt Properties 1 Llc -- None Available
Nelsen Richard $208,000 Stewart
Thomason Arlene C -- Stewart Title Company
Thomason Eric E $150,000 --
Veal Michael A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Revequity Llc $150,000
Previous Owner Wheeler William J $206,250
Previous Owner Nelsen Richard $166,400
Previous Owner Thomason Arlene C $135,000
Previous Owner Thomason Eric E $134,850
Previous Owner Veal Michael A $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2016 03/01/16 Sold $288,750 -12.5% $160 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $329,950 -- $183 / 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 $4,681 $535,900 $335,000 $200,900
2024 $4,681 $543,900 $343,000 $200,900
2023 $4,716 $573,100 $348,000 $225,100
2022 $4,033 $439,600 $249,000 $190,600
2020 $4,145 $368,500 $199,000 $169,500
2019 $3,634 $325,200 $191,000 $134,200
2018 $3,452 $283,200 $164,000 $119,200
2017 $3,166 $258,700 $135,000 $123,700
2016 $2,079 $178,400 $113,000 $65,400
2015 $1,974 $159,600 $97,000 $62,600
2013 $1,984 $141,500 $76,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 866256

Northwest Multiple Listing Service (NWMLS)

APN: 006216-001-002-00