Listed by Skyline Properties, Inc., Bought with John L. Scott, Inc.
NOT LISTED FOR SALE

Estimated Value: $720,215 - $813,000

6 Beds
2 Baths
2,092 Sq Ft
$364/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $575,000 $275 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,479/month

12 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wood Siding
  • Cul-De-Sac
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2020

Large Townhouse Duplex, built in 1987,5 minutes from Boeing,High demand rental market,close to bus, schools & shopping, Instant equity!Priced to reflect cosmetic updating needed,Large backyards for each tenant,Culdesac location,quiet residential area,vinyl windows,2 car garage,Best Value on the market-Rare opportunity for owner user to occupy.CAP Rate potential 6.75++% Sold Vacant-Estimated market rent/expenses.Market rents approx $1850-2000 a month w/cosmetic updates.Sold "as-is"

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 01/30/2020

Skyline Properties, Inc.

Co-Listed By

Dan Swanson

Kidder Mathews License #13533

Last Buyer's Agent

Lori Bixler

John L. Scott, Inc. License #104603

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1556943

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,461

Year Built

  • Built in 1987

Lot Details

  • 7,841 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Evergreen Mid Middle School

Additional Features

  • Patio
  • Cable TV Available

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00471700000303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,461

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1987
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2092
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: CITY OF EVERETT
  • WaterCompany: city of Everett
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00471700000303
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Patio
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3610

Multi Family

  • Gross Scheduled Income: 44400
  • Net Operating Income: 31784
  • Number Of Units Total: 2
  • Insurance Expense: 2100
  • Leasable Area: 2092
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3461

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Mar 2, 2020
Sold by
Housing Authority Of The City Of Everett
Bought by
Jordan Todd David
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Lori Bixler
John L. Scott, Inc.
List Price
$469,000
Sold Price
$575,000
Premium/Discount to List
$106,000
22.6%
Current Estimated Value
$761,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,554
Avg. Annual Appreciation
5.15%
Original Mortgage
$460,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Jordan Todd David -- Chicago Title Company Of Wa
Jordan Todd David -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Todd David $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2020 03/03/20 Sold $575,000 +22.6% $275 / Sq Ft
02/11/2020 02/11/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $469,000 -- $224 / 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 $5,105 $591,300 $345,000 $246,300
2024 $5,105 $593,300 $347,000 $246,300
2023 $5,059 $614,800 $352,000 $262,800
2022 $4,798 $523,200 $254,000 $269,200
2020 $0 $439,100 $203,000 $236,100
2019 $0 $387,700 $195,000 $192,700
2018 $0 $339,800 $167,000 $172,800
2017 -- $297,800 $138,000 $159,800
2016 -- $280,500 $115,000 $165,500
2015 -- $254,300 $99,000 $155,300
2013 -- $211,200 $77,000 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1556943

Northwest Multiple Listing Service (NWMLS)

APN: 004717-000-003-03