Listed by RADIUS PROPERTIES, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $708,928 - $830,000

4 Beds
4 Baths
1,916 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 26, 2020

Last sale price $540,000 $282 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,455/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Property is in very good condition
  • Secluded Lot
  • Cul-De-Sac
  • 5-minute walk to Howarth Park

About This Home

As of March 2020

Great investment opportunity in the Madison neighborhood of Everett. Side by side townhomes with each unit being 2 bed, 1.5 baths & 1 car garage. Tons of upgrades & tons of extra parking. The best part is that you can double your return on investment by purchasing the identical duplex right next door (MLS #1566369) . Both duplexes on a quiet shared driveway off of Cady Rd. Ask your agent for a complete list of updates. This is the nicest set of Multifamily properties on the market in this area.

Last Agent to Sell the Property

Joseph Witt

RADIUS PROPERTIES License #18858 Listed on: 02/26/2020

Last Buyer's Agent

Shelley Banoo

Skyline Properties, Inc. License #130145

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1566368

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 1978

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Secluded Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Mini Split Air Conditioners

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00400000000703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,671

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1916
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Ductless HP-Mini Split, Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00400000000703
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Fenced-Partially,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3240

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3671

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Mar 25, 2020
Sold by
Olson Barton John
Bought by
Sakina Holdings Llc
Seller's Agent
Joseph Witt
RADIUS PROPERTIES
Buyer's Agent
Shelley Banoo
Skyline Properties, Inc.
List Price
$519,950
Sold Price
$540,000
Premium/Discount to List
$20,050
3.86%
Current Estimated Value
$769,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,232
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Olson Barton John D and Olson Nanette Demaosa
Bought by
Olson Barton John D

Purchase Details

Listed on
Oct 28, 2013
Closed on
Jan 23, 2014
Sold by
Parker Michael S and Parker Debora L
Bought by
Olson Barton John D
Seller's Agent
Barry Tharp
Windermere Real Estate/M2, LLC
List Price
$279,900
Sold Price
$272,900
Premium/Discount to List
-$7,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$267,956
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2003
Sold by
Chow Stanley L and Chow Doris H
Bought by
Parker Michael S and Parker Debora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,175
Interest Rate
5.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 9, 2000
Sold by
Chow Stanley L and Chow Doris H
Bought by
Chow Stanley L and Chow Doris H
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
Sakina Holdings Llc $540,000 Wfg Natl Ttl Co Of Wa Llc
Olson Barton John D -- Wfg National Title Company
Olson Barton John D $272,900 First American
Parker Michael S $146,000 Fidelity National Title
Chow Stanley L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Barton John D $267,956
Previous Owner Parker Michael S $139,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2020 03/26/20 Sold $540,000 +3.9% $282 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $519,950 +90.5% $271 / Sq Ft
01/31/2014 01/31/14 Sold $272,900 -2.5% $142 / Sq Ft View Prior Sale
12/11/2013 12/11/13 Pending -- -- --
10/28/2013 10/28/13 For Sale $279,900 -- $146 / 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 $5,094 $595,900 $347,900 $248,000
2024 $5,094 $592,000 $344,000 $248,000
2023 $5,117 $621,900 $348,900 $273,000
2022 $4,484 $488,900 $254,100 $234,800
2020 $4,092 $363,800 $202,700 $161,100
2019 $3,671 $328,500 $195,000 $133,500
2018 $3,475 $285,100 $166,800 $118,300
2017 $3,157 $258,000 $137,700 $120,300
2016 $3,069 $263,600 $114,500 $149,100
2015 $3,006 $243,200 $101,900 $141,300
2013 $2,363 $168,600 $77,600 $91,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1566368

Northwest Multiple Listing Service (NWMLS)

APN: 004000-000-007-03