Listed by Skyline Properties, Inc., Bought with Crosby & Co Real Estate
NOT LISTED FOR SALE

6815 Rainier Dr Unit 1-26 Everett, WA 98203

Pinehurst Neighborhood
3 Beds
2 Baths
19,826 Sq Ft
0.95 Acres

Last Sold December 08, 2015

Last sale price $2,995,000 $151 Per Sq Ft

44 Days on Market

Highlights

  • 0.95 Acre Lot
  • Corner Lot
  • Partially Fenced Property
  • Deck
  • Patio
  • Wall to Wall Carpet

About This Home

As of December 2015

26 Unit South Everett, Evergreen Ridge,Owner Finance terms,6% Cap Rate,100%occupied,room for rental increases presently under market rent due to long term tenant base, add 32k a yr w/no improvements,implement utility charge back and increase income,Value add opportunity,walk to shopping,buses,strong economic base, 5 minutes to Boeing and I-5,50 year roof added to one bldg 4yrs ago,dbl pane windows,copper plumbing,all units with decks and yards,washer/dryer hook up in each unit.

Last Agent to Sell the Property

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/31/2015

Skyline Properties, Inc.

Co-Listed By

Jeff Kim

HomeSmart Real Estate Assoc License #12260

Last Buyer's Agent

David Yuchasz

Crosby & Co Real Estate License #25170

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 841928

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,768

Year Built

  • Built in 1989

Lot Details

  • 0.95 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 19,826 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 39 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

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

Community Details

  • Madison Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00392800401800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,768

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1989
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 19826
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 39

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • PowerCompany: pud
  • SewerCompany: city
  • WaterCompany: everett city

Schools

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

Lot Info

  • Parcel Number: 00392800401800
  • Lot Size Acres: 0.947
  • Lot Size Sq Ft: 41253
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 20855

Tax Info

  • Year: 2015
  • Tax Annual Amount: 27768

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1800
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Madison Elem

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2015 12/08/15 Sold $2,995,000 0.0% $151 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
08/31/2015 08/31/15 For Sale $2,995,000 -- $151 / 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 $33,527 $3,832,900 $1,019,900 $2,813,000
2024 $33,527 $3,902,700 $968,900 $2,933,800
2023 $30,283 $3,686,500 $948,900 $2,737,600
2022 $33,427 $3,650,000 $729,200 $2,920,800
2020 $40,980 $3,650,000 $591,400 $3,058,600
2019 $38,174 $3,422,000 $424,500 $2,997,500
2018 $35,295 $2,900,000 $456,500 $2,443,500
2017 $34,215 $2,800,000 $456,500 $2,343,500
2016 $30,080 $2,587,500 $456,500 $2,131,000
2015 $27,768 $2,250,000 $448,400 $1,801,600
2013 $27,971 $2,000,000 $407,400 $1,592,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 841928

Northwest Multiple Listing Service (NWMLS)