NOT LISTED FOR SALE

Estimated Value: $1,077,364 - $1,135,000

7 Beds
4 Baths
3,705 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $1,025,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,711/month

66 Days on Market

Highlights

  • Medical Services
  • Patio
  • Shed
  • Property is near public transit
  • Park
  • 5-minute walk to Washington Park

About This Home

As of September 2024

**7-9 Lincoln St. Everett** Updated Three Family with off street parking and private fenced in backyard! Unique layout- Unit 1 is a three level townhouse style. 4 bedroom, 2 bath. Unit 2 is a one level on the ground floor, 1 bedroom, 1 bath. Unit 3 has two levels and is on the second floor, 2 bedroom 1 bathroom. Backyard with patio and storage shed is shared space. Can fit six cars off street if you park tandem. Nice neighborhood location close to Everett Hospital, schools, playgrounds, parks and highways. Roof was done 1.5 years ago.

Last Agent to Sell the Property

Michalann Cosme

Citylight Homes LLC Listed on: 05/28/2024

Last Buyer's Agent

Pax Estate Group

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,494

Year Built

  • Built in 1900

Lot Details

  • 6,682 Sq Ft Lot
  • Fenced
  • Irregular Lot

Home Design

  • 3,705 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Everett High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $7,256
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:M0 B:06 L:000074,484837

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Recreation

  • Park

Additional Features

  • Medical Services
  • Net Operating Income $87,072

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,494

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Interior Entry, Dirt Floor, Unfinished
  • Living Area: 3705
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6617
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Irregular
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:M0 B:06 L:000074,484837
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6682
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10494

Multi Family

  • Net Operating Income: 87072
  • Number Of Units Total: 3
  • Total Actual Rent: 7256
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Everett Hs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2019
Sold by
Pasco Edward N and Pasco Candy J
Bought by
Kochhar Karan
Current Estimated Value
$1,104,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$613,071
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$491,520

Purchase Details

Closed on
Dec 14, 1984
Bought by
Pasco Edward N and Pasco Candy J
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
Kochhar Karan $750,000 --
Pasco Edward N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kochhar Karan $700,000
Previous Owner Pasco Edward N $142,100
Previous Owner Pasco Edward N $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $1,025,000 -6.4% $277 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $1,095,000 -0.4% $296 / Sq Ft
05/28/2024 05/28/24 For Sale $1,099,900 -- $297 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,074 $972,300 $234,800 $737,500
2024 $10,494 $915,700 $234,800 $680,900
2023 $10,266 $871,500 $218,800 $652,700
2022 $8,392 $810,000 $208,100 $601,900
2021 $7,726 $782,800 $200,700 $582,100
2020 $7,879 $740,500 $200,700 $539,800
2019 $8,328 $672,700 $191,000 $481,700
2018 $7,842 $569,100 $166,500 $402,600
2017 $7,081 $490,400 $138,800 $351,600
2016 $6,300 $436,000 $122,700 $313,300
2015 $5,943 $406,800 $112,100 $294,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73242903

MLS Property Information Network (MLS PIN)

APN: EVER-000000-M000006-000074