This is a GREAT investment property! Rent one, live in the other or keep both as rentals. Current tenants are a landlord's dream & THEY pay ALL UTILITIES. TurnKey Townhouse Duplex w/over 50k in recent upgrades: 30yr roof, fascia, gutters, vinyl windows & sliders, front doors w/screens, exterior & interior paint, H2O tanks, crawl insulation & MUCH more. Units have extra-deep garages, vaulted ceilings, skylights & recently serviced appliances. Quality workmanship throughout. Upgrades Doc uploaded!
RE/MAX NorthwestLicense #122420Listed on: 04/02/2017
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1099087
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,248
Year Built
Built in 1981
Lot Details
7,405 Sq Ft Lot
Street terminates at a dead end
Partially Fenced Property
Corner Lot
Property is in very good condition
Home Design
Duplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
1,740 Sq Ft Home
2-Story Property
Territorial Views
Flooring
Wall to Wall Carpet
Laminate
Parking
4 Parking Spaces
2 Covered Spaces
Open Parking
Outdoor Features
Deck
Utilities
High Speed Internet
Cable TV Available
Community Details
Seahurst Estates Condos
Seahurst Subdivision
Listing and Financial Details
Assessor Parcel Number 00700300000900
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,248
Year Built
Built in 1981
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1981
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
Building Name: Seahurst Estates
New Construction: No
CalculatedSquareFootage: 1740
EffectiveYearBuiltSource: Public Records
SOCComments: Thanks for showing this GREAT property!
Special Features: None
Cumulative Days on Market: 251
Interior Features
Possible Use: Multi-Family
Fireplace: No
Flooring: Laminate, Carpet
Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
View: Territorial
Lot Features: Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
View: Yes
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 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, High Speed Internet, Natural Gas Available, Sewer Connected, Electric
PowerCompany: PUD
SewerCompany: City of Everett
WaterCompany: City of Everett
WaterSewerGarbage: 0
Schools
Junior High Dist: Everett
High School: Buyer To Verify
Middle Or Junior School: Buyer To Verify
Lot Info
Parcel Number: 00700300000900
Lot Size Acres: 0.17
Lot Size Sq Ft: 7405
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet
MLSLotSizeSource: Realist
ZoningClass: Multi-Family
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 16
LeasedItems: None
TotalMonthlyIncome: 2125
Multi Family
Gross Scheduled Income: 25500
Net Operating Income: 20209
Number Of Units Total: 6
Insurance Expense: 893
Leasable Area: 1740
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2017
Tax Annual Amount: 3248
MLS Schools
Elementary School: Buyer To Verify
Ownership History
DateNameOwned ForOwner Type
Apr 2017 - PresentCapgrow Holdings Jv Sub Iii Llc8 Years and 1 Month
Company
Purchase Details
Listed on
Apr 2, 2017
Closed on
Apr 28, 2017
Sold by
Rife William E
Bought by
Capgrow Holdings Jv Sub Iii Llc
Seller's Agent
Tara Fuller
RE/MAX Northwest
Buyer's Agent
Jon Bye
John L. Scott, Inc
List Price
$411,000
Sold Price
$411,000
Total Days on Market
4
Current Estimated Value
$773,304
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,304
Avg. Annual Appreciation
8.20%
May 2012 - Apr 2017Rife William E4 Years and 11 Months
Private Individual
Purchase Details
Closed on
May 24, 2012
Sold by
Radke Nolan J and Radke Gail A
Bought by
Rife William E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
3.84%
Mortgage Type
New Conventional
Dec 2004 - May 2012Radke Nolan J and Radke Gail A7 Years and 5 Months
Private Individual
Purchase Details
Closed on
Dec 27, 2004
Sold by
Smith Hideko
Bought by
Radke Nolan J and Radke Gail A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
1.37%
Mortgage Type
New Conventional
Mar 2003 - Dec 2004Smith Hideko1 Year and 9 Months
Private Individual
Purchase Details
Closed on
Mar 28, 2003
Sold by
Fredlund Randall Craig and Fredlund Emelyne L
Bought by
Smith Hideko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,625
Interest Rate
6.5%
Sep 1999 - Mar 2003Fredlund Randall Craig and Fredlund Emelyne L3 Years and 6 Months
Private Individual
Purchase Details
Closed on
Sep 1, 1999
Sold by
Bloomquist Deborah Shannon and Bloomquist Paul Alan
Bought by
Fredlund Randall Craig and Fredlund Emelyne L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
7.66%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 722 55th St SW Unit 2, Everett, WA 98203 since 02 April 2017 and is currently estimated at $773,304, approximately $444 per square foot. This property was built in 1981. 722 55th St SW Unit 2 is a home located in Snohomish County with nearby schools including View Ridge Elementary School, Evergreen Middle School, and Everett High School.
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