Completely turn key, conforming Everett duplex close to Boeing that lives like a single family home. Nice sized back yard and back porch on each unit. Great 2 bedroom, 1.5 bathroom layout with HUGE lower level rec room that can be used as 3rd bedroom or MIL for potential rent share. One car garage for each unit. 40 year roof installed in mid 2000's. Fully fenced yards. Unit A's lease is up end of April, potential house hacking opportunity here. Great investment property; Must See!!!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1581621
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,325
Year Built
Built in 1980
Lot Details
7,841 Sq Ft Lot
Property is in good condition
Home Design
Duplex
Poured Concrete
Composition Roof
Wood Siding
Interior Spaces
4,068 Sq Ft Home
2-Story Property
Flooring
Wall to Wall Carpet
Laminate
Parking
4 Parking Spaces
2 Covered Spaces
Open Parking
Community Details
Everett Mall Subdivision
Listing and Financial Details
Assessor Parcel Number 00700300000400
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,325
Year Built
Built in 1980
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 52 - Duplex
Year Built: 1980
Buyer Agency Compensation: 3
MLS Status: Sold
Prev Status: Closed
New Construction: No
CalculatedSquareFootage: 4068
Special Features: None
Cumulative Days on Market: 250
Interior Features
Possible Use: Multi-Family
Fireplace: No
Flooring: Laminate, Carpet
Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Exterior Features
Roof: Composition
View: No
Waterfront: No
Exterior Features: 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
Heating Yn: Yes
Utilities: Sewer Connected, Electric
WaterSewerGarbage: 4020
Schools
Junior High Dist: Everett
Lot Info
Parcel Number: 00700300000400
Lot Size Acres: 0.18
Lot Size Sq Ft: 7841
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: scr
ZoningJurisdiction: City
ZoningClass: Multi-Family
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 14
LeasedItems: None
TotalMonthlyIncome: 3650
Multi Family
Gross Scheduled Income: 42650
Net Operating Income: 4220
Number Of Units Total: 2
Insurance Expense: 1308
Leasable Area: 3444
UnitsInBuildingTotal: 2
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2019
Tax Annual Amount: 5325
Ownership History
DateNameOwned ForOwner Type
Oct 2021 - PresentAndrea Anthony Robert and Andrea Mandy Hsieh3 Years and 7 Months
Private Individual
Purchase Details
Closed on
Oct 27, 2021
Sold by
Andrea Anthony R and Andrea Mandy H
Bought by
Andrea Anthony Robert and Andrea Mandy Hsieh
Total Days on Market
4
Current Estimated Value
$899,700
Apr 2020 - Oct 2021Andrea Mandy H and Andrea Anthony R1 Year and 6 Months
Private Individual
Purchase Details
Listed on
Mar 20, 2020
Closed on
Apr 28, 2020
Sold by
Maldiz Holdings Llc
Bought by
Andrea Mandy H and Andrea Anthony R
Seller's Agent
Zachary Lazo
COMPASS
Buyer's Agent
Carmen Crispeno
RE/MAX Northwest
List Price
$589,950
Sold Price
$595,000
Premium/Discount to List
$5,050
0.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$446,250
Outstanding Balance
$401,781
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$471,635
Apr 2020 - Apr 2020Maldiz Holdings LlcLess than a month
Company
Purchase Details
Listed on
Mar 20, 2020
Closed on
Apr 10, 2020
Sold by
Morell Ian and Albers David
Bought by
Maldiz Holdings Llc
Seller's Agent
Zachary Lazo
COMPASS
Buyer's Agent
Carmen Crispeno
RE/MAX Northwest
List Price
$589,950
Sold Price
$595,000
Premium/Discount to List
$5,050
0.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Outstanding Balance
$401,781
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$471,635
Oct 2016 - Apr 2020Morell Ian E3 Years and 6 Months
Private Individual
Purchase Details
Closed on
Oct 10, 2016
Sold by
Morell Jillian
Bought by
Morell Ian E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
3.47%
Jun 2016 - Oct 2016Higher Degree 9 Llc4 Months
Company
Purchase Details
Closed on
Jun 16, 2016
Sold by
Rain City Capital Llc
Bought by
Higher Degree 9 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,975
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Jun 2016 - Jun 2016Higher Degree 9 Llc and Rain City Capital LlcLess than a month
Company
Purchase Details
Closed on
Jun 10, 2016
Sold by
Tippin Angel R
Bought by
Higher Degree 9 Llc and Rain City Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,975
Interest Rate
3.64%
Mortgage Type
Seller Take Back
Jul 2003 - Jun 2016Tippin Angel R12 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jul 23, 2003
Sold by
Peters Lance C and Peters Jill R
Bought by
Tippin Angel R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,995
Interest Rate
5.15%
Mortgage Type
FHA
Apr 2001 - Jul 2003Calhoun Paul and The Paul Calhoun M D Defined Benefit Pen2 Years and 3 Months
Private Individual
Purchase Details
Closed on
Apr 10, 2001
Sold by
Peters David S and Peters Julie M
Bought by
Calhoun Paul and The Paul Calhoun M D Defined Benefit Pen
Feb 1999 - Apr 2001Peters David S and Peters Julie M2 Years and 2 Months
Private Individual
Purchase Details
Closed on
Feb 11, 1999
Sold by
Merchant Craig M
Bought by
Peters David S and Peters Julie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
6.77%
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Updated Duplex in Everett. Seller fully permitted this remodel in 2013, new wiring, plumbing, cabinets, flooring, doors/trim, paint, and TPO roof. Possibility to add a 3rd unit in the basement. Buyer to verify with City of Everett. Seller has used the garage for boat storage. 3 Bed 2 bath on second story, 1 bed 1 bath with Flex room on main level. Laundry and storage in the basement.
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 727 55th St SW, Everett, WA 98203 since 20 March 2020 and is currently estimated at $899,700, approximately $221 per square foot. This property was built in 1980. 727 55th St SW 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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