NOT LISTED FOR SALE

Estimated Value: $775,000 - $881,000

6 Beds
2 Baths
2,604 Sq Ft
$321/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $652,000 $250 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,085/month

9 Days on Market

Highlights

  • Mountain View
  • Deck
  • Property is Fully Fenced
  • View Ridge Elementary School Rated A-
  • Corner Lot
  • Wall to Wall Carpet

About This Home

As of January 2021

Large S.Everett Townhome Duplex,Built in 1989,Solid long term investment,minutes to beach,parks,freeway,shopping,near Boeing & Paine field airport and strong economic corridor of jobs!great rental property, fire station across the street, corner lot, each unit has a deck and private fenced back yard, Master with vanity and walk through bathroom,new carpets, flooring, 2 car garage, a little cosmetic updating and wow!Instant equity!quiet residential area,vinyl windows,Rare opportunity for owner user to occupy.CAP Rate potential 6.5% Sold Vacant-Estimated market rent/expenses.Market rents approx $1850-2000 a month w/cosmetic updates.Sold "as-is"

Last Listed By

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 12/17/2020

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1698551

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,304

Year Built

  • Built in 1989

Lot Details

  • 7,352 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Evergreen Mid Middle School
  • Cascade High School

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00436800000303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,304

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2604
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 259

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • 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
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: pud
  • SewerCompany: CITY OF EVERETT
  • WaterCompany: city of Everett
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 00436800000303
  • Lot Size Acres: 0.1688
  • Lot Size Sq Ft: 7352
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully
  • MLSLotSizeSource: REALIST
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 3750

Multi Family

  • Gross Scheduled Income: 45000
  • Net Operating Income: 31785
  • Number Of Units Total: 2
  • Insurance Expense: 2100
  • Leasable Area: 2604
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3304

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2020
Closed on
Jan 7, 2021
Sold by
Housing Authority Of The City Of Everett
Bought by
Mai Phong Lehong and Mai Lindsey
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
Lindsey Mai
Skyline Properties, Inc.
List Price
$569,250
Sold Price
$652,000
Premium/Discount to List
$82,750
14.54%
Total Days on Market
9
Current Estimated Value
$836,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,246
Avg. Annual Appreciation
5.97%
Original Mortgage
$489,000
Outstanding Balance
$441,120
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$395,126

Range of Values:

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Average Value
Not Available
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
Mai Phong Lehong -- Chicago Title Company Of Wa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai Phong Lehong $489,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $652,000 +14.5% $250 / Sq Ft
12/26/2020 12/26/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $569,250 -- $219 / 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 $5,379 $662,800 $311,600 $351,200
2024 $5,379 $625,200 $291,600 $333,600
2023 $5,480 $666,100 $295,800 $370,300
2022 $4,191 $456,900 $199,200 $257,700
2020 $0 $393,900 $159,200 $234,700
2019 $0 $346,900 $152,800 $194,100
2018 $0 $303,200 $131,200 $172,000
2017 -- $270,400 $108,000 $162,400
2016 -- $266,200 $90,400 $175,800
2015 -- $256,100 $77,600 $178,500
2013 -- $221,900 $59,200 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1698551

Northwest Multiple Listing Service (NWMLS)

APN: 004368-000-003-03