Listed by Windermere Real Estate GH LLC, Bought with The Preview Group
NOT LISTED FOR SALE

Estimated Value: $1,226,000 - $1,313,901

8 Beds
4 Baths
4,096 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $905,000 $221 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,581/month

8 Days on Market

Highlights

  • Deck
  • Patio
  • Partially Fenced Property
  • Territorial View
  • High Speed Internet
  • 3-minute walk to Interurban Trail

About This Home

As of October 2020

Great investment opportunity with this immaculate 4-plex. Everett school district with close proximity to Cascade High and Evergreen Middle. Central location just seconds to I-5 and the 526. Each unit is 1,024 sf with 2 bedrooms, 1.5 baths.

Last Agent to Sell the Property

Adam Cobb

Windermere Real Estate GH LLC License #100973 Listed on: 08/28/2020

Windermere Real Estate GH LLC

Co-Listed By

Ryan Forbus

Windermere Real Estate GH LLC License #122912

Last Buyer's Agent

Seema Sandhu

The Preview Group License #121883

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1655026

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,751

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,096 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Territorial Views

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Cascade Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00393900800201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,751

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4096
  • Special Features: None
  • Cumulative Days on Market: 367

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: Everett Public Works
  • WaterCompany: Everett Public Works
  • WaterSewerGarbage: 2913

Schools

  • Junior High Dist: Everett
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00393900800201
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 5720

Multi Family

  • Gross Scheduled Income: 68640
  • Net Operating Income: 54672
  • Number Of Units Total: 4
  • Electric Expense: 104
  • Insurance Expense: 1200
  • Leasable Area: 4096
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 9751

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 19, 2020
Sold by
French Adam
Bought by
Ayyanveedu Suresh and Vijayakrishannair Aswathi
Seller's Agent
Adam Cobb
Windermere Real Estate GH LLC
Buyer's Agent
Seema Sandhu
The Preview Group
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%
Current Estimated Value
$1,254,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,475
Avg. Annual Appreciation
7.08%
Original Mortgage
$678,750
Outstanding Balance
$610,841
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$651,151

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 9, 2014
Sold by
Steele Casey P and Steele Matthew
Bought by
French Adam J
Seller's Agent
Debra Teal
RE/MAX Exclusive
Buyer's Agent
Claudia Kuniholm
Berkshire Hathaway HS NW
List Price
$559,000
Sold Price
$559,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$419,250
Interest Rate
3.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2005
Sold by
Steele Jane
Bought by
Steele Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1999
Sold by
Parris Douglass M and Parris Winifred B
Bought by
Parris Douglass M
Source: Public Records

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
Ayyanveedu Suresh $905,000 Chicago Title
French Adam J $559,000 Cw Title
Steele Dwight $11,235 Chicago Title Insurance Co
Steele Casey P $310,000 Chicago Title Insurance Co
Parris Douglass M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayyanveedu Suresh $678,750
Previous Owner French Adam J $612,500
Previous Owner French Adam J $419,250
Previous Owner Steele Matthew $120,000
Previous Owner Steele Casey P $248,000
Closed Steele Casey P $31,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $905,000 +0.7% $221 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $899,000 +60.8% $219 / Sq Ft
12/17/2014 12/17/14 Sold $559,000 0.0% $136 / Sq Ft
11/07/2014 11/07/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $559,000 -- $136 / 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 $9,106 $1,037,100 $306,400 $730,700
2024 $9,106 $1,059,100 $295,600 $763,500
2023 $8,472 $1,030,500 $275,600 $754,900
2022 $8,431 $920,000 $209,900 $710,100
2020 $9,751 $868,000 $202,500 $665,500
2019 $8,216 $736,000 $179,400 $556,600
2018 $7,794 $640,000 $88,200 $551,800
2017 $6,358 $520,000 $88,200 $431,800
2016 $5,305 $456,000 $88,200 $367,800
2015 $5,311 $430,000 $86,400 $343,600
2013 $4,899 $350,000 $78,500 $271,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1655026

Northwest Multiple Listing Service (NWMLS)

APN: 003939-008-002-01