NOT LISTED FOR SALE

7713 Timber Hill Dr Unit A-D Everett, WA 98203

Valley View Neighborhood

Estimated Value: $857,000 - $1,217,000

6 Beds
4 Baths
3,837 Sq Ft
$283/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,025,000 $267 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,675/month

Highlights

  • 0.44 Acre Lot
  • Territorial View
  • Thermal Windows
  • Deck
  • No HOA
  • High Speed Internet

About This Home

As of July 2022

The property is located at the perimeter of a quiet neighborhood east of I-5. The building has two rambler units & two townhome style units. There are 4 garages tucked underneath the back unit with addl. parking in front of the garages. A side road leading to the back allows for 4 more parking spaces.This always fully rented 4plex has undergone a remarkable transformation since its acquisition in 2014: new roof and gutter system in late 2021, exterior painting in 2019, garage doors in 2018 and a complete initial remodel of all units including flooring, carpet, cabinets, appliances, blinds, light and plumbing fixtures as well as hot water heaters. Each unit has 959 SF of space, and the shared laundry is free of charge.

Last Agent to Sell the Property

David Gomez

Coldwell Banker Danforth License #22028602 Listed on: 06/08/2022

Coldwell Banker Danforth

Co-Listed By

Sabine Bestier

Coldwell Banker Danforth License #40313

Last Buyer's Agent

Eva Croasdale

Windermere Real Estate/East License #123376

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1947649

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,863

Year Built

  • Built in 1969

Lot Details

  • 0.44

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,837 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • 0.44 Acre Lot

Community Details

  • No Home Owners Association
  • Valley View Condos
  • Valley View Subdivision

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 00603700000501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,863

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Valley View
  • New Construction: No
  • CalculatedSquareFootage: 3837
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Wood
  • PowerCompany: Sno. Co. PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 6500

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 00603700000501
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Snohomish County Tax Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 7

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15.14
  • LeasedItems: None
  • TotalMonthlyIncome: 5475

Multi Family

  • Gross Scheduled Income: 65700
  • Net Operating Income: 45143
  • Number Of Units Total: 4
  • Electric Expense: 1178
  • Insurance Expense: 1199
  • Leasable Area: 3837
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6863

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Klosi Engjellush and Klosi Vjollca
Bought by
Vse Investment Llc
Current Estimated Value
$1,083,971

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jun 24, 2022
Sold by
Mcdermott Keven L
Bought by
Klosi Engjellush and Klosi Vjollca
Seller's Agent
David Gomez
Coldwell Banker Danforth
Buyer's Agent
Eva Croasdale
Windermere Real Estate/East
List Price
$995,000
Sold Price
$1,025,000
Premium/Discount to List
$30,000
3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$717,500
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2014
Sold by
Lpp Mortgage Ltd
Bought by
Mcdermott Keven L and Anderson Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Strom Clifford P and Strom Susan E
Bought by
Lpp Mortgage Ltd

Purchase Details

Closed on
Dec 28, 2006
Sold by
Cody Creek Properties Llc
Bought by
Strom Clifford P and Strom Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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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
Vse Investment Llc -- Commonwealth Land Title
Klosi Engjellush -- Ticor Title
Mcdermott Keven L $395,000 Chicago Title Company
Lpp Mortgage Ltd $280,000 Nextitle
Strom Clifford P $520,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klosi Engjellush $717,500
Previous Owner Mcdermott Keven L $296,250
Previous Owner Strom Clifford P $52,000
Previous Owner Strom Clifford P $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $1,025,000 +3.0% $267 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $995,000 -- $259 / 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 $8,272 $934,800 $291,800 $643,000
2024 $8,272 $962,000 $281,000 $681,000
2023 $6,358 $773,000 $261,000 $512,000
2022 $6,326 $690,000 $205,200 $484,800
2020 $7,316 $651,000 $174,000 $477,000
2019 $6,164 $552,000 $142,000 $410,000
2018 $5,847 $480,000 $105,000 $375,000
2017 $5,381 $440,000 $105,000 $335,000
2016 $4,625 $397,500 $97,000 $300,500
2015 $4,632 $375,000 $93,000 $282,000
2013 $4,899 $350,000 $84,600 $265,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1947649

Northwest Multiple Listing Service (NWMLS)

APN: 006037-000-005-01