NOT LISTED FOR SALE

7713 Timber Hill Dr Unit ABCD Everett, WA 98203

Valley View Neighborhood

Estimated Value: $951,000 - $1,158,000

6 Beds
4 Baths
3,580 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $395,000 $110 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $6,658/month

13 Days on Market

Highlights

  • 0.44 Acre Lot
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of August 2014

4-Plex located in quiet Valley View neighborhood on Timber Hill Drive. The building consists of 2 rambler units each with 830 sq ft & 2 townhouse units east with 930 sq ft. Each unit has 2 bedrooms & 1 bath, shared laundry room facilities. Building has cedar siding and cedar shake roof. Cosmetic fixer but great bones and tones of upside potential for someone willing to invest. Never rented by current owner that is why no Net Operating Income or Gross Rent Multiplier. Great value for the money!

Last Listed By

Barry Tharp

Windermere Real Estate M2 LLC License #18234 Listed on: 07/10/2014

Windermere Real Estate M2 LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 665527

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1969

Lot Details

  • 0.44 Acre Lot

Home Design

  • Quadruplex
  • Fixer Upper
  • Brick Exterior Construction
  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Community Details

  • Valley View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00603700000501

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

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: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3580
  • Special Features: None
  • Cumulative Days on Market: 256

Interior Features

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

Exterior Features

  • Roof: Cedar Shake
  • Lot Features: Curbs
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00603700000501
  • Lot Size Acres: 0.44
  • Lot Size Sq Ft: 19166
  • 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: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 4898

Multi Family

  • Number Of Units Total: 4
  • Leasable Area: 3580
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

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
Total Days on Market
13
Current Estimated Value
$1,076,541

Purchase Details

Closed on
Jun 24, 2022
Sold by
Mcdermott Keven L
Bought by
Klosi Engjellush and Klosi Vjollca

Home Financials for this Owner

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

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 15, 2014
Sold by
Lpp Mortgage Ltd
Bought by
Mcdermott Keven L and Anderson Robert W
Seller's Agent
Barry Tharp
Windermere Real Estate M2 LLC
Buyer's Agent
Sabine Bestier
Coldwell Banker Danforth
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
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

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
08/22/2014 08/22/14 Sold $395,000 -1.2% $110 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $399,900 -- $112 / 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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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 665527

Northwest Multiple Listing Service (NWMLS)

APN: 006037-000-005-01