NOT LISTED FOR SALE

816 E Marine View Dr Everett, WA 98201

Delta Neighborhood

Estimated Value: $406,000 - $2,061,855

3 Beds
3 Baths
5,445 Sq Ft
$155/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $1,020,000 $187 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $5,025/month

70 Days on Market

Highlights

  • Mountain View
  • Tankless Water Heater
  • Property is in very good condition
  • Corner Lot
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of November 2016

4 condos! 4 deluxe view townhomes custom built in 2007, each one has different interior style, tenants love them! All 4 with oversized 2 car garages, on demand hot water,gas powered hydro-heat, 2.5 baths, heated tile floors. Quality construction for extra quiet units, security systems, mountain views. Two 3 bedroom units and two that have double master suites-great for roommates! 6+% cap rate, very low maintenance costs, tenants pay ALL utilities.

Last Agent to Sell the Property

Marilyn Blackburn

Gilpin Realty, Inc. License #23419 Listed on: 03/02/2016

Last Buyer's Agent

Hazel Chon

Champions Real Estate License #1694

Champions Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 903740

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,784

Year Built

  • Built in 2007

Lot Details

  • 5,280 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,445 Sq Ft Home
  • 3-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • Tankless Water Heater

Community Details

  • Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29051700102700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,784

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 5445
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 345

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Forced Air, Hot Water Recirc Pump, Tankless Water Heater, Ceramic Tile, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Geothermal, Ground Source, Natural Gas Connected
  • PowerCompany: PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 29051700102700
  • Lot Size Acres: 0.1212
  • Lot Size Sq Ft: 5280
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Geothermal, Ground Source, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 6715

Multi Family

  • Gross Scheduled Income: 81480
  • Net Operating Income: 72081
  • Number Of Units Total: 4
  • Insurance Expense: 1800
  • Leasable Area: 5445
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Nov 23, 2016
Sold by
Blackburn Properties Llc
Bought by
Lee Robert S and Lee Meesook
Seller's Agent
Marilyn Blackburn
Gilpin Realty, Inc.
Buyer's Agent
Hazel Chon
Champions Real Estate
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%
Total Days on Market
70
Current Estimated Value
$843,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,536
Avg. Annual Appreciation
-4.30%
Original Mortgage
$700,000
Outstanding Balance
$578,480
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$123,235

Purchase Details

Closed on
Dec 13, 2004
Sold by
Va
Bought by
Blackburn Properties Llc

Purchase Details

Closed on
Jan 13, 2004
Sold by
Olson Robert G
Bought by
Cendant Mortgage Corp

Purchase Details

Closed on
Apr 18, 2001
Sold by
Andersen Richard W
Bought by
Olson Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
6.98%
Mortgage Type
VA
Source: Public Records

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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
Lee Robert S $1,020,000 Chicago Title Company Of Wa
Blackburn Properties Llc -- Fidelity National Title Co
Cendant Mortgage Corp $107,519 First American
Olson Robert G $116,937 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Robert S $700,000
Previous Owner Blackburn Properties Llc $50,000
Previous Owner Blackburn Properties Llc $140,000
Previous Owner Olson Robert G $116,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $1,020,000 -2.9% $187 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $1,050,000 -- $193 / 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 $3,476 $409,300 $208,800 $200,500
2024 $3,476 $404,800 $204,300 $200,500
2023 $2,977 $362,500 $176,300 $186,200
2022 $2,811 $307,000 $141,100 $165,900
2020 $2,907 $259,000 $117,500 $141,500
2019 $2,755 $247,000 $113,000 $134,000
2018 $2,875 $236,300 $94,800 $141,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 903740

Northwest Multiple Listing Service (NWMLS)

APN: 011576-000-004-00