Listed by New Horizon Realty LLC, Bought with COMPASS
NOT LISTED FOR SALE

Estimated Value: $1,047,000 - $1,272,311

-- Bed
4 Baths
3,616 Sq Ft
$310/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $1,055,000 $292 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,648/month

39 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Thermal Windows
  • Wood Siding

About This Home

As of November 2021

Great location close to Boeing, Paine Field, schools, bus, YMCA, shopping & more. The current rents are low for this area. Should be about $1500+ a month for each unit. The tenants have been here for years. All tenants are on month to month rent & all units are currently rented. There is also additional income from the coin op laundry rm. Each unit has a 1 car carport & outside parking space + storage area in carport. Mukilteo School district. Very well maintained & this 4 plex has laminate flooring & vinyl in bathrooms. Parking in back is off street & next to carports under these units. Each unit has its own entry one on each side of the building. Great layout for tenants. See rents for this area & these rents are low. Opportunity knocks!

Last Agent to Sell the Property

Brenda Haug

New Horizon Realty LLC License #2744 Listed on: 09/02/2021

New Horizon Realty LLC

Last Buyer's Agent

Roy Towse

COMPASS License #25910

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1833689

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,499

Year Built

  • Built in 1977

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,616 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Everett Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 00656800000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,499

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3616
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • 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: Available
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Electric
  • PowerCompany: Snohomish Co PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 4368

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00656800000100
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: County Recs
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 9

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 5050

Multi Family

  • Gross Scheduled Income: 57000
  • Net Operating Income: 42493
  • Number Of Units Total: 4
  • Electric Expense: 1800
  • Insurance Expense: 1840
  • Leasable Area: 3616
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6499

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 22, 2021
Sold by
Sivaloganathan Aravanan and Sabapathy Thusa
Bought by
Thusara Homes Wa Llc
Seller's Agent
Brenda Haug
New Horizon Realty LLC
Buyer's Agent
Roy Towse
COMPASS
List Price
$1,255,555
Sold Price
$1,055,000
Premium/Discount to List
-$200,555
-15.97%
Current Estimated Value
$1,122,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,328
Avg. Annual Appreciation
5.17%
Original Mortgage
$791,250
Outstanding Balance
$735,787
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$543,840

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 9, 2021
Sold by
Huor Christian and Phan Thi Be
Bought by
Sivaloganathan Aravanan and Sabapathy Thusa
Seller's Agent
Brenda Haug
New Horizon Realty LLC
Buyer's Agent
Roy Towse
COMPASS
List Price
$1,255,555
Sold Price
$1,055,000
Premium/Discount to List
-$200,555
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$791,250
Outstanding Balance
$735,787
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$543,840

Purchase Details

Closed on
Jun 12, 2007
Sold by
Hudson Herold J and Hudson Kristina L
Bought by
Huor Christian and Phan Thi Be

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2004
Sold by
Hudson Herold J and Hudson Kristina L
Bought by
Hudson Herold J and Hudson Kristina L

Purchase Details

Closed on
Jul 19, 2004
Sold by
Kruse Sally L
Bought by
Hudson Herold J and Hudson Kristina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thusara Homes Wa Llc -- Accommodation
Sivaloganathan Aravanan $1,055,000 Fidelity National Title
Huor Christian $490,000 Stewart
Hudson Herold J -- --
Hudson Herold J $350,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sivaloganathan Aravanan $791,250
Previous Owner Huor Christian $376,300
Previous Owner Huor Christian $371,000
Previous Owner Huor Christian $367,500
Previous Owner Hudson Herold J $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $1,055,000 -6.2% $292 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $1,125,000 -10.4% $311 / Sq Ft
09/02/2021 09/02/21 For Sale $1,255,555 -- $347 / 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 $8,011 $1,030,000 $351,800 $678,200
2024 $8,011 $1,010,000 $337,300 $672,700
2023 $7,503 $970,000 $322,800 $647,200
2022 $6,649 $744,000 $225,900 $518,100
2020 $5,631 $632,000 $200,900 $431,100
2019 $5,210 $591,000 $146,000 $445,000
2018 $5,160 $505,000 $129,000 $376,000
2017 $4,440 $443,000 $129,000 $314,000
2016 $4,013 $396,000 $88,000 $308,000
2015 $3,887 $347,000 $88,000 $259,000
2013 $3,505 $139,000 $88,000 $51,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1833689

Northwest Multiple Listing Service (NWMLS)

APN: 006568-000-001-00