NOT LISTED FOR SALE

8616 8th Ave W Unit 1-5 Everett, WA 98204

Westmont Neighborhood
-- Bed
-- Bath
4,654 Sq Ft
8,712 Sq Ft Lot

Last Sold August 31, 2020

Last sale price $950,000 $204 Per Sq Ft

55 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wood Siding
  • Engineered Wood Flooring

About This Home

As of August 2020

S.Everett,Five Units,5.74% Cap Rate,Minutes to Paine Field Airport & Boeing.2 bed/1 bath units,4 storage units & 4 single car garage's, built in 1979,utility bill back,opportunity to add income with coin operated laundry,below market rents for rental upside,100%occupied,recent interior remodeling on all units,recent exterior painting,roof less than 8 years old,shared laundry machines onsite,Everett is a rapidly appreciating area.Future job growth in Everett in next 10yrs predicted at 38.2%.

Last Listed By

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 04/23/2020

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1584145

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,548

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,654 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 9 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00580600000201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,548

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4654
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour
  • Cumulative Days on Market: 313

Interior Features

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

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: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: CITY OF EVERETT
  • WaterCompany: city of Everett
  • WaterSewerGarbage: 3210

Schools

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

Lot Info

  • Parcel Number: 00580600000201
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 6975

Multi Family

  • Gross Scheduled Income: 83700
  • Net Operating Income: 55997
  • Number Of Units Total: 5
  • Electric Expense: 479
  • Insurance Expense: 2127
  • Leasable Area: 4654
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6548

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $950,000 -2.6% $204 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $975,000 -- $209 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1584145

Northwest Multiple Listing Service (NWMLS)