Listed by Windermere R.E. Northeast, Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

906 E Marine View Dr Everett, WA 98201

Delta Neighborhood

Estimated Value: $744,000 - $868,000

7 Beds
4 Baths
2,400 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $685,000 $285 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,844/month

63 Days on Market

Highlights

  • 0.31 Acre Lot
  • Territorial View
  • Cul-De-Sac
  • Deck
  • No HOA
  • Tankless Water Heater

About This Home

As of September 2022

Back on market! Fantastic North Everett 4 plex. 2400sqft, with three 2 bed 1 bath units and one 1 bed 1 bath unit. Updated flooring, new tile baths and gas fireplaces. Updated exterior with vinyl siding, new roof in 2015, new front porch in 2019, vinyl windows and covered breezeway for three units. All units have tankless gas hot water heaters, one unit has W/D with other three using a coin laundry in detached storage building. Fully fenced property on corner lot with ample parking. Conveniently located near Everett CC, shopping and easy freeway access. All units are fully rented on month to month leases and currently providing a stable cash flow. Great long term value add with current rents below market.

Last Agent to Sell the Property

Matt Stark

Windermere R.E. Northeast, Inc License #119385 Listed on: 02/10/2022

Windermere R.E. Northeast, Inc

Last Buyer's Agent

Bryan Mize

Skyline Properties, Inc. License #17647

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1885614

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,395

Year Built

  • Built in 1901

Lot Details

  • 0.31 Acre Lot
  • Cul-De-Sac
  • Dog Run
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Laminate
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00438718903000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,395

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1901
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2400
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Tankless Water Heater, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 2880

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: 00438718903000
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Dog Run,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Shop
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3930

Multi Family

  • Gross Scheduled Income: 47160
  • Net Operating Income: 35811
  • Number Of Units Total: 4
  • Electric Expense: 408
  • Insurance Expense: 2336
  • Leasable Area: 2400
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4395

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Aug 31, 2022
Sold by
Dearman Katie N and Dearman Frank L
Bought by
Mize Bryan D
Seller's Agent
Matt Stark
Windermere R.E. Northeast, Inc
Buyer's Agent
Bryan Mize
Skyline Properties, Inc.
List Price
$699,950
Sold Price
$685,000
Premium/Discount to List
-$14,950
-2.14%
Current Estimated Value
$801,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,376
Avg. Annual Appreciation
5.60%
Original Mortgage
$335,000
Outstanding Balance
$322,206
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$483,946

Purchase Details

Closed on
Feb 11, 2014
Sold by
Dearman Frank L
Bought by
Dearman Katie N and Dearman Frank L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2010
Sold by
Fannie Mae
Bought by
Dearman Frank L

Purchase Details

Closed on
Feb 8, 2010
Sold by
Leng Philip V and Leng Patsy J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 12, 2007
Sold by
Leng Philip and Leng Patsy
Bought by
Oak Tree Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2007
Sold by
Jones Hugh
Bought by
Leng Philip and Leng Patsy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mize Bryan D -- Chicago Title
Dearman Katie N -- First American Title Ins Co
Dearman Frank L $130,000 Stewart Title Company
Federal National Mortgage Association $277,584 Accommodation
Oak Tree Properties Llc $56,179 Pnwt
Leng Philip $315,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mize Bryan D $335,000
Previous Owner Dearman Katie N $196,000
Previous Owner Leng Philip $76,336
Previous Owner Leng Philip $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $685,000 0.0% $285 / Sq Ft
05/17/2022 05/17/22 Off Market $685,000 -- --
04/14/2022 04/14/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $699,950 0.0% $292 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $699,950 0.0% $292 / Sq Ft
02/22/2022 02/22/22 Pending -- -- --
02/20/2022 02/20/22 For Sale $699,950 0.0% $292 / Sq Ft
02/11/2022 02/11/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $699,950 -- $292 / 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 $6,141 $722,000 $390,600 $331,400
2024 $6,141 $715,020 $385,600 $329,420
2023 $4,652 $566,500 $373,600 $192,900
2022 $4,395 $480,000 $266,700 $213,300
2020 $4,310 $384,000 $231,700 $152,300
2019 $4,015 $360,000 $226,700 $133,300
2018 $3,797 $312,000 $162,000 $150,000
2017 $3,372 $276,000 $147,400 $128,600
2016 $2,790 $240,000 $132,400 $107,600
2015 $2,813 $228,000 $125,700 $102,300
2013 $2,797 $200,000 $125,700 $74,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1885614

Northwest Multiple Listing Service (NWMLS)

APN: 004387-189-030-00