Listed by John L. Scott, Inc., Bought with COMPASS
NOT LISTED FOR SALE

917 State Ave Unit 1-10 Marysville, WA 98270

Downtown Marysville Neighborhood
7 Beds
7 Baths
6,200 Sq Ft
0.53 Acres

Last Sold January 17, 2020

Last sale price $1,230,000 $198 Per Sq Ft

3 Days on Market

Highlights

  • 0.53 Acre Lot
  • Ceramic Tile Flooring
  • Wood Siding
  • Thermal Windows
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of January 2020

WOW! A Fantastic Opportunity is now yours to own this great investment property. 10 rentable spaces – 1 SFR;3 bd/1.25 ba, 4 duplexes, 1 commercial space. All units on separate electric & gas meters. Apartments have gas wall heaters, dual pane windows and metal roofs. Recent upgrades include new gutters, ext paint. Interior upgrades to the apartments include flooring, paint, kitchen, appliances, & bathroom upgrades. Please do not disturb tenants. With a Cap Rate of 8.7 it's an investor's dream!

Last Agent to Sell the Property

Lori Bixler

John L. Scott, Inc. License #104603 Listed on: 09/18/2019

John L. Scott, Inc.

Last Buyer's Agent

Erich Bubbel

COMPASS License #117941

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1520036

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 1940

Lot Details

  • 0.53 Acre Lot
  • Partially Fenced Property

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 6,200 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 20 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Marysville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30052800304500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,687

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1940
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6200
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceramic Tile
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Metal
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Sno PUD
  • SewerCompany: Marysville
  • WaterCompany: Marysville
  • WaterSewerGarbage: 10075

Schools

  • Junior High Dist: Marysville

Lot Info

  • Parcel Number: 30052800304500
  • Lot Size Acres: 0.53
  • Lot Size Sq Ft: 23087
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • MLSLotSizeSource: Realist

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 10155

Multi Family

  • Gross Scheduled Income: 121860
  • Net Operating Income: 95768
  • Number Of Units Total: 10
  • Insurance Expense: 2018
  • Leasable Area: 6200
  • UnitsInBuildingTotal: 10
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6687

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2020 01/17/20 Sold $1,230,000 +11.8% $198 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $1,099,950 +43.8% $177 / Sq Ft
04/04/2017 04/04/17 Sold $765,000 +2.0% $193 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $750,000 -- $189 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lori Bixler

    Seller's Agent in 2020

    Lori Bixler

    John L Scott

    (206) 601-5183

    44 Total Sales

    Lori Bixler
    Section Image
  • Erich Bubbel

    Buyer's Agent in 2020

    Erich Bubbel

    Avenue Properties

    (206) 399-3285

    25 Total Sales

    Erich Bubbel
    Section Image
  • Theresa Neal

    Seller's Agent in 2017

    Theresa Neal

    Agile Property Management LLC

    (425) 248-5603

    14 Total Sales

    Theresa Neal
    Section Image
  • Wendy Pedersen

    Seller Co-Listing Agent in 2017

    Wendy Pedersen

    Every Door Real Estate

    (425) 232-4266

    1 in this area

    29 Total Sales

    Wendy Pedersen
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1520036

Northwest Multiple Listing Service (NWMLS)
Washington Snohomish County Marysville 98270 Downtown Marysville

917 State Ave Unit 1-10, Marysville, WA

This home is located at 917 State Ave Unit 1-10, Marysville, WA 98270 since 18 September 2019. This property was built in 1940. 917 State Ave Unit 1-10 is a home located in Snohomish County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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