Listed by Keller Williams Eastside, Bought with Homes & Equity Real Estate Grp
NOT LISTED FOR SALE

Estimated Value: $991,767 - $1,072,000

-- Bed
4 Baths
3,840 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $600,000 $156 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,157/month

22 Days on Market

Highlights

  • Territorial View
  • High Speed Internet
  • Wall to Wall Carpet
  • Patio

About This Home

As of May 2019

Excellent investment South Everett. Park like setting. 4 plex with impressive cash flow. Month to month tenants, conveniently positioned near I-5, Boeing, shopping, and community amenities. New roof installed. Each unit is townhouse style, 960 SF, 2 BR 1.5 bath and offers full size washer/dryer, private deck and secured storage unit. Paved parking lot with 8 spaces included and 2 for visitors. Park grounds are maintained by the HOA. Please be respectful of tenants privacy.

Last Agent to Sell the Property

Eugene Adams

Keller Williams Eastside License #87428 Listed on: 03/07/2019

Keller Williams Eastside

Co-Listed By

Thuy Nguyen

Keller Williams Eastside License #116446

Last Buyer's Agent

Renee Sedghinasab

Homes & Equity Real Estate Grp License #131999

Homes & Equity Real Estate Grp

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1418145

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 1979

Lot Details

  • 0.26 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Discvy Elementary School
  • Voyager Mid Middle School
  • Mariner High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • South Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00678400000500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,932

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3840
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thanks for your showing!
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: POD
  • SewerCompany: Alderwood
  • WaterCompany: Alderwood
  • WaterSewerGarbage: 3200

Schools

  • Junior High Dist: Mukilteo
  • High School: Mariner High
  • Middle Or Junior School: Voyager Mid

Lot Info

  • Parcel Number: 00678400000500
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 34692
  • Number Of Units Total: 6
  • Insurance Expense: 2064
  • Leasable Area: 3840
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2018
  • Tax Annual Amount: 5932

MLS Schools

  • Elementary School: Discvy Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Wontazeri Mortaza
Bought by
Montazeri Ryan
Current Estimated Value
$1,025,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$401,349
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$623,843

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 25, 2019
Sold by
Montazeri Cindy
Bought by
Montazeri Mortaza
Seller's Agent
Eugene Adams
Keller Williams Eastside
Buyer's Agent
Renee Sedghinasab
Homes & Equity Real Estate Grp
List Price
$749,950
Sold Price
$600,000
Premium/Discount to List
-$149,950
-19.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$450,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2015
Closed on
Jan 21, 2016
Sold by
Scholtz Dale F and Scholtz Eugenie A
Bought by
Samhan Mohammad and Shehada Muna Abu
Buyer's Agent
Kamal Mahmoud
Skyline Properties, Inc.
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$318,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Scholtz Eugenie A
Bought by
Scholtz Dale F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Montazeri Ryan -- Old Republic Title Ltd
Montazeri Mortaza -- Ticor Title
Montazeri Ryan $600,000 Ticor Title
Samhan Mohammad $425,000 Chicago Title
Scholtz Dale F -- Stewart
Scholtz Dale F $425,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montazeri Ryan $450,000
Previous Owner Montazeri Ryan $450,000
Previous Owner Samhan Mohammad $318,750
Previous Owner Scholtz Dale F $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2019 05/07/19 Sold $600,000 -20.0% $156 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $749,950 0.0% $195 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $749,950 +76.5% $195 / Sq Ft
01/29/2016 01/29/16 Sold $425,000 -5.6% $111 / Sq Ft View Prior Sale
12/01/2015 12/01/15 Pending -- -- --
11/24/2015 11/24/15 For Sale $450,000 -- $117 / 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 $8,856 $1,044,600 $515,800 $528,800
2024 $8,856 $1,008,100 $453,100 $555,000
2023 $7,153 $836,200 $342,500 $493,700
2022 $7,680 $768,000 $292,500 $475,500
2020 $7,097 $690,000 $266,200 $423,800
2019 $6,340 $614,000 $184,500 $429,500
2018 $5,932 $498,000 $179,300 $318,700
2017 $4,985 $422,000 $163,000 $259,000
2016 $4,816 $404,000 $155,500 $248,500
2015 $4,758 $365,000 $151,000 $214,000
2013 $4,422 $316,000 $151,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1418145

Northwest Multiple Listing Service (NWMLS)

APN: 006784-000-005-00