NOT LISTED FOR SALE

Estimated Value: $551,149 - $616,000

4 Beds
2 Baths
1,326 Sq Ft
$437/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $399,950 $302 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,478/month

4 Days on Market

Highlights

  • Territorial View
  • Thermal Windows
  • High Speed Internet
  • View Ridge Elementary School Rated A-
  • Patio
  • Partially Fenced Property

About This Home

As of September 2020

Renovated duplex with 2 bed/1 bath per side, convenient to transit & downtown amenities. Almost everything has been done! New within the past 3-4years: roof, windows, laminate flooring, carpet, hot water tank, water pipes, laundry facilities; remodeled kitchens & baths. All appliances stay. Low vacancy rate/good cash flow. Both sides currently rented, with cap rate over 6%, tenant is month 2 month. Come Live in one half & rent the other to help pay the mortgage! Limited pictures to view.

Last Buyer's Agent

Carrie Freeman

John L. Scott Snohomish License #87326

John L. Scott Snohomish

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1628933

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Cascade Terrace Condos
  • Forest Park Subdivision

Listing and Financial Details

  • Tax Block D-00
  • Assessor Parcel Number 00402900004600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,575

Year Built

Built in 1941 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1941
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Cascade Terrace
  • New Construction: No
  • CalculatedSquareFootage: 1326
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 357

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE/PUD
  • SewerCompany: Everett Utilities
  • WaterCompany: Everett Utilities
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00402900004600
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Public Reports
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 000

Green Features

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

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12600
  • LeasedItems: None
  • TotalMonthlyIncome: 12600

Multi Family

  • Gross Scheduled Income: 12600
  • Number Of Units Total: 2
  • Leasable Area: 1326
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2575

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 4, 2020
Sold by
To Tony
Bought by
Bryant Jarryd and Bryant Heather
Buyer's Agent
Carrie Freeman
John L. Scott Snohomish
List Price
$399,950
Sold Price
$399,950
Current Estimated Value
$579,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,837
Avg. Annual Appreciation
7.99%
Original Mortgage
$407,457
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2020
Sold by
To Tony and To Huong
Bought by
To Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,730
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jul 14, 2016
Sold by
Meyer Allen J
Bought by
To Tony
Seller's Agent
Theresa Burkhart
Windermere R.E. Mill Creek
List Price
$290,000
Sold Price
$282,000
Premium/Discount to List
-$8,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$276,892
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2010
Sold by
The Seipp & Savelle Family Revocable Liv
Bought by
Meyer Allen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,890
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2005
Sold by
Seipp Barbara J and Savelle David A
Bought by
Seipp Barbara J and Savelle David A
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
Bryant Jarryd $415,000 Modus Title
To Tony -- Servicelink
To Tony $282,000 Cw Title
Meyer Allen J $154,950 Commonwealth Land Title
Seipp Barbara J -- None Available
Savelle David A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Jarryd $403,750
Closed Bryant Jarryd $407,457
Previous Owner To Tony $293,730
Previous Owner To Tony $296,206
Previous Owner To Tony $294,057
Previous Owner To Tony $276,892
Previous Owner Meyer Allen J $149,631
Previous Owner Meyer Allen J $152,890
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $399,950 0.0% $302 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $399,950 +41.8% $302 / Sq Ft
07/19/2016 07/19/16 Sold $282,000 -2.8% $213 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $290,000 -- $219 / 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 $3,827 $454,400 $317,500 $136,900
2024 $3,827 $445,600 $308,700 $136,900
2023 $3,859 $469,900 $308,800 $161,100
2022 $3,156 $344,700 $208,100 $136,600
2020 $2,978 $265,300 $172,900 $92,400
2019 $2,575 $230,900 $154,900 $76,000
2018 $2,389 $196,300 $132,100 $64,200
2017 $2,152 $176,100 $113,100 $63,000
2016 $1,964 $169,000 $97,900 $71,100
2015 $1,724 $139,700 $79,800 $59,900
2013 $1,867 $133,500 $50,400 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1628933

Northwest Multiple Listing Service (NWMLS)

APN: 004029-000-046-00