NOT LISTED FOR SALE

Estimated Value: $997,000 - $1,166,000

5 Beds
3 Baths
2,434 Sq Ft
$440/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $950,000 $390 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,458/month

15 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit and schools
  • Home Office
  • 3-minute walk to Baldwin Ave Playground

About This Home

As of August 2023

An owner occupant's investment paradise- presenting this 3 Family Home in the desirable West Everett. This home features 5 bedrooms, 3 bathrooms & 3 Off- Street tandem parking. Unit#1 has large eat-in kitchen, living room & 2 bedrooms & a full bath on first level and 1 bedroom & an office den on second level. Unit#2 has eat-in kitchen, living room, 1 bedroom, office den & a full bath. Unit#3 has eat-in kitchen, living room, 1 bedroom & a full bath. Coin-op Laundry in the basement. Separate Utilities. Unit#2 Gas Furnace installed 2019. Unit#1 Kitchen Vent & Dishwasher installed 2021. Unit#1 and Unit#2 carpet replaced 2023. Commute is a breeze with access to nearby public transportation (Bus 99,105, 106), minutes to Wellington T-Station, easy access to nearby highways. Also, nearby shops, stores, restaurants and minutes away from the Encore Casino. A perfect opportunity to live and rent in the City or a pure investment opportunity for generational wealth.

Last Agent to Sell the Property

Arjun Kunwar

eXp Realty Listed on: 06/05/2023

eXp Realty

Last Buyer's Agent

Arjun Kunwar

eXp Realty Listed on: 06/05/2023

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1900

Lot Details

  • 3,960 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,434 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Gas Dryer Hookup

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking

Schools

  • Pioneer Charter Elementary School
  • Everett High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service

Additional Features

  • Enclosed Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,050
  • Rent includes unit 2(water), unit 3(water)

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $36,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,810

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Gas Dryer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 2434
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC0342
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Dryer
  • Cooling: Window Unit(s)
  • Heating: Hot Water, Oil, Forced Air, Natural Gas, Electric
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Rent Includes: Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3960
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7810

Multi Family

  • Net Operating Income: 36600
  • Number Of Units Total: 3
  • Total Actual Rent: 3050
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Everett High S
  • Elementary School: Pioneer Charter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 28, 2023
Sold by
Sapkota Bimala and Sapkota Pratap
Bought by
Chao Michelle and Kew Jeanette
Seller's Agent
Arjun Kunwar
eXp Realty
Buyer's Agent
Arjun Kunwar
eXp Realty
List Price
$929,000
Sold Price
$950,000
Premium/Discount to List
$21,000
2.26%
Views
131
Current Estimated Value
$1,071,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,731
Avg. Annual Appreciation
5.24%
Original Mortgage
$741,000
Outstanding Balance
$723,873
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,858

Purchase Details

Closed on
Sep 28, 2020
Sold by
Sapkota Pratap and Sapkota Bimala
Bought by
Sapkota Pratap and Sapkota Bimala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 27, 2018
Sold by
Griffin Thomas
Bought by
Sapkota Pratap and Acharya Bimala
Seller's Agent
Hudson Santana
Keller Williams Realty Boston Northwest
Buyer's Agent
Rajit Shrestha
360 Realty LLC
List Price
$699,900
Sold Price
$727,000
Premium/Discount to List
$27,100
3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$617,950
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Griffin Angela M and Griffin Gerald T
Bought by
Griffin Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chao Michelle $950,000 None Available
Sapkota Pratap -- None Available
Sapkota Pratap $727,000 --
Griffin Thomas $520,000 --
Griffin Thomas $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chao Michelle $741,000
Previous Owner Sapkota Pratap $600,000
Previous Owner Sapkota Pratap $617,950
Previous Owner Griffin Thomas $416,000
Previous Owner Griffin Thomas $11,300
Previous Owner Griffin Thomas $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2023 08/28/23 Sold $950,000 +2.3% $390 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $929,000 +27.8% $382 / Sq Ft
06/27/2018 06/27/18 Sold $727,000 +3.9% $299 / Sq Ft View Prior Sale
05/10/2018 05/10/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $699,900 -- $288 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $10,317 $905,800 $210,800 $695,000
2024 $9,168 $800,000 $196,500 $603,500
2023 $9,036 $767,100 $186,900 $580,200
2022 $7,512 $725,100 $186,900 $538,200
2021 $6,930 $702,100 $180,200 $521,900
2020 $7,099 $667,200 $180,200 $487,000
2019 $7,376 $595,800 $171,600 $424,200
2018 $6,588 $478,100 $149,500 $328,600
2017 $6,192 $428,800 $124,600 $304,200
2016 $5,453 $377,400 $115,000 $262,400
2015 $5,192 $355,400 $108,100 $247,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73120250

MLS Property Information Network (MLS PIN)

APN: EVER-000000-D000002-000117