NOT LISTED FOR SALE

Estimated Value: $888,000 - $1,251,811

-- Bed
4 Baths
3,252 Sq Ft
$333/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $1,185,000 $364 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,552/month

132 Days on Market

Highlights

  • RV Access or Parking
  • Baseboard Heating
  • Vinyl Flooring
  • No HOA
  • Wood Siding

About This Home

As of October 2023

A great investment property! All 4 units have 2 bed/ 1 bth with W/D. Two units have been remodeled few years ago, lease-end next year, other two units month to month tenants. Tenants pay their own utilities. Low overhead, good cash flow. Lot size 11,326sqft, it can possibly redevelop or build an additional building. Please verify w/ city.

Last Listed By

Hiep Vinh

Skyline Properties, Inc. License #80407 Listed on: 04/21/2023

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2058731

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 60 x 193
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,252 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 20 Parking Spaces
  • Open Parking
  • RV Access or Parking

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Everett Subdivision

Listing and Financial Details

  • Assessor Parcel Number 004802007012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,000

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1969
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3252
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 375

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PUD
  • WaterSewerGarbage: 4720

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: 004802007012
  • Lot Size Acres: 0.26
  • Lot Size: 60 x 193
  • Lot Size Sq Ft: 11326
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: County Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 7300

Multi Family

  • Gross Scheduled Income: 67200
  • Net Operating Income: 14
  • Number Of Units Total: 4
  • Electric Expense: 300
  • Insurance Expense: 2000
  • Leasable Area: 3232
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4000

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2023
Closed on
Oct 13, 2023
Sold by
Nguyen Hung N and Nguyen Chi-Lan T
Bought by
Duong Rang V and Dinh Le Thao
Seller's Agent
Hiep Vinh
Skyline Properties, Inc.
Buyer's Agent
Dan Nguyen
Dove Realty, Inc.
List Price
$1,200,000
Sold Price
$1,185,000
Premium/Discount to List
-$15,000
-1.25%
Total Days on Market
132
Views
242
Current Estimated Value
$1,081,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,047
Avg. Annual Appreciation
-5.66%
Original Mortgage
$340,000
Outstanding Balance
$335,498
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
$746,455

Purchase Details

Closed on
Jul 6, 2011
Sold by
Us Bank National Association
Bought by
Nguyen Hung N and Nguyen Chi Lin T

Purchase Details

Closed on
Feb 16, 2011
Sold by
Huynh Mai T X
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 1, 2006
Sold by
Huynh Mai Xuan Thi
Bought by
M & L1 Investment Llc

Purchase Details

Closed on
May 19, 2006
Sold by
Shamseldin Fred and Shamseldin Barbara
Bought by
Family Alliance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 12, 2004
Sold by
Raemer Properties Llc
Bought by
Shamseldin Fred and Shamseldin Barbara

Purchase Details

Closed on
Jan 11, 2002
Sold by
Raemer Jeff
Bought by
Raemer Properties Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Kelley Brian S
Bought by
Raemer Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,400
Interest Rate
7.24%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Kelley Tracy A
Bought by
Kelley Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8.75%

Purchase Details

Closed on
May 14, 1997
Sold by
Skegrud Douglas H and Skegrud Glenna S
Bought by
Kelley Brian S and Kelley Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9.62%

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
Duong Rang V $1,185,000 Wfg National Title
Nguyen Hung N $270,000 Northwest Title
Us Bank National Association $360,000 None Available
M & L1 Investment Llc -- Pnwt
Family Alliance Llc -- Chicago Title
Huynh Mai T X $485,000 Chicago Title
Shamseldin Fred $300,000 Chicago
Raemer Properties Llc -- --
Raemer Jeffrey S $246,000 --
Kelley Brian S -- Fidelity National Title
Kelley Brian S $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duong Rang V $340,000
Previous Owner Huynh Mai T X $388,000
Previous Owner Raemer Jeffrey S $221,400
Previous Owner Kelley Brian S $228,000
Previous Owner Kelley Brian S $84,000
Closed Kelley Brian S $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $1,185,000 -1.3% $364 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $1,200,000 -- $369 / 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 $6,638 $1,085,700 $419,300 $666,400
2024 $6,638 $836,700 $381,000 $455,700
2023 $6,158 $795,900 $391,000 $404,900
2022 $5,363 $600,000 $317,900 $282,100
2020 $4,092 $459,000 $271,200 $187,800
2019 $3,819 $433,000 $206,500 $226,500
2018 $3,956 $387,000 $163,000 $224,000
2017 $3,804 $379,500 $151,300 $228,200
2016 $3,628 $358,000 $145,500 $212,500
2015 $3,786 $338,000 $139,700 $198,300
2013 $4,209 $352,000 $139,700 $212,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2058731

Northwest Multiple Listing Service (NWMLS)

APN: 004802-007-012-00