About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

1117 Pacific Ave, Everett, WA 98201

$824,000

Last sold 09/10/2018 for $550K

—
bed
—
bath
2,670
Sqft ($206/Sqft)

House not for sale

About 1117 Pacific Ave

Property type House

Neighborhood

Year built 1927

HOA fee $0/month

Lot size 8,276 Sqft

Movoto estimate

Property description

New zoning changes mean big opportunity for this fully functioning duplex with potentially 5314 sq ft of rentable space. Currently R4 with Clinic Overlay set to be classified as UR - Urban Residential (7-11 floors) - Multifamily? Medical Clinic? retail? microbrewery? Improve duplex and increase rentable space? Currently, each side enjoys 1335 sq ft, 2 beds and 1 bath. Huge basement with tall ceilings make this prime to finish off as tri/fourplex. Cap rate as is pro forma 5.7% - potential is HUGE

Listed by

Listing Agent - Mark Corcoran

Listing Office - Windermere Real Estate Midtown

Source: NWMLS

MLS#1327818 • last updated 2 years ago

Movoto checked NWMLS for data 22 minutes ago

Overview
Levels/Style	Duplex
MLS #	1327818
SubType	Multi-Family
Type	Residential Income
SqFt	2670
Status	Sold
Lot Size (SqFt)	8276
Lot Size (Acres)	0.19
Property Tax	4137
Buying Office	Windermere Real Estate RBI
Year Built	1927
Buying Office Phone	425-348-7368
HOA Fee	Annually, 0
Condition	Good

Interior
Interior Features	Hardwood

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	4
# Covered Spaces	2
# Parking Spaces	6
# Uncovered Spaces	4
Exterior Features	Brick

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	PUD Of SnoCo
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	Basement, Thermal Windows

Location
View	Territorial
County	Snohomish
Subdivision	In Town
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Buyer To Verify
APN	437572201800
Directions	Northeast Corner Of W Marine View Drive And Pacific By Providence/Pacific Campus.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	31703
Capitalization Rate	5.7
Expense: Insurance	960
Gross Scheduled Income	39600
Gross Adjusted Income	39600
Total Expenses	7897
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	3300

Lot/ Land Details
Site Features	Cable TV, Fenced-Partially, High Speed Internet, Patio

$824K

Range: $667K-$980K

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 43.9

Lower your payment with the loan terms that fit you.

Sep 2018
MLS # 1327818
Sep 10, 2018 Sold
$550,000
Jul 16, 2018 Listed
$550,000 (+39.2%)
Sep 2018
Public Records
Sep 7, 2018 Sold
$550,000
Jul 2018
MLS # 1329623
Jul 16, 2018 Listed
$550,000
Apr 2006
Public Records
Apr 27, 2006 Sold
$395,000

Year Property taxes Tax assessment
2025
$6,625 +13.6%

$770,000 +8.45%
2023
$5,830 +2.2%

$710,000 +13.96%
2022
$5,704 -2.4%

$623,000 +21.92%
2021
$5,841 +1.8%

$511,000
2020
$5,736 +9.7%

$511,000 +8.96%
2019
$5,231 +26.4%

$469,000
2018
$4,137 +47.7%

$469,000 +93.8%
2015
$2,801

$242,000

1117 Pacific Ave
$550K
Port Gardner
$580K -26% y/y
98201
$529K -11% y/y
Everett
$519K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3020 W Marine View Dr, Everett, WA 98201	$448,000	3/1	946	0.01
3011 W Marine View Dr, Everett, WA 98201	$464,000	4/2	940	0.05
3017 Nassau St, Everett, WA 98201	$469,000	3/1	1,302	0.05
1208 Pacific Ave, Everett, WA 98201	$475,000	2/1	924	0.05
3013 Nassau St, Everett, WA 98201	$589,000	4/1	1,472	0.05
3004 W Marine View Dr, Everett, WA 98201	$622,000	3/2	1,587	0.06
3107 Norton Ave, Everett, WA 98201	$574,000	3/1	1,542	0.06
1210 Pacific Ave, Everett, WA 98201	$456,000	2/1	763	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.