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12220 E Gibson Rd, Everett, WA 98204

$1,979,000
Last sold 01/10/2007 for $925K
—
bed
—
bath
9,500
Sqft ($97/Sqft)

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About 12220 E Gibson Rd

Property type House

Neighborhood

Year built 1997

HOA fee $0/month

Lot size 0.5 Acre

Movoto estimate

Property description

The subject property is an 8-unit apartment building well located in South Everett close to the 128th Street SW I-5 entrance/exit. The property was constructed in 1997 and consists of two 2BD/1.5BA townhouse apartments of 1,250 sq. ft., four 2BR/1.5BA townhouse apartments of 1,150 sq. ft., and two 2BD/1BA apartment flats of 1,025 sq. ft.

Listed by

Listing Agent - Richard Kemp

Listing Office - Westlake Associates, Inc.

Source: NWMLS

MLS#26177991 • last updated 1 year ago

Movoto checked NWMLS for data 7 minutes ago

Overview
Levels/Style	Multi Family
MLS #	26177991
SubType	Multi-Family
Type	Residential Income
SqFt	9500
Status	Sold
Lot Size (SqFt)	21780
Lot Size (Acres)	0.5
Property Tax	8421
Year Built	1997
Buying Office Phone	206-505-9400
HOA Fee	Annually, 0

Interior

Exterior
Roof	Composition
# Open Parking Spaces	17
# Parking Spaces	17
# Uncovered Spaces	17
Exterior Features	Wood Products

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Thermal Windows

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	373800600403
Zoning	Multi-Family

Multifamily Details
Net Operating Income	53176
Capitalization Rate	6.07
Expense: Insurance	1622
Expense: Electricity	782
Gross Scheduled Income	73200
Expense: Other	2700
Gross Adjusted Income	69540
Total Expenses	16364
Gross Rent Multiplier	11
Nwm_Totalmonthlyincome	6100
Vacancy Rate	5

Lot/ Land Details
Site Features	Cable TV

$1.97M

Range: $1.4M-$2.55M

Last 30 days

Rental est.: $1,236/month

• Gross rent multiplier: 62.4

Lower your payment with the loan terms that fit you.

Jan 2007
MLS # 26177991
Jan 10, 2007 Sold
$925,000
Oct 18, 2006 Listed
$875,000 (+18.2%)
Jan 2007
Public Records
Jan 5, 2007 Sold
$925,000 (+5.7%)
Aug 2005
Public Records
Aug 31, 2005 Sold
$740,000 (+5.7%)
Jun 2002
Public Records
Jun 13, 2002 Sold
$700,000

12220 E Gibson Rd
$925K
740 - Everett/mukilteo
—
98204
$400K -23% y/y
Everett
$520K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
815 124th St Sw, #24, Everett, WA 98204	$62,300	2/2	1,148	0.07
815 124th St Sw, #3, Everett, WA 98204	$57,100	2/2	1,052	0.07
815 124th St Sw, #70, Everett, WA 98204	$169,700	3/2	1,616	0.07
815 124th St Sw, #41, Everett, WA 98204	$36,400	3/2	950	0.07
815 124th St Sw, #13, Everett, WA 98204	$93,500	3/2	1,724	0.07
815 124th St Sw, #96, Everett, WA 98204	$83,100	2/2	1,531	0.07
815 124th St Sw, #35, Everett, WA 98204	$204,500	3/2	1,458	0.07
815 124th St Sw, #22, Everett, WA 98204	$77,900	3/2	1,436	0.07

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