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

1316 Chestnut St, Everett, WA 98201

$1,298,000

Last sold 01/05/2015 for $357K

—
bed
—
bath
3,840
Sqft ($93/Sqft)

House not for sale

About 1316 Chestnut St

Property type House

Neighborhood

Year built 1986

HOA fee $0/month

Lot size 4,800 Sqft

Movoto estimate

Property description

7.25% Cap Rate,Four Plex,Spacious 2 bedroom,1.5 bath Townhouse style Units,approx 960 square feet each. built in 1986 with all appliances including washer & dryer. Plenty of parking. Recently rented unit $795 a month the remaining units should be increased to match, upside income potential, 2 new hotels & Everett Waterfront development project underway will generate 8.6 million in revenue!Future appreciation on this property,close to college,Comcast arena&navy base,5 min to I-5.

Listed by

Listing Agent - Donna Marshall

Listing Office - Asset Realty Group

Source: NWMLS

MLS#700729 • last updated 2 years ago

Movoto checked NWMLS for data 14 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	700729
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	3840
Status	Sold
Lot Size (SqFt)	4800
Lot Size (Acres)	0.1102
Property Tax	4307
Year Built	1986
Buying Office Phone	425-348-9200
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	8
# Parking Spaces	8
# Uncovered Spaces	8
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City
Water	Public
Water Company	CITY
Power Company	PUD
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	Storage

Location
County	Snohomish
Subdivision	Riverside
Area	740 - Everett/Mukilteo
Elementary School	Hawthorne Elem
High School District	Everett
High School	Everett High
APN	428326003201

Multifamily Details
Net Operating Income	28520
Capitalization Rate	7.25
Expense: Insurance	1000
Gross Scheduled Income	37080
Expense: Other	300
Gross Adjusted Income	37080
Total Expenses	8560
Gross Rent Multiplier	11
Nwm_Totalmonthlyincome	3090
Vacancy Rate	2

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

$1.29M

Range: $1.02M-$1.57M

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 28.5

Lower your payment with the loan terms that fit you.

Jan 2015
Public Records
Jan 5, 2015 Sold
$357,500
Jan 2015
MLS # 700729
Jan 5, 2015 Sold
$357,500 (-8.3%)
Dec 1, 2014 Pending
—
Sep 27, 2014 Listed
$390,000
Sep 26, 2014 Listed
$390,000 (-1.3%)
Dec 2005
Public Records
Dec 2, 2005 Sold
$395,000 (-3.7%)
Dec 2005
MLS # 25126729
Dec 2, 2005 Sold
$410,000 (-2.4%)
Aug 25, 2005 Listed
$419,900

Year Property taxes Tax assessment
2025
$8,325 +27.8%

$945,760 +19.26%
2023
$6,512 +5.8%

$793,000 +18.01%
2022
$6,153 -2.0%

$672,000 +20.86%
2021
$6,278 +0.6%

$556,000
2020
$6,241 +7.6%

$556,000 +6.92%
2019
$5,800 -0.7%

$520,000
2018
$5,841 +29.7%

$520,000 +42.47%
2015
$4,504

$365,000

1316 Chestnut St
$357K
Delta
$529K +3% 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
1322 Chestnut St, Everett, WA 98201	$438,000	3/1	1,188	0.02
1324 Chestnut St, Everett, WA 98201	$444,000	3/1	1,408	0.03
1313 E Marine View Dr, Everett, WA 98201	$507,000	3/2	1,360	0.03
1308 Chestnut St, Everett, WA 98201	$486,000	3/1	1,178	0.03
1315 E Marine View Dr, Everett, WA 98201	$376,000	2/1	1,025	0.03
1317 E Marine View Dr, Everett, WA 98201	$418,000	2/1	1,120	0.03
1311 E Marine View Dr, Everett, WA 98201	$507,000	3/2	1,360	0.03
1309 E Marine View Dr, Everett, WA 98201	$323,000	1/1	610	0.03

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