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

1318 Chestnut St, Everett, WA 98201

$1,301,000

Last sold 05/21/2016 for $450K

—
bed
—
bath
3,840
Sqft ($117/Sqft)

House not for sale

About 1318 Chestnut St

Property type House

Neighborhood

Year built 1985

HOA fee $0/month

Lot size 4,800 Sqft

Movoto estimate

Property description

Rental income while living here! Nice 4plex, All units Townhouse style, 2 Lrg bedrooms 1.5 bath, Cute floor plan, cozy. W/D in unit, 2 parkings/unit. New rent can be negotiated. Newer Roof & exterior paint, Double pane windows, Good location. Low cost building maintenance. Once in a lifetime opportunity to become a Landlord with a building has Zero Vacancy. Easy to get financing. Mins to Freeways, Boeing, downtown, Riverfront Development & Bus Line. Adj 4-plex 1318 &1320 also for sale.

Listed by

Listing Agent - Phuong N. Do

Listing Office - Xtreme Rlty & Financials, Inc

Source: NWMLS

MLS#944787 • last updated 2 years ago

Movoto checked NWMLS for data 9 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	944787
SubType	Multi-Family
Type	Residential Income
SqFt	3840
Status	Sold
Lot Size (SqFt)	4800
Lot Size (Acres)	0.1102
Property Tax	4504
Year Built	1985
Buying Office Phone	206-721-2222
HOA Fee	Annually
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
Power Production: Type	Electric
Security Features	FullyFenced

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	438326003100
Zoning	Multi-Family

Multifamily Details
Net Operating Income	24958
Capitalization Rate	5.5
Expense: Insurance	1553
Gross Scheduled Income	36000
Gross Adjusted Income	36000
Total Expenses	11042
Gross Rent Multiplier	13

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

$1.3M

Range: $1.01M-$1.58M

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 35.9

Lower your payment with the loan terms that fit you.

Jul 2016
Public Records
Jul 7, 2016 Sold
$450,000
May 2016
MLS # 944787
May 25, 2016 Pending
—
May 21, 2016 Sold
$450,000
May 17, 2016 Listed
$450,000
May 16, 2016 Listed
$450,000 (+8.3%)
Oct 2005
Public Records
Oct 3, 2005 Sold
$415,500 (+0.1%)
Oct 2005
MLS # 25116200
Oct 3, 2005 Sold
$415,000 (+3.8%)
Aug 6, 2005 Listed
$399,950 (+17.6%)
Mar 2004
Public Records
Mar 12, 2004 Sold
$340,000
Mar 2004
MLS # 23138301
Mar 12, 2004 Sold
$340,000 (-4.0%)
Oct 10, 2003 Listed
$354,000 (+32.3%)
Sep 2001
Public Records
Sep 14, 2001 Sold
$267,500 (-0.9%)
Sep 2001
MLS # 21100720
Sep 14, 2001 Sold
$269,950
Jul 27, 2001 Listed
$269,950

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

$945,620 +19.25%
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 -4.7%

$520,000
2018
$6,084 +35.1%

$520,000 +28.71%
2015
$4,504

$404,000

1318 Chestnut St
$450K
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	0.01
1324 Chestnut St, Everett, WA 98201	$444,000	3/1	1,408	0.02
1326 Chestnut St, Everett, WA 98201	$426,000	2/1	1,226	0.03
1317 E Marine View Dr, Everett, WA 98201	$418,000	2/1	1,120	0.03
1315 E Marine View Dr, Everett, WA 98201	$376,000	2/1	1,025	0.03
1313 E Marine View Dr, Everett, WA 98201	$507,000	3/2	1,360	0.03
1319 E Marine View Dr, Everett, WA 98201	$490,000	4/2	1,634	0.03
1311 E Marine View Dr, Everett, WA 98201	$507,000	3/2	1,360	0.04

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