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

1831 Madison St SE, Everett, WA 98203

$429,000
Last sold 11/03/2020 for $375K
—
bed
—
bath
1,766
Sqft ($212/Sqft)

House not for sale

Movoto is helping 37 homebuyers near you

About 1831 Madison St SE

Property type House

Neighborhood

Year built 1925

HOA fee $0/month

Lot size 7,405 Sqft

Movoto estimate

Property description

Two houses on one lot. Big back yard to build. Fantastic investment/income opportunity in central Everett location! Good tenants: all units currently rented out. Two separate homes with 2-bed and 1 bath units with both with washer/dryer. Rents are below market with huge upside potential. Off-street parking. Minutes to I-5, Boeing, Everett Mall, and bus lines. Don’t miss out! **Please Do Not Disturb the tenants, Don't walk the property or talk to tenants.*

Listed by

Listing Agent - Jose P. Hurtado

Listing Office - RSVP Real Estate

Source: NWMLS

MLS#1657586 • last updated 1 year ago

Movoto checked NWMLS for data 12 minutes ago

Overview
Levels/Style	Duplex
MLS #	1657586
SubType	Multi-Family
Type	Residential Income
SqFt	1766
Status	Sold
Lot Size (SqFt)	7405
Lot Size (Acres)	0.17
Property Tax	2648
Buying Office	Lakeside Properties Company
Year Built	1925
Buying Office Phone	206-200-5626
Condition	Fair

Interior

Exterior
Roof	Torch Down
# Open Parking Spaces	4
Parking Desc	RV Parking
# Parking Spaces	4
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	Public
Power Company	Snohomish PUD
Power Production: Type	Electric
Security Features	FullyFenced

Location
View	Territorial
County	Snohomish
Subdivision	Madison
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Buyer To Verify
APN	531600002200
Zoning	Multi-Family

Multifamily Details
Net Operating Income	16582
Capitalization Rate	4
Expense: Insurance	814
Gross Scheduled Income	22800
Expense: Other	1364
Gross Adjusted Income	22800
Total Expenses	6218
Gross Rent Multiplier	16
Nwm_Totalmonthlyincome	1900

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Partially, Outbuildings, RV Parking

$429K

Range: $351K-$506K

Last 30 days

Rental est.: $1,404/month

• Gross rent multiplier: 22.3

Lower your payment with the loan terms that fit you.

Nov 2020
Public Records
Nov 3, 2020 Sold
$375,000
Nov 2020
MLS # 1657586
Nov 3, 2020 Sold
$375,000 (+1.4%)
Sep 16, 2020 Pending
—
Sep 8, 2020 Listed
$370,000 (+362.5%)
Oct 2012
Public Records
Oct 19, 2012 Sold
$80,000
Oct 2012
MLS # 338232
Oct 19, 2012 Sold
$80,000 (-11.1%)
Apr 1, 2012 Listed
$90,000 (-65.0%)
Jul 2007
MLS # 27095916
Jul 2, 2007 Sold
$257,000
Jun 1, 2007 Listed
$257,000
Jun 2007
Public Records
Jun 29, 2007 Sold
$257,000

Year Property taxes Tax assessment
2025
$3,222 +11.1%

$349,900 -0.57%
2023
$2,900 +21.6%

$351,900 +35.61%
2022
$2,384 -7.2%

$259,500 +10.33%
2021
$2,569 -3.0%

$235,200
2020
$2,648 +8.6%

$235,200 +7.94%
2019
$2,437 +3.8%

$217,900
2018
$2,348 +45.2%

$217,900 +51.64%
2015
$1,618

$143,700

1831 Madison St SE
$375K
Pinehurst-Beverly Park
$574K +4% y/y
98203
$575K -11% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1813 Madison St, Everett, WA 98203	$556,000	3/2	1,284	0.01
6730 Wetmore Ave, Everett, WA 98203	$544,000	3/2	1,376	0.01
1809 Madison St, Everett, WA 98203	$570,000	3/2	1,098	0.02
6718 Wetmore Ave, Everett, WA 98203	$582,000	3/2	1,416	0.02
1807 Madison St, Everett, WA 98203	$538,000	3/1	1,212	0.03
6708 Wetmore Ave, Everett, WA 98203	$662,000	3/2	1,533	0.03
1814 Madison St, Everett, WA 98203	$497,000	3/2	917	0.03
1808 Madison St, Everett, WA 98203	$474,000	2/1	872	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.