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

1901 Madison St, Everett, WA 98203

$496,000
Last sold 04/07/2023 for $450K
—
bed
—
bath
1,700
Sqft ($265/Sqft)

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About 1901 Madison St

Property type House

Neighborhood

Year built 1920

HOA fee $0/month

Lot size 9,148 Sqft

Movoto estimate

Property description

Investment opportunity !Triplex on a large corner lot, in an excellent location near shopping and Boeing. Included are three, (1 bedroom and 1 bath) units plus 280 sq/ft garage. Community coin washer & dryer for added income. The garage is divided into two separate stalls with doors, plus a two car carport.

Listed by

Listing Agent - Dan Wilkins

Listing Office - Skyline Properties, Inc.

Source: NWMLS

MLS#1967563 • last updated 1 year ago

Movoto checked NWMLS for data 4 minutes ago

Overview
Levels/Style	Triplex
MLS #	1967563
SubType	Multi-Family
Type	Residential Income
SqFt	1700
Status	Sold
Lot Size (SqFt)	9148
Lot Size (Acres)	0.21
Property Tax	3648
Buying Office	Keller Williams Rlty Bellevue
Year Built	1920
Buying Office Phone	425-454-0911
Condition	Fair

Interior

Exterior
Foundation	Post & Pillar
Roof	Flat
# Open Parking Spaces	3
# Covered Spaces	2
# Carport Spaces	2
# Parking Spaces	7
# Uncovered Spaces	3

Amenities / Utilities
Sewer/ Septic	Everett Public Utilities
Water	Community
Water Company	Everett Public Utilities
Power Company	PUD
Power Production: Type	Electric, Natural Gas

Location
County	Snohomish
Subdivision	Pinehurst
Area	740 - Everett/Mukilteo
High School District	Everett
APN	544700401100
Zoning	Multi-Family, Residential

Multifamily Details
Net Operating Income	37475
Capitalization Rate	6.3
Expense: Insurance	650
Expense: Electricity	264
Gross Scheduled Income	44820
Gross Adjusted Income	44820
Total Expenses	7346
Gross Rent Multiplier	13.28
Nwm_Totalmonthlyincome	3735
Vacancy Rate	3

$496K

Range: $347K-$644K

Last 30 days

Rental est.: $1,404/month

• Gross rent multiplier: 26.7

Lower your payment with the loan terms that fit you.

Apr 2023
Public Records
Apr 7, 2023 Sold
$450,000
Apr 2023
MLS # 1967563
Apr 7, 2023 Sold
$450,000 (-10.0%)
Jan 27, 2023 Pending
—
Sep 25, 2022 Price Change
$499,950 (-16.0%)
Jul 29, 2022 Listed
$595,000

Year Property taxes Tax assessment
2025
$4,441 +9.1%

$479,700 -2.95%
2023
$4,069 +10.4%

$494,300 +24.32%
2022
$3,685 +5.6%

$397,600 +33.38%
2021
$3,491 +4.1%

$298,100
2020
$3,354 +6.9%

$298,100 +6.24%
2019
$3,137 +5.6%

$280,600
2018
$2,972 +52.6%

$280,600 +49.1%
2015
$1,947

$188,200

1901 Madison St
$450K
Pinehurst-Beverly Park
$574K +1% 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
1905 Madison St, Everett, WA 98203	$505,000	3/1	1,148	0.02
6730 Wetmore Ave, Everett, WA 98203	$544,000	3/2	1,376	0.02
6718 Wetmore Ave, Everett, WA 98203	$582,000	3/2	1,416	0.03
1902 Howard Ave, Everett, WA 98203	$530,000	3/1	1,013	0.03
1831 Madison St, Everett, WA 98203	$429,000	2/1	900	0.03
1908 Howard Ave, Everett, WA 98203	$522,000	2/1	1,128	0.04
1813 Madison St, Everett, WA 98203	$556,000	3/2	1,284	0.04
6708 Wetmore Ave, Everett, WA 98203	$662,000	3/2	1,533	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.