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

2018 Colby Ave, Everett, WA 98201

$888,000

Last sold 04/28/2014 for $306K

—
bed
—
bath
3,105
Sqft ($99/Sqft)

House not for sale

About 2018 Colby Ave

Property type House

Neighborhood

Year built 1912

HOA fee $0/month

Lot size 5,663 Sqft

Movoto estimate

Property description

Four Units, 6.2% Cap rate,New Roof,New Hot water tank,mountain views, close to hospital,college&waterfront, new Marriott being built, great future development potential,100% occupied,long term tenants,three units in main building,one House/cottage,room for rental increases & expense reductions to raise cap rate,coin operated laundry owned,hardwood floors, fireplace,interior remodel done on two units,plenty of parking,House in back great for owner occupancy,lot's of storage,full basement.

Listed by

Listing Agent - Donna Marshall

Listing Office - Asset Realty Group

Source: NWMLS

MLS#572714 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	572714
Virtual Tour	N/A
SubType	Multi Family
Type	Residential Income
SqFt	3105
Status	Sold
Lot Size (SqFt)	5663
Lot Size (Acres)	0.13
Property Tax	3635
Buying Office	Keller Williams Seattle Metro
Year Built	1912
Buying Office Phone	206-935-3442
Condition	Good

Interior

Exterior
Roof	Composition
# Open Parking Spaces	4
# Parking Spaces	4
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, EVERETT
Water	Public
Water Company	EVERETT
Power Company	PUD
Power Production: Type	Electric, Natural Gas, Wood
HOA Amenities	Basement, Coin Op Laundry, Storage

Location
County	Snohomish
Subdivision	Downtown
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Everett High
APN	437042502200

Multifamily Details
Net Operating Income	22608
Capitalization Rate	6.3
Expense: Insurance	1692
Expense: Electricity	180
Gross Scheduled Income	30780
Expense: Fuel	860
Gross Adjusted Income	30780
Total Expenses	8172
Gross Rent Multiplier	11
Nwm_Totalmonthlyincome	2565

$888K

Range: $719K-$1.05M

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 24.4

Lower your payment with the loan terms that fit you.

Apr 2014
Public Records
Apr 28, 2014 Sold
$306,000
Apr 2014
MLS # 572714
Apr 28, 2014 Sold
$306,000 (-14.5%)
Dec 8, 2013 Listed
$358,000

Year Property taxes Tax assessment
2025
$5,679 +18.1%

$620,500 +5.98%
2023
$4,808 +5.9%

$585,500 +18.04%
2022
$4,541 +1.6%

$496,000 +18.1%
2021
$4,470 -5.2%

$420,000
2020
$4,715 +4.6%

$420,000 +3.96%
2019
$4,506 -4.6%

$404,000
2018
$4,721 +29.3%

$404,000 +30.74%
2015
$3,652

$309,000

2018 Colby Ave
$306K
Bayside
$529K -2% 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
2016 Colby Ave, Everett, WA 98201	$510,000	3/1	1,183	0.01
2026 Colby Ave, Everett, WA 98201	$702,000	3/2	2,056	0.01
2030 Colby Ave, Everett, WA 98201	$463,000	2/1	780	0.02
2010 Colby Ave, Everett, WA 98201	$420,000	2/1	981	0.02
2008 Colby Ave, Everett, WA 98201	$491,000	3/1	1,022	0.03
2019 Hoyt Ave, Everett, WA 98201	$587,000	4/1	1,593	0.03
2023 Hoyt Ave, Everett, WA 98201	$322,000	2/1	840	0.03
2017 Hoyt Ave, Everett, WA 98201	$597,000	4/1	1,237	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.