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

2028 Rainier Ave, Everett, WA 98201

$818,000

Last sold 05/16/2022 for $870K

—
bed
—
bath
3,911
Sqft ($222/Sqft)

House not for sale

About 2028 Rainier Ave

Property type House

Neighborhood

Year built 1905

HOA fee $0/month

Lot size 6,098 Sqft

Movoto estimate

Property description

Fantastic DT Everett Legal Tri-plex with a combined 3911 sqft. Primary building has 2 units. Unit A is 4 beds, 1.75 baths, 2391 sqft occupying the main floor and basement with updated flooring, baths, trim and doors. Unit B is 1 bed, 1 bath, 672 sqft occupying the second story with vaulted ceilings, full kitchen and loft space. Unit C is a two story detached structure in the rear of the lot built in 1950 with 2 beds, 1.75 baths 848 sqft and two separate entrances. Fenced back with ample parking, conveniently located near Everett CC, shopping and easy freeway access. All units have W/D are fully rented with long term tenants and currently providing a stable cash flow. Great long term value add with current rents below market.

Listed by

Listing Agent - Matt Stark

Listing Office - Windermere R.E. Northeast, Inc

Source: NWMLS

MLS#1906876 • last updated 2 years ago

Movoto checked NWMLS for data 16 minutes ago

Overview
Levels/Style	Triplex
MLS #	1906876
SubType	Multi-Family
Type	Residential Income
SqFt	3911
Status	Sold
Lot Size (SqFt)	6098
Lot Size (Acres)	0.14
Property Tax	5196
Buying Office	Pure Real Estate
Year Built	1905
Buying Office Phone	425-250-4848
Condition	Good

Interior

Exterior
Foundation	Block
Roof	Composition
# Open Parking Spaces	4
# Parking Spaces	4
# Uncovered Spaces	4
Exterior Features	Wood Products

Amenities / Utilities
Sewer/ Septic	Sewer Connected, 2028 Rainier Ave
Water	Public
Water Company	Everett Public Works
Power Company	PUD
Power Production: Type	Electric, Natural Gas
HOA Amenities	Basement

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Buyer To Verify
APN	401541801900
Zoning	Multi-Family

Multifamily Details
Net Operating Income	50886
Capitalization Rate	5.68
Expense: Insurance	1615
Expense: Electricity	3612
Gross Scheduled Income	67500
Gross Adjusted Income	65475
Total Expenses	14589
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	5625
Vacancy Rate	3

Lot/ Land Details
Site Features	Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings

$818K

Range: $736K-$899K

Last 30 days

Rental est.: $1,110/month

• Gross rent multiplier: 65.3

Lower your payment with the loan terms that fit you.

May 2022
Public Records
May 17, 2022 Sold
$870,000
May 2022
MLS # 1906876
May 16, 2022 Sold
$870,000 (-2.8%)
Apr 5, 2022 Pending
—
Mar 30, 2022 Listed
$895,000 (+78.3%)
Apr 2018
Public Records
Apr 9, 2018 Sold
$502,000
Apr 2018
MLS # 1243764
Apr 9, 2018 Sold
$502,000 (-1.6%)
Feb 20, 2018 Listed
$510,000 (+104.0%)
Jan 2015
MLS # 711168
Jan 22, 2015 Sold
$250,000
Nov 19, 2014 Pending
—
Nov 6, 2014 Listed
$299,000
Nov 5, 2014 Listed
$299,000
Jan 2015
Public Records
Jan 21, 2015 Sold
$250,000 (-16.4%)

Year Property taxes Tax assessment
2025
$5,631 +0.5%

$613,500 -10.11%
2023
$5,605 +5.7%

$682,500 +17.88%
2022
$5,301 +2.0%

$579,000 +29.3%
2021
$5,196 +3.4%

$447,800
2020
$5,027 +9.2%

$447,800 +8.48%
2019
$4,604 +10.2%

$412,800
2018
$4,179 +49.9%

$412,800 +82.74%
2015
$2,787

$225,900

2028 Rainier Ave
$870K
Riverside
$499K 0% y/y
98201
$525K -15% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
2022 Rainier Ave, Everett, WA 98201	$584,000	3/1	1,490	0.01
2030 Rainier Ave, Everett, WA 98201	$639,000	4/1	1,752	0.01
2018 Rainier Ave, Everett, WA 98201	$590,000	3/1	1,440	0.02
2209 21st St, Everett, WA 98201	$407,000	2/1	890	0.03
2014 Rainier Ave, Everett, WA 98201	$551,000	2/1	1,068	0.03
2027 Rainier Ave, Everett, WA 98201	$557,000	3/1	1,141	0.03
2023 Rainier Ave, Everett, WA 98201	$511,000	3/1	1,140	0.03
2031 Rainier Ave, Everett, WA 98201	$613,000	3/1	1,674	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.