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

2111 Colby Ave, Everett, WA 98201

$1,194,000

Last sold 06/29/2020 for $853K

—
bed
—
bath
3,718
Sqft ($229/Sqft)

House not for sale

About 2111 Colby Ave

Property type House

Neighborhood

Year built 1963

HOA fee $0/month

Lot size 5,663 Sqft

Movoto estimate

Property description

Fantastic opportunity to own a fourplex in the thriving and growing area of Everett, near the new downtown waterfront. The unit mix consists of 4 2 bed 1 Bath 930 sqft units. Fully occupied with long-term tenants. Plenty of upside, rents haven't been increased in over 3 years. Coin-op Laundry for added income. Seller Financing Available. Don't miss this opportunity, call today! Close to schools, shopping, park-in-ride, I-5 and Boeing.

Listed by

Listing Agent - Corey Crain

Listing Office - Keller Williams Realty Bothell

Source: NWMLS

MLS#1602430 • last updated 2 years ago

Movoto checked NWMLS for data 14 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	1602430
SubType	Multi-Family
Type	Residential Income
SqFt	3718
Status	Sold
Lot Size (SqFt)	5663
Lot Size (Acres)	0.13
Property Tax	6061
Buying Office	Keller Williams Realty Bothell
Year Built	1963
Buying Office Phone	425-482-6100
Condition	Very Good

Exterior
Roof	Flat
Construction	Standard Frame
# Open Parking Spaces	4
# Carport Spaces	4
# Parking Spaces	8
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry, See Remarks, Thermal Windows

Location
County	Snohomish
Subdivision	Downtown
Area	740 - Everett/Mukilteo
High School District	Everett
APN	439143500600
Zoning	Multi-Family, Residential

Multifamily Details
Net Operating Income	44153
Capitalization Rate	5.1
Expense: Insurance	1872
Gross Scheduled Income	59400
Expense: Other	1400
Gross Adjusted Income	58212
Total Expenses	14059
Gross Rent Multiplier	15
Nwm_Totalmonthlyincome	4950
Vacancy Rate	2

Lot/ Land Details
Site Features	Cable TV, High Speed Internet

$1.19M

Range: $955K-$1.43M

Last 30 days

Rental est.: $1,045/month

• Gross rent multiplier: 68.0

Lower your payment with the loan terms that fit you.

Jun 2020
MLS # 1602430
Jun 29, 2020 Sold
$853,000
May 16, 2020 Listed
$850,000 (+7.6%)
Jun 2020
Public Records
Jun 26, 2020 Sold
$853,000 (+0.4%)
Dec 2007
Public Records
Dec 17, 2007 Sold
$790,000

Year Property taxes Tax assessment
2025
$8,334 +6.5%

$946,500 +5.99%
2023
$7,828 +12.0%

$893,000 +24.03%
2022
$6,988 +19.6%

$720,000 +30.91%
2021
$5,841 -5.4%

$550,000
2020
$6,174 +4.4%

$550,000 +3.77%
2019
$5,911 -5.1%

$530,000
2018
$6,230 +40.3%

$530,000 +40.21%
2015
$4,442

$378,000

2111 Colby Ave
$853K
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
2115 Colby Ave, Everett, WA 98201	$925,000	3/2	2,799	0.01
1612 21st St, Everett, WA 98201	$337,000	1/1	790	0.02
2110 Wetmore Ave, Everett, WA 98201	$512,000	2/1	1,152	0.03
2108 Wetmore Ave, Everett, WA 98201	$534,000	4/2	1,160	0.03
2114 Wetmore Ave, Everett, WA 98201	$575,000	3/1	1,428	0.03
2104 Wetmore Ave, Everett, WA 98201	$520,000	3/2	1,232	0.03
2102 Wetmore Ave, Everett, WA 98201	$569,000	3/1	1,232	0.04
2112 Colby Ave, Everett, WA 98201	$535,000	3/2	1,951	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.