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

2125 Melvin Ave, Everett, WA 98203

$721,000

Last sold 05/29/2015 for $325K

—
bed
—
bath
2,424
Sqft ($134/Sqft)

House not for sale

About 2125 Melvin Ave

Property type House

Neighborhood

Year built 1981

HOA fee $0/month

Lot size 4,791 Sqft

Movoto estimate

Property description

Great investment for a well maintained duplex. Spacious 1,212 sf per unit. Each unit includes - 2 bedrooms & 1.5 baths, wood burning fireplace, living room windows face south, laundry area, sunny deck, 1 car garage and additional parking. Close Boeing/Medical/Shopping/Mall/Bus/I-5.

Listed by

Listing Agent - Wayne Purser

Listing Office - Coldwell Banker Bain

Source: NWMLS

MLS#772070 • last updated 2 years ago

Movoto checked NWMLS for data 11 minutes ago

Overview
Levels/Style	Duplex
MLS #	772070
SubType	Multi-Family
Type	Residential Income
SqFt	2424
Status	Sold
Lot Size (SqFt)	4791
Lot Size (Acres)	0.11
Property Tax	2891
Buying Office	Veteran Realty Services
Year Built	1981
Buying Office Phone	425-513-1798
Condition	Good

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
# Open Parking Spaces	2
# Covered Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Wood Products

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

Location
County	Snohomish
Subdivision	Pinehurst
Area	740 - Everett/Mukilteo
High School District	Everett
APN	544700802701
Zoning	Multi-Family

Multifamily Details
Net Operating Income	17089
Capitalization Rate	5.3
Expense: Insurance	1008
Gross Scheduled Income	24900
Gross Adjusted Income	23655
Total Expenses	6566
Gross Rent Multiplier	13
Nwm_Totalmonthlyincome	2075
Vacancy Rate	5

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

$721K

Range: $627K-$814K

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 19.2

Lower your payment with the loan terms that fit you.

Jun 2015
Public Records
Jun 1, 2015 Sold
$325,000
May 2015
MLS # 772070
May 29, 2015 Sold
$325,000 (+1.6%)
Apr 27, 2015 Pending
—
Apr 15, 2015 Listed
$320,000
Apr 14, 2015 Listed
$320,000

Year Property taxes Tax assessment
2025
$4,314 -25.2%

$495,700 -29.31%
2023
$5,768 +10.5%

$701,200 +23.15%
2022
$5,221 +2.1%

$569,400 +22.74%
2021
$5,114 -1.9%

$463,900
2020
$5,215 +14.3%

$463,900 +13.53%
2019
$4,564 +0.1%

$408,600
2018
$4,561 +57.7%

$408,600 +58.25%
2015
$2,891

$258,200

2125 Melvin Ave
$325K
Pinehurst-Beverly Park
$549K -5% y/y
98203
$575K -14% y/y
Everett
$519K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
6416 Commercial Ave, Everett, WA 98203	$499,000	2/1	908	0.01
6412 Commercial Ave, Everett, WA 98203	$571,000	4/2	884	0.02
6502 Commercial Ave, Everett, WA 98203	$626,000	4/3	1,891	0.03
2111 Melvin Ave, Everett, WA 98203	$635,000	3/2	1,916	0.03
6408 Commercial Ave, Everett, WA 98203	$569,000	3/2	1,090	0.03
2116 Lexington Ave, Everett, WA 98203	$736,000	3/2	2,162	0.03
2124 Lexington Ave, Everett, WA 98203	$614,000	4/2	1,545	0.03
6503 Commercial Ave, Everett, WA 98203	$562,000	3/1	1,168	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.