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

2305 Colby Ave, Everett, WA 98201

$970,000

Last sold 12/14/2021 after 126 Days

—
bed
—
bath
3,847
Sqft ($252/Sqft)

House not for sale

About 2305 Colby Ave

Property type House

Neighborhood

Year built 1900

HOA fee $0/month

Lot size 6,098 Sqft

Property description

Attention Investors. Excellent opportunity in downtown Everett, just 1 block north of the high school. Large frontage on Colby. Property features two studios, Three 1 bedroom. Duplex is 1 Br/1Ba, 2Br/1ba. Old world vintage charm on a large lot. Potential for coin op laundry. Great Cash Flow with affordable stable income plus future upside building potential of 14 units, R4 zone. New roofs, newer windows. DO NOT DISTURB Tenants. Do not enter property. Potential to purchase 2311 rambler next door for more parking and storage with 2305. Limited showings 10/14 and 10/17 ask your agent to schedule.

Listed by

Listing Agent - Aimee E. Anthony

Listing Office - Real Estate 2000 Inc.

Source: NWMLS

MLS#1818569 • last updated 2 years ago

Movoto checked NWMLS for data 10 minutes ago

Overview
Levels/Style	Multi Family
MLS #	1818569
SubType	Multi-Family
Type	Residential Income
SqFt	3847
Status	Sold
Lot Size (SqFt)	6098
Lot Size (Acres)	0.14
Property Tax	6432
Buying Office	John L. Scott Mill Creek
Year Built	1900
Buying Office Phone	425-743-1600
Condition	Good

Interior

Exterior
Roof	Composition
# Covered Spaces	1
Parking Desc	RV Parking
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Everett
Water	Public
Water Company	Everett
Power Company	PUD
Power Production: Type	Electric, Natural Gas
Security Features	FullyFenced
HOA Amenities	Basement, See Remarks

Location
View	Territorial
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	439149000300

Multifamily Details
Net Operating Income	78504
Capitalization Rate	7.13
Expense: Insurance	3984
Gross Scheduled Income	91800
Expense: Fuel	720
Gross Adjusted Income	78504
Total Expenses	13296
Gross Rent Multiplier	12
Nwm_Totalmonthlyincome	7755

Lot/ Land Details
Site Features	Cable TV, Fenced-Partially, Gas Available, Outbuildings, Patio, RV Parking

We are not permitted to show value estimates for this property.

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Dec 2021
MLS # 1818569
Dec 14, 2021 Sold
$970,000
Oct 20, 2021 Pending
—
Sep 30, 2021 Price Change
$980,000 (-1.0%)
Sep 12, 2021 Price Change
$990,000 (-5.7%)
Sep 7, 2021 Price Change
$1,050,000 (-4.5%)
Aug 10, 2021 Listed
$1,100,000 (+6.3%)
Dec 2021
Public Records
Dec 13, 2021 Sold
$970,000 (-1.0%)
May 2017
MLS # 1113805
May 25, 2017 Listed
$1,035,000 (+4.0%)
Apr 27, 2017 Listed
$995,000 (+15.0%)
Nov 2016
MLS # 1044685
Nov 17, 2016 Pending
—
Oct 17, 2016 Listed
$865,000 (+147.1%)
Mar 2006
Public Records
Mar 23, 2006 Sold
$350,000 (-30.0%)
Mar 2006
MLS # 26015956
Mar 22, 2006 Sold
$500,000 (-4.8%)
Feb 1, 2006 Listed
$525,000

Year Property taxes Tax assessment
2025
$8,491 +14.8%

$955,000 +5.99%
2023
$7,399 +14.8%

$901,000 +27.98%
2022
$6,446 +0.1%

$704,000 +21.38%
2021
$6,437 -1.1%

$580,000
2020
$6,511 +5.7%

$580,000 +5.07%
2019
$6,157 -4.2%

$552,000
2018
$6,425 +47.9%

$552,000 +38.0%
2015
$4,343

$400,000

2305 Colby Ave
$970K
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
2311 Colby Ave, Everett, WA 98201	$416,000	2/1	664	0.01
2315 Colby Ave, Everett, WA 98201	$355,000	3/2	700	0.02
2319 Colby Ave, Everett, WA 98201	$633,000	3/1	1,596	0.03
2310 Wetmore Ave, Everett, WA 98201	$467,000	3/1	814	0.03
2302 Wetmore Ave, Everett, WA 98201	$514,000	2/1	1,276	0.03
1611 23rd St, Everett, WA 98201	$756,000	4/3	2,248	0.05
2221 Colby Ave, Everett, WA 98201	$627,000	3/1	1,906	0.06
2307 Wetmore Ave, Everett, WA 98201	$721,000	4/2	1,686	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.