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2405 Grand Ave, Everett, WA 98201

$1,250,000

Last sold 12/30/2004 after 84 Days

—
bed
—
bath

House not for sale

About 2405 Grand Ave

Property type House

Neighborhood

Year built 1977

HOA fee $0/month

Lot size 0.28 Acre

Property description

Grandview is located in Everett's most desirable rental market. Just west of downtown on Grand Avenue overlooking Possission Sound and the Everett Marina. The owner spent $200,000 on a pitched roof, designer composition asphalt, shingles, fual payne vinyl windows & siding. The owner vacated the tenants for the remodel, and consequently took advantage of this by upgrading many of the units. Excellent 1031 Exchange property with good cash flow.

Listed by

Listing Agent - Richard Walker

Listing Office - Marcus & Millichap Real Estate

Source: NWMLS

MLS#24150252 • last updated 2 years ago

Movoto checked NWMLS for data 1 minute ago

Overview
Levels/Style	Multi Family
MLS #	24150252
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	12197
Lot Size (Acres)	0.28
Property Tax	12523
Buying Office	RE/MAX Metro Associates
Year Built	1977
Buying Office Phone	206-367-0888
HOA Fee	Annually, 0
Condition	Very Good
New Construction	Completed

Interior
Flooring	Carpet
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	17
# Parking Spaces	17
# Uncovered Spaces	17
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry, Storage

Location
County	Snohomish
Area	740 - Everett/Mukilteo
High School District	Everett
APN	439155500100
Zoning	Multi-Family

Multifamily Details
Net Operating Income	75162
Capitalization Rate	6.01
Expense: Insurance	5130
Gross Scheduled Income	11888
Expense: Other	9300
Gross Adjusted Income	112375
Total Expenses	37213
Gross Rent Multiplier	10
Nwm_Totalmonthlyincome	9849
Vacancy Rate	5

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Dec 2004
Public Records
Dec 30, 2004 Sold
$1,247,650 (-0.2%)
Dec 2004
MLS # 24150252
Dec 30, 2004 Sold
$1,250,000
Oct 7, 2004 Listed
$1,250,000

Year Property taxes Tax assessment
2025
$26,074 +13.6%

$2,961,500 +5.99%
2023
$22,944 +5.8%

$2,794,000 +17.99%
2022
$21,681 +3.3%

$2,368,000 +25.42%
2021
$20,989 -1.0%

$1,888,000
2020
$21,193 +2.8%

$1,888,000 +2.16%
2019
$20,612 -5.9%

$1,848,000
2018
$21,904 +37.8%

$1,848,000 +31.25%
2015
$15,893

$1,408,000

2405 Grand Ave
$1.25M
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
2331 Grand Ave, Everett, WA 98201	$594,000	2/1	1,000	0.03
2410 Grand Ave, Everett, WA 98201	$559,000	2/1	1,216	0.03
2406 Rucker Ave, Everett, WA 98201	$761,000	8/3	2,116	0.04
2416 Grand Ave, Everett, WA 98201	$521,000	2/1	1,060	0.04
2321 Grand Ave, Everett, WA 98201	$773,000	4/2	2,245	0.05
2416 Rucker Ave, Everett, WA 98201	$575,000	3/1	1,428	0.05
2322 Grand Ave, Everett, WA 98201	$539,000	2/1	894	0.05
2316 Grand Ave, Everett, WA 98201	$487,000	3/—	872	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.