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

2408 Monroe Ave, Everett, WA 98203

$566,000

Last sold 05/03/2017 for $347K

—
bed
—
bath
1,560
Sqft ($222/Sqft)

House not for sale

About 2408 Monroe Ave

Property type House

Neighborhood

Year built 1969

HOA fee $0/month

Lot size 8,276 Sqft

Movoto estimate

Property description

Don't miss out on this brick rambler duplex w New Roof in the rapidly booming area of South Everett! Great investment opportunity w long term tenants & nearly ZERO turnover. RENTS BELOW MARKET! AVG. IN AREA IS $1,280 EACH SIDE. Residential neighborhood location, just minutes away from Everett Mall. Easy access I-5 & 526 to Boeing, & Mukilteo Ferries. Long private driveway w/ each unit having its own garage, guest and/or RV parking! Large grassy front yard for each unit is partially fenced.

Listed by

Listing Agent - George Caudill

Listing Office - Pacific Properties

Source: NWMLS

MLS#1098869 • last updated 2 years ago

Movoto checked NWMLS for data 8 minutes ago

Overview
Levels/Style	Duplex
MLS #	1098869
SubType	Multi-Family
Type	Residential Income
SqFt	1560
Status	Sold
Lot Size (SqFt)	8276
Lot Size (Acres)	0.19
Property Tax	3452
Buying Office	John L. Scott - KMS Kent
Year Built	1969
Buying Office Phone	253-852-9200
Condition	Average

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	4
# Covered Spaces	2
Parking Desc	RV Parking
# Parking Spaces	6
# Uncovered Spaces	4
Exterior Features	Brick

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

Location
County	Snohomish
Subdivision	Madison
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Evergreen Mid
High School District	Everett
High School	Cascade High
APN	545003100900
Zoning	Multi-Family

Multifamily Details
Net Operating Income	15848
Capitalization Rate	6.5
Expense: Insurance	905
Gross Scheduled Income	23880
Expense: Other	2155
Gross Adjusted Income	23880
Total Expenses	8032
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	23880

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

$566K

Range: $435K-$696K

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 20.5

Lower your payment with the loan terms that fit you.

May 2017
Public Records
May 3, 2017 Sold
$347,000
May 2017
MLS # 1098869
May 3, 2017 Sold
$347,000 (+2.1%)
Apr 1, 2017 Listed
$339,950 (+9.7%)
May 2006
Public Records
May 19, 2006 Sold
$310,000
May 2006
MLS # 26021642
May 19, 2006 Sold
$310,000 (-6.0%)
Feb 13, 2006 Listed
$329,950

Year Property taxes Tax assessment
2025
$4,737 -3.4%

$526,300 -11.72%
2023
$4,906 +11.9%

$596,200 +24.75%
2022
$4,384 +2.6%

$477,900 +23.46%
2021
$4,272 -1.9%

$387,100
2020
$4,353 +14.8%

$387,100 +14.05%
2019
$3,793 +0.7%

$339,400
2018
$3,765 +43.2%

$339,400 +37.3%
2015
$2,630

$247,200

2408 Monroe Ave
$347K
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
2330 Monroe Ave, Everett, WA 98203	$556,000	3/1	1,405	0.01
2414 Monroe Ave, Everett, WA 98203	$585,000	3/2	1,808	0.02
2320 Monroe Ave, Everett, WA 98203	$607,000	3/2	1,520	0.02
2409 Monroe Ave, Everett, WA 98203	$774,000	5/2	2,232	0.03
2411 Jackson Ave, Everett, WA 98203	$467,000	3/1	852	0.03
2329 Jackson Ave, Everett, WA 98203	$819,000	3/1	1,824	0.03
2314 Monroe Ave, Everett, WA 98203	$413,000	2/1	798	0.03
2420 Monroe Ave, Everett, WA 98203	$581,000	3/1	1,496	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.