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3117 Colby Ave, Everett, WA 98201

$561,000

Last sold 09/24/2004 after 46 Days

—
bed
—
bath

House not for sale

About 3117 Colby Ave

Property type House

Neighborhood

Year built 1958

HOA fee $0/month

Lot size 5,663 Sqft

Property description

Centrally located downtown Everett. Two buildings, both w/ garages. Peek a view of Puget Sound & Mtns.Excellent condition and location,4 uppr. apts. feature covered decks w/ view east & west.Bldg #1:6 units,3-1/beds & 3-2/beds w/decks. Rear Bldg 2-1/bed, over 4 car garage.Bsmt. garage w/ coin-op.Below market revenue for many years. Be a part of the Evt renaissance.Pro-forma:6-garages $450, 5-1/beds $625, 3-2/beds$725,$50 coin -op.Annual gross (12x$5,800.)$69,600. Pro-forma CAP=8.27

Listed by

Listing Agent - Greg Thody

Listing Office - Windermere Real Estate North

Source: NWMLS

MLS#24111556 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Multi Family
MLS #	24111556
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	5663
Lot Size (Acres)	0.13
Property Tax	4885
Buying Office	Windermere Real Estate North
Year Built	1958
Buying Office Phone	425-776-1119
HOA Fee	Annually, 0
Condition	Average

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Built-Up
# Open Parking Spaces	4
# Covered Spaces	4
# Parking Spaces	8
# Uncovered Spaces	4

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Everett City
Water Company	Everett City
Power Company	P.U.D.
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
County	Snohomish
Area	740 - Everett/Mukilteo
High School District	Everett
APN	439173700800
Directions	Do Not Disturb The Tenants
Zoning	Multi-Family, Office, Retail

Multifamily Details
Net Operating Income	35817
Capitalization Rate	5.96
Expense: Insurance	3000
Expense: Electricity	720
Gross Scheduled Income	49560
Gross Adjusted Income	47082
Total Expenses	11265
Gross Rent Multiplier	12
Nwm_Totalmonthlyincome	4135

Lot/ Land Details
Site Features	Cable TV

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Sep 2004
Public Records
Sep 24, 2004 Sold
$561,000
Sep 2004
MLS # 24111556
Sep 24, 2004 Sold
$561,000 (-6.5%)
Aug 9, 2004 Listed
$599,950

Year Property taxes Tax assessment
2025
$11,507 +15.8%

$1,276,000 +5.45%
2023
$9,936 +3.0%

$1,210,000 +14.8%
2022
$9,650 -2.3%

$1,054,000 +16.59%
2021
$9,875 -2.7%

$904,000
2020
$10,148

$904,000

3117 Colby Ave
$561K
Port Gardner
$580K -26% 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
3117 Hoyt Ave, Everett, WA 98201	$453,000	2/1	888	0.07
3201 Wetmore Ave, Everett, WA 98201	$526,000	3/1	1,450	0.08
3215 Hoyt Ave, Everett, WA 98201	$490,000	4/2	1,340	0.11
3219 Wetmore Ave, Everett, WA 98201	$466,000	3/1	1,053	0.12
3219 Hoyt Ave, Everett, WA 98201	$513,000	3/1	1,648	0.12
3221 Hoyt Ave, Everett, WA 98201	$708,000	3/2	1,526	0.12
3225 Hoyt Ave, Everett, WA 98201	$443,000	2/1	920	0.13
3214 Hoyt Ave, Everett, WA 98201	$536,000	3/2	1,519	0.13

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