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3124 Colby, Everett, WA 98201

$2,110,000

Last sold 04/29/2005 for $850K

—
bed
—
bath

House not for sale

About 3124 Colby

Property type House

Neighborhood

Year built 1939

HOA fee $0/month

Lot size 8,276 Sqft

Movoto estimate

Property description

Nice 12 unit building perched atop Colby Ave. with great views (East to the mountains and West overlooks Puget Sound). All twelve apartments are 1-bed/1-bath and rent for $550 to $600.Parking earns an additional $600/mo. Turn-key building:re-wired, re-plumbed, newer roof, vinyl siding and windows. Next door to new high-rise apts renting from $850...Be a part of the Everett downtown renaissance. Future office building R-5 zone w/ BC overlay

Listed by

Listing Agent - Greg Thody

Listing Office - Windermere Real Estate North

Source: NWMLS

MLS#25030011 • last updated 1 year ago

Movoto checked NWMLS for data 22 minutes ago

Overview
Levels/Style	Multi Family
MLS #	25030011
SubType	Multi-Family
Type	Residential Income
Status	Sold
Lot Size (SqFt)	8276
Lot Size (Acres)	0.19
Property Tax	7286
Year Built	1939
Buying Office Phone	425-745-2400
HOA Fee	Annually, 0

Interior

Exterior
Foundation	Poured Concrete
Roof	Cedar Shake
# Open Parking Spaces	5
# Covered Spaces	5
# Carport Spaces	4
# Parking Spaces	14
# Uncovered Spaces	5

Amenities / Utilities
Green Features: Energy Efficient	Thermal Windows
Sewer/ Septic	Sewer Connected
Water	Public
Power Production: Type	Electric
HOA Amenities	Basement, Coin Op Laundry, Thermal Windows

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	4391736002000
Directions	Great West Colby Location. Should You Need Help Finding This Building...we Really Should Talk
Zoning	Business, Multi-Family

Multifamily Details
Net Operating Income	69089
Capitalization Rate	6.9
Expense: Insurance	4081
Expense: Electricity	562
Gross Scheduled Income	95280
Gross Adjusted Income	85752
Total Expenses	16663
Gross Rent Multiplier	10
Nwm_Totalmonthlyincome	7940
Vacancy Rate	10

Lot/ Land Details
Site Features	Gas Available

$2.11M

Range: $1.39M-$2.82M

Last 30 days

Rental est.: $1,110/month

• Gross rent multiplier: 63.8

Lower your payment with the loan terms that fit you.

Mar 2012
Public Records
Mar 26, 2012 Sold
$840,280 (-1.1%)
Apr 2005
MLS # 25030011
Apr 29, 2005 Sold
$850,000 (-15.0%)
Mar 4, 2005 Listed
$1,000,000

Year Property taxes Tax assessment
2025
$15,691 +24.9%

$1,596,000 +4.31%
2023
$12,564 -2.2%

$1,530,000 +9.05%
2022
$12,846 -2.4%

$1,403,000 +15.47%
2021
$13,161 -3.5%

$1,215,000
2020
$13,639 +6.7%

$1,215,000 +6.02%
2019
$12,782 +10.9%

$1,146,000
2018
$11,524 +22.9%

$1,146,000 +34.67%
2015
$9,378

$851,000

3124 Colby
$850K
Port Gardner
$524K -28% y/y
98201
$525K -15% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3117 Hoyt Ave, Everett, WA 98201	$450,000	2/1	888	0.04
3215 Hoyt Ave, Everett, WA 98201	$490,000	4/2	1,340	0.07
3219 Hoyt Ave, Everett, WA 98201	$513,000	3/1	1,648	0.08
3221 Hoyt Ave, Everett, WA 98201	$715,000	3/2	1,526	0.09
3214 Hoyt Ave, Everett, WA 98201	$534,000	3/2	1,519	0.09
3218 Hoyt Ave, Everett, WA 98201	$463,000	3/1	1,150	0.09
3225 Hoyt Ave, Everett, WA 98201	$440,000	2/1	920	0.1
3220 Hoyt Ave, Everett, WA 98201	$472,000	2/1	976	0.1

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