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3501 Lombard Ave, Everett, WA 98201

$701,000
Last sold 09/07/2023 for $700K
—
bed
—
bath
3,002
Sqft ($233/Sqft)

House not for sale

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About 3501 Lombard Ave

Property type House

Neighborhood

Year built 1910

HOA fee $0/month

Lot size 6,098 Sqft

Movoto estimate

Property description

Awesome Investment Opportunity Close to Downtown Everett! New 50 year roof for years of maintenance free living. New blinds in upstairs main home. The main home also features a large dining room, conveniently located between the living room and kitchen. Great for entertaining. Real hardwood floors. Gas heating in the main home and downstairs basement apartment. In wall heating in above garage apartment. Ceiling fans in main home and in apartment above garage. Strong tenants all on one year leases make this property a super investment in the up and coming south downtown area of Everett. Close to Broadway Ave with great shopping and many amenities. A short walk to Funko Field... the home of the Everett AquaSox! Come check it out!

Listed by

Listing Agent - Jeff Dilley

Listing Office - Hallmark Realty

Source: NWMLS

MLS#2127826 • last updated 1 year ago

Movoto checked NWMLS for data 14 minutes ago

Overview
Cooling/AC	None
Levels/Style	Triplex
MLS #	2127826
SubType	Multi-Family
Type	Residential Income
SqFt	3002
Status	Sold
Lot Size (SqFt)	6098
Lot Size (Acres)	0.14
Property Tax	4448
Buying Office	Design Realty PRSI Inc
Year Built	1910
Buying Office Phone	425-361-7164
Condition	Good

Interior

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

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	Snohomish PUD
Power Production: Type	Electric, Natural Gas
HOA Amenities	Basement, Storage

Location
View	Territorial
County	Snohomish
Subdivision	Downtown
Area	740 - Everett/Mukilteo
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Everett
High School	Buyer To Verify
APN	437385700100
Directions	From Broadway Ave In South Downtown Everett - Head West On 38th Street. Turn Right On Lombard Ave. Home Will Be On The Right.
Zoning	Residential

Multifamily Details
Net Operating Income	15897
Capitalization Rate	3.3
Expense: Insurance	575
Gross Scheduled Income	21975
Gross Adjusted Income	15897
Total Expenses	6078
Gross Rent Multiplier	0.31
Nwm_Totalmonthlyincome	4925

Lot/ Land Details
Site Features	RV Parking

$701K

Range: $602K-$799K

Last 30 days

Rental est.: $1,107/month

• Gross rent multiplier: 52.7

Lower your payment with the loan terms that fit you.

Sep 2023
Public Records
Sep 7, 2023 Sold
$700,000
Sep 2023
MLS # 2132846
Sep 7, 2023 Sold
$700,000
Jul 11, 2023 Pending
—
Jun 28, 2023 Listed
$788,800
Sep 2023
MLS # 2127826
Sep 7, 2023 Sold
$700,000 (-11.3%)
Jul 11, 2023 Pending
—
Jun 28, 2023 Listed
$788,800 (+258.1%)
Oct 2007
Public Records
Oct 1, 2007 Sold
$220,280

3501 Lombard Ave
$700K
Port Gardner
$512K -29% y/y
98201
$525K -14% y/y
Everett
$524K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3509 Lombard Ave, Everett, WA 98201	$397,900	2/1	800	0.02
3511 Lombard Ave, Everett, WA 98201	$408,900	2/1	808	0.02
3431 Lombard Ave, Everett, WA 98201	$446,500	3/1	822	0.03
3502 Lombard Ave, Everett, WA 98201	$453,200	4/1	1,368	0.03
3506 Lombard Ave, Everett, WA 98201	$341,300	2/1	880	0.03
3517 Lombard Ave, Everett, WA 98201	$456,500	2/1	1,384	0.03
3510 Lombard Ave, Everett, WA 98201	$406,500	2/1	942	0.03
3512 Lombard Ave, Everett, WA 98201	$453,900	2/1	1,120	0.04

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