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3615 Colby Ave, Everett, WA 98201

$606,000
Last sold 01/31/2020 for $515K
—
bed
—
bath
2,082
Sqft ($247/Sqft)

House not for sale

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About 3615 Colby Ave

Property type House

Neighborhood

Year built 1906

HOA fee $0/month

Lot size 3,049 Sqft

Movoto estimate

Property description

Great investment opportunity near downtown Everett. This property has been well maintained; new roof, water heaters & electrical panels in 2016. Each unit offers over 1,000 square feet with 3 bedrooms, the upper unit has a full bathroom and the lower unit has a .75 bath. In addition, the property has shared laundry area with two off street parking spaces for each unit. Close to I-5, Boeing, & Paine Field, and walking distance to several amenities including grocery, bus line, parks, and schools.

Listed by

Listing Agent - Dan Gunderson

Listing Office - Windermere Real Estate M2 LLC

Source: NWMLS

MLS#1531192 • last updated 1 year ago

Movoto checked NWMLS for data 18 minutes ago

Overview
Levels/Style	Duplex
MLS #	1531192
SubType	Multi-Family
Type	Residential Income
SqFt	2082
Status	Sold
Lot Size (SqFt)	3049
Lot Size (Acres)	0.07
Property Tax	4000
Buying Office	RE/MAX Alliance
Year Built	1906
Buying Office Phone	425-390-8400
HOA Fee	Annually

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	4
# Parking Spaces	4
# Uncovered Spaces	4
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	Snohomish County PUD
Power Production: Type	Electric
Security Features	FullyFenced
HOA Amenities	Basement

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
Elementary School	Jackson Elem
Middle School	North Mid
High School District	Everett
High School	Everett High
APN	451401000800

Multifamily Details
Net Operating Income	32005
Capitalization Rate	6.1
Expense: Insurance	1072
Gross Scheduled Income	41100
Gross Adjusted Income	39045
Total Expenses	7040
Gross Rent Multiplier	13
Nwm_Totalmonthlyincome	3425
Vacancy Rate	5

Lot/ Land Details
Site Features	Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet

$606K

Range: $521K-$690K

Last 30 days

Rental est.: $1,103/month

• Gross rent multiplier: 38.9

Lower your payment with the loan terms that fit you.

Jan 2020
MLS # 1531192
Jan 31, 2020 Sold
$515,000 (-1.9%)
Oct 14, 2019 Listed
$525,000 (+16.7%)
Apr 2017
MLS # 1113194
Apr 30, 2017 Listed
$450,000
Apr 2017
MLS # 1112283
Apr 30, 2017 Listed
$450,000

3615 Colby Ave
$515K
Port Gardner
$524K -28% y/y
98201
$535K -13% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
3617 Colby Ave, Everett, WA 98201	$540,000	2/1	1,415	0.01
3619 Colby Ave, Everett, WA 98201	$636,000	3/1	1,580	0.01
3623 Colby Ave, Everett, WA 98201	$487,000	2/1	1,170	0.02
3624 Wetmore Ave, Everett, WA 98201	$511,000	3/1	1,414	0.03
3606 Wetmore Ave, Everett, WA 98201	$476,000	2/1	936	0.04
3602 Wetmore Ave, Everett, WA 98201	$603,000	2/1	1,372	0.04
3632 Wetmore Ave, Everett, WA 98201	$455,000	2/1	921	0.05
1610 37th St, Everett, WA 98201	$531,000	3/2	1,154	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.