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

5202 S 2nd Ave, Everett, WA 98203

$653,000

Last sold 12/31/2020 for $499K

—
bed
—
bath
2,000
Sqft ($250/Sqft)

House not for sale

About 5202 S 2nd Ave

Property type House

Neighborhood

Year built 1893

HOA fee $0/month

Lot size 6,970 Sqft

Movoto estimate

Property description

Excellent investment opportunity! High producing duplex on large corner lot. Huge upside with B2 zoning that could allow for a multitude of different uses including adding and additional duplex on the back of the lot. Very well maintained and each unit is 2 bed 1 bath with 1000 sqft. Lower unit rents for $1700 & upper unit rents for $1325. Live in one unit and rent out the other! Newer double pane windows throughout the home. The upper unit has been freshly renovated with laminate flooring, new carpet in bedrooms, paint, bathroom vanity and slate appliances. Very convenient location with easy access to I-5. Ideal time to invest with these historically low interest rates.

Listed by

Listing Agent - Beau Breda

Listing Office - Wilson Realty Exchange

Source: NWMLS

MLS#1689849 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Duplex
MLS #	1689849
SubType	Multi-Family
Type	Residential Income
SqFt	2000
Status	Sold
Lot Size (SqFt)	6970
Lot Size (Acres)	0.16
Property Tax	4452
Buying Office	EXp Realty
Year Built	1893
Buying Office Phone	888-421-2531
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	15
Parking Desc	RV Parking
# Parking Spaces	15
# Uncovered Spaces	15
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Community
Water Company	City Of Everett
Power Company	PUD
Power Production: Type	Electric, Natural Gas

Location
View	Territorial
County	Snohomish
Subdivision	Lowell
Area	740 - Everett/Mukilteo
Elementary School	Lowell Elem
Middle School	Evergreen Mid
High School District	Everett
High School	Everett High
APN	500301800100
Zoning	Business, Commercial, Multi-Family, Office

Multifamily Details
Net Operating Income	29748
Capitalization Rate	6
Gross Scheduled Income	36300
Gross Adjusted Income	36300
Gross Rent Multiplier	14
Nwm_Totalmonthlyincome	3025

Lot/ Land Details
Site Features	Gas Available, RV Parking

$653K

Range: $587K-$718K

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 29.6

Lower your payment with the loan terms that fit you.

Dec 2020
Public Records
Dec 31, 2020 Sold
$499,955
Dec 2020
MLS # 1689849
Dec 31, 2020 Sold
$499,950
Dec 8, 2020 Pending
—
Nov 16, 2020 Listed
$499,950 (+53.8%)
Sep 2016
Public Records
Sep 16, 2016 Sold
$325,000 (+80.6%)
Jul 2001
Public Records
Jul 6, 2001 Sold
$179,950

Year Property taxes Tax assessment
2025
$4,776 +17.8%

$524,100 +6.44%
2023
$4,053 -1.7%

$492,400 +9.54%
2022
$4,124 -2.5%

$449,500 +13.54%
2021
$4,230 -5.0%

$395,900
2020
$4,452 +15.5%

$395,900 +14.75%
2019
$3,855 +1.4%

$345,000
2018
$3,803 +41.1%

$345,000 +49.35%
2015
$2,695

$231,000

5202 S 2nd Ave
$499K
Lowell
$679K -27% 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
2222 52nd St Se, Everett, WA 98203	$899,000	3/2	3,005	0.02
5209 S 3rd Ave, Everett, WA 98203	$586,000	3/1	1,234	0.03
5207 S 3rd Ave, Everett, WA 98203	$677,000	3/2	1,824	0.03
5214 S 2nd Ave, Everett, WA 98203	$517,000	3/1	1,387	0.03
5211 S 3rd Ave, Everett, WA 98203	$593,000	4/1	1,404	0.04
5215 S 3rd Ave, Everett, WA 98203	$450,000	1/1	744	0.05
2215 Main St, Everett, WA 98203	$694,000	3/1	1,630	0.06
5109 S 3rd Ave, Everett, WA 98203	$454,000	3/1	623	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.