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

5804 Highway Pl, Everett, WA 98203

$2,262,000

Last sold 09/04/2012 for $960K

—
bed
—
bath
8,004
Sqft ($120/Sqft)

House not for sale

About 5804 Highway Pl

Property type House

Neighborhood

Year built 1969

HOA fee $0/month

Lot size 0.42 Acre

Movoto estimate

Property description

Built in 1969 this 3-story structure is finished with marblecrete exterior siding, vinyl double glazed windows, and a white PCV roof. All units updated in 2011! Unit mix is 9 - 1 bedroom units and 3 - 2bedroom units. All units are appointed with a range, refrigerator, dw, full sized washer/dryer, and disposal. Property provides 2 common laundries, and several large storage rooms. Property offers a great opportunity to the investor looking to create value in an apartment investment.

Listed by

Listing Agent - Saint E. Newton IV

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#368727 • last updated 2 years ago

Movoto checked NWMLS for data 5 minutes ago

Overview
Levels/Style	Multi Family
MLS #	368727
SubType	Multi-Family
Type	Residential Income
SqFt	8004
Status	Sold
Lot Size (SqFt)	18228
Lot Size (Acres)	0.4185
Property Tax	8829
Year Built	1969
Buying Office Phone	206-244-5900
HOA Fee	Annually, 0

Interior
Interior Features	Wall To Wall Carpet

Exterior
Foundation	Poured Concrete
Roof	Built-Up
# Open Parking Spaces	12
# Parking Spaces	12
# Uncovered Spaces	12
Exterior Features	Cement/Concrete

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

Location
County	Snohomish
Subdivision	Downtown
Area	740 - Everett/Mukilteo
High School District	Everett
APN	393200202000
Directions	From I-5 N Take Exit 189 WA 526 W Toward Mukilteo/Whidbey Is. Ferry. Take The Evergren Way Exit. Turn Right Onto Highway Place.
Zoning	Multi-Family

Multifamily Details
Net Operating Income	70372
Capitalization Rate	7.14
Expense: Insurance	2484
Gross Scheduled Income	113640
Expense: Other	18349
Gross Adjusted Income	107958
Total Expenses	37586
Gross Rent Multiplier	8
Nwm_Totalmonthlyincome	9470
Vacancy Rate	5

$2.26M

Range: $1.58M-$2.94M

Last 30 days

Rental est.: $1,409/month

• Gross rent multiplier: 56.8

Lower your payment with the loan terms that fit you.

Dec 2021
Public Records
Dec 16, 2021 Sold
$2,440,000 (+154.2%)
Sep 2012
Public Records
Sep 4, 2012 Sold
$960,000
Sep 2012
MLS # 368727
Sep 4, 2012 Sold
$960,000 (-2.5%)
Jun 12, 2012 Listed
$985,000 (+42.8%)
Apr 2010
Public Records
Apr 23, 2010 Sold
$690,000

Year Property taxes Tax assessment
2025
$17,507 -6.0%

$1,974,700 -12.87%
2023
$18,621 +54.3%

$2,266,400 +72.94%
2022
$12,067 -3.8%

$1,310,500 +9.07%
2021
$12,547 -7.0%

$1,201,500
2020
$13,495 +2.0%

$1,201,500 +1.31%
2019
$13,235 -3.7%

$1,186,000
2018
$13,744 +17.9%

$1,186,000 +20.65%
2015
$11,653

$983,000

5804 Highway Pl
$960K
Glacier View
$600K -4% 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
5806 Highway Pl, Everett, WA 98203	$508,000	3/1	928	0.01
5712 Highway Pl, Everett, WA 98203	$415,000	2/1	824	0.04
5909 Highway Pl, Everett, WA 98203	$421,000	2/1	840	0.07
5632 Highway Pl, Everett, WA 98203	$498,000	2/1	1,344	0.1
1112 57th St Se, Everett, WA 98203	$623,000	3/2	1,604	0.11
1115 57th St Se, Everett, WA 98203	$667,000	4/3	1,251	0.13
5907 Fleming St, Everett, WA 98203	$548,000	4/2	872	0.13
5625 Fleming St, Everett, WA 98203	$580,000	4/2	1,374	0.14

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