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

5904 Highway Pl, Everett, WA 98203

$2,062,000

Last sold 03/22/2013 for $1.11M

—
bed
—
bath
9,700
Sqft ($115/Sqft)

House not for sale

About 5904 Highway Pl

Property type House

Neighborhood

Year built 1969

HOA fee $0/month

Lot size 0.25 Acre

Movoto estimate

Property description

The subject property is a single 3-story structure finished with beveled wood siding and vinyl double glazed windows. All units are appointed with a w/d, patio, range, refrigerator, dishwasher, disposal, plus new appliances and flooring, ceiling fans. The property provides a large unused common laundry room which could be converted to income producing storage. This property offers a great opportunity to the investor looking to generate a significant return on a turn-key investment.

Listed by

Listing Agent - Saint E. Newton IV

Listing Office - Paragon Real Estate Advisors

Source: NWMLS

MLS#431932 • last updated 2 years ago

Movoto checked NWMLS for data 15 minutes ago

Overview
Levels/Style	Multi Family
MLS #	431932
SubType	Multi-Family
Type	Residential Income
SqFt	9700
Status	Sold
Lot Size (SqFt)	10890
Lot Size (Acres)	0.25
Property Tax	8847
Buying Office	ZDefault Non-Mem Office-EDUC
Year Built	1969
Buying Office Phone	213-555-5555

Exterior
Roof	Flat
# Open Parking Spaces	11
# Carport Spaces	2
# Parking Spaces	12
# Uncovered Spaces	11

Amenities / Utilities
Sewer/ Septic	Sewer Connected
Power Production: Type	Electric

Location
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
High School District	Everett
APN	393200201700
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	81133
Capitalization Rate	7.28
Expense: Insurance	2900
Gross Scheduled Income	127740
Expense: Other	19915
Gross Adjusted Income	121353
Total Expenses	40220
Gross Rent Multiplier	8
Nwm_Totalmonthlyincome	10645
Vacancy Rate	5

$2.06M

Range: $1.44M-$2.68M

Last 30 days

Rental est.: $1,322/month

• Gross rent multiplier: 70.3

Lower your payment with the loan terms that fit you.

Mar 2013
Public Records
Mar 25, 2013 Sold
$1,115,000
Mar 2013
MLS # 431932
Mar 22, 2013 Sold
$1,115,000
Dec 20, 2012 Listed
$1,115,000 (+28.2%)
Dec 2007
Public Records
Dec 21, 2007 Sold
$870,000
Dec 2007
MLS # 27108209
Dec 21, 2007 Sold
$870,000 (-5.9%)
Jun 11, 2007 Listed
$925,000 (+59.5%)
Apr 2003
Public Records
Apr 15, 2003 Sold
$580,000

Year Property taxes Tax assessment
2025
$21,151 +14.9%

$2,319,700 +3.58%
2023
$18,401 +30.3%

$2,239,600 +45.29%
2022
$14,122 -4.8%

$1,541,500 +8.4%
2021
$14,839 -7.1%

$1,422,000
2020
$15,970 +0.6%

$1,422,000 -0.06%
2019
$15,876 -2.9%

$1,422,800
2018
$16,349 +18.5%

$1,422,800 +21.82%
2015
$13,800

$1,168,000

5904 Highway Pl
$1.11M
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	0.02
5909 Highway Pl, Everett, WA 98203	$421,000	2/1	840	0.04
5712 Highway Pl, Everett, WA 98203	$415,000	2/1	824	0.08
5907 Fleming St, Everett, WA 98203	$548,000	4/2	872	0.12
5909 Fleming St, Everett, WA 98203	$522,000	4/2	872	0.12
5911 Fleming St, Everett, WA 98203	$542,000	4/2	872	0.13
5632 Highway Pl, Everett, WA 98203	$498,000	2/1	1,344	0.13
5901 Fleming St, Everett, WA 98203	$691,000	5/2	1,640	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.