1005 Lane Pl, Unit A&B

Beds
Baths
1,326 Sq. Ft.
$377 / Sq. Ft.
1,326
Sq. Ft.
$377
per Sq. Ft.

Description

DUPLEX - Grow your investment portfolio with this prime opportunity in Everett! Located in a quiet neighborhood but still close to Evergreen Way and I-5, this mountain view duplex features two 2 bed/1 bath units with separate fully fenced yards and individual storage sheds. NEW ROOF installed in 2022 provides low initial overhead! Units are both occupied with quality long-term tenants in good standing on month-to-month leases. Don’t miss this excellent investment opportunity!DUPLEX - Grow your investment portfolio with this prime opportunity in Everett! Located in a quiet neighborhood but still close to Evergreen Way and I-5, this mountain view duplex features two 2 bed/1 bath units with separate fully fenced yards and individual storage sheds. NEW ROOF installed in 2022 provides low initial overhead! Units are both occupied with quality long-term tenants in good standing on month-to-month leases. Don’t miss this excellent investment opportunity!
  1. Listed by Nicole Serviss • RE/MAX Elite
  2. Listed by Rob Serviss • RE/MAX Elite

Property Details for 1005 Lane Place, Unit A&B

Community Name
Everett
School District
Everett
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
07-22-2022
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:45 AM

Property Details for 1005 Lane Place, Unit A&B

StatusSold
MLS #1972651
Days on Market25
Cumulative Days on Market25
Taxes$2,830 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1941
Lot Size0.11 AC / 4,792 SF
CountySnohomish County

Location

Listing Courtesy of RE/MAX Elite

Sold By KW North Sound

Add your commute

Building Information for 1005 Lane Place, Unit A&B

Stories1Residences2Year Built1941Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$2,662 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,427

Property Taxes

$236

HOA Dues

$0

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Rocket Mortgage1

Property Information for 1005 Lane Place, Unit A&B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Fully, High Speed Internet, Outbuildings
  • Area: 740 - Everett/Mukilteo
  • Directions: From evergreen way, turn W on 52nd, Right on College Ave. Home on Corner of College ave and Lane Place.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2760
  • Power Company: Snohomish PUD
  • Sewer Company: City of Everett
  • Water Company: City of Everett
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 31
Lot Information
  • Lot Details: Corner Lot, Paved, Sidewalk
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 00402900002500
  • Calculated Square Footage: 1326
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1326.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Unit Number: A&B
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: false
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 6690
  • Gross Adjusted Income: 26400
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: $26,400
  • Insurance Expense: $600
  • Net Operating Income: $19,710
  • Other Expenses: $500
  • Total Monthly Income: 2200
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1326.0
  • Leasable Area Units: Square Feet

Property History for 1005 Lane Place, Unit A&B

DateEvent & SourcePriceAppreciation
Apr 14, 2023

Sold

NWMLS #1972651

$500,000
Aug 16, 2022

Pending

NWMLS #1972651

Jul 22, 2022

Listed (Active)

NWMLS #1972651

$515,000
DateEvent & SourcePrice
04/14/2023

Sold

NWMLS #1972651

$500,000
08/16/2022

Pending

NWMLS #1972651

07/22/2022

Listed (Active)

NWMLS #1972651

$515,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1005 Lane Place, Unit A&B

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
View Ridge Elementary School
PublicPK to 5

Evergreen Middle School
Public6 to 8

Everett High School
Public9 to 12

Everett Virtual Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Elite

Based on information submitted to the MLS GRID as of 09/05/2024 05:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.