1516 33rd St

Beds
Baths
3,899 Sq. Ft.
$308 / Sq. Ft.
3,899
Sq. Ft.
$308
per Sq. Ft.

Description

This purpose-built building is offered to the market for the first time ever. The property is well located, just blocks from downtown Everett, and poised to take advantage of the city’s future growth. The property consists of 3 large 2 bed/2.25 bath units, each approximately 1,300 square feet. Built in 2006 the building features modern systems along with a secured entry, washers and dryers in unit, 3 tandem garages and much more. Buyers will have the opportunity to take advantage of tremendous upside...This purpose-built building is offered to the market for the first time ever. The property is well located, just blocks from downtown Everett, and poised to take advantage of the city’s future growth. The property consists of 3 large 2 bed/2.25 bath units, each approximately 1,300 square feet. Built in 2006 the building features modern systems along with a secured entry, washers and dryers in unit, 3 tandem garages and much more. Buyers will have the opportunity to take advantage of tremendous upside potential through rent increases and cosmetic improvements.
  1. Listed by Jacob Odegard • Paragon Real Estate Advisors
  2. Listed by Nick Hemming • Paragon Real Estate Advisors

Property Details for 1516 33rd Street

Community Name
Everett
School District
Everett
Number of Assigned Spaces
3
Total Covered Parking
3
Entry Date
05-16-2023
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:47 AM

Property Details for 1516 33rd Street

StatusSold
MLS #2067641
Days on Market31
Cumulative Days on Market19
Taxes$8,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.13 AC / 5,663 SF
CountySnohomish County

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Sound Point Real Estate LLC

Add your commute

Building Information for 1516 33rd Street

Stories2Residences3Year Built2006Building Size-Lot Size0.13 AC / 5,663 SF

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$6,507 per month

30 year fixed, 6.11% Interest

Principal and Interest

$5,824

Property Taxes

$683

HOA Dues

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Property Information for 1516 33rd Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 740 - Everett/Mukilteo
  • Directions: Head N on I-5. Follow I-5 N to Broadway in Everett. Take exit 192 from I-5 N. Take 37th St and Colby Ave to 33rd St
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Built-Up
Property
Utilities
  • Water/Sewer/Garbage: 368
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
Lot Information
  • Lot Size Source: Snohomish County
  • Parcel Number Free Text: 00436979003100
  • Calculated Square Footage: 3899
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3899.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11670
  • Gross Adjusted Income: 47025
  • Gross Rent Multiplier: 24.2
  • Gross Scheduled Income: $47,025
  • Insurance Expense: $1,602
  • Net Operating Income: $35,355
  • Other Expenses: $1,500
  • Total Monthly Income: 4125
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5663.0
  • Leasable Area Units: Square Feet

Property History for 1516 33rd Street

DateEvent & SourcePriceAppreciation
Jul 21, 2023

Sold

NWMLS #2067641

$1,200,000
Jul 18, 2023

Sold (Public Record)

Public Record #1515171961

$1,200,000
Jun 16, 2023

Pending

NWMLS #2067641

May 16, 2023

Listed (Active)

NWMLS #2067641

$1,200,000
DateEvent & SourcePrice
07/21/2023

Sold

NWMLS #2067641

$1,200,000
07/18/2023

Sold (Public Record)

Public Record #1515171961

$1,200,000
06/16/2023

Pending

NWMLS #2067641

05/16/2023

Listed (Active)

NWMLS #2067641

$1,200,000

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

Public Records for 1516 33rd Street

Taxable ValueLand$311,900Additions$729,300Total$1,041,200
Tax Record2025$9,415 ($785 / month)
Home Facts
Baths6Total Finished SqFt4,503 SqFtAbove Ground SqFt4,503 SqFtStories2Lot Size5,663 SqFtStyleTriplexYear Built2006ZoningFSCountySNOHOMISHAPN00436979003100

Schools near 1516 33rd Street

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 - 9 to 12
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sequoia High School
Public9 to 12

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 Paragon Real Estate Advisors

Based on information submitted to the MLS GRID as of 09/05/2024 05:47 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.