1729 Madison St

—
Beds
—
Baths
3,920 Sq. Ft.
$281 / Sq. Ft.
3,920
Sq. Ft.
$281
per Sq. Ft.

Description

Well maintained Everett 4plex---built 1981---Townhouse style units are 2 bedroom 1.5 baths, washer/dryer hookups, storage unit, 980 sq ft each. Some updating and recent improvements. Roof in good condition, updated windows and water heaters, fantastic location near shopping and bus-line. Long term tenants on month to month rent. Rents need to be adjusted. Market rents in area are currently $1,900 per unit. Excellent first time investment property. Low maintenance landscaping and easy to manage.Well maintained Everett 4plex---built 1981---Townhouse style units are 2 bedroom 1.5 baths, washer/dryer hookups, storage unit, 980 sq ft each. Some updating and recent improvements. Roof in good condition, updated windows and water heaters, fantastic location near shopping and bus-line. Long term tenants on month to month rent. Rents need to be adjusted. Market rents in area are currently $1,900 per unit. Excellent first time investment property. Low maintenance landscaping and easy to manage.
  1. Listed by Fred Grunewald • Skyline Properties, Inc.

Property Details for 1729 Madison Street

Community Name
Pinehurst
School District
Everett
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
01-19-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:48 AM

Property Details for 1729 Madison Street

StatusSold
MLS #2191173
Days on Market12
Cumulative Days on Market12
Taxes$7,019 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1981
Lot Size0.18 AC / 7,841 SF
CountySnohomish County

Location

Listing Courtesy of Skyline Properties, Inc.

Sold By Windermere Real Estate M2 LLC

Add your commute

Building Information for 1729 Madison Street

Stories2Residences4Year Built1981Building Size-Lot Size0.18 AC / 7,841 SF

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Principal and Interest

$5,361

Property Taxes

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HOA Dues

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Property Information for 1729 Madison Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Fenced-Partially, Patio
  • Area: 740 - Everett/Mukilteo
  • Block: 17-18
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: on Madison
  • 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: 8.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage,Thermal Windows
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6810
  • Power Company: public
  • Sewer Company: public
  • Water Company: public
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: kcr
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 32
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Dimensions: 50 x 157
  • Lot Size Source: kcr
  • Parcel Number Free Text: 28050600401200
  • Building Condition: Good
  • Calculated Square Footage: 3920
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3920.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 15202
  • Gross Adjusted Income: 91200
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: $91,200
  • Insurance Expense: $1,373
  • Net Operating Income: $91,200
  • Other Expenses: $0
  • Total Monthly Income: 7600
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3920.0
  • Leasable Area Units: Square Feet

Property History for 1729 Madison Street

DateEvent & SourcePriceAppreciation
Feb 29, 2024

Sold

NWMLS #2191173

$1,100,000—
Feb 27, 2024

Sold (Public Record)

Public Record #1527895627

$1,100,000—
Jan 31, 2024

Pending

NWMLS #2191173

—
Jan 19, 2024

Listed (Active)

NWMLS #2191173

$1,150,000—
DateEvent & SourcePrice
02/29/2024

Sold

NWMLS #2191173

$1,100,000
02/27/2024

Sold (Public Record)

Public Record #1527895627

$1,100,000
01/31/2024

Pending

NWMLS #2191173

—
01/19/2024

Listed (Active)

NWMLS #2191173

$1,150,000

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

Public Records for 1729 Madison Street

Taxable ValueLand$320,000Additions$597,900Total$917,900
Tax Record2025$9,239 ($770 / month)
Home Facts
Baths4Total Finished SqFt3,920 SqFtAbove Ground SqFt3,920 SqFtStories2Lot Size7,841 SqFtStyleQuadraplexYear Built1981ZoningFPCountySNOHOMISHAPN28050600401200

Schools near 1729 Madison 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 - K to 8
Rating
School
Distance
Lowell 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 Skyline Properties, Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 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.