1902 Grove Street
1902 Grove Street
Marysville, WA 98270
$870,000
Last Sold Price
9
Beds
7
Baths
5,346 Sq. Ft.
$163 / Sq. Ft.
5,346
Sq. Ft.
$163
per Sq. Ft.
Sold 7/18/18
Sold 7/18/18
Listing provided courtesy of Windermere Real Estate JS, Realty One Group Eastside
Description
This beautiful multi-family complex is on Grove St. family owned since '75. Property has 6 units (5 apt: 2 -2 bd rm /1 bth; 3 - 1 bdrm 1 bath; 1rambler-2 bdrms/2 bth house) all on .74 acres. Zoning is Mixed Use and allows additional multi-family outright at a density of 28 units/acre (20 for this lot sized-per City-Buyer to verify). Updated condition and well maintained. 4 unit building rebuilt-early 2000s. Separate coin operated laundry. Lots of parking, under market rents, low vacancy rate.This beautiful multi-family complex is on Grove St. family owned since '75. Property has 6 units (5 apt: 2 -2 bd rm /1 bth; 3 - 1 bdrm 1 bath; 1rambler-2 bdrms/2 bth house) all on .74 acres. Zoning is Mixed Use and allows additional multi-family outright at a density of 28 units/acre (20 for this lot sized-per City-Buyer to verify). Updated condition and well maintained. 4 unit building rebuilt-early 2000s. Separate coin operated laundry. Lots of parking, under market rents, low vacancy rate.
- Listed by Debbie Barger Smith • Windermere Real Estate JS
- Listed by Deirdre A. Kvangnes • Windermere Real Estate JS
Property Details for 1902 Grove Street
Community Name
Central Marysville
School DistrictMarysville
Number of Assigned Spaces0
Total Covered Parking0
Entry Date05-11-2018
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate JS![]()
Sold By Realty One Group Eastside
Add your commute
LISTING UPDATED: 03/28/2021 12:00 AM
Property Details for 1902 Grove Street
| Status | Sold |
|---|---|
| MLS # | 1290612 |
| Days on Market | 55 |
| Cumulative Days on Market | 55 |
| Taxes | $7,054 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.74 AC / 32,234 SF |
| County | Snohomish County |
Location
Listing Courtesy of Windermere Real Estate JS![]()
Sold By Realty One Group Eastside
Add your commute
Building Information for 1902 Grove Street
Stories2Residences6Year Built1963Building Size-Lot Size0.74 AC / 32,234 SF
Payment Calculator
$5,336 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,748
Property Taxes
$588
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1902 Grove Street
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Cable TV, Outbuildings
- Area: 770 - Northwest Snohomish
- Directions: From State Avenue, East on Grove, property is on the south side of Grove Street
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2018
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Amenities: Coin Op Laundry
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Wall
- Water Source: Public
- Water/Sewer/Garbage: 8157
- Power Company: PUD
- Sewer Company: City of Marysville
- Water Company: City of Marysville
- Power Production Type: Electric
- Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Office
- First Right Of Refusal: false
- Possible Use: Multi-Family, Office
- Preliminary Title Ordered: Yes
- Special Listing Conditions: None
- Photos Count: 17
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Tax Records
- Parcel Number Free Text: 30052800105700
- Building Condition: Very Good
- Calculated Square Footage: 5346
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 5346.0
- 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: 0
- Number Of Units Total: 6
- Units Below Grade: false
- Units In Building Total: 6
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 24108
- Gross Adjusted Income: 61200
- Gross Rent Multiplier: 15
- Gross Scheduled Income: $61,200
- Insurance Expense: $3,329
- Net Operating Income: $37,092
- Other Expenses: $5,568
- Total Monthly Income: 5375
- Fuel Expense: $0
Unit 1
- Name Unit 1: 4
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 550
- Rent Unit 1: $800.00
- Bedrooms Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 5
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 550
- Rent Unit 2: $675.00
- Bedrooms Unit 2: 1
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 750
- Rent Unit 3: $950.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 6
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: false
- Refrigerator Unit 4: false
- Dishwasher Unit 4: false
- Square Feet Unit 4: 1335
- Rent Unit 4: $1,400.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 2
Unit 5
- Name Unit 5: 2
- Washer/Dryer Unit 5: false
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: false
- Square Feet Unit 5: 750
- Rent Unit 5: $850.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 1
Unit 6
- Name Unit 6: 1
- Washer/Dryer Unit 6: false
- Range/Oven Unit 6: true
- Refrigerator Unit 6: true
- Dishwasher Unit 6: false
- Square Feet Unit 6: 550
- Rent Unit 6: $800.00
- Bedrooms Unit 6: 1
- Bathrooms Unit 6: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 5346.0
- Leasable Area Units: Square Feet
Property History for 1902 Grove Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1902 Grove Street
Taxable ValueLand$573,500Additions$434,500Total$1,008,000
Tax Record2022$10,337 ($861 / month)
Home Facts
Baths4Total Finished SqFt3,991 SqFtAbove Ground SqFt3,991 SqFtStories2Lot Size32,234 SqFtStyleMulti-Family Dwelling (2-4)Year Built1940ZoningMUCountySNOHOMISHAPN30052800105700Fireplace TypeSingle
Schools near 1902 Grove Street
This home is within Marysville School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
Liberty Elementary School PublicPK to 5 | ||
Marysville Middle School Public6 to 8 | ||
Marysville Alternative High School Public9 to 12 | ||
Totem Middle School Public6 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Windermere Real Estate JS
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.