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$740,000

Beds
5
Baths
2.0
sq ft
2,180

3113 Oakes Ave, Everett, WA 98201

3113 Oakes Ave

Everett, WA 98201

  • 24 days on market
Incredible opportunity awaits in this turn-key investment property in the heart of Everett. Stripped down to the studs with a full remodel completed in 2022, this Port Gardner Charmer has quartz countertops, easy-care luxury vinyl plank flooring, new cabinets, stainless steel appliances, and new washer/dryers. The main floor (unit A) features two bedrooms, one bath and back deck with beautiful territorial and mountain views, and upstairs (Unit B) features three bedrooms and one bath with more views! Strong income potential as a short-term or long-term rental, or flexible MU zoning allows this home to be used as an office or commercial space. Easy access to transit (train, bus and I-5), events arena, restaurants, shops and the hospital.

Details

Property type

Single Family Residence

Est. home value

$767,472

Lot size

3,049 sq ft

Price per sq ft

$340

Year built

1901

Annual property taxes

$4,930

Price History

09/12/2024
NorthwestMLS

NorthwestMLS #2291024

Listed
$740,000
+15.99%
09/09/2022
NorthwestMLS

NorthwestMLS #1962741

Sold
$638,000
+87.65%
05/28/2021
NorthwestMLS

NorthwestMLS #1769043

Sold
$340,000

Schools & Community

Neighborhood: 

Port Gardner

Elementary school: 

Jackson Elem

Middle school: 

North Mid

High school: 

Everett High

School district: 

Everett

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$216,639
Asking price
$740,000
Closing costs (~8% of asking)
-$59,200
Est. remaining loan balance
-$464,161
Cash to seller
$216,639

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

August 2022

Original loan amount

$478,500

Est. remaining balance

$464,161

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Rachel Wallach and Michael Wallach

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/05/2024 at 5:20 PM

Listing updated: 09/19/2024 at 10:38 AM

Listed by: Caitlin Sullivan, COMPASS Phone #: (206) 328-7200

MLS: NorthwestMLS #2291024

NorthwestMLS logo

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