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  • Listed by: Blake Investment Advisors • Gabe Blake
    Bought with: Champions Real Estate
    $1,330,000

    95 Quinn Avenue, Marysville, WA 98270

    --beds
    --baths
    --sqft
    Quadruplex, Multi Family
    Built in 1979
    -- sqft lot
    $1,328,700 Zestimate®
    $--/sqft
    $2,143 Estimated rent

    Home value

    $1,328,700

    $1.24M - $1.43M

    $2,143/mo

    Zestimate® history
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    What's special

    Ample parkingVaulted ceilingsUtility bill - back
    This is a unique opportunity for an investor to acquire a townhome-style fourplex just steps away from Downtown Marysville with significant rental upside. Each unit consists of 3 bedrooms, 1.75-2 baths, 1,200 SF of living space, washers & dryers, vaulted ceilings, a fireplace, a fenced-backyard space, and ample parking. This modern amenity package contributes to the property's history of low vacancy. The current in-place rents are $1,705 per unit, with approx. $105/mo per unit being recaptured through utility bill-back. A new buyer can achieve a 28% rental increase on turnover with little to no major renovations by simply bringing current in-place rents to market rate, resulting in a 6.4% stabilized cap rate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gabe Blake,

    Blake Investment Advisors,

    Joshua Blake,

    Blake Investment Advisors

    Bought with:

    Lilly Zheng

    Champions Real Estate

    Source: NWMLS as distributed by MLS GRID,MLS#: 2213608MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Open
    • Uncovered spaces: 8
    Lot
    • Size: 10,454 Square Feet
    Details
    • Parcel number: 7750500010
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: 4-Plex
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Wood Products
    • Roof: Composition
    Condition
    • Year built: 1979
    • Major remodel year: 1979

    Utilities & green energy

    • Sewer: Sewer Connected

    Community & HOA

    Community
    • Subdivision: Marysville
    Location
    • Region: Marysville

    Financial & listing details

    • Tax assessed value: $1,234,400
    • Annual tax amount: $9,810
    • Date on market: 10/2/2023
    • Cumulative days on market: 1024 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    4/30/2024Sold$1,330,000-1.5%
    Source: NWMLS as distributed by MLS GRID #2213608 Report a problem
    3/28/2024Pending sale$1,350,000
    Source: NWMLS as distributed by MLS GRID #2213608 Report a problem
    3/21/2024Listed for sale$1,350,000+78.6%
    Source: NWMLS as distributed by MLS GRID #2213608 Report a problem
    10/27/2017Sold$756,000+0.8%
    Source: NWMLS as distributed by MLS GRID #1162845 Report a problem
    9/19/2017Pending sale$750,000
    Source: Downtown Seattle #1162845 Report a problem
    9/12/2017Listed for sale$750,000+37.6%
    Source: Keller Williams Seattle Metro #1162845 Report a problem
    11/4/2005Sold$545,000+21.1%
    Source: NWMLS as distributed by MLS GRID #25130193 Report a problem
    6/30/2004Sold$450,000+45.2%
    Source: Public Record Report a problem
    11/30/1999Sold$310,000+3.7%
    Source: Public Record Report a problem
    5/30/1997Sold$299,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,700 +5.3%$1,234,400 +6.6%
    2023$9,214 +49.4%$1,158,500 +12%
    2022$6,169 -37.1%$1,034,000 +6.5%
    2021$9,810 +4.1%$971,000 +12%
    2020$9,423 +10.2%$867,000 +12%
    2019$8,548 $774,000 +6%
    2018-- $730,000 +40.4%
    2017$6,360 +4.9%$520,000 +20.2%
    2016$6,062 $432,700 -9.9%
    2015$6,062 +10.1%$480,000 +15.7%
    2013$5,506 $415,000
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    2008-- --
    2007-- --
    2002-- --
    2001$4,003 +5.2%$304,000 +12.6%
    2000$3,803 $270,000
    Find assessor info on the county website

    Neighborhood: 98270

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,328,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,328,700