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511 74th Street Southwest

511 74th Street Southwest, Everett, WA 98203
Property in Veralene Estates
Sold Jul 14, 2016
$360,000
$540,000 by Finance Of America Reverse Llc
Mortgage
Sold Jul 21, 2005
$279,500
$70,500 by Boeing Employees Cu
Mortgage Due Aug 01, 2020
Local assessors in Everett, WA have categorized 511 74th Street Southwest as a residential type of property. The home was built in 1982 and is 42 years old. The property's lot size has been calculated to be 6,970 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split foyer style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 3 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 511 74th Street Southwest has a total of 2,052 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 511 74th Street Southwest was last sold in Jul 7, 2016 for $360,000. According to our calculations, that's $139.53 per sqft. Prior to that sales transaction, the property was sold for $279,500 in Jul 15, 2005. Current property owners are expected to pay $4,954 in taxes per year. The property on 511 74th Street Southwest was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $577,100. To break that down further, the land itself was valued at $319,000. While improvements to the property were assessed at a total of $258,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split foyer
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,580
  • Gross Building Area: 2,580
  • Building Area: 2,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,052
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VERALENE ESTATES
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERALENE ESTATES BLK 000 D-00 - LOT 76

Ownership

  • Current Owner : TAFFI CHARLENE
  • Previous Owner : SESSUMS MARY L
  • Previous Owner 2: SESSUMS DAVID L
  • Owner Before Previous Owner: BHAT BHAT MADHAV
  • Owner Before Previous Owner 2: BHAT THARA MADHAV
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mukilteo School District
  • School Tax School District: MUKILTEO
  • Census Tract: 041303

Zoning

  • Zoning: R-2

Geography

  • Account Number: 1180578
  • Parcel: 007080-000-076-00
  • Block: 000 D
  • Lot: 76
  • Meridian: SEC 12TWN 28RNG 04
  • Municipality: EVERETT
  • Latitude: 47.9312
  • Longitude: -122.241

    Address

  • Full Address: 511 74th St Sw
  • Address - House Number: 511
  • Street Segment Direction: SW
  • Address - Street Name: 74th
  • Address - Suffix Type: St
  • State: WA
  • City Name: Everett
  • Carrier Code: C008
  • 4-Digit Zip Code: 5812
  • Zip Code: 98203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,954
  • Tax Rate Code Area: 00025

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 712,659
  • High Value: 829,427
  • Low Value: 595,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $540,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2016
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $577,100
  • Market Land Value: $319,000
  • Market Improvement Value: $258,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $577,100
  • Assessed Land Value: $319,000
  • Assessed Improvements Value: $258,100

    Sales

  • Current Sale Contract Date: Jul 07, 2016
  • Current Sale Recording Date: Jul 14, 2016
  • Current Sale Transaction ID: 1650785232
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201607140189
  • Previous Sale Recording Date: Jul 21, 2005
  • Previous Sale Contract Date: Jul 15, 2005
  • Previous Sale Amount: $279,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA REVERSE LLC
  • First Mortgage Transaction Date: Jul 14, 2016
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Previous Mortgages

  • Previous Mortgage Lender: BOEING EMPLOYEES CU
  • Previous Mortgage Transaction Date: Jul 21, 2005
  • Previous Mortgage Loan Amount: $70,500
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Aug 01, 2020

About Evergreen



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Frequently Asked Questions

What neighborhood is 511 74th Street Southwest located in?
The 511 74th Street Southwest is a located in the neighborhood of Veralene Estates in Evergreen, Everett.
What is the average sales price for listings in 511 74th Street Southwest?
The average sales price for units in 511 74th Street Southwest is $0 currently.

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