131 128th St SW, Everett, WA 98204 Property Records

Snohomish County property record for 131 128th St SW, Everett, WA 98204

Property Summary

Property Type	Hotel
Details	54,100 sqft · built 2004
Lot Size	1.83 acres (79,715 sqft)
Owner	Company Name on Record
Last Sale	$16,155,965 (Nov 2022)
Tax Bill	$138,016 (2026)
Deeds & Mortgages	Nov 2022 Mortgage Nov 2022 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`0425-004-059-00`

Property Details

APN / Parcel Number

Primary APN	`0425-004-059-00`
Alternative APNs	`280425-004-059-00` `25280440590007` `252804405900` `1016830`

Interior

Total Rooms	100 Rooms
Units	102 Units
Stories	3 Stories
Building Area	54,100 sqft Gross Area
Bonus Room	Bonus Room

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Roof Type	Flat
Roof Material	Slate
Lot Area	79,715 sqft
View / Lot	Commercial

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Sewer	Connected

Location & Zoning

Account Number	1016830
Street Address	131 128TH ST SW
City	EVERETT
State	WA
Zip	98204-6310
Property Category	Commercial
Property Type	Commercial > Retail > Hotel
Local Zoning Code	UC
Legal Description	SEC 25 TWP 28 RGE 04 THAT PTN NW1/4 SE1/4 DAF COM AT INT OF W MGN MERIDIAN AVE WITH A LN LY 233.10FT NWLY AS MEAS AT R/A FR THE L.L. LN OF HY SR-5 SWAMP CREEK JCT SSH NO. 2-J TH S4131 30W ALG SD LN 83.93FT TO POB TH S4131 30W CONT ALG SD LN 145.52F
Legal Range	04
Legal Township	28
Legal Section	25
Legal Subdivision	SP #SP-106 4-81
Legal Tract	2
Legal Block	254
Legal Lot Number	59
Jurisdiction	SNOHOMISH WA
Township / Civil Division	EVERETT
Census Block Group	1
Census Block	1005
Census Tract	41808

Owner

Source: Snohomish County records, as of August 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	131 128TH ST SW, EVERETT, WA 98204-6310
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Nov 16, 2022	Deed of Trust, Mortgage · SBA Mortgage EVERGREEN BUSINESS CAPITAL
Nov 16, 2022	Deed of Trust, Mortgage · SBA Mortgage EVERGREEN BUSINESS CAPITAL
Nov 15, 2022	Warranty Deed, Transfer POPPY BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 15, 2022 · Amount on Record
Deed Sale	Nov 15, 2022 · Amount on Record
Prior Sale	Oct 9, 2012
Deed Document Number	202223
Prior Transfer Date	Oct 28, 2003
Prior Transfer Doc	0000000808
Record Updated	Sep 20, 2026

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SNOHOMISH WA
Property Address	131 128TH ST SW, EVERETT, WA 98204-6310
Transaction Type	Mortgage
Record Updated	May 11, 2026
Title Company	E-CHICAGO TITLE, CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18221 NE 21ST ST, REDMOND, WA 98052-6044

Mortgage

Document Number	0000000028
Date	Nov 16, 2022
Instrument	202211160028

Lender

Name	EVERGREEN BUSINESS CAPITAL
Type	Non-Lending Institution
Address	SEATTLE, WA 98168

Agreement

Type	SBA Mortgage
Amount	Amount Recorded

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SNOHOMISH WA
Property Address	131 128TH ST SW, EVERETT, WA 98204-6310
Transaction Type	Mortgage
Record Updated	Nov 25, 2022
Title Company	CHICAGO TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	18221 NE 21ST ST, REDMOND, WA 98052-6044

Mortgage

Document Number	0000000028
Date	Nov 16, 2022
Instrument	202211160028

Lender

Name	EVERGREEN BUSINESS CAPITAL
Type	Non-Lending Institution
Address	SEATTLE, WA 98168

Agreement

Type	SBA Mortgage
Amount	Amount Recorded

November 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	SNOHOMISH WA
Recording Date	Nov 15, 2022
Property Address	131 128TH ST SW, EVERETT, WA 98204-6310
Document Number	0000000023
Map Reference	DOC 8110280209
Instrument Date	Nov 9, 2022
Instrument	202211150023
Transaction Type	Transfer
Record Updated	May 11, 2026
Title Company	CHICAGO TITLE

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Estimated from Transfer Tax
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000000024
Date	Nov 15, 2022
Instrument	202211150024

Lender

Name	POPPY BANK
Type	Bank

Agreement

Amount	Amount Recorded

Mortgage

Document Number	0000000025
Date	Nov 15, 2022
Instrument	202211150025

Lender

Name	POPPY BANK
Type	Bank
Address	SANTA ROSA, CA 95401

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Snohomish County assessment roll, as of August 14, 2026

Property Jurisdictions

Type	Name
State	Washington
County	Snohomish County
Unified School District	Mukilteo School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$138,016.00 (+36.41%)	$16,331,100 (+33.35%) Land $2,665,900 Building $13,665,200	$16,331,100 (+33.35%) Land $2,665,900 Building $13,665,200
2023	$101,174.00	$12,246,700 Land $1,923,200 Building $10,323,500	$12,246,700 Land $1,923,200 Building $10,323,500

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective March 17, 2022

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ALDERWOOD WATER DISTRICT serves 245,715 people · EPA ID WA5301300
Water Source	Purchased surface water from CITY OF EVERETT PUBLIC WORKS DEPT.
Last State Inspection	Oct 2025

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 444 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Ziply Fiber Fiber	6,000 / 6,000
Xfinity Cable	2,000 / 2,000
AT&T Fixed Wireless	100 / 20

May also be available: Astound Broadband, Verizon.

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