NOT LISTED FOR SALE

1010 Merea Ln Sultan, WA 98294

Estimated Value: $470,000 - $515,000

3 Beds
2 Baths
1,350 Sq Ft
$371/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $297,450 $220 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,072/month

3 Days on Market

Highlights

  • Spa
  • Fruit Trees
  • Deck
  • RV Access or Parking
  • Mountain View
  • Contemporary Architecture

About This Home

As of October 2017

Let this amazing home in Sultan's Eagle Ridge carry you away! From the stylish paint schemes, brushed nickle hardware, updated lighting, vaulted ceiling, SS appliances, subway back splash & thoughtful layout, this home offers everything you'll need. Recent updates include exterior paint '16, interior paint '17, new roof '16. Backing to the HOA native growth offers privacy & tranquility whether enjoying the hot tub or just entertaining on the deck. The RV parking is secure in a fully fenced yard.

Last Agent to Sell the Property

Rayna Ellis

Coldwell Banker Bain License #5151 Listed on: 09/07/2017

Coldwell Banker Bain

Co-Listed By

Scott Ellis

Coldwell Banker Bain License #74464

Last Buyer's Agent

Hao Dang

Windermere Real Estate/East License #48698

Windermere Real Estate/East

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1188880

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1999

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden

Property Views

  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Attached Garage
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00889700010400

Community Details

Overview

  • Sultan Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,711

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 14 - Split Entry
  • Architecture: Contemporary
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Ceiling Fan(s), Dbl Pane/Storm Windw, Dining Room, High Tech Cabling, Hot Tub/Spa, Security System, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Bathrooms Main: Lower
  • Total Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Basement: Daylight, Fully Finished
  • Dining Room: Upper
  • Family Room: Upper
  • Kitchen: Upper
  • Estimated Sq Ft: 1350
  • Square Footage Finished: 1350

Exterior Features

  • Exterior: Wood Products
  • Foundation: Concrete Ribbon
  • Roof: Composition
  • View: Mountain, Territorial

Garage/Parking

  • Parking Type: Garage-Attached
  • Total Covered Parking: 2

Utilities

  • Heating And Cooling: Forced Air
  • Sewer: Sewer Connected
  • Water Heater: garage-Gas
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 11
  • Community Name: Sultan
  • Project: Eagle Ridge
  • Community Features: Ccrs, Tennis Courts

Schools

  • Elementary School: Sultan Elem
  • Middle School: Sultan Mid
  • High School: Sultan Snr High
  • School District: SUL

Lot Info

  • Lot Details: Corner Lot, Curbs, Paved Street
  • Lot Sq Ft: 4356
  • Lot Topography Vegetation: Fruit Trees, Garden Space, Level
  • Parcel Number: 00889700010400
  • Lot Topography: Fruit Trees, Garden Space, Level

Tax Info

  • Tax Amount: 2252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2017
Closed on
Sep 26, 2017
Sold by
Merritt Richard S and Merritt Heather A
Bought by
Sipaseuth Taeng
Seller's Agent
Rayna Ellis
Coldwell Banker Bain
Buyer's Agent
Hao Dang
Windermere Real Estate/East
List Price
$299,950
Sold Price
$297,450
Premium/Discount to List
-$2,500
-0.83%
Current Estimated Value
$500,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,937
Avg. Annual Appreciation
6.94%
Original Mortgage
$284,952
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2014
Closed on
Jan 8, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Merrit Richard S and Merritt Heather A
Seller's Agent
Megan Gillis
Keller Williams Realty Bothell
Buyer's Agent
G Robert Chapman
Windermere Lake Stevens
List Price
$202,650
Sold Price
$164,000
Premium/Discount to List
-$38,650
-19.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.37%
Original Mortgage
$165,143
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2014
Sold by
Wells Fargo Bank Na
Bought by
Secretary Or Housing & Urban Development

Purchase Details

Closed on
May 1, 2014
Sold by
Franklin Jason W and Rausch Deborah A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 3, 1999
Sold by
Cmi Inc
Bought by
Franklin Jason W and Rausch Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,675
Interest Rate
6.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sipaseuth Taeng $297,450 Rainier Title
Merrit Richard S $164,000 Wfg Natl Title
Secretary Or Housing & Urban Development -- None Available
Wells Fargo Bank Na $140,442 None Available
Franklin Jason W $156,720 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipaseuth Taeng $280,000
Closed Sipaseuth Taeng $284,952
Previous Owner Merritt Richard S $192,002
Previous Owner Merrit Richard S $165,143
Previous Owner Franklin Jason W $195,742
Previous Owner Franklin Jason W $155,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $297,450 -0.8% $220 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $299,950 +82.9% $222 / Sq Ft
01/12/2015 01/12/15 Sold $164,000 -0.1% $132 / Sq Ft
11/26/2014 11/26/14 Pending -- -- --
11/14/2014 11/14/14 Price Changed $164,147 -10.0% $132 / Sq Ft
10/14/2014 10/14/14 Price Changed $182,385 -10.0% $147 / Sq Ft
09/11/2014 09/11/14 For Sale $202,650 -- $163 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,711 $439,200 $191,600 $247,600
2024 $3,711 $417,800 $181,300 $236,500
2023 $3,499 $445,800 $201,000 $244,800
2022 $3,256 $356,300 $158,000 $198,300
2020 $2,907 $289,200 $118,000 $171,200
2019 $2,637 $272,700 $113,000 $159,700
2018 $2,921 $244,700 $95,000 $149,700
2017 $2,252 $186,800 $70,000 $116,800
2016 $2,079 $168,700 $55,000 $113,700
2015 $2,124 $161,400 $44,000 $117,400
2013 $1,864 $137,800 $47,000 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1188880

Northwest Multiple Listing Service (NWMLS)

APN: 008897-000-104-00