Listed by Keller Williams Realty Bothell, Bought with Windermere Lake Stevens
$164,000
SOLD JAN 12, 2015

1010 Merea Ln Sultan, WA 98294

3 Beds
2 Baths
1,243 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

19% Below List Price

75 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Attached Garage
  • Territorial View
  • Corner Lot
  • Garden

About This Home

As of October 2017

PRICE REDUCED!! Great HUD Home! Charming split entry with corner lot and garden beds. Laminate flooring, gas fireplace and vaulted ceilings. Backs to greenbelt area for privacy. Selling "As Is". See att. detailed disclosures, repairs, bidding and lending information. Seller makes no warranties/guarantees. Buyer to verify all property information. FHA Case# 561-821789 Insured w/Escrow repair for FHA loan, 203k also available.

Last Agent to Sell the Property

Megan Gillis

Keller Williams Realty Bothell License #98592 Listed on: 09/11/2014

Keller Williams Realty Bothell

Co-Listed By

Adrienne Gillis

John L. Scott Everett License #22338

Last Buyer's Agent

G Robert Chapman

Windermere Lake Stevens

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM694574

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,711

Year Built

  • Built in 1999

Lot Details

  • Corner Lot
  • Level Lot
  • Garden

Parking

  • Attached Garage

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Outdoor Features

  • Deck

Community Details

  • Sultan Basin Community

Listing and Financial Details

  • Assessor Parcel Number 00889700010400

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
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1999
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Features: Dining Room, Vaulted Ceilings
  • Floor Covering: Laminate, Vinyl, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Garbage Disposal, Microwave, Range/Oven
  • Bedrooms: 3.00
  • Lower Level Bedroom: 1
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Fireplaces: 1
  • Basement: Fully Finished
  • Dining Room: Upper
  • Family Room: Lower
  • Kitchen: Upper
  • Living Room: Upper
  • Estimated Sq Ft: 1243
  • Square Footage Finished: 1243

Exterior Features

  • Exterior: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • View: 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 Basin
  • Project: Eagle Ridge

Schools

  • School District: SUL

Lot Info

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

Tax Info

  • Tax Amount: 1896

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 Type Sale Price Title Company
Warranty Deed $297,450 Rainier Title
Special Warranty Deed $164,000 Wfg Natl Title
Warranty Deed -- None Available
Trustee Deed $140,442 None Available
Warranty Deed $156,720 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $284,952 New Conventional
Previous Owner $192,002 FHA
Previous Owner $165,143 FHA
Previous Owner $195,742 FHA
Previous Owner $155,675 FHA
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: NWM694574

Northwest Multiple Listing Service (NWMLS)

APN: 008897-000-104-00