Listed by KW Everett, Bought with The Preview Group
NOT LISTED FOR SALE

1014 Merea Ln Sultan, WA 98294

Estimated Value: $465,000 - $519,000

4 Beds
2 Baths
1,610 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $350,000 $217 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,938/month

23 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Patio
  • Territorial View
  • Storm Windows
  • Dining Room

About This Home

As of March 2020

Great investment property. A little bit of TLC and this house will shine. New interior and exterior paint. Open concept living space with vaulted ceilings and gas fireplace, 4 good sized bedrooms, 2 full bathrooms, spacious family room and living room, and large 2 car garage. Generous lot backs up to greenbelt. Easy access to Hwy 2. Don’t miss this one.

Last Agent to Sell the Property

Mary Briner

KW Everett License #87259 Listed on: 01/29/2020

KW Everett

Last Buyer's Agent

David Lothrop

The Preview Group License #135003

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1559239

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 1999

Lot Details

  • 4,356 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Foyer
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,610 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Territorial Views
  • Storm Windows

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00889700010200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 1999

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 14 - Split Entry
  • Year Built: 1999
  • Inclusions: Dishwasher,GarbageDisposal,RangeOven,Refrigerator
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Eagle Ridge
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1610
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Split
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Laminate, Ceiling Fan(s), Double Pane/Storm Window, Dining Room
  • Living Area: 1610
  • BathsFullMain: 0
  • SquareFootageFinished: 1610
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 2
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Range/Oven,Refrigerator
  • FireplacesUpper: 1

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected

Condo/Co-op/Association

  • Community Features: CCRs
  • Association Fee: 11
  • Association Fee Frequency: Monthly

Schools

  • Junior High Dist: Sultan
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 00889700010200
  • Topography: Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2669

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 19, 2020
Sold by
Wardrip Aaron
Bought by
Hersch Elliott Adam
Seller's Agent
Mary Briner
KW Everett
Buyer's Agent
David Lothrop
The Preview Group
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$498,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,698
Avg. Annual Appreciation
6.29%
Original Mortgage
$343,660
Outstanding Balance
$305,049
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$193,649

Purchase Details

Closed on
Oct 21, 2005
Sold by
Hogle Angela R and Hogle Sean K
Bought by
Briseno Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 7, 2003
Sold by
Hogle Sean
Bought by
Hogle Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2003
Sold by
Ohio Savings Bank
Bought by
Mortgage Guaranty Insurance Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,550
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Lavone Daniel A and Lavone Rebecca A
Bought by
Ohio Savings Bank

Purchase Details

Closed on
Aug 11, 1999
Sold by
Cmi Inc
Bought by
Lavone Daniel A and Lavone Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hersch Elliott Adam $350,000 Chicago Title
Briseno Stacy M $250,000 First American
Hogle Angela R -- Chicago
Hogle Angela R $169,000 Chicago
Mortgage Guaranty Insurance Corp $163,753 Chicago Title Insurance Co
Ohio Savings Bank $164,858 Fidelity National Title
Lavone Daniel A $160,950 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hersch Elliott Adam $343,660
Previous Owner Briseno Stacy M $50,000
Previous Owner Briseno Stacy M $200,000
Previous Owner Hogle Angela R $160,550
Previous Owner Lavone Daniel A $152,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $350,000 0.0% $217 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $350,000 -- $217 / 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 $3,856 $456,400 $191,600 $264,800
2024 $3,856 $434,200 $181,300 $252,900
2023 $3,573 $455,200 $195,000 $260,200
2022 $3,315 $362,800 $152,000 $210,800
2020 $2,959 $294,400 $112,000 $182,400
2019 $2,669 $276,000 $107,000 $169,000
2018 $2,965 $248,400 $90,000 $158,400
2017 $2,557 $212,200 $66,000 $146,200
2016 $2,380 $193,200 $53,000 $140,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1559239

Northwest Multiple Listing Service (NWMLS)

APN: 008897-000-102-00