Listed by Every Door Real Estate, Bought with John L. Scott Woodinville
NOT LISTED FOR SALE

1018 Cedar Ave Unit 1-6 Marysville, WA 98270

Downtown Marysville Neighborhood
-- Bed
-- Bath
6,256 Sq Ft
0.37 Acres

Last Sold July 10, 2019

Last sale price $1,025,000 $164 Per Sq Ft

24 Days on Market

About This Home

As of July 2019

Value add opportunity. This 6 unit apartment building offers a current 6.16% cap rate. A new owner can increase rents to market rate and reposition the building by upgrading the interior finishes.  All units are large 2 bd x 1 ba with full-size washer and dryers. Vinyl siding. Recent exterior upgrades include new paint, resurfaced & re-striped parking lot and new awnings. Roof 3.5 yrs old. Large lot provides plenty of parking. Clean & easy to maintain. Walk to nearby amenities. Minutes to I-5.

Last Agent to Sell the Property

Wendy Pedersen

Every Door Real Estate License #112128 Listed on: 05/09/2019

Every Door Real Estate

Last Buyer's Agent

Ryan Wilkerson

John L. Scott Woodinville License #26166

John L. Scott Woodinville

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1453514

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,074

Year Built

  • Built in 1979

Lot Details

  • 0.37 Acre Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 6,256 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Community Details

  • Marysville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00585600300200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,074

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6256
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City Of Marysville
  • WaterCompany: City Of Marysville
  • WaterSewerGarbage: 7944

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Marysville

Lot Info

  • Parcel Number: 00585600300200
  • Lot Size Acres: 0.37
  • Lot Size Sq Ft: 16117
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 7950

Multi Family

  • Gross Scheduled Income: 95400
  • Net Operating Income: 65258
  • Number Of Units Total: 6
  • Insurance Expense: 1992
  • Leasable Area: 6256
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8074

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2019 07/10/19 Sold $1,025,000 -3.3% $164 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $1,060,000 -- $169 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Wendy Pedersen

    Seller's Agent in 2019

    Wendy Pedersen

    Every Door Real Estate

    (425) 232-4266

    1 in this area

    29 Total Sales

    Wendy Pedersen
    Section Image
  • Ryan Wilkerson

    Buyer's Agent in 2019

    Ryan Wilkerson

    John L. Scott Woodinville

    (206) 817-7014

    87 Total Sales

    Ryan Wilkerson
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1453514

Northwest Multiple Listing Service (NWMLS)
Washington Snohomish County Marysville 98270 Downtown Marysville

1018 Cedar Ave Unit 1-6, Marysville, WA

This home is located at 1018 Cedar Ave Unit 1-6, Marysville, WA 98270 since 09 May 2019. This property was built in 1979. 1018 Cedar Ave Unit 1-6 is a home located in Snohomish County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes