Listed by The Perrone Group, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

118 Pearson Ln Monroe, WA 98272

Estimated Value: $722,000 - $773,523

3 Beds
2 Baths
2,519 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $615,000 $244 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,420/month

Highlights

  • Deck
  • Wood Flooring
  • Double Oven
  • Territorial View
  • 1 Fireplace
  • Patio

About This Home

As of December 2021

Nearly a half an acre & 2,500+ square feet in the heart of Monroe! This 3 bed 3 bath, 2 story home has charming updates throughout including new kitchen, new bathroom and new utility room. New flooring and paint throughout. Metal roof is less than 2 years old. Both main and upper levels each have a bonus room. Master suite is upstairs. Large lot off the main street perfect for gardening, landscaping, fruit trees, RVs, outside toys and construction of ADUs or other structures. Investment potential: zoned for multi-family housing.

Last Agent to Sell the Property

Michael Perrone

The Perrone Group License #137463 Listed on: 10/27/2021

Last Buyer's Agent

Matt Underland

Skyline Properties, Inc. License #120253

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1858737

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1963

Lot Details

  • Street terminates at a dead end
  • Partially Fenced Property
  • Level Lot
  • Garden

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Septic System

Community Details

  • In Town Monroe Community

Listing and Financial Details

  • Assessor Parcel Number 00504300000204

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,349

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Entrance Level: Main
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Bath Off Master, Dining Room, Walk-In Pantry, Walk-In Closet
  • Floor Covering: Hardwood, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dishwasher, Double Oven, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Bedrooms: 3.00
  • Bathrooms: 2.50
  • Bathrooms Main: Upper
  • Total Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms Main: 1
  • Master Bedroom: Upper
  • Fireplaces: 1
  • Fireplaces Lower: 1
  • Dining Room: Main
  • Extra Finished Room: Main
  • Family Room: Main
  • Living Room: Main
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 2519
  • Total Square Footage: 2519

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • View: Territorial

Garage/Parking

  • Parking Type: Driveway Parking

Utilities

  • Heating And Cooling: Heat Pump
  • Sewer: Septic
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: In Town - Monroe

Schools

  • School District: MON

Lot Info

  • Lot Details: Dead End Street
  • Lot Sq Ft: 18295
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 00504300000204
  • Lot Topography: Garden Space, Level

Tax Info

  • Year: 2021
  • Tax Amount: 3700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Nov 27, 2021
Sold by
Baker Daniel and Baker Katrina
Bought by
Inge Jessica and Inge Jerome
Seller's Agent
Michael Perrone
The Perrone Group
Buyer's Agent
Matt Underland
Skyline Properties, Inc.
List Price
$625,000
Sold Price
$615,000
Premium/Discount to List
-$10,000
-1.6%
Current Estimated Value
$749,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,631
Avg. Annual Appreciation
5.25%
Original Mortgage
$492,000
Outstanding Balance
$452,390
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$297,241

Purchase Details

Listed on
Mar 31, 2019
Closed on
Sep 27, 2019
Sold by
Fannie Mae
Bought by
Baker Daniel and Baker Katrina
Seller's Agent
Cheryl Buck
Buck Real Estate
Buyer's Agent
Jessica Wolf
John L. Scott Arlington
List Price
$370,000
Sold Price
$349,900
Premium/Discount to List
-$20,100
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.68%
Original Mortgage
$414,843
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 5, 2018
Sold by
Pearson Wallace and Pearson Marilyn
Bought by
Federal National Mortgage Association
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
Inge Jessica $615,000 Wfg Natl Ttl Co Of Wa Llc
Baker Daniel $349,900 Fidelity National Title
Federal National Mortgage Association $348,000 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inge Jessica $492,000
Previous Owner Baker Daniel $414,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $615,000 -1.6% $244 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $625,000 +78.6% $248 / Sq Ft
09/30/2019 09/30/19 Sold $349,900 0.0% $157 / Sq Ft View Prior Sale
07/25/2019 07/25/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $349,900 -4.1% $157 / Sq Ft
06/12/2019 06/12/19 Price Changed $364,900 -1.4% $164 / Sq Ft
05/28/2019 05/28/19 For Sale $370,000 +5.7% $166 / Sq Ft
05/25/2019 05/25/19 Off Market $349,900 -- --
04/09/2019 04/09/19 For Sale $370,000 +5.7% $166 / Sq Ft
04/03/2019 04/03/19 Off Market $349,900 -- --
03/31/2019 03/31/19 For Sale $370,000 -- $166 / 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 $5,349 $687,700 $304,000 $383,700
2024 $5,349 $660,900 $289,800 $371,100
2023 $5,191 $695,800 $308,800 $387,000
2022 $4,106 $438,900 $220,400 $218,500
2020 $3,533 $363,900 $189,100 $174,800
2019 $3,350 $340,600 $174,800 $165,800
2018 $3,571 $297,600 $141,600 $156,000
2017 $725 $262,300 $118,800 $143,500
2016 $668 $237,800 $99,800 $138,000
2015 $1,144 $232,000 $99,800 $132,200
2013 $925 $186,000 $74,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1858737

Northwest Multiple Listing Service (NWMLS)

APN: 005043-000-002-04