Listed by Snohomish Properties, Bought with Windermere R.E. Shoreline
NOT LISTED FOR SALE

137 Kirby Dr Monroe, WA 98272

-- Bed
-- Bath
10,240 Sq Ft
0.84 Acres

Last Sold February 17, 2022

Last sale price $2,600,000 $254 Per Sq Ft

237 Days on Market

Highlights

  • City View
  • Thermal Windows
  • Property is in very good condition
  • 0.84 Acre Lot
  • Property is near a preserve or public land
  • Wood Siding

About This Home

As of February 2022

Great opportunity!! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary value in this market. The rent is significantly under the market and could be increased to provide a 5-6% cap rate. Show with discretion and no interior showings except when under contract.

Last Agent to Sell the Property

Arnie Hansen

Snohomish Properties License #11510 Listed on: 04/15/2021

Last Buyer's Agent

Brian Alfi

Windermere R.E. Shoreline License #21010998

Windermere R.E. Shoreline

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1758771

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,553

Year Built

  • Built in 1967

Lot Details

  • 0.84 Acre Lot
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 10,240 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 12 Covered Spaces

Schools

  • Frank Wagner Elementary School
  • Monroe Mid Middle School
  • Monroe High School

Utilities

  • Cable TV Available

Community Details

  • Monroe Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 27060100406600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,553

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 10240
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Adjacent to Public Land, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 12
  • Carport Y N: No
  • Covered Parking Spaces: 12
  • Open Parking: No
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Snohomish Co. P.U.D.
  • SewerCompany: City of Monroe
  • WaterCompany: City of Monroe
  • WaterSewerGarbage: 16790

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Monroe
  • High School: Monroe High
  • Middle Or Junior School: Monroe Mid

Lot Info

  • Parcel Number: 27060100406600
  • Lot Size Acres: 0.84
  • Lot Size: Rectangular
  • Lot Size Sq Ft: 36590
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 12175

Multi Family

  • Gross Scheduled Income: 153600
  • Net Operating Income: 109291
  • Number Of Units Total: 12
  • Electric Expense: 1371
  • Insurance Expense: 7828
  • Leasable Area: 10240
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 14553
  • AdditionalTaxIds: 27060100406700

MLS Schools

  • Elementary School: Frank Wagner Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $2,600,000 -3.7% $254 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $2,700,000 0.0% $264 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $2,700,000 -5.3% $264 / Sq Ft
06/11/2021 06/11/21 Price Changed $2,850,000 -4.8% $278 / Sq Ft
04/15/2021 04/15/21 For Sale $2,995,000 -- $292 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1758771

Northwest Multiple Listing Service (NWMLS)

APN: 27060100406600