Listed by LPT Realty LLC
NOT LISTED FOR SALE

148 N Sams St Monroe, WA 98272

Estimated Value: $629,000 - $661,000

2 Beds
2 Baths
1,416 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $510,000 $360 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,742/month

13 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of September 2021

Fantastic investment opportunity! Centrally located duplex on huge lot with additional growth/building potential. Low vacancy rate (no vacancy for over 10 years) and easy to rent. Updated electrical and plumbing, new exterior/interior paint. Each unit offers; 1 bedroom and 1 full bath, spacious living rooms (one with fireplace), built-ins, refinished hardwood floors, kitchens include ample storage solutions and all appliances. Each unit also has laundry room with washer dryer hookups. 2 parking spaces for each unit (one with carport and storage room). Great opportunity to live in one and rent the other or rent both. Vacant and ready to pick your tenants!

Last Agent to Sell the Property

James Sharpe

LPT Realty LLC License #113373 Listed on: 07/02/2021

LPT Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1800267

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 1949

Lot Details

  • 9,583 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet

Community Details

  • Monroe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27060100402900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,887

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1949
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1416
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Monroe
  • WaterCompany: City of Monroe
  • WaterSewerGarbage: 240

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 27060100402900
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Realist- Buyer to Verify
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 22
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 20033
  • Number Of Units Total: 2
  • Insurance Expense: 840
  • Leasable Area: 1416
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2887

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2021
Closed on
Aug 27, 2021
Sold by
Elie Mark Alan
Bought by
Hoxha Eraldo
Seller's Agent
James Sharpe
LPT Realty LLC
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$638,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,999
Avg. Annual Appreciation
4.28%
Original Mortgage
$357,000
Outstanding Balance
$327,925
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$276,162

Purchase Details

Closed on
May 3, 2019
Sold by
Elie Sandra E
Bought by
Elie Mark A

Purchase Details

Closed on
Feb 16, 1994
Sold by
Elie Mark Alan
Bought by
Elie Mark Alan and Elie Sandra Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Hoxha Eraldo $510,000 First American Title
Elie Mark A -- None Available
Elie Mark Alan -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoxha Eraldo $357,000
Previous Owner Elie Mark Alan $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $510,000 -2.9% $360 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $525,000 -- $371 / 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 $4,249 $526,000 $329,600 $196,400
2024 $4,249 $526,000 $324,600 $201,400
2023 $3,664 $492,000 $324,600 $167,400
2022 $3,352 $359,000 $217,100 $141,900
2020 $2,887 $298,000 $163,300 $134,700
2019 $2,503 $255,000 $134,000 $121,000
2018 $2,803 $234,000 $114,500 $119,500
2017 $2,508 $219,000 $104,000 $115,000
2016 $2,464 $198,000 $97,000 $101,000
2015 $2,433 $184,000 $92,000 $92,000
2013 $2,458 $170,000 $92,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1800267

Northwest Multiple Listing Service (NWMLS)

APN: 270601-004-029-00