Listed by RE/MAX Northwest, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

15464 182nd Ave SE Monroe, WA 98272

Estimated Value: $813,000 - $892,000

6 Beds
6 Baths
2,864 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 23, 2024

Last sale price $789,000 $275 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,050/month

71 Days on Market

Highlights

  • RV Access or Parking
  • Engineered Wood Flooring
  • Thermal Windows
  • Deck
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2024

Great investment and income property located near downtown Monroe. Large 3 bedroom, 2.5 bath townhouse units (1432 sq ft) each with gas fireplace and 1 car garage. Close to schools, shopping, parks & restaurants.

Last Agent to Sell the Property

Stewart Woods

RE/MAX Northwest License #46619 Listed on: 10/04/2023

RE/MAX Northwest

Last Buyer's Agent

Vanessa Chavez Zepeda

Skyline Properties, Inc. License #21022576

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2168451

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,548

Year Built

  • Built in 1997

Lot Details

  • 10,454 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,864 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Monroe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27060100209400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,548

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1997
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2864
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 27060100209400
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Outbuildings,RV Parking
  • MLSLotSizeSource: County
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 3595

Multi Family

  • Gross Scheduled Income: 43140
  • Net Operating Income: 36186
  • Number Of Units Total: 2
  • Insurance Expense: 1405
  • Leasable Area: 2864
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5548

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 22, 2024
Sold by
Corwin Frank
Bought by
Cohn Cortes Carmen Iberica
Seller's Agent
Stewart Woods
RE/MAX Northwest
Buyer's Agent
Vanessa Chavez Zepeda
Skyline Properties, Inc.
List Price
$799,950
Sold Price
$789,000
Premium/Discount to List
-$10,950
-1.37%
Views
37
Current Estimated Value
$864,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,874
Avg. Annual Appreciation
5.42%
Original Mortgage
$620,000
Outstanding Balance
$609,313
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$255,561

Purchase Details

Closed on
Apr 12, 2023
Sold by
Corwin Frank D
Bought by
Corwin Frank D and Corwin Luke M

Purchase Details

Listed on
Jun 4, 2016
Closed on
Sep 3, 2016
Sold by
Martin Curtis R and Martin Sylvia J
Bought by
Corwin Frank
Seller's Agent
Dave Hilbert
Real Estate 2000 Inc.
Buyer's Agent
Stewart Woods
RE/MAX Northwest
List Price
$419,000
Sold Price
$380,000
Premium/Discount to List
-$39,000
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$194,600
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bowen Rodney R
Bought by
Clarke Evajean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2004
Sold by
City Of Monroe
Bought by
Cullum Tera A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,125
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Cohn Cortes Carmen Iberica $789,000 Ticor Title
Corwin Frank D -- None Listed On Document
Corwin Frank $380,000 Stewart Title Company
Clarke Evajean S $252,000 Multiple
Cullum Tera A $11,235 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohn Cortes Carmen Iberica $620,000
Previous Owner Corwin Frank $194,600
Previous Owner Clarke Evajean S $200,000
Previous Owner Cullum Tera A $43,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2024 01/23/24 Sold $789,000 -1.4% $275 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $799,950 +110.5% $279 / Sq Ft
09/07/2016 09/07/16 Sold $380,000 -3.8% $133 / Sq Ft View Prior Sale
07/20/2016 07/20/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $395,000 -5.7% $138 / Sq Ft
06/04/2016 06/04/16 For Sale $419,000 -- $146 / 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 $5,737 $748,800 $314,000 $434,800
2024 $5,737 $708,900 $294,000 $414,900
2023 $5,546 $743,400 $314,000 $429,400
2022 $5,433 $581,100 $222,000 $359,100
2020 $4,842 $499,000 $200,000 $299,000
2019 $3,893 $396,000 $171,000 $225,000
2018 $4,176 $348,100 $146,000 $202,100
2017 $4,564 $398,100 $131,000 $267,100
2016 $4,533 $363,900 $108,000 $255,900
2015 $4,128 $311,800 $96,000 $215,800
2013 $3,781 $261,200 $75,000 $186,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2168451

Northwest Multiple Listing Service (NWMLS)

APN: 270601-002-094-00