Listed by RSVP Brokers ERA, Bought with COMPASS
NOT LISTED FOR SALE

15528 King St Monroe, WA 98272

Monroe Area

Estimated Value: $680,941

4 Beds
3 Baths
1,568 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2024

Last sale price $675,000 $430 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,138 / mo

94 Days on Market

Highlights

  • Territorial View
  • Forced Air Heating System
  • Wood Siding
  • No HOA
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of December 2024

Rare Multi-Family Triplex Investment Opportunity. Unit #1 is a 2 bedroom 1 bathroom rental that has a kitchen, dining area, 2 car parking and private access to the spacious backyard. Units #2 & 3 are identical 1 bedroom 1 bathroom rentals that each have a kitchen, living room, and assigned parking spaces. Each unit has extra storage space and parking area is level and big enough for RV parking. This property is perfect for those looking to grow their investment portfolio with stable income. The property rents are below market and tenants leases are close to renewal. Located in the heart of Monroe you won't ever have a hard time keeping this property rented. Close to shopping, attractions, and HWY 2 / HWY 522.

Last Agent to Sell the Property

Jake Bond

RSVP Brokers ERA License #111289 Listed on: 08/16/2024

RSVP Brokers ERA

Co-Listed By

Yuliana Bond

RSVP Brokers ERA License #121231

Last Buyer's Agent

Danan Powell

COMPASS License #20122375

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2273271

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,542

Year Built

  • Built in 1983

Lot Details

  • 10,454 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Triplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Monroe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00707200000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,542

Year Built

Built in 1983

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Triplex
  • CalculatedSquareFootage: 1568
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Thank you!
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

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

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: 00707200000200
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16.84
  • LeasedItems: None
  • TotalMonthlyIncome: 3587

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4542

Multi Family

  • Number Of Units Total: 3
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Dec 11, 2024
Sold by
Bought by
Seller's Agent
Jake Bond
RSVP Brokers ERA
Buyer's Agent
Danan Powell
COMPASS
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
77
Current Estimated Value
$680,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,941
Avg. Annual Appreciation
0.54%
Original Mortgage
$506,250
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 31, 2016
Closed on
Nov 29, 2016
Sold by
Bought by
Seller's Agent
Dominic Parker
Pinnacle Realty Group NW LLC
Buyer's Agent
Jake Bond
RSVP Brokers ERA
List Price
$369,950
Sold Price
$338,000
Premium/Discount to List
-$31,950
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Jan 16, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,235
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Monroe, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Wfg National Title
$338,000 Ticor Title
$324,700 Old Republic Title Ltd
$180,000 Old Republic Title Ltd
$131,000 Transnation Title Insurance
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed $506,250
Previous Owner $16,235
Previous Owner $243,525
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $675,000 -3.4% $430 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
09/22/2024 09/22/24 Price Changed $699,000 -3.6% $446 / Sq Ft
08/16/2024 08/16/24 For Sale $725,000 +114.5% $462 / Sq Ft
12/22/2016 12/22/16 Sold $338,000 -8.6% $216 / Sq Ft View Prior Sale
11/08/2016 11/08/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $369,950 -- $236 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,751 $606,000 $383,100 $222,900
2025 $4,542 $561,000 $340,600 $220,400
2024 $4,542 $561,000 $335,400 $225,600
2023 $3,986 $534,000 $334,800 $199,200
2022 $3,957 $423,000 $224,100 $198,900
2020 $3,205 $330,000 $168,200 $161,800
2019 $2,627 $267,000 $136,000 $131,000
2018 $2,737 $228,000 $121,000 $107,000
2017 $2,513 $219,000 $110,000 $109,000
2016 $2,643 $212,000 $105,000 $107,000
2015 $2,703 $204,000 $101,000 $103,000
2013 $2,716 $187,500 $101,000 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2273271

Northwest Multiple Listing Service (NWMLS)

APN: 007072-000-002-00

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