NOT LISTED FOR SALE

18222 Blueberry Ln Monroe, WA 98272

Estimated Value: $907,000 - $1,153,000

6 Beds
4 Baths
2,300 Sq Ft
$461/Sq Ft Est. Value

Last Sold June 14, 2017

Last sale price $530,000 $230 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,209/month

3 Days on Market

About This Home

As of June 2017

Great duplex right in downtown Monroe, WA. Right across the street from a large park and bus line. Two perfect units that provide large living rooms/kitchens and bedrooms. They have all just been repainted on the inside with new flooring and carpet installed. Great monthly income generator! As far as owner expenses go, all utilities (water, sewer, and garbage) are paid by tenant. Only expenses by owner are $6,000 per year for the entire duplex plus $860 per year for the insurance on them.

Last Buyer's Agent

Ken Nash

Windermere R.E. Northeast, Inc License #5823

Windermere R.E. Northeast, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1114748

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 2007

Lot Details

  • 9,148

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Construction Material

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • 9,148 Sq Ft Lot

Community Details

  • Monroe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27060100212800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,000

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 150

Schools

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

Lot Info

  • Parcel Number: 27060100212800
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Snohomish County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 4400

Multi Family

  • Gross Scheduled Income: 52800
  • Net Operating Income: 45940
  • Number Of Units Total: 2
  • Insurance Expense: 860
  • Leasable Area: 4600
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6000

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2017
Sold by
Dumon Benoit and Dumon Nancy
Bought by
Dumon Benoit and Dumon Nancy
Current Estimated Value
$1,059,410

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 6, 2017
Sold by
Remlinger David and Remlinger Jaque
Bought by
Dumon Benoit and Dumon Nancy
Buyer's Agent
Ken Nash
Windermere R.E. Northeast, Inc
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$382,500
Outstanding Balance
$318,160
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$741,250
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
Dumon Benoit -- None Available
Dumon Benoit $530,000 Cw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dumon Benoit $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2017 06/14/17 Sold $530,000 -10.0% $230 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $589,000 -- $256 / 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 $7,046 $911,700 $287,900 $623,800
2024 $7,046 $871,000 $268,900 $602,100
2023 $6,788 $910,300 $287,900 $622,400
2022 $6,757 $722,900 $202,400 $520,500
2020 $6,039 $622,600 $183,400 $439,200
2019 $5,625 $572,500 $157,700 $414,800
2018 $6,776 $565,100 $134,000 $431,100
2017 $5,957 $519,800 $116,800 $403,000
2016 $5,991 $481,100 $96,700 $384,400
2015 $5,517 $416,800 $81,800 $335,000
2013 $5,017 $346,700 $64,000 $282,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1114748

Northwest Multiple Listing Service (NWMLS)

APN: 270601-002-128-00