Listed by Infinity Properties
NOT LISTED FOR SALE

202 Alder St Sultan, WA 98294

Estimated Value: $312,000 - $490,980

4 Beds
4 Baths
1,200 Sq Ft
$356/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $115,000 $96 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,459/month

278 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • 1-Story Property

About This Home

As of February 2015

$5,000 price drop7/14/14Investor special!I know she is not the prettiest girl in town & she even needs some TLC,but she is faithful & makes money!Units are always rented out & the monthly income is $2,000.Please do not disturb the tenants,access to units for showings & inspections with signed around purchase agreement only!Previous purchase agreement failed do to the uncertainty of what the flood insurance cost would be in future!Current owner is investor & their new flood quote is $627 per year

Last Agent to Sell the Property

Herbert Burkart

Infinity Properties License #18290 Listed on: 05/16/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 637489

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1940

Lot Details

  • 3,485 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Utilities

  • Cable TV Available

Community Details

  • Sultan Town Subdivision

Listing and Financial Details

  • Legal Lot and Block 12-14 / BLK D-02
  • Assessor Parcel Number 00588800701202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,670

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1940
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: ------------------------------------
  • New Construction: No
  • CalculatedSquareFootage: 1200
  • SOCComments: Not a short sale
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition, See Remarks
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Sultan
  • WaterCompany: City of Sultan

Schools

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

Lot Info

  • Parcel Number: 00588800701202
  • Lot Size Acres: 0.08
  • Lot Size: See plat map
  • Lot Size Sq Ft: 3485
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • ZoningClass: Multi-Family
  • LotNumber: 12-14

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2150

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1670

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 480
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2018
Sold by
Vanhorn Roger Van and Vanhorn Barbara Van
Bought by
Parra Jimmy Jose Nimo and Sun Hui
Current Estimated Value
$426,995

Purchase Details

Listed on
May 16, 2014
Closed on
Feb 24, 2015
Sold by
Boylan Donald R and Boylan Rebecca
Bought by
Vanhorn Roger and Vanhorn Van Horn
Seller's Agent
Herbert Burkart
Infinity Properties
List Price
$129,950
Sold Price
$115,000
Premium/Discount to List
-$14,950
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%

Purchase Details

Closed on
Dec 17, 2004
Sold by
Beach James M and Beach Leslie
Bought by
Boylan Donald R and Boylan Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Parra Jimmy Jose Nimo $310,000 First American Title
Vanhorn Roger $115,000 First American Title Ins Co
Boylan Donald R $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boylan Donald R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $115,000 -11.5% $96 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
05/16/2014 05/16/14 For Sale $129,950 -- $108 / 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 $2,728 $312,000 $136,800 $175,200
2024 $2,728 $308,000 $127,800 $180,200
2023 $2,270 $290,000 $108,200 $181,800
2022 $1,926 $211,300 $97,700 $113,600
2020 $2,706 $270,000 $104,900 $165,100
2019 $1,427 $148,000 $114,014 $33,986
2018 $1,632 $137,000 $85,600 $51,400
2017 $1,371 $114,000 $60,000 $54,000
2016 $1,401 $114,000 $60,000 $54,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 637489

Northwest Multiple Listing Service (NWMLS)

APN: 005888-007-012-02