Listed by Eklund Real Estate, Inc., Bought with HomeSmart One Realty
NOT LISTED FOR SALE

204 Alder Ave Unit A&B Sultan, WA 98294

Estimated Value: $618,000 - $1,250,466

8 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $500,000

Est. 85% increase in value since last sale

Current estimated payment $5,339/month

39 Days on Market

Highlights

  • Newly Remodeled
  • City View
  • Patio
  • RV Access or Parking
  • Deck
  • High Speed Internet

About This Home

As of November 2018

Brand new Duplex with each unit featuring 1756 sqft, 4 bedrooms, 2.5 bath plus 400 sqft garage. Immaculate interior finish work includes quartz counter tops, stainless steel appliances, engineered flooring, commercial grade carpet, and large master suite. Truly a MUST SEE home in Sultan, close to US 2 and 522. Many quality upgrades, you're not going to want to miss your chance to own! Perfect location for AirBnb, rental, or opportunity to rent out one side and live in the other.

Last Agent to Sell the Property

Jake Eklund

Eklund Real Estate, Inc. License #27601 Listed on: 08/29/2018

Co-Listed By

Gunnar Eklund

Eklund Real Estate, Inc. License #127481

Last Buyer's Agent

Manoj Sharma

HomeSmart One Realty License #97522

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1353640

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,315

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • City
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Laminate Flooring

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00588800701000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,315

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2018
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: See Remarks
  • NewConstruction: Completed
  • SOCComments: Go Sell!!!
  • Special Features: NewHome

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, High Efficiency - 90%+, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City, Mountain(s)
  • Lot Features: Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 00588800701000
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7841
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking
  • MLSLotSizeSource: Snohomish County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: High Efficiency - 90%+
  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2250

Tax Info

  • Year: 2018

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 3512
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Nov 14, 2018
Sold by
Moreno Leo C
Bought by
Sharma Manoj and Sharma Sonia
Seller's Agent
Jake Eklund
Eklund Real Estate, Inc.
Buyer's Agent
Manoj Sharma
HomeSmart One Realty
List Price
$663,000
Sold Price
$500,000
Premium/Discount to List
-$163,000
-24.59%
Current Estimated Value
$923,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,489
Avg. Annual Appreciation
7.05%
Original Mortgage
$375,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2017
Sold by
Moreno Anca and Moreno Leo C
Bought by
Moreno Leo C

Purchase Details

Closed on
Apr 6, 2012
Sold by
Faulkes Albert A
Bought by
Moreno Leo J and Moreno Leo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back
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
Sharma Manoj $500,000 Chicago Title
Moreno Leo C -- Old Republic Title Ltd
Moreno Leo J $78,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Manoj $375,000
Previous Owner Moreno Leo J $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $500,000 -15.1% --
10/07/2018 10/07/18 Pending -- -- --
09/20/2018 09/20/18 Price Changed $589,000 -1.7% --
09/14/2018 09/14/18 Price Changed $599,000 -9.7% --
08/29/2018 08/29/18 For Sale $663,000 -- --
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 $5,315 $615,000 $200,800 $414,200
2024 $5,315 $600,000 $176,800 $423,200
2023 $4,540 $580,000 $156,200 $423,800
2022 $4,863 $533,400 $138,200 $395,200
2020 $5,119 $510,700 $141,500 $369,200
2019 $981 $141,500 $141,500 $0
2018 $1,544 $129,600 $115,300 $14,300
2017 $897 $74,600 $61,000 $13,600
2016 $1,014 $82,500 $54,900 $27,600
2015 $944 $71,900 $45,000 $26,900
2013 $655 $97,100 $77,000 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1353640

Northwest Multiple Listing Service (NWMLS)

APN: 005888-007-010-00