Listed by Waterstone Properties, Bought with Designed Realty
NOT LISTED FOR SALE

218 10th St Snohomish, WA 98290

6 Beds
6 Baths
4,926 Sq Ft
645,123,584 Sq Ft Lot

Sale Details

Date Sold: December 23, 2021

Last sale price $1,450,000 $294 Per Sq Ft

5 Days on Market

About This Home

As of December 2021

Downtown City of Snohomish 5 Unit Apartment Building - All Units are 2 bed 1 bath w/ washer/dryer + exterior storage units. 2020-2021 Updates: New Hardi-Siding, New Comp Roofs, New Milgard Windows, New Deck Coatings + more. Future Upside w/ Rent Increases & Unit Turns. All Units Water/Sewer Sub-Metered, 100% Recapture. No Smoking Building. Current Cap Rate: 5.68% // October 2021 Cap Rate: 5.86% Owner is Broker.

Last Agent to Sell the Property

Zach Schwarzmiller

Waterstone Properties License #109343 Listed on: 08/17/2021

Last Buyer's Agent

Storm Foley

Designed Realty License #21008484

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1825941

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 14,810 Sq Ft Lot

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Cement Board or Planked

Interior Spaces

  • 4,926 Sq Ft Home
  • 2-Story Property

Community Details

  • Snohomish Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00436000200601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,167

Year Built

Built in 1977 | Remodeled

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4926
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, Torch Down
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Snohomish

Lot Info

  • Parcel Number: 00436000200601
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 8473

Tax Info

  • Year: 2021
  • Tax Annual Amount: 7167

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 240
  • EnergySource: Electric
  • UnitsBelowGrade: false
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $1,450,000 +3.6% $294 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/17/2021 08/17/21 For Sale $1,400,000 -- $284 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2026 $14,219 $1,400,000 $514,000 $886,000
2025 $13,607 $1,450,000 $484,000 $966,000
2024 $13,607 $1,400,000 $464,000 $936,000
2023 $12,274 $1,400,000 $407,400 $992,600
2022 $7,016 $650,000 $315,800 $334,200
2020 $7,141 $615,000 $283,100 $331,900
2019 $6,712 $590,000 $303,600 $286,400
2018 $6,876 $506,000 $274,000 $232,000
2017 $6,366 $477,500 $266,600 $210,900
2016 $6,189 $450,000 $237,000 $213,000
2015 $5,782 $402,500 $214,700 $187,800
2013 $5,547 $375,000 $266,600 $108,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1825941

Northwest Multiple Listing Service (NWMLS)

APN: 00436000200700

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