NOT LISTED FOR SALE

226 N Madison St Unit E Monroe, WA 98272

Estimated Value: $488,000 - $571,310

3 Beds
2.5 Baths
1,186 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $479,000 $404 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,172/month

2 Days on Market

Highlights

  • Under Construction
  • Walk-In Closet
  • Vinyl Plank Flooring
  • Contemporary Architecture
  • Patio
  • High Efficiency Air Conditioning

About This Home

As of April 2024

Welcome to Summer Lane, new construction homes in the heart of downtown Monroe. Walking distance to shops, resturants, and parks. The home has 2 bedrooms upstairs and 1 bedroom on the first floor, along with 2 bathrooms upstairs and a powder room on the first floor. Open concept first floor living with the kitchen, dinning and living room flowing together. The home has a nice patio out back and an easily manageable back yard. The home comes with 2 designated parking spots out front, along with plenty of parking nearby. Come take a look at this new home in the heart of it all in Monroe.

Last Agent to Sell the Property

Lindsey Lange

Windermere R.E. Northeast, Inc License #21009507 Listed on: 03/08/2024

Windermere R.E. Northeast, Inc

Last Buyer's Agent

Shirley Suvagau

RE/MAX Eastside Brokers, Inc. License #21028811

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2208256

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,596

Year Built

  • Built in 2024 | Under Construction

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

HOA Fees

  • $6 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Parking

  • Driveway
  • Off-Street Parking

Outdoor Features

  • Patio

Schools

  • Frank Wagner Elementary School
  • Park Place Middle Sc
  • Monroe High School

Utilities

  • High Efficiency Air Conditioning
  • High Efficiency Heating System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Water Heater

Community Details

  • In Town Monroe Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,596

Year Built

Built in 2024 | Under Construction

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 2024
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwashers,GarbageDisposal,Microwaves,StovesRanges
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Contemporary
  • Building Name: Summer Lane
  • Unit Levels: Two
  • New Construction: Yes
  • CalculatedSquareFootage: 1186
  • SeniorExemption: false
  • EstimatedCompletionDate: 2024-04-01
  • NewConstruction: Under Construction
  • SOCComments: Thank you for showing
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2208256?w=Consumer&agent=133904
  • Special Features: NewHome
  • Cumulative Days on Market: 443

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Microwave(s), Stove(s)/Range(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet, Bath Off Primary, Sprinkler System, Walk-In Closet(s), Water Heater
  • Living Area: 1186
  • Main Level Bedrooms: 1
  • Bathrooms: 2.25
  • BathsFullMain: 0
  • SquareFootageFinished: 1186
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Garbage Disposal,Microwave(s),Stove(s)/Range(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Under Construction
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway, Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: 90%+ High Efficiency
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Heat Pump, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City of Monroe
  • WaterCompany: Monroe Water
  • WaterHeaterLocation: Closet
  • WaterHeaterType: Hybrid
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 6
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

  • Junior High Dist: Monroe
  • High School: Monroe High
  • Middle Or Junior School: Park Place Middle Sc

Lot Info

  • Parcel Number: 00517402000500
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Patio,Sprinkler System
  • MLSLotSizeSource: Builders Plans
  • MLSSquareFootageSource: Builders Plans

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2024

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Frank Wagner Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 24, 2024
Sold by
Maston Properties & Const Llc
Bought by
Arce Luis Carlos Carri and Caballero Gloria Amelia
Seller's Agent
Lindsey Lange
Windermere R.E. Northeast, Inc
Buyer's Agent
Shirley Suvagau
RE/MAX Eastside Brokers, Inc.
List Price
$459,000
Sold Price
$479,000
Premium/Discount to List
$20,000
4.36%
Views
8
Current Estimated Value
$516,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,437
Original Mortgage
$351,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2024
Closed on
Apr 15, 2024
Sold by
Maston Properties & Const Llc
Bought by
Okada Cherisha and Okada Austin
Seller's Agent
Lindsey Lange
Windermere R.E. Northeast, Inc
Buyer's Agent
Shirley Suvagau
RE/MAX Eastside Brokers, Inc.
List Price
$459,000
Sold Price
$479,000
Premium/Discount to List
$20,000
4.36%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2022
Sold by
Olson Randall K and Olson Maryann F
Bought by
Maston Properties & Const Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,366,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Arce Luis Carlos Carri $469,000 First American Title
Arce Luis Carlos Carri $469,000 First American Title
Okada Cherisha $469,000 First American Title
Deocampo Joyce $479,000 First American Title
Sepiol Joseph $469,000 First American Title
Maston Properties & Const Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okada Cherisha $463,406
Closed Arce Luis Carlos Carri $351,750
Closed Arce Luis Carlos Carri $351,750
Closed Deocampo Joyce $18,812
Closed Sepiol Joseph $375,200
Closed Deocampo Joyce $18,812
Closed Okada Cherisha $460,505
Closed Deocampo Joyce $470,324
Previous Owner Maston Properties & Constructi $1,366,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $479,000 +4.4% $404 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $459,000 -- $387 / 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
2024 $3,596 $390,500 $390,500 --
2023 $3,329 $447,100 $338,400 $108,700
2022 $3,093 $331,300 $227,200 $104,100
2020 $2,516 $259,700 $170,600 $89,100
2019 $2,209 $225,100 $141,500 $83,600
2018 $2,594 $216,500 $136,000 $80,500
2017 $2,181 $190,500 $120,000 $70,500
2016 $2,145 $172,400 $114,000 $58,400
2015 $2,408 $182,100 $110,000 $72,100
2013 $2,663 $184,200 $110,000 $74,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2208256

Northwest Multiple Listing Service (NWMLS)

APN: 005174-020-005-00