Listed by Windermere Real Estate/M2, LLC, Bought with Keller Williams Rlty Bellevue
NOT LISTED FOR SALE

401 8th St Sultan, WA 98294

-- Bed
-- Bath
7,260 Sq Ft
0.55 Acres

Last Sold March 10, 2022

Last sale price $1,150,000 $158 Per Sq Ft

65 Days on Market

Highlights

  • 0.55 Acre Lot
  • Corner Lot
  • Wood Siding
  • Territorial View
  • No HOA
  • 5-minute walk to Travelers Park

About This Home

As of March 2022

Great opportunity to increase your portfolio with this 6-plex. Each unit is 2 bedrooms, 1.5 baths with washers & dryers. Off street parking, storage sheds and backyard/patio area complement each unit. Roof replaced a couple of years ago. Long term tenants are month to month (5 years-13 years).

Last Agent to Sell the Property

Debbie Finch

Windermere Real Estate/M2, LLC License #76229 Listed on: 12/02/2021

Windermere Real Estate/M2, LLC

Last Buyer's Agent

Wesley Jones

Keller Williams Rlty Bellevue License #50134

Keller Williams Rlty Bellevue

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1869250

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,916

Year Built

  • Built in 1981

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 140' x 169'
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 7,260 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sultan Subdivision

Listing and Financial Details

  • Tax Lot Sec 32, Twp 28, Rge 8E
  • Assessor Parcel Number 28083200314300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,916

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7260
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Sultan

Lot Info

  • Parcel Number: 28083200314300
  • Lot Size Acres: 0.55
  • Lot Size: 140' x 169'
  • Lot Size Sq Ft: 23958
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family,See Remarks
  • LotNumber: Sec 32, Twp 28, Rge 8E

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 21.05
  • LeasedItems: None
  • TotalMonthlyIncome: 4750

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6916

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric
  • UnitsBelowGrade: false

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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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
03/10/2022 03/10/22 Sold $1,150,000 -4.2% $158 / Sq Ft
02/05/2022 02/05/22 Pending -- -- --
12/02/2021 12/02/21 For Sale $1,200,000 -- $165 / 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 $9,301 $1,080,000 $231,900 $848,100
2024 $9,301 $1,050,000 $221,900 $828,100
2023 $7,280 $930,000 $187,900 $742,100
2022 $6,773 $743,000 $154,900 $588,100
2020 $6,916 $690,000 $163,300 $526,700
2019 $6,365 $660,000 $119,900 $540,100
2018 $7,505 $630,000 $74,000 $556,000
2017 $6,855 $570,000 $77,000 $493,000
2016 $6,786 $552,000 $77,000 $475,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1869250

Northwest Multiple Listing Service (NWMLS)

APN: 28083200314300