Seller's Agent in 2025
Marius Ion
COMPASS
(425) 466-7876
1 in this area
170 Total Sales
Listed by COMPASS, Bought with RE/MAX Metro Realty, Inc.
402 1st St Sultan, WA 98294
4
Beds
2
Baths
1,620
Sq Ft
5,227
Sq Ft Lot
Highlights
- Territorial View
- Corner Lot
- Baseboard Heating
- Engineered Wood Flooring
- No HOA
- 1-Story Property
About This Home
As of September 2025Investor opportunity in growing Sultan! This fully leased duplex features two spacious 2 bed, 1 bath units with solid tenants and strong rental history. Current rents are below market, offering immediate upside potential with room to increase cash flow. Ideally located just minutes from Hwy 2 for an easy commute and close to local shops, dining, and everyday conveniences. Each unit offers a functional layout, off-street parking, and separate entrances for privacy. Whether you're expanding your portfolio or looking for a stable, income-producing asset with long-term upside, this is a smart addition. Don’t miss out on this value-add duplex in a rapidly developing area.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2411535
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,113
Year Built
- Built in 1979
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 76x70
- Corner Lot
- Property is in good condition
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Composite
Interior Spaces
- 1,620 Sq Ft Home
- 1-Story Property
- Territorial Views
Flooring
- Engineered Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Open Parking
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
- Stevens 2Nd Add To Sultan Condos
- Baring Subdivision
Listing and Financial Details
- Legal Lot and Block 1 and 2 / 001 D-00 S
- Assessor Parcel Number 00586300100100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 23, 2025
Closed on
Sep 24, 2025
Sold by
Bode Brian
Bought by
Rossi John G and Rossi Hanna M
Seller's Agent
Marius Ion
COMPASS
Buyer's Agent
Kevin Harasimowicz
RE/MAX Metro Realty, Inc.
List Price
$499,998
Sold Price
$475,000
Premium/Discount to List
-$24,998
-5%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.31%
Original Mortgage
$380,000
Outstanding Balance
$380,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$85,980
Purchase Details
Listed on
Nov 16, 2018
Closed on
Jan 8, 2019
Sold by
Varon Daniel E and Varon Judy L
Bought by
Bode Brian
Seller's Agent
Richard Vannoy
Keller Williams Realty Bothell
Buyer's Agent
Richard Humphrey
Flux Real Estate
List Price
$295,000
Sold Price
$295,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$282,150
Interest Rate
4.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 21, 2001
Sold by
Nagel Leslie P and Nagel Sharon K
Bought by
Varon Daniel E and Varon Judy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.21%
Purchase Details
Closed on
Mar 17, 1994
Sold by
Wilson Margaret Jane and Frymire David John
Bought by
Nagel Leslie P and Nagel Sharon K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,114
Interest Rate
7.21%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $475,000 | First American Title Insurance | |
| Warranty Deed | $297,000 | Old Republic Title Ltd | |
| Warranty Deed | $170,000 | First American | |
| Warranty Deed | $180,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional | |
| Previous Owner | $282,150 | New Conventional | |
| Previous Owner | $136,000 | No Value Available | |
| Previous Owner | $42,114 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | Sold | $475,000 | 0.0% | $293 / Sq Ft | |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- | |
| 08/27/2025 08/27/25 | Price Changed | $475,000 | -5.0% | $293 / Sq Ft | |
| 07/23/2025 07/23/25 | For Sale | $499,998 | +69.5% | $309 / Sq Ft | |
| 01/17/2019 01/17/19 | Sold | $295,000 | 0.0% | $182 / Sq Ft | View Prior Sale |
| 12/19/2018 12/19/18 | Pending | -- | -- | -- | |
| 11/16/2018 11/16/18 | For Sale | $295,000 | -- | $182 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $3,113 | $370,400 | $200,500 | $169,900 |
| 2024 | $3,113 | $351,400 | $181,500 | $169,900 |
| 2023 | $2,986 | $381,500 | $190,000 | $191,500 |
| 2022 | $2,779 | $304,900 | $145,400 | $159,500 |
| 2020 | $2,476 | $247,000 | $121,600 | $125,400 |
| 2019 | $2,069 | $214,600 | $102,600 | $112,000 |
| 2018 | $2,360 | $198,100 | $86,500 | $111,600 |
| 2017 | $2,112 | $175,600 | $75,100 | $100,500 |
| 2016 | $1,882 | $153,100 | $54,900 | $98,200 |
| 2015 | $1,646 | $125,400 | $40,000 | $85,400 |
| 2013 | $2,362 | $175,100 | $39,000 | $136,100 |
Source: Public Records
Agents Affiliated with this Home
-
Marius Ion
-
Duy Hoang
D
Seller Co-Listing Agent in 2025
Duy Hoang
COMPASS
(425) 628-4368
1 in this area
52 Total Sales
-
Kevin Harasimowicz
K
Buyer's Agent in 2025
Kevin Harasimowicz
RE/MAX
(206) 910-5288
3 in this area
61 Total Sales
-
Richard Vannoy
Seller's Agent in 2019
Richard Vannoy
Keller Williams Realty Bothell
(425) 344-2971
2 in this area
108 Total Sales
-
Michelle Torset
Seller Co-Listing Agent in 2019
Michelle Torset
KW Everett
(425) 233-5188
90 Total Sales
-
R
Buyer's Agent in 2019
Richard Humphrey
Flux Real Estate
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2411535
APN: 005863-001-001-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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