Listed by RADIUS PROPERTIES, Bought with Daily Realty Group LLC
NOT LISTED FOR SALE

504 Date St Sultan, WA 98294

Estimated Value: $813,149 - $987,000

7 Beds
4 Baths
3,540 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $650,000 $184 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,141/month

30 Days on Market

Highlights

  • 0.29 Acre Lot
  • Corner Lot
  • Property is Fully Fenced
  • Mountain View
  • Patio
  • Wall to Wall Carpet

About This Home

As of May 2021

Well-constructed Triplex in Downtown Sultan. Unit 504 is fully fenced. All units were built by owner as a long-term investment (first time on the market!). It could make a great opportunity to own your own home while receiving income from the other units and building equity simultaneously. Triplex consists of one 3 bed/2.5 bath (1500 sf) and two 2 bed/1 bath units (1020 sf each). Each unit has a 1 car garage. Walking distance to bus stop, schools, library, post office, restaurants, parks and even a river boat launch.

Last Agent to Sell the Property

Carlos Dibaldi

RADIUS PROPERTIES License #111495 Listed on: 03/19/2021

Last Buyer's Agent

Gina Eifert

Daily Realty Group LLC License #49475

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1744731

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,132

Year Built

  • Built in 1989

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 7 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Sultan Elementary School
  • Sultan Mid Middle School
  • Sultan Snr High School

Community Details

  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28083200315800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,132

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3540
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Snohomish County PUD
  • SewerCompany: City of Sultan
  • WaterCompany: City of Sultan
  • WaterSewerGarbage: 6984

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Sultan
  • High School: Sultan Snr High
  • Middle Or Junior School: Sultan Mid

Lot Info

  • Parcel Number: 28083200315800
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Fenced-Partially,Patio
  • MLSLotSizeSource: Snohomish County Treasurer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 3800

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 28637
  • Number Of Units Total: 3
  • Insurance Expense: 1567
  • Leasable Area: 3540
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 6132

MLS Schools

  • Elementary School: Sultan Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2022
Sold by
Parish Johansen Anita
Bought by
Johansen Keith Allen and Johansen Laura
Current Estimated Value
$868,787

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 13, 2021
Sold by
Rode Deanna Lorraine
Bought by
Johansen Laura Ann and Johansen Keith Allen
Seller's Agent
Carlos Dibaldi
RADIUS PROPERTIES
Buyer's Agent
Gina Eifert
Daily Realty Group LLC
List Price
$685,000
Sold Price
$650,000
Premium/Discount to List
-$35,000
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$417,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Johansen Keith Allen -- None Listed On Document
Johansen Laura Ann $650,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johansen Laura Ann $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $650,000 -1.5% $184 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/13/2021 04/13/21 Price Changed $660,000 -3.6% $186 / Sq Ft
03/19/2021 03/19/21 For Sale $685,000 -- $194 / 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 $6,414 $775,500 $229,000 $546,500
2024 $6,414 $724,100 $209,000 $515,100
2023 $5,972 $762,900 $223,000 $539,900
2022 $5,497 $603,000 $164,000 $439,000
2020 $5,085 $507,300 $138,000 $369,300
2019 $4,500 $466,600 $118,000 $348,600
2018 $5,052 $424,100 $98,000 $326,100
2017 $4,113 $342,000 $94,000 $248,000
2016 $3,757 $305,600 $68,000 $237,600
2015 $3,610 $275,000 $55,000 $220,000
2013 $3,279 $243,000 $52,000 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1744731

Northwest Multiple Listing Service (NWMLS)

APN: 280832-003-158-00