Listed by Windermere Real Estate/East, Bought with Marketplace Sotheby's Intl Rty
NOT LISTED FOR SALE

514 Powell St Monroe, WA 98272

Estimated Value: $503,000 - $672,000

3 Beds
3 Baths
2,288 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $484,000 $212 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,465/month

Highlights

  • 0.31 Acre Lot
  • Traditional Architecture
  • 2 Car Attached Garage
  • Property is near public transit
  • No HOA
  • 5-minute walk to Skykomish River Park

About This Home

As of November 2022

Investor/Developer Alert! Fantastic opportunity to rehab this large home in the heart of downtown Monroe. Two-story layout with large living room, primary bedroom on the main level, and two spacious bedrooms upstairs. The oversized lot and current zoning allow you to explore further development opportunities with the City. Extra storage in the oversized garage and backyard shed, plus generous off-street parking. Great location - blocks to coffee, restaurants, parks & shopping! Easy access to Hwy 522 to Bothell/Eastside and Hwy 2 to Everett/Boeing. Bus lines close, Connector, Park and Ride. Home to be sold as-is, release the desire to do your own interior designs!

Last Agent to Sell the Property

Jason Cook

Windermere Real Estate/East License #108685 Listed on: 10/12/2022

Windermere Real Estate/East

Co-Listed By

David Croppi

Windermere Real Estate/East License #24737

Last Buyer's Agent

Hayden Bowles

Marketplace Sotheby's Intl Rty License #20113765

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2006878

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,520

Year Built

  • Built in 1916

Lot Details

  • 0.31 Acre Lot
  • East Facing Home
  • Property is Fully Fenced
  • Level Lot
  • Garden
  • Property is in average condition

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Rough-In Basement

Kitchen

  • Oven or Range
  • Stove

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Frank Wagner Elementary School
  • Monroe Mid Middle School
  • Monroe High School

Community Details

  • No Home Owners Association
  • Monroe Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 & 16 / 2
  • Assessor Parcel Number 00484600201500

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,520

Year Built

Built in 1916

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1916
  • Inclusions: Dryer,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Traditional
  • Building Name: Kelsey's first addition
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2288
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: Roughed In
  • Appliances: Dryer, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate, Wall to Wall Carpet, Bath Off Primary, Dining Room
  • Living Area: 2288
  • Main Level Bedrooms: 1
  • Bathrooms: 2.5
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2288
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dryer,Refrigerator,Stove/Range,Washer

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Block, Slab
  • Property Condition: Average
  • Structure Type: House
  • BusLineNearby: true
  • BusRouteNumber: 20

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Utilities: Sewer Connected, Electricity Available
  • HeatingCoolingType: Forced Air
  • PowerCompany: Snoh PUD
  • SewerCompany: City of Monroe
  • WaterCompany: City of Monroe

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Monroe
  • High School: Monroe High
  • Middle Or Junior School: Monroe Mid

Lot Info

  • Parcel Number: 00484600201500
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Records
  • MLSSquareFootageSource: Records
  • ZoningJurisdiction: City
  • LotNumber: 15 & 16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4520

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Frank Wagner Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Oct 31, 2022
Sold by
Safe Ira Properties Llc
Bought by
Powell Street Properties Llc
Seller's Agent
Jason Cook
Windermere Real Estate/East
Buyer's Agent
Hayden Bowles
Marketplace Sotheby's Intl Rty
List Price
$499,000
Sold Price
$484,000
Premium/Discount to List
-$15,000
-3.01%
Current Estimated Value
$603,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,149
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Commercial Title & Escrow Llc and United States Of America
Bought by
Harmony House East Association
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
Powell Street Properties Llc -- Ticor Title
Harmony House East Association $358,333 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2022 11/07/22 Sold $484,000 -3.0% $212 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $499,000 -- $218 / 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 $3,168 $415,500 $322,000 $93,500
2024 $3,168 $392,200 $302,000 $90,200
2023 $4,959 $666,000 $322,000 $344,000
2022 $1,220 $502,000 $228,000 $274,000
2020 $0 $441,100 $206,000 $235,100
2019 $0 $397,000 $175,000 $222,000
2018 $1,220 $357,700 $150,000 $207,700
2017 $1,220 $330,200 $139,000 $191,200
2016 $1,220 $297,200 $114,000 $183,200
2015 $1,137 $260,600 $107,000 $153,600
2013 -- $152,000 $80,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2006878

Northwest Multiple Listing Service (NWMLS)

APN: 004846-002-015-00