Listed by The Cascade Team, Bought with All Real Estate, LLC
NOT LISTED FOR SALE

619 Alder Ave Unit A & B Sultan, WA 98294

Estimated Value: $660,000 - $764,000

6 Beds
4 Baths
3,126 Sq Ft
$233/Sq Ft Est. Value

Last Sold December 12, 2017

Last sale price $389,500 $125 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,288/month

98 Days on Market

Highlights

  • Mountain View
  • High Speed Internet
  • Wall to Wall Carpet
  • Open Space
  • Property is Fully Fenced
  • 4-minute walk to Travelers Park

About This Home

As of December 2017

Well cared for, low maintenance, 2-Story Duplex located in the heart of Sultan. Occupied w/long-term tenants coupled with a competitive rental market makes this a solid investment property. Each unit has 4
bedrooms,1.75 baths, washer/dryer and a garage with a shop area. The upper floors offer a view of the Cascade Mountains. There's plenty of parking for guests and room for a garden.

Last Agent to Sell the Property

Mark Tillman

The Cascade Team License #24672 Listed on: 07/20/2017

The Cascade Team

Last Buyer's Agent

Bart Dalmasso

All Real Estate, LLC License #1948

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1164873

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1992

Lot Details

  • 9,148 Sq Ft Lot
  • Open Space
  • Property is Fully Fenced

Property Views

  • Mountain
  • Limited

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Wood Composite

Interior Spaces

  • 3,126 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27080500200100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,078

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1992
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3126
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Partial
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Sultan
  • WaterCompany: Sultan
  • WaterSewerGarbage: 3720

Schools

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

Lot Info

  • Parcel Number: 27080500200100
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Shop
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2895

Multi Family

  • Gross Scheduled Income: 34740
  • Net Operating Income: 31020
  • Number Of Units Total: 2
  • Leasable Area: 3126
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4078

MLS Schools

  • Elementary School: Sultan Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Dec 8, 2017
Sold by
Loveless Scot and Loveless Nanette
Bought by
Green Charles T and Green Delores B
Seller's Agent
Mark Tillman
The Cascade Team
Buyer's Agent
Bart Dalmasso
All Real Estate, LLC
List Price
$459,900
Sold Price
$389,500
Premium/Discount to List
-$70,400
-15.31%
Current Estimated Value
$727,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,861
Avg. Annual Appreciation
7.51%
Original Mortgage
$252,400
Outstanding Balance
$214,967
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$470,109

Purchase Details

Closed on
Jul 15, 2011
Sold by
Loveless Scot and Loveless Scot P
Bought by
Loveless Scot and Loveless Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,474
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2005
Sold by
Loveless Nanette
Bought by
Loveless Scot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1999
Sold by
Graham Robert B
Bought by
Findley Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
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
Green Charles T $389,500 Wfg National Title
Loveless Scot -- The Talon Group
Loveless Scot $11,235 First American Title Ins Co
Loveless Scot $347,000 First American Title Ins Co
Findley Robert W $145,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Charles T $252,400
Previous Owner Loveless Scot $301,474
Previous Owner Loveless Scot $277,600
Previous Owner Findley Robert W $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2017 12/12/17 Sold $389,500 -2.6% $125 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
09/07/2017 09/07/17 Price Changed $399,900 -4.8% $128 / Sq Ft
08/24/2017 08/24/17 Price Changed $419,900 -4.5% $134 / Sq Ft
08/17/2017 08/17/17 Price Changed $439,900 -4.3% $141 / Sq Ft
07/20/2017 07/20/17 For Sale $459,900 -- $147 / 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 $5,167 $624,700 $220,000 $404,700
2024 $5,167 $583,300 $200,000 $383,300
2023 $4,707 $601,300 $209,000 $392,300
2022 $4,457 $488,900 $156,000 $332,900
2020 $4,059 $404,900 $131,000 $273,900
2019 $3,406 $353,200 $111,000 $242,200
2018 $4,130 $346,700 $95,000 $251,700
2017 $4,078 $339,100 $87,000 $252,100
2016 $3,797 $308,900 $64,000 $244,900
2015 $3,303 $251,600 $50,000 $201,600
2013 $3,216 $238,400 $46,000 $192,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1164873

Northwest Multiple Listing Service (NWMLS)

APN: 270805-002-001-00