Stephanie Herrmann
Better Properties Soundview
(253) 499-7078
179 Total Sales
1 in Monroe
$520,000 Price
Listed by Skyline Properties, Inc., Bought with Crosby & Co Real Estate
700 W Maple St Unit 1-28 Monroe, WA 98272
Monroe Area
7
Beds
4
Baths
25,472
Sq Ft
2.04
Acre Lot
Highlights
- 2.04 Acre Lot
- Thermal Windows
- Patio
- Mountain View
- Cul-De-Sac
- Partially Fenced Property
About This Home
As of September 2016Perfect Value Add Opportunity!! Full of potential! Current Cap Rate 4.8 Pro-Forma Cap Rate 7.5%. 28 Units + One Office- 20 Two Bedroom/1 Bath and 8 three bedroom/2 Bath units Large Property over 2 acres set back on private Cul-de-sac. 36% off all housing in the area is renter occupied. 5 minutes to downtown shopping, freeway and schools. Property is 100% occupied and includes amenities such as two playgrounds, coin operated laundry.
Last Agent to Sell the Property
Skyline Properties, Inc. License #111216 Listed on: 05/16/2016
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 940563
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,098
Year Built
- Built in 1982
Lot Details
- 2.04 Acre Lot
- Cul-De-Sac
- Street terminates at a dead end
- Partially Fenced Property
- Property is in good condition
Parking
- Open Parking
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 25,472 Sq Ft Home
- 2-Story Property
- Thermal Windows
- Mountain Views
Flooring
- Wall to Wall Carpet
- Laminate
- Vinyl
Outdoor Features
- Patio
- Outbuilding
Schools
- Monroe High School
Utilities
- Cable TV Available
Community Details
- Monroe Subdivision
Listing and Financial Details
- Assessor Parcel Number 27060100202300
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2026
Sold by
Sage-Monroe 1 Llc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,348,000
Outstanding Balance
$5,145,064
Interest Rate
6.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2022
Sold by
Monroe Athena Apartments Llc
Bought by
Sage-Monroe 1 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,100
Interest Rate
5.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2020
Sold by
Athena Equity Partners Llc
Bought by
Monroe Athena Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,675,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Listed on
May 16, 2016
Closed on
Sep 8, 2016
Sold by
Athena Properties Llc
Bought by
Athena Equity Partners Llc
Seller's Agent
Donna Marshall
Skyline Properties, Inc.
Buyer's Agent
David Yuchasz
Crosby & Co Real Estate
List Price
$2,885,000
Sold Price
$2,885,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,334,728
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 15, 2003
Sold by
Addicott Rodney A and Addicott Loretta P
Bought by
Athena Properties Llc
Purchase Details
Closed on
Mar 22, 2002
Sold by
Monroe Associates
Bought by
Addicott Rodney A and Addicott Loretta P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$772,125
Interest Rate
6.84%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monroe, WA
-
Stephanie Herrmann
-
Elisabeth Blalock
Elisabeth Blalock
Marketplace Sotheby's Intl Rty
(206) 593-3756
66 Total Sales
2 in Monroe
$168K - $625K Price Range
-
Aaron De Nunzio
Aaron De Nunzio
Windermere Real Estate GH LLC
(425) 979-7404
196 Total Sales
1 in Monroe
$674,000 Price
-
Jacob Ray
Jacob Ray
Terrafin
(253) 683-7857
59 Total Sales
1 in Monroe
$700,000 Price
-
Janae Hansen
Janae Hansen
Windermere Real Estate/East
(425) 952-9733
29 Total Sales
2 in Monroe
$675K - $690K Price Range
-
Jessica Gustelius
Jessica Gustelius
Windermere Real Estate GH LLC
(206) 207-7269
50 Total Sales
1 in Monroe
$415,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $7,545,650 | Chicago Title | ||
| Sage-Monroe 1 Llc | -- | Chicago Title | |
| Monroe Athena Apartments Llc | $4,895,800 | Monroe Athena Apartments Llc | |
| Athena Equity Partners Llc | $2,880,000 | Fidelity Natl Title Wa Inc | |
| Athena Properties Llc | -- | -- | |
| Addicott Rodney A | $1,029,500 | Lawyers Title Agency |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $5,348,000 | ||
| Previous Owner | Sage-Monroe 1 Llc | $409,100 | |
| Previous Owner | Monroe Athena Apartments Llc | $3,675,000 | |
| Previous Owner | Athena Equity Partners Llc | $2,334,728 | |
| Previous Owner | Addicott Rodney A | $772,125 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/12/2016 09/12/16 | Sold | $2,885,000 | 0.0% | $113 / Sq Ft |
| 06/04/2016 06/04/16 | Pending | -- | -- | -- |
| 05/24/2016 05/24/16 | For Sale | $2,885,000 | -- | $113 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $38,803 | $4,958,000 | $1,055,400 | $3,902,600 |
| 2025 | $41,300 | $5,111,000 | $1,012,900 | $4,098,100 |
| 2024 | $41,300 | $5,111,000 | $994,100 | $4,116,900 |
| 2023 | $30,213 | $4,056,000 | $911,100 | $3,144,900 |
| 2022 | $31,303 | $3,352,000 | $718,100 | $2,633,900 |
| 2020 | $21,125 | $2,180,000 | $552,400 | $1,627,600 |
| 2019 | $20,518 | $2,090,000 | $457,400 | $1,632,600 |
| 2018 | $24,204 | $2,020,000 | $424,700 | $1,595,300 |
| 2017 | $19,471 | $1,700,000 | $424,700 | $1,275,300 |
| 2016 | $18,917 | $1,520,000 | $392,000 | $1,128,000 |
| 2015 | $18,784 | $1,420,000 | $392,000 | $1,028,000 |
| 2013 | $17,354 | $1,200,000 | $392,000 | $808,000 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Marshall
Seller's Agent in 2016
Donna Marshall
Skyline Properties, Inc
(425) 422-0954
17 Total Sales
-
Dan Swanson
Seller Co-Listing Agent in 2016
Dan Swanson
Kidder Mathews
(425) 444-6501
46 Total Sales
-
David Yuchasz
DY
Buyer's Agent in 2016
David Yuchasz
Crosby & Co Real Estate
(206) 799-1660
9 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 940563
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. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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