Listed by KW Everett, Bought with Gilpin Realty, Inc.
NOT LISTED FOR SALE

713 8th St Sultan, WA 98294

-- Bed
-- Bath
5,792 Sq Ft
0.41 Acres

Last Sold October 26, 2022

Last sale price $1,250,000 $216 Per Sq Ft

14 Days on Market

Highlights

  • New Construction
  • Deck
  • No HOA
  • 0.41 Acre Lot
  • Territorial View
  • Tankless Water Heater

About This Home

As of October 2022

{New Construction 4 Unit} Class A Building with high end finishes. Each unit features 3 bed PLUS OFFICE (4th bedroom potential) This property was built like townhomes, no shared attics or crawl space (Opportunity for condo conversion?) All stainless appliances, gas tankless hot water heaters & forced air furnace. Quarts counter tops, LVP floors throughout. Large pantry and storage makes these easy to rent units. ZERO vacancies since completion. Walking distance to schools/stores. Sultan is a fast growing area with a lot of potential and high demand.

Last Agent to Sell the Property

Danielle Robinett

KW Everett License #113291 Listed on: 09/20/2022

KW Everett

Co-Listed By

Tamara Lamore

KW Everett License #72279

Last Buyer's Agent

Raymond Cook

Gilpin Realty, Inc. License #10470

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1998405

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 5,792 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Territorial Views

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28083200320400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 2022
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: Yes
  • CalculatedSquareFootage: 5792
  • EffectiveYearBuiltSource: Public Records
  • EstimatedCompletionDate: 2022-01-01
  • NewConstruction: Completed
  • Special Features: NewHome

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Forced Air, Tankless Water Heater, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: city of sultan
  • WaterCompany: city of sultan
  • WaterSewerGarbage: 8580

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 28083200320400
  • Lot Size Acres: 0.4139
  • Lot Size Sq Ft: 18028
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: short plat
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13.54
  • LeasedItems: None
  • TotalMonthlyIncome: 8000

Multi Family

  • Gross Scheduled Income: 96000
  • Net Operating Income: 75579
  • Number Of Units Total: 4
  • Insurance Expense: 1841
  • Leasable Area: 5792
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 10000

MLS Schools

  • Elementary School: Sultan Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $1,250,000 -3.8% $216 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $1,300,000 -- $224 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1998405

Northwest Multiple Listing Service (NWMLS)