Listed by Skyline Properties, Inc., Bought with RE/MAX Metro Realty, Inc.
NOT LISTED FOR SALE

808 Main St Sultan, WA 98294

-- Bed
-- Bath
-- Sq Ft
7,405 Sq Ft

Last Sold February 07, 2024

Last sale price $975,000

177 Days on Market

Highlights

  • Deck
  • No HOA
  • Wood Siding
  • Territorial View
  • Baseboard Heating
  • 1-minute walk to Travelers Park

About This Home

As of February 2024

Fantastic Investment opportunity 6 units apartment building on Highway 2 in Downtown Sultan. Each unit offers 1 bedroom, 1 bath and kitchen, some units have been renovated with washer/dryer in the Unit. Two units need to be updated. The building exterior was painted last year. On site and off street parking. The property is a commercial zone, whether you want to leave as is, develop, or operate as an Airbnb, this property offers endless investment opportunities in the fastest growing city in the Snohomish County. Don't miss out on this amazing opportunity. Buyer to verify all information

Last Agent to Sell the Property

Johnny Phan

Skyline Properties, Inc. License #21007215 Listed on: 07/21/2023

Skyline Properties, Inc.

Last Buyer's Agent

Kevin Harasimowicz

RE/MAX Metro Realty, Inc. License #102801

RE/MAX Metro Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2142262

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,900

Year Built

  • Built in 1982

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00479100200500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,900

Year Built

Built in 1982

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1982
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes

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: 00479100200500
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: 0
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 1365
  • LeasedItems: None
  • TotalMonthlyIncome: 5750

Tax Info

  • Year: 2023
  • Tax Annual Amount: 4900
  • AdditionalTaxIds: 2937497

Multi Family

  • Number Of Units Total: 6
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Sultan Elem
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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 List to Sale Price per Sq Ft
10/08/2024 10/08/24 Off Market $1,600 -- --
09/04/2024 09/04/24 For Rent $1,600 0.0% --
02/07/2024 02/07/24 Sold $975,000 -11.4% --
01/14/2024 01/14/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $1,100,000 +12.8% --
12/31/2023 12/31/23 Off Market $975,000 -- --
11/27/2023 11/27/23 Price Changed $1,100,000 -4.3% --
10/09/2023 10/09/23 Price Changed $1,150,000 +4.5% --
10/09/2023 10/09/23 For Sale $1,100,000 0.0% --
09/28/2023 09/28/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,100,000 -18.5% --
07/21/2023 07/21/23 For Sale $1,350,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

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 $6,732 $825,000 $220,700 $604,300
2024 $6,732 $760,000 $194,600 $565,400
2023 $4,931 $630,000 $172,200 $457,800
2022 $4,604 $505,000 $152,200 $352,800
2020 $4,511 $450,000 $110,400 $339,600
2019 $4,340 $450,000 $82,400 $367,600
2018 $4,944 $415,000 $100,300 $314,700
2017 $4,991 $415,000 $59,200 $355,800
2016 $2,471 $402,000 $59,200 $342,800
2015 $4,805 $366,000 $65,100 $300,900
2013 $4,857 $360,000 $66,600 $293,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2142262

Northwest Multiple Listing Service (NWMLS)
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