Listed by Commercial RE Solutions LLC, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

905 4th St Sultan, WA 98294

14 Beds
10 Baths
9,950 Sq Ft
0.83 Acres

Last Sold January 20, 2017

Last sale price $1,150,000 $116 Per Sq Ft

14 Days on Market

Highlights

  • 0.83 Acre Lot
  • Patio
  • Property is in very good condition
  • Territorial View
  • High Speed Internet
  • Partially Fenced Property

About This Home

As of January 2017

Investor Alert! 6.6% CAP rate for this well maintained, 8-unit townhome complex. First time on market since constructed in 2006. 100% occupied & strong rental history. Desirable craftsman style w/great curb appeal. Individual garage per unit. Cement planked siding & comp roof. Low maintenance requirements. Tenants pay separately metered w/s/g & electric. Gas furnaces & h/w tanks in each unit. Near schools, bus line, & HWY 2. Excellent 1st multi-family investment property or add to portfolio.

Last Agent to Sell the Property

Gabriel Graumann

Commercial RE Solutions LLC License #24843 Listed on: 10/31/2016

Co-Listed By

Joe Platz

KW Everett License #27814

Last Buyer's Agent

Curtis Dupart

John L. Scott, Inc License #109243

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1047045

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 2006

Lot Details

  • 0.83 Acre Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 9,950 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 16 Parking Spaces
  • 8 Covered Spaces
  • Open Parking

Schools

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

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Sultan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28083200203200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,315

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9950
  • Special Features: VirtualTour

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Snohomish PUD
  • SewerCompany: City of Sultan
  • WaterCompany: City of Sultan

Schools

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

Lot Info

  • Parcel Number: 28083200203200
  • Lot Size Acres: 0.8272
  • Lot Size Sq Ft: 36031
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,High Speed Internet,Patio
  • MLSLotSizeSource: County Record
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7820

Tax Info

  • Year: 2016
  • Tax Annual Amount: 11315

Multi Family

  • Number Of Units Total: 8
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Sultan Elem

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/20/2017 01/20/17 Sold $1,150,000 0.0% $116 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $1,150,000 -- $116 / 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 $15,424 $1,760,000 $268,100 $1,491,900
2024 $15,424 $1,740,000 $258,100 $1,481,900
2023 $12,878 $1,644,000 $212,100 $1,431,900
2022 $11,722 $1,285,000 $170,000 $1,115,000
2020 $11,235 $1,120,000 $336,600 $783,400
2019 $10,319 $1,069,300 $246,200 $823,100
2018 $12,133 $1,018,000 $148,500 $869,500
2017 $11,454 $952,000 $144,000 $808,000
2016 $11,315 $920,000 $144,000 $776,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1047045

Northwest Multiple Listing Service (NWMLS)