About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

202 Alder St, Sultan, WA 98294

$308,000

Last sold 02/27/2015 for $115K

—
bed
—
bath
1,200
Sqft ($96/Sqft)

House not for sale

About 202 Alder St

Property type House

Neighborhood

Year built 1940

HOA fee $0/month

Lot size 3,485 Sqft

Movoto estimate

Property description

$5,000 price drop7/14/14Investor special!I know she is not the prettiest girl in town & she even needs some TLC,but she is faithful & makes money!Units are always rented out & the monthly income is $2,000.Please do not disturb the tenants,access to units for showings & inspections with signed around purchase agreement only!Previous purchase agreement failed do to the uncertainty of what the flood insurance cost would be in future!Current owner is investor & their new flood quote is $627 per year

Listed by

Listing Agent - Herbert Burkart

Listing Office - RE/MAX Signature

Source: NWMLS

MLS#637489 • last updated 2 years ago

Movoto checked NWMLS for data 6 minutes ago

Overview
Levels/Style	Quadruplex
MLS #	637489
SubType	Multi-Family
Type	Residential Income
SqFt	1200
Status	Sold
Lot Size (SqFt)	3485
Lot Size (Acres)	0.08
Property Tax	1670
Buying Office	Van Horn Real Estate Inc.
Year Built	1940
Buying Office Phone	206-355-9337

Exterior
Foundation	Poured Concrete
Exterior Features	Cement/Concrete

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Sultan
Water	Public
Water Company	City Of Sultan
Power Company	PUD
Power Production: Type	Electric

Location
View	Territorial
County	Snohomish
Subdivision	Sultan Town
Area	_750EastSnohomishC
Elementary School	Buyer To Verify
Middle School	Buyer To Verify
High School District	Sultan
High School	Buyer To Verify
APN	588800701202
Zoning	Multi-Family

Multifamily Details
Net Operating Income	15661
Capitalization Rate	13.05
Expense: Insurance	1329
Expense: Electricity	480
Gross Scheduled Income	25800
Total Expenses	10139
Nwm_Totalmonthlyincome	2150

Lot/ Land Details
Site Features	Cable TV

$308K

Range: $215K-$400K

Last 30 days

Rental est.: $2,463/month

• Gross rent multiplier: 3.9 - Excellent

Lower your payment with the loan terms that fit you.

Nov 2018
Public Records
Nov 30, 2018 Sold
$310,000 (+24.0%)
Nov 2016
MLS # 1054686
Nov 21, 2016 Listed
$250,000 (+117.4%)
Nov 20, 2016 Listed
—
Feb 2015
Public Records
Feb 27, 2015 Sold
$115,000
Feb 2015
MLS # 637489
Feb 27, 2015 Sold
$115,000 (-4.1%)
Feb 19, 2015 Pending
—
Feb 13, 2015 Listed
—
Jan 2, 2015 Pending
—
May 16, 2014 Listed
$119,950
May 15, 2014 Listed
$119,950 (+13.2%)
Dec 2004
Public Records
Dec 17, 2004 Sold
$106,000

Year Property taxes Tax assessment
2025
$2,789 +22.9%

$308,000 +6.21%
2023
$2,270 +8.1%

$290,000 +37.25%
2022
$2,100 -32.9%

$211,300 -21.74%
2021
$3,128 +15.6%

$270,000
2020
$2,706 +58.0%

$270,000 +82.43%
2019
$1,713 +4.9%

$148,000
2018
$1,632 +3.6%

$148,000 +23.33%
2015
$1,575

$120,000

202 Alder St
$115K
_750eastsnohomishc
—
98294
$549K -3% y/y
Sultan
$554K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
104 2nd St, Sultan, WA 98294	$519,000	4/1	1,280	0.02
200 2nd St, Sultan, WA 98294	$357,000	2/1	836	0.02
202 2nd St, Sultan, WA 98294	$282,000	2/1	736	0.03
102 2nd St, Sultan, WA 98294	$498,000	2/1	1,423	0.03
209 Alder St, Sultan, WA 98294	$400,000	2/1	1,222	0.03
111 3rd St, Sultan, WA 98294	$454,000	3/1	1,200	0.04
105 3rd St, Sultan, WA 98294	$216,000	2/1	1,219	0.05
103 3rd St, Sultan, WA 98294	$413,000	1/1	1,426	0.05

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.