16725 167th Avenue SE $925,000


    16725 167th Avenue SE Monroe, WA 98272

    SOLD 12/12/2022


    • 0 Beds
    • 0 Baths
    • 3,671 sq. ft.
    • Multi-Family
    • Listing# 2008101
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    Views: 8

    Property Details

    4 unit outside of Monroe, with easy access to 522. Townhome style units, all featuring 2 bed, 1 bath upstairs, with 1/2 bath and kitchen and living room on the lower entry floor. Mountain views. All rents currently under market. Building is separately metered and tenants pay all utilities. If owner occupied, a buyer could get in with as little as 3.5% down with an FHA loan, excellent for first time investor. New roof last year. Sweat equity available if one were to upgrade units. HOA for neighborhood maintains the commons areas. Currently one tenant is landscaper and maintains property in exchange for partial rent reduction. Would love to continue doing so for new owners. Stackable washers/dryers in each unit included with sale.

    • General Features
      • Association Fee 900
      • Association Fee Frequency Annually
      • Building Name Arbor Heights
      • County Or Parish Snohomish
      • Furnished Unfurnished
      • Leasable Area 3671
      • Leasable Area Units Square Feet
      • MLS Area Major 610 - Southeast Snohom
      • New Construction Y/N No
      • Offers Review Date 2022-11-23
      • Property Sub Type Multi-Family
      • Style Code 54 - 4-Plex
      • Subdivision Name Monroe
      • Tax Annual Amount 6795
      • Tax Year 2022
      • Year Built 1999
    • Building Features
      • Building Area Total 3671
      • Building Area Units Square Feet
      • Heating Y/N Yes
      • Living Area 0
      • Living Area Units Square Feet
    • Property Features
      • Carport Spaces 4
      • Carport Y/N No
      • Covered Spaces 0
      • Irrigation Water Rights Y/N No
      • Lot Size Acres 0.23
      • Lot Size Square Feet 10018
      • Lot Size Units Square Feet
      • Open Parking Spaces 3
      • Open Parking Y/N Yes
      • Parking Total 7
      • View Y/N Yes
      • Waterfront Y/N No
    • Schools
      • Elementary School Buyer To Verify
      • High School Monroe High
      • High School District Monroe
      • Middle Or Junior School Buyer To Verify


    98272 (Monroe) Demographics

    35 Median Age
    280 Population Density (per sq. mile)
    35% College Educated
    $95,190 Estimated Median Income
    7,265 Estimated Total Home Owners
    2,017 Estimated Total Renters
    78% / 22% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,801 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $599,000 Median Sales Price
    15 Homes Sold
    30 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        12/12/2022 12:00:00 AM Sold Source: Multiple Listing Service New Value: $925,000
        11/27/2022 11:01:23 AM Status Changed Source: Multiple Listing Service New Value: Pending

        This property search is part of the Coldwell Banker Evergreen Olympic Realty, Inc. website. Listing information is courtesy of the WA-NWMLS and Coldwell Banker Evergreen Olympic Realty, Inc.. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol:MLS Logo provided by Northwest Multiple Listing Service, 2023. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.