32632 138th St SE Sultan, WA 98294

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4 beds · 2 baths · 2,028 sq ft · Lot Size: 6,534 sq ft · Single Family Home
Est. Property Value: $631,917

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32632 138th St SE is in the 98294 neighborhood of Sultan, WA. It is located in Snohomish County and ZIP code 98294. This Single Family Home was built in 2006 and is approximately 19 years old. The single family home spans 2028 sq ft with 4 bedrooms and 2 bathrooms and sits on a 6534 sq ft lot. According to public records, it was last sold in 2023 for $565,000 and has a tax-assessed value of $518,300, which is $312 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 32632 138th St SE Sultan, WA 98294 with Property Intel by Whitepages.

32632 138th St SE

Sultan, WA 98294

Owner Info

Owners & Occupancy for 32632 138th St SE

This property is owned by Jared Norris Cash. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence**********
Landline(210) 659-6616
Distance from Property**********
Email Address******************@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*******************
Resident 2***************** age 33

Property Financials for 32632 138th St SE

32632 138th St SE, Sultan, WA has a mortgage from Priority Hm Lndg Llc (orig. August 28, 2023). The Snohomish county assessment for 2024 values it at $518,300, with annual taxes of $4,601.

Mortgage & Equity Information

Loan Amount$******
LenderPriority Hm Lndg Llc
Origination DateAugust 28, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date******************
Equity View Equity

Property Tax

Purchase DateAugust 30, 2023
Property Tax Amount$4,601 in 2024
Purchase Price$565,000
Assessed Value$518,300 on 2024

Investment Potential for 32632 138th St SE

The property has a current estimated value of $631,917, which is 1% above the zip median, based on public records. It last sold on August 30, 2023 for $565K. Projected long-term
is $38,400 annually ($3,200 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$38,400 per year($3,200 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 98294 zip code
 
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Property Details for 32632 138th St SE

Property Details

Property Sq Ft

Living Area

2,028 sq ft

9% below market

Lot Size

6,534 sq ft

15% above market

Price Per Sq Ft

Living Area

$312 / sq ft

10% above market

Lot Size Area

$97 / sq ft

12% below market

Property condition, age, exterior, etc. for 32632 138t…
Longitude: -121.794826 Latitude: 47.872858 Parcel Number (APN): 010212-000-039-00…

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Market Benchmarks

Compare data for 32632 138th St SE in Snohomish County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$631,917
$784,233
-$152,317 (-19%)
$846,942
-$179,655 (-21%)
YoY Price Change
2.92%
-25%
Year Built
2006
1991
15 years
Living Space
2,028 sq ft
2,476 sq ft
-448 (-18%)
$ Per Living Sq Ft
$312
$318
-$7 (-2%)
Lot Size
6,534 sq ft
9,600 sq ft
-3066 (-32%)
$ Per Lot Sq Ft
$97
$78
$18 (23%)

Net Operating Income
$23,820
$258 (1%)
Annual Revenue
$38,400
$42,000
-$3,600 (-9%)
$17,441
-$3,119 (-18%)
Net Operating Income
$23,820
$258 (1%)
Cap Rate
3.12%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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