NOT LISTED FOR SALE

Estimated Value: $664,978 - $858,000

6 Beds
3 Baths
5,472 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $1,350,000 $247 Per Sq Ft

Est. 46% decrease in value since last sale

Current estimated payment $4,532/month

2 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • 1-minute walk to John Ball Park
  • Baseboard Heating
  • Lap Siding

About This Home

As of May 2022

GREAT INVESTMENT OPPORTUNITY. REMODELED 6-plex property for sale in Downtown Vancouver. NEW ROOF, NEW FIBER CEMENT SIDING, NEW VINYL WINDOWS, REMODELED INTERIORS ON 5 UNITS, 100% OCCUPIED. This amazing property consists of two 3-plex buildings on 2 tax parcels, sharing a corner lot w/ attached parking area and street parking. The listing photos show one of the beautifully remodeled units w/ new kitchen, new bath, new flooring, new doors/trim, new fixtures, & new paint!!!

Last Agent to Sell the Property

Linda Hougan

Premier Realty License #17256 Listed on: 03/22/2022

Co-Listed By

Shane Smith

Premier Realty License #23554

Last Buyer's Agent

YouQian Chen

YQC Properties LLC License #49978

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,163

Year Built

  • Built in 1970

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,472 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Hough Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 061060000

Community Details

Overview

  • 6 Units
  • Hough Neighborhood Subdivision

Building Details

  • Operating Expense $25,133
  • Gross Income $76,337
  • Net Operating Income $51,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,163

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hough
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R-9
  • Parcel #: 061060000
  • Assessor Parcel Number 2: 061061000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6162.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 17.68
  • Annual Gross Income: 76337.0
  • Property Net Operating Income: 51204.0
  • Annual Operating Expense: 25133.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
May 4, 2022
Sold by
Cbr Properties Llc
Bought by
Harris Seth W and Harris Julie
Seller's Agent
Linda Hougan
Premier Realty
Buyer's Agent
YouQian Chen
YQC Properties LLC
List Price
$1,350,000
Sold Price
$1,350,000
Total Days on Market
2
Current Estimated Value
$733,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$616,007
Avg. Annual Appreciation
-16.85%
Original Mortgage
$506,250
Outstanding Balance
$482,066
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$277,062

Purchase Details

Closed on
Jan 30, 2014
Sold by
Kier Brian and Kessell Richard
Bought by
Cbr Properties Llc

Purchase Details

Closed on
Jul 23, 2013
Sold by
Kier Brian and Kier Heather
Bought by
Kier Brian and Kessel Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,500
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2011
Sold by
Loader Colin and Kier Brian
Bought by
Cbr Properties Llc

Purchase Details

Closed on
Jul 20, 2004
Sold by
Caputo Peter C and Caputo Marci A
Bought by
Baugess Steven and Baugess Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2002
Sold by
Hallman Barbara Ann
Bought by
Caputo Peter C and Caputo Marci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 1995
Sold by
Isley Robert T and Isley Pamela S
Bought by
Hallman Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
9.27%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harris Seth W -- None Listed On Document
Cbr Properties Llc -- None Available
Kier Brian -- Select Title-Servicelink
Kier Brian -- Select Title-Servicelink
Cbr Properties Llc -- None Available
Baugess Steven $205,000 Clark County Title
Caputo Peter C $171,000 Clark County Title
Hallman Barbara Ann $110,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Seth W $506,250
Previous Owner Kier Brian $179,500
Previous Owner Baugess Steven $164,000
Previous Owner Caputo Peter C $136,800
Previous Owner Hallman Barbara Ann $104,500
Closed Caputo Peter C $34,200
Closed Baugess Steven $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $1,350,000 0.0% $247 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $1,350,000 -- $247 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,316 $544,500 $176,000 $368,500
2024 $5,091 $544,500 $176,000 $368,500
2023 $4,612 $495,000 $160,000 $335,000
2022 $3,696 $495,000 $160,000 $335,000
2021 $3,734 $369,500 $118,440 $251,060
2020 $3,604 $351,900 $112,800 $239,100
2019 $3,093 $351,900 $112,800 $239,100
2018 $3,449 $312,800 $0 $0
2017 $2,951 $289,600 $0 $0
2016 $2,859 $258,600 $0 $0
2015 $2,701 $239,400 $0 $0
2014 -- $213,800 $0 $0
2013 -- $213,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22389418

Regional Multiple Listing Service (RMLS)

APN: 061060-000