Great 4 unit investment property available in Auburn WA. 1996 construction, large units, parking, new finished, and in a quiet location. Great for owner occupants. Immediate rental upside and the opportunity to achieve a strong return. Great investment property in a growing Auburn.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,540
Year Built
Built in 1996 | Remodeled
Lot Details
0.29 Acre Lot
Home Design
Quadruplex
Built-Up Roof
Vinyl Construction Material
Interior Spaces
4,020 Sq Ft Home
2-Story Property
Flooring
Wall to Wall Carpet
Vinyl
Parking
10 Parking Spaces
Open Parking
Schools
Gildo Rey Elementary School
Mt Baker Mid Middle School
Community Details
Willow Park Apt Condos
Auburn Subdivision
Listing and Financial Details
Tax Lot 302105-9382
Assessor Parcel Number 3021059382
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,540
Year Built
Built in 1996 | Remodeled
Lot Details
0
Listing Details
Property Type: Residential Income
Property Sub Type: Multi-Family
StyleCode: 54 - 4-Plex
Year Built: 1996
Buyer Agency Compensation: 2.5%
MLS Status: Sold
Prev Status: Closed
Building Name: Willow Park Apt
New Construction: No
CalculatedSquareFootage: 4020
EffectiveYearBuiltSource: See Remarks
Special Features: None
Cumulative Days on Market: 278
Interior Features
Possible Use: Multi-Family
Fireplace: No
Flooring: Vinyl, Carpet
Interior Amenities: Wall to Wall Carpet
Stories: 2
SquareFootageFinished: 0
SquareFootageUnfinished: 0
Amenities: See Remarks
Exterior Features
Roof: Built-Up
View: No
Waterfront: No
Exterior Features: Metal/Vinyl
Property Condition: Remodeled
Structure Type: Quadruplex
Garage/Parking
Carport Spaces: 8
Carport Y N: No
Open Parking Spaces: 2
Open Parking: Yes
Total Parking Spaces: 10
ParkingUncoveredSpaces: 2
Utilities
Sewer: Available
Heating Yn: Yes
Utilities: Electric
WaterSewerGarbage: 4800
Condo/Co-op/Association
Association Fee Frequency: Annually
Schools
Junior High Dist: Auburn
High School: Buyer To Verify
Middle Or Junior School: Mt Baker Mid
Lot Info
Parcel Number: 3021059382
Lot Size Acres: 0.2859
Lot Size Sq Ft: 12452
Irrigation Water Rights: No
ResoLotSizeUnits: SquareFeet
ShowMapLink: true
MLSLotSizeSource: County
ZoningJurisdiction: City
ZoningClass: Multi-Family
LotNumber: 302105-9382
Green Features
Power Production Type: Electric
Rental Info
Furnished: Unfurnished
GrossRentMultiplier: 12
LeasedItems: None
TotalMonthlyIncome: 4400
Multi Family
Gross Scheduled Income: 52800
Net Operating Income: 39260
Number Of Units Total: 1
Insurance Expense: 1200
Leasable Area: 4020
UnitsInBuildingTotal: 4
UnitsBelowGrade: false
VacancyRate: 0
Tax Info
Year: 2019
Tax Annual Amount: 7540
MLS Schools
Elementary School: Gildo Rey Elem
Ownership History
DateNameOwned ForOwner Type
Oct 2019 - PresentKliegman Steven N and Henry Deirdre L5 Years and 8 Months
Private Individual
Purchase Details
Listed on
Sep 2, 2019
Closed on
Oct 21, 2019
Sold by
Boytler Bruce J and Boytler Verna F
Bought by
Kliegman Steven N and Henry Deirdre L
List Price
$650,000
Sold Price
$671,000
Premium/Discount to List
$21,000
3.23%
Total Days on Market
5
Current Estimated Value
$881,624
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,624
Avg. Annual Appreciation
10.48%
Feb 2011 - Oct 2019Boytler Bruce J8 Years and 8 Months
Private Individual
Purchase Details
Closed on
Feb 10, 2011
Sold by
Boytler Bruce
Bought by
Boytler Bruce J
May 2001 - Feb 2011Boytler Verna Frances9 Years and 9 Months
Private Individual
Purchase Details
Closed on
May 29, 2001
Sold by
Boytler Verna Frances
Bought by
Boytler Verna Frances
Sep 1996 - May 2001Boytler James M and Boytler Verna F4 Years and 8 Months
Private Individual
Purchase Details
Closed on
Sep 27, 1996
Sold by
Section 1031 Services Inc
Bought by
Boytler James M and Boytler Verna F
Jun 1996 - Sep 1996Section 1031 Services Inc3 Months
Company
Purchase Details
Closed on
Jun 13, 1996
Sold by
Natividad Wilfredo S and Natividad Yolanda C
Bought by
Section 1031 Services Inc
May 1995 - Jun 1996Natividad Wilfredo S and Natividad Yolanda C1 Year and 1 Month
Private Individual
Purchase Details
Closed on
May 8, 1995
Sold by
Stalder John E and Stalder Evelyn K
Bought by
Natividad Wilfredo S and Natividad Yolanda C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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Average Value
Not Available
List Price
Sold Price
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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
Kliegman Steven N
$671,000
Chicago Title Ncs
Boytler Bruce J
--
None Available
Boytler Verna Frances
--
--
Boytler James M
--
Fidelity National Title Co
Section 1031 Services Inc
$250,000
First American Title
Natividad Wilfredo S
$55,000
Stewart Title Company
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Natividad Wilfredo S
$161,250
Closed
Section 1031 Services Inc
$0
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
10/21/201910/21/19
Sold
$671,000
+3.2%
$167 / Sq Ft
09/07/201909/07/19
Pending
--
--
--
09/02/201909/02/19
For Sale
$650,000
--
$162 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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
2024
$9,867
$831,000
$174,300
$656,700
2023
$9,718
$843,000
$164,900
$678,100
2022
$9,767
$851,000
$140,000
$711,000
2021
$9,232
$738,000
$125,000
$613,000
2020
$9,065
$659,000
$110,000
$549,000
2018
$8,260
$571,000
$100,000
$471,000
2017
$7,923
$532,000
$100,000
$432,000
2016
$5,958
$512,000
$100,000
$412,000
2015
$5,759
$405,000
$100,000
$305,000
2014
--
$379,000
$100,000
$279,000
2013
--
$357,000
$100,000
$257,000
Source: Public Records
Map
Source: Northwest Multiple Listing Service (NWMLS)
This home is located at 1014 37th St SE, Auburn, WA 98002 since 02 September 2019 and is currently estimated at $881,624, approximately $219 per square foot. This property was built in 1996. 1014 37th St SE is a home located in King County with nearby schools including Gildo Rey Elementary School, Mt Baker Middle School, and Auburn High School.
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