Listed by Rodman Realty, Inc, Bought with Matt Peters Real Estate
NOT LISTED FOR SALE
-- Beds
-- Baths
-- Sq Ft
5,998 Sq Ft Lot

Sale Details

Date Sold: March 17, 2023

Last sale price $590,000

27 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of March 2023

Attention investors! 5-plex in Longview. Fully rented. Current CAP rate of 5.2%. Projected CAP rate of 7.3% if rents are increased to market. 4 - 2 bedroom, 1 bath units, and 1 - 3 bedroom, 1 bath unit. 5 covered parking spots. Laundry on site. Contact today for addition information!

Last Agent to Sell the Property

Bailey Merkley

Rodman Realty, Inc License #138230 Listed on: 12/17/2022

Last Buyer's Agent

Matt Peters

Matt Peters Real Estate License #26795

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2023023

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,079

Year Built

  • Built in 1972

Lot Details

  • 5,998

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Additional Features

  • 2-Story Property
  • 5,998 Sq Ft Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Longview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0-8657

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,079

Year Built

Built in 1972

Lot Details

5,998 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1972
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Longview

Lot Info

  • Parcel Number: 0-8657
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 5998
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12.78
  • LeasedItems: None
  • TotalMonthlyIncome: 4240

Tax Info

  • Year: 2022
  • Tax Annual Amount: 4078.82

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 474.36
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Mar 17, 2023
Sold by
Claudia Lea Mack Testamentary Exemption
Bought by
Seller's Agent
Bailey Merkley
Rodman Realty, Inc
Buyer's Agent
Matt Peters
Matt Peters Real Estate
List Price
$665,000
Sold Price
$590,000
Premium/Discount to List
-$75,000
-11.28%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Outstanding Balance
$423,879
Interest Rate
6.09%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$590,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $442,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $590,000 -11.3% --
01/13/2023 01/13/23 Pending -- -- --
12/17/2022 12/17/22 For Sale $665,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,489 $527,720 $68,400 $459,320
2024 $4,489 $518,710 $68,400 $450,310
2023 $4,062 $497,270 $68,400 $428,870
2022 $4,079 $458,280 $68,400 $389,880
2021 $3,774 $410,400 $68,400 $342,000
2020 $3,808 $342,000 $68,400 $273,600
2019 $2,955 $362,288 $54,890 $307,398
2018 $3,596 $274,460 $54,890 $219,570
2017 $2,830 $274,460 $54,890 $219,570
2016 $2,768 $219,560 $43,910 $175,650
2015 $3,004 $219,560 $43,910 $175,650
2013 -- $219,560 $43,910 $175,650
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2023023

Northwest Multiple Listing Service (NWMLS)
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