NOT LISTED FOR SALE

Estimated Value: $392,000 - $452,000

6 Beds
6 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold May 11, 2018

Last sale price $1,128,000

Current estimated payment $2,582/month

Highlights

  • Air Conditioning
  • Garage
  • Lap Siding
  • Guest Parking
  • Washer and Dryer

About This Home

As of May 2018

4 plex in Orchards, brand new, all appliances included. Rents from $1825/$1750 for 3 bedrooms, 2 1/2 bath townhome. 1 and 2 car garage plans depending upon unit. Quality finishes throughout. Location has great access to I-205 and shopping. 100% Leased.

Last Agent to Sell the Property

Patrick Ginn

Ginn Group License #24353 Listed on: 05/11/2018

Last Buyer's Agent

Patrick Ginn

Ginn Group License #24353 Listed on: 05/11/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 2018

Lot Details

  • 5,227

Home Design

  • Lap Siding
  • Cement Siding

Parking

  • Garage
  • Guest Parking

Utilities

  • Air Conditioning
  • Electric Water Heater

Additional Features

  • Microwave
  • Washer and Dryer
  • Crawl Space

Community Details

  • 4 Units
  • Property managed by Ginn Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,407

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 2018
  • Remarks Public: 4 plex in Orchards, brand new, all appliances included. Rents from $1825/$1750 for 3 bedrooms, 2 1/2 bath townhome. 1 and 2 car garage plans depending upon unit. Quality finishes throughout. Location has great access to I-205 and shopping. 100% Leased.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ORCHARDS ROWHOMES LOTS 13,14,15,16 311900
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Guest, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%

Condo/Co-op/Association

  • Management Name: Ginn Property Management
  • Unit Features: Microwave, Refrigerator, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Orchards
  • Middle School: Covington
  • High School: Heritage

Lot Info

  • Zoning: R-18

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 12000.00
  • Assessor Parcel Number: 986042673
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.43

MLS Schools

  • Elementary School: Orchards
  • High School: Heritage
  • Middle School: Covington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2018
Sold by
Orchards Rentals Llc
Bought by
Fkr Properties Llc
Current Estimated Value
$421,647

Purchase Details

Listed on
May 11, 2018
Closed on
May 30, 2018
Sold by
Ginn Patricia
Bought by
Orchards Rentals Llc
Seller's Agent
Patrick Ginn
Ginn Group
Buyer's Agent
Patrick Ginn
Ginn Group
List Price
$1,128,000
Sold Price
$1,128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.11%
Original Mortgage
$6,500,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 28, 2018
Sold by
Ginn Jessica
Bought by
Ginn Patrick
Source: Public Records

Range of Values:

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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
Fkr Properties Llc $9,525,000 Fidelity Natl Title Vancouve
Orchards Rentals Llc -- Chicago Title Vancouver
Ginn Patrick -- Fidelity National Title Vanc
Ginn Patrick -- Fidelity National Title Vanc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orchards Rentals Llc $6,500,000
Previous Owner Orchards Rentals Llc $1,848,654
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2018 05/11/18 Sold $1,128,000 0.0% --
05/11/2018 05/11/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $1,128,000 -- --
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 $3,407 $352,047 $138,600 $213,447
2024 $3,050 $331,118 $138,600 $192,518
2023 $3,370 $311,191 $138,600 $172,591
2022 $2,986 $339,714 $138,600 $201,114
2021 $3,010 $279,790 $117,600 $162,190
2020 $2,968 $265,633 $105,000 $160,633
2019 $2,504 $263,106 $99,900 $163,206
2018 $2,546 $238,796 $0 $0
2017 $0 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18100278

Regional Multiple Listing Service (RMLS)

APN: 986042-673