NOT LISTED FOR SALE

10616 NE 7th St Vancouver, WA 98664

Marrion Neighborhood

Estimated Value: $599,000 - $711,445

-- Bed
-- Bath
3,288 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 18, 2023

Last sale price $663,000 $202 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,045/month

Highlights

  • Corner Lot
  • Baseboard Heating
  • High Speed Internet
  • Mountain View High School Rated A-
  • 3 Car Garage
  • 1-Story Property

About This Home

As of May 2023

GREAT INVESTMENT OPPORTUNITY! FULLY RENTED TRIPLEX WITH LONGTERM TENANTS. $3600/MO CURRENTLY. EA UNIT 2 BD, 1 BA KITCHEN W/ RANGE, DW, FRIDGE; EATING AND DINING AREA, FAMILY RM AND 1 CAR GARAGE. FENCED YARD W/ COMMON AREA FOR TENANTS. WELL MAINTAINED. GREAT LOCATION JUST N OF MILL PLAIN WAL-MART

Last Agent to Sell the Property

Gary Drake

John L. Scott Real Estate License #108783 Listed on: 04/14/2023

John L. Scott Real Estate

Last Buyer's Agent

Allison Stanisel

Skyline Real Estate License #23023031

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,819

Year Built

  • Built in 1968

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 3 Car Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,288 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Marrion Elementary School
  • Wy East Middle School
  • Mountain View High School

Utilities

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

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 111019080

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $9,796
  • Gross Income $43,200
  • Net Operating Income $33,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,819

Year Built

Built in 1968

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1968
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

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

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,DSL
  • Security: Unknown
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Marrion
  • High School: Mountain View
  • Middle Or Junior School: Wy East

Lot Info

  • Zoning: R-18
  • Parcel #: 111019080

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3819.09

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.39
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 33404.0
  • Annual Operating Expense: 9796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 15, 2023
Sold by
Garton Revocable Trust
Bought by
Campean-Sit Sarah
Seller's Agent
Gary Drake
John L. Scott Real Estate
Buyer's Agent
Allison Stanisel
Skyline Real Estate
List Price
$665,000
Sold Price
$663,000
Premium/Discount to List
-$2,000
-0.3%
Views
2
Current Estimated Value
$669,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,815
Avg. Annual Appreciation
-0.42%
Original Mortgage
$532,000
Outstanding Balance
$519,768
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$136,947

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 3, 2018
Sold by
Christel David W and Christel Kelly E
Bought by
Garton Wesley D and Garton Carolyn D
Seller's Agent
Brandi Ho
MAJ Commercial Real Estate
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$489,000
Sold Price
$469,500
Premium/Discount to List
-$19,500
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Jan 31, 2018
Sold by
Pin High Partners Llc
Bought by
Christel David W and Christel Kelly E

Purchase Details

Closed on
Mar 21, 2007
Sold by
Wehking George W and Wehking Diane J
Bought by
Double Eagle Management Llc
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
Campean-Sit Sarah $665,000 Fidelity National Title
Garton Wesley D $469,500 Fidelity National Title
Christel David W -- None Available
Pin Higgh Partners Llc -- None Available
Double Eagle Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campean-Sit Sarah $532,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2023 05/18/23 Sold $663,000 -0.3% $202 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $665,000 +41.6% $202 / Sq Ft
04/09/2018 04/09/18 Sold $469,500 -4.0% $174 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $489,000 -- $181 / 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 $4,754 $479,200 $170,500 $308,700
2024 $4,582 $479,200 $170,500 $308,700
2023 $4,216 $435,600 $155,000 $280,600
2022 $3,819 $435,600 $155,000 $280,600
2021 $3,674 $374,200 $132,250 $241,950
2020 $3,639 $340,200 $120,750 $219,450
2019 $3,218 $340,200 $120,750 $219,450
2018 $3,597 $324,000 $0 $0
2017 $3,277 $291,100 $0 $0
2016 $1,514 $274,600 $0 $0
2015 $3,175 $243,000 $0 $0
2014 -- $243,000 $0 $0
2013 -- $248,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gary Drake

    John L. Scott Real Estate

    (360) 253-4100

    1 in this area

    34 Total Sales

    Gary Drake
    Section Image
  • Allison Stanisel

    Buyer's Agent in 2023

    Allison Stanisel

    Skyline Real Estate

    (503) 701-8732

    1 in this area

    58 Total Sales

    Allison Stanisel
    Section Image
  • Brandi Ho

    Seller's Agent in 2018

    Brandi Ho

    MAJ Commercial Real Estate

    (360) 921-0593

    56 Total Sales

    Brandi Ho
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23403457

Regional Multiple Listing Service (RMLS)

APN: 111019-080

Washington Clark County Vancouver 98664 Marrion

10616 NE 7th St, Vancouver, WA

This home is located at 10616 NE 7th St, Vancouver, WA 98664 since 14 April 2023 and is currently estimated at $669,815, approximately $203 per square foot. This property was built in 1968. 10616 NE 7th St is a home located in Clark County with nearby schools including Marrion Elementary School, Wyeast Middle School, and Mountain View High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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