NOT LISTED FOR SALE

Estimated Value: $806,000 - $975,000

-- Bed
-- Bath
5,034 Sq Ft
$181/Sq Ft Est. Value

Last Sold February 21, 2024

Last sale price $910,000 $181 Per Sq Ft

Current estimated payment $5,514/month

32 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 1-Story Property
  • Mountain View High School Rated A-
  • Wood Siding

About This Home

As of February 2024

Owner/User 4 PLEX opportunity on a strong performing property in NE Vancouver. Take advantage of putting only 5% down and occupy the 3 bed / 1 bath corner unit with a large backyard. Let the tenants pay your mortgage!The property is located in NE Vancouver, near I-205 with numerous amenities very close by, including grocery shopping and restaurants. The neighborhood and many of the surrounding assets have gone through or are under significant renovation and stabilization, further adding value and quality of life to the area.The 4 plex includes two 3 bed units and two 2 bed units, each with their own washer/dryer, garages and private backyards. There is one vacancy available for touring. Please contact broker for details. BOM at no fault of seller, buyer got cold feet.

Last Agent to Sell the Property

Jordan Fezler

Apex Residential License #201225534 Listed on: 12/04/2023

Last Buyer's Agent

Ashley Christianson

Brantley Christianson Real Estate License #119650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,034 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 8 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 110291408

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $18,375
  • Gross Income $77,047
  • Net Operating Income $58,672

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,820

Year Built

Built in 1968 | Remodeled

Lot Details

0

Listing Details

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

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Shingle

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-18
  • Parcel #: 110291408

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5820.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.62
  • Annual Gross Income: 77047.0
  • Property Net Operating Income: 58672.0
  • Annual Operating Expense: 18375.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Feb 15, 2024
Sold by
Oci Washington Llc
Bought by
Rebollar Emmanuel
Seller's Agent
Jordan Fezler
Apex Residential
Buyer's Agent
Ashley Christianson
Brantley Christianson Real Estate
List Price
$895,000
Sold Price
$910,000
Premium/Discount to List
$15,000
1.68%
Views
32
Current Estimated Value
$911,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,650
Avg. Annual Appreciation
3.07%
Original Mortgage
$869,250
Outstanding Balance
$858,109
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$94,142

Purchase Details

Closed on
Jul 10, 2023
Sold by
Heights Villa Apartment Corpor
Bought by
Oci Washington Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2021
Sold by
Kunke Iii Llc
Bought by
Honey Rock Inc
Source: Public Records

Range of Values:

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Average Value
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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
Rebollar Emmanuel $915,000 Chicago Title
Oci Washington Llc $550,000 Fidelity National Title
Honey Rock Inc $82,888 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebollar Emmanuel $869,250
Previous Owner Oci Washington Llc $2,000,000
Previous Owner Heights Villa Apartments Corps $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $910,000 +1.7% $181 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $895,000 0.0% $178 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $895,000 -- $178 / 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 $6,559 $660,000 $185,563 $474,437
2024 $6,324 $660,000 $185,563 $474,437
2023 $5,819 $600,000 $168,694 $431,306
2022 $5,394 $600,000 $168,694 $431,306
2021 $5,188 $527,300 $146,364 $380,936
2020 $5,139 $479,325 $133,637 $345,688
2019 $4,546 $479,325 $133,637 $345,688
2018 $5,125 $456,500 $0 $0
2017 $4,670 $413,900 $0 $0
2016 $4,318 $390,500 $0 $0
2015 $4,516 $345,600 $0 $0
2014 -- $345,600 $0 $0
2013 -- $84,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23312947

Regional Multiple Listing Service (RMLS)

APN: 110291-408