NOT LISTED FOR SALE
12 Beds
6 Baths
5,600 Sq Ft
5,750 Sq Ft Lot

Last Sold August 27, 2018

Last sale price $488,000 $87 Per Sq Ft

15 Days on Market

About This Home

As of August 2018

Great value in this well established 7 unit apartment building spread over three levels. This complex is made up of 6 two bedroom/one bath units and 1 one bedroom/one bath unit. A majority of these units have been up-dated over the past years and are professionally managed. Offered at a 6.22% cap rate on actuals and has a proforma cap rate of 7.86%. Perfect starter investment or add to your existing portfolio. Call today for more details.

Last Agent to Sell the Property

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 06/21/2018

Last Buyer's Agent

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 06/21/2018

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1315950

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1968

Lot Details

  • 5,750

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Additional Features

  • 3-Story Property
  • 5,750 Sq Ft Lot

Community Details

  • Longview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0869601

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,165

Year Built

Built in 1968

Lot Details

5,750 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1968
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • SOCComments: Must show to receive.
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Alley, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Longview
  • WaterCompany: City of Longview

Schools

  • Junior High Dist: Longview

Lot Info

  • Parcel Number: 0869601
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 59435

Tax Info

  • Year: 2018
  • Tax Annual Amount: 4165

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1116
  • UnitsBelowGrade: true
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2018 08/27/18 Sold $488,000 -7.0% $87 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $525,000 -- $94 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $6,276 $725,730 $108,120 $617,610
2023 $6,425 $725,730 $108,120 $617,610
2022 $6,185 $725,730 $108,120 $617,610
2021 $5,961 $622,800 $108,120 $514,680
2020 $4,304 $540,620 $108,120 $432,500
2019 $3,423 $409,557 $63,600 $345,957
2018 $4,165 $317,980 $63,600 $254,380
2017 $3,562 $317,980 $63,600 $254,380
2016 $3,485 $276,500 $55,300 $221,200
2015 $3,782 $276,500 $55,300 $221,200
2013 -- $276,500 $55,300 $221,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1315950

Northwest Multiple Listing Service (NWMLS)
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