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

Sale Details

Date 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

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl

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
  • Structure Type: Multi Family
  • 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

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

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

Closed on
Mar 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,061,250
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 23, 2018
Sold by
Bought by
Seller's Agent
Chris Roewe
Woodford Commercial RE
Buyer's Agent
Chris Roewe
Woodford Commercial RE
List Price
$525,000
Sold Price
$488,000
Premium/Discount to List
-$37,000
-7.05%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 8, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 12, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.0561%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$740,000 Stewart Title Co
$488,000 Stewart Title Cowlitz County
-- None Available
$262,250 Stewart Title
-- None Available
-- Cowlitz County Title Company
$337,073 Cowlitz County Title Company
-- Cowlitz County Title Company
$280,500 Cowlitz County Title
-- Cowlitz County 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 $1,061,250
Previous Owner $290,000
Previous Owner $213,087
Previous Owner $210,000
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
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

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 $6,276 $768,960 $108,120 $660,840
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

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1315950

Northwest Multiple Listing Service (NWMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.