NOT LISTED FOR SALE

Estimated Value: $531,000 - $785,792

8 Beds
4 Baths
3,240 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 29, 2015

Last sale price $341,000 $105 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,998/month

14 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Washer and Dryer
  • Mountain View High School Rated A-
  • Cul-De-Sac
  • Level Lot

About This Home

As of May 2015

Rare investment opportunity! 4 units located just SW of Mill Plain & I-205 in the East Heights neighborhood. Location is PRIME! New exterior paint and windows were installed in 2014 & the septic system has been updated during ownership as well. Currently all units are rented month-to-month. Past rental history shows little to no vacancy. Please do not disturb the tenants.

Last Agent to Sell the Property

Heather DeFord

Cascade Hasson Sotheby's International Realty License #77558 Listed on: 04/01/2015

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Fiona Fu

Mal & Seitz License #50491

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,911

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Flag Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Range
  • Washer and Dryer

Parking

  • Carport
  • Paved Parking

Additional Features

  • Deck
  • Electric Water Heater

Community Details

  • 4 Units
  • Property managed by Lynn Barela

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,911

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3240
  • Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: EAST HEIGHTS LOT 11

Exterior Features

  • Neighborhood Features: Nearby Public Park
  • Amenities Remarks: Located in the heart of Vancouver with easy access to I-205, PDX Airport, Wal-Mart Supercenter, Fred Meyer, Starbucks, Shorty's Garden & Home, Cinetopia, Peacehealth SW Washington Medical Center & walking & biking trails nearby.
  • Exterior Description: Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Public
  • Heating Description: Wall Furnace

Association/Amenities

  • Bike Path: Within 1 Mile
  • Multi Use Path: Within 1 Mile

Condo/Co-op/Association

  • Management Name: Lynn Barela
  • Unit Features: Deck, Hardwood Floors, Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Schools

  • Distance to SchoolBus: Within 1/4 Mile
  • Elementary School: Ellsworth
  • Middle School: Wy East
  • High School: Mountain View

Lot Info

  • Lot Description: Cul-de-sac, Level, Flag Lot
  • Zoning: CC

Tax Info

  • Tax Amount: 3953.95
  • Assessor Parcel Number: 110291240

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 8.46

MLS Schools

  • Elementary School: Ellsworth
  • High School: Mountain View
  • Middle School: Wy East

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2014
Sold by
Houston Richard C and Houston Anita L
Bought by
Barela Lynn
Current Estimated Value
$647,948

Purchase Details

Closed on
Oct 18, 2002
Sold by
Britton Jim L and Britton Terrie E
Bought by
Houston Richard C and Houston Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5.99%

Purchase Details

Closed on
May 19, 1998
Sold by
Britton Jim L and Britton Terrie E
Bought by
Britton Jim L and Britton Terrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,400
Interest Rate
7.13%

Purchase Details

Closed on
May 13, 1996
Sold by
Cassidy William A and Cassidy Mary L
Bought by
Britton Jim L and Britton Terrie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.8%

Purchase Details

Closed on
May 8, 1996
Sold by
Nichols John F and Nichols Virginia A
Bought by
Cassidy William A and Cassidy Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.8%

Purchase Details

Closed on
Jul 18, 1979
Sold by
Kenaston David W
Bought by
Cassidy William A and Cassidy Mary L
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
Barela Lynn -- None Available
Houston Richard C $230,000 Chicago Title Insurance
Britton Jim L -- First American Title Ins Co
Britton Jim L $195,000 Charter Title Corp
Cassidy William A -- Charter Title Corp
Cassidy William A -- Charter Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Bin $224,500
Closed Houston Richard C $223,500
Closed Houston Richard C $228,000
Closed Houston Richard C $210,000
Closed Houston Richard C $184,000
Previous Owner Britton Jim L $162,400
Previous Owner Britton Jim L $156,000
Closed Houston Richard C $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $341,000 +5.0% $105 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $324,900 -- $100 / 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 $6,911 $697,000 $178,750 $518,250
2024 $6,677 $697,000 $178,750 $518,250
2023 $6,144 $633,600 $162,500 $471,100
2022 $4,583 $633,600 $162,500 $471,100
2021 $4,408 $447,700 $140,875 $306,825
2020 $4,366 $406,980 $128,625 $278,355
2019 $3,862 $406,980 $128,625 $278,355
2018 $4,163 $387,600 $0 $0
2017 $3,071 $336,000 $0 $0
2016 $3,781 $256,300 $0 $0
2015 $3,954 $302,400 $0 $0
2014 -- $302,400 $0 $0
2013 -- $299,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15297508

Regional Multiple Listing Service (RMLS)

APN: 110291-240