$650,000
SOLD JUN 17, 2019
8 Beds
4 Baths
3,584 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

8% Above List Price

8 Days on Market

Highlights

  • Deck
  • Wood Siding
  • 1-Story Property
  • Property is near a bus stop

About This Home

As of May 2020

Early 90's 4 plex in popular Lincoln area. Most are under rented, ranging from $875-$1050. access from two different streets with ample parking. 10,000 SF 2 lot parking area may afford further development opportunities!

Last Agent to Sell the Property

Michael McCafferty

Keller Williams Realty License #49817 Listed on: 05/13/2019

Keller Williams Realty

Last Buyer's Agent

Thomas Eilers

Berkshire Hathaway HomeServices NW Real Estate License #9211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,308

Year Built

  • Built in 1991

Parking

  • Assigned Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Deck
  • Property is near a bus stop
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,308

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3584
  • Stories: 1
  • Year Built: 1991
  • Property Condition: Existing
  • Remarks Public: Early 90's 4 plex in popular Lincoln area. Most are under rented, ranging from $875-$1050. access from two different streets with ample parking. 10,000 SF 2 lot parking area may afford further development opportunities!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WESTONS ADDN #1 LOTS 5 & 6 BLK 2 EXCEPT N 15 FT MF 619344

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Roof Type: Built-Up

Garage/Parking

  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Deck, Dishwasher, Range, Washer/Dryer Hookup

Lot Info

  • Lot Description: On Busline
  • Zoning: R-9

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4228.69
  • Assessor Parcel Number: 001290000
  • Assessor Parcel Number 2: 001280000
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
May 6, 2020
Sold by
Borquez Steven H
Bought by
Horjus Daniel M and Horjus Avis E
Seller's Agent
Thomas Eilers
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Jeffrey Sarault
Keller Williams Realty
List Price
$695,000
Sold Price
$657,269
Premium/Discount to List
-$37,731
-5.43%
Current Estimated Value
$844,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,731
Avg. Annual Appreciation
4.59%
Original Mortgage
$427,269
Outstanding Balance
$384,046
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$450,954

Purchase Details

Listed on
May 13, 2019
Closed on
Jun 11, 2019
Sold by
Robert H Bedrossian Decedents Trust
Bought by
Borquez Steven H
Seller's Agent
Michael McCafferty
Keller Williams Realty
Buyer's Agent
Thomas Eilers
Berkshire Hathaway HomeServices NW Real Estate
List Price
$600,000
Sold Price
$650,000
Premium/Discount to List
$50,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Aug 2, 2013
Sold by
Riverview Asset Management & Trust Co
Bought by
Riverview Asset Management & Trust Co and Robert H Bedrossian Decedents Trust

Purchase Details

Closed on
Mar 28, 2005
Sold by
Bedrossian Robert H and Bedrossian Carolyn
Bought by
Bedrossian Robert H and Riverview Asset Management & Trust Co
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $657,269 Wfg National Title Co
Bargain Sale Deed $650,000 Chicago Title Vancouver
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,269 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $657,269 -4.7% $183 / Sq Ft
03/30/2020 03/30/20 Pending -- -- --
03/25/2020 03/25/20 Price Changed $689,950 -0.7% $193 / Sq Ft
03/20/2020 03/20/20 For Sale $695,000 +6.9% $194 / Sq Ft
06/17/2019 06/17/19 Sold $650,000 +8.3% $181 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $600,000 -- $167 / 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 $7,308 $748,800 $170,000 $578,800
2024 $6,997 $748,800 $170,000 $578,800
2023 $5,345 $748,800 $170,000 $578,800
2022 $4,989 $573,900 $152,145 $421,755
2021 $5,041 $499,000 $132,300 $366,700
2020 $4,865 $475,200 $126,000 $349,200
2019 $4,229 $475,200 $126,000 $349,200
2018 $4,716 $427,800 $0 $0
2017 $4,035 $396,100 $0 $0
2016 $3,946 $353,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19603889

Regional Multiple Listing Service (RMLS)

APN: 001290-000