M
Seller's Agent in 2021
Mathew Jeon
Pellego, Inc.
(206) 331-5998
1 in this area
12 Total Sales
1201 Auburn Way S Auburn, WA 98002
South Auburn NeighborhoodEstimated Value: $592,000
--
Bed
6
Baths
8,932
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Corner Lot
- Wood Siding
- 5-minute walk to Les Gove Park
- Concrete Flooring
About This Home
As of July 2021Great re-development opportunity for mixed use building in Auburn. All permit is ready to submit. All drawings might be transferred to the buyer. "Property is sold as it is." Buyer to verify all information. Financial information is "Pro-Forma" after completion of the construction. Estimate of replacement cost will be $1.25 Million. Six(6) Residential units with all 2 beds and 1 bath. Plus Three(3) Commercial retail units. Please stop by and check the property. Inspection upon Mutual acceptance.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: NWM1746525
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,350
Year Built
- Built in 1946
Lot Details
- 0.44
Home Design
- Flat Roof Shape
- Poured Concrete
- Shake Roof
- Wood Siding
Flooring
- Wall to Wall Carpet
- Concrete
- Vinyl
Additional Features
- 2-Story Property
- Corner Lot
Community Details
- 9 Units
- Auburn Community
Listing and Financial Details
- Assessor Parcel Number 3920900005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2021
Closed on
Jun 16, 2021
Sold by
E & C Family Investments Llc
Bought by
1201 Auburn Way South Llc
Seller's Agent
Mathew Jeon
Pellego, Inc.
Buyer's Agent
Kekoa Lwin
eXp Realty
List Price
$1,088,000
Sold Price
$900,000
Premium/Discount to List
-$188,000
-17.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$308,000
Avg. Annual Appreciation
-13.43%
Original Mortgage
$953,500
Outstanding Balance
$867,027
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$373,027
Purchase Details
Listed on
Dec 13, 2015
Closed on
Mar 11, 2016
Sold by
Khairzad Ahmed Farzan
Bought by
E & C Family Investments Llc
Seller's Agent
Henry Wong
Best Choice Network LLC
Buyer's Agent
Bob Kim
Skyline Properties, Inc.
List Price
$792,000
Sold Price
$792,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.44%
Purchase Details
Closed on
Nov 10, 2014
Sold by
Khairzad Ahmed Farzan
Bought by
Khairzad Ahmed Farzan and Khairzad Family Living Trust
Purchase Details
Closed on
Sep 8, 2005
Sold by
Benson Anthony C
Bought by
Khairzad Ahmed Farzan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.76%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1201 Auburn Way South Llc | $900,000 | First American Title | |
| E & C Family Investments Llc | $791,200 | Chicago Title | |
| Khairzad Ahmed Farzan | -- | None Available | |
| Khairzad Ahmed Farzan | $870,000 | Chicago Title | |
| Khairzad Ahmed Farzan | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1201 Auburn Way South Llc | $953,500 | |
| Previous Owner | Khairzad Ahmed Farzan | $675,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2021 07/08/21 | Sold | $900,000 | -17.3% | $101 / Sq Ft | |
| 04/05/2021 04/05/21 | Pending | -- | -- | -- | |
| 03/22/2021 03/22/21 | For Sale | $1,088,000 | +37.4% | $122 / Sq Ft | |
| 03/23/2016 03/23/16 | Sold | $792,000 | 0.0% | $89 / Sq Ft | View Prior Sale |
| 02/04/2016 02/04/16 | Pending | -- | -- | -- | |
| 12/16/2015 12/16/15 | For Sale | $792,000 | -- | $89 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,350 | $475,500 | $475,500 | -- |
| 2023 | $11,710 | $418,500 | $418,500 | $0 |
| 2022 | $6,600 | $887,100 | $380,400 | $506,700 |
| 2021 | $15,773 | $381,400 | $380,400 | $1,000 |
| 2020 | $15,288 | $1,052,900 | $190,200 | $862,700 |
| 2018 | $15,267 | $968,300 | $152,100 | $816,200 |
| 2017 | $13,607 | $905,900 | $133,100 | $772,800 |
| 2016 | $12,170 | $803,800 | $133,100 | $670,700 |
| 2015 | $12,454 | $759,200 | $133,100 | $626,100 |
| 2014 | -- | $759,200 | $133,100 | $626,100 |
| 2013 | -- | $746,700 | $133,100 | $613,600 |
Source: Public Records
Agents Affiliated with this Home
-
Mathew Jeon
-
Kekoa Lwin
Buyer's Agent in 2021
Kekoa Lwin
eXp Realty
(808) 478-6453
1 in this area
97 Total Sales
-
Henry Wong
Seller's Agent in 2016
Henry Wong
Best Choice Realty Brokerage
(206) 778-6688
3 Total Sales
-
Bob Kim
Buyer's Agent in 2016
Bob Kim
Skyline Properties, Inc
(253) 670-0131
7 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: NWM1746525
APN: 392090-0005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID
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