NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,093,000

6 Beds
9 Baths
3,760 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $945,000 $251 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,495/month

6 Days on Market

Highlights

  • Property is in very good condition
  • Wall to Wall Carpet
  • 4-minute walk to Frank Fulmer Park

About This Home

As of July 2021

Excellent investment opportunity!!! Built in 2004 - this townhome style triplex is sharp & clean! All units are rented out and current on their rents! Each unit offers 2 bedrooms, 2.5 bathrooms, gas fireplace, individual 2-car extra deep garage and washer & dryer in the garage of each unit! Features include: Hardie Plank siding & vinyl windows. Each unit is separately metered, the tenants pay all utilities including water, sewer, garbage, electric & gas.

Last Agent to Sell the Property

Tracy Thesenvitz

Coldwell Banker Danforth License #8913 Listed on: 05/25/2021

Coldwell Banker Danforth

Last Buyer's Agent

Jeff Siddiqui

Madison Partners Real Estate License #7962

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1780962

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 2004

Lot Details

  • 0.31 Acre Lot
  • Property is in very good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,760 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 12 Parking Spaces
  • 6 Covered Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2648000137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,587

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2004
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3760
  • Special Features: None
  • Cumulative Days on Market: 306

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 6
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Cable Connected, Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2648000137
  • Lot Size Acres: 0.3122
  • Lot Size Sq Ft: 13601
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 5185

Multi Family

  • Gross Scheduled Income: 62220
  • Net Operating Income: 54187
  • Number Of Units Total: 3
  • Insurance Expense: 1446
  • Leasable Area: 3760
  • EnergySource: Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6587

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 30, 2021
Sold by
Coddington Keneth J
Bought by
Ashraf Samia and Davidson Lewis
Seller's Agent
Tracy Thesenvitz
Coldwell Banker Danforth
Buyer's Agent
Jeff Siddiqui
Madison Partners Real Estate
List Price
$750,000
Sold Price
$945,000
Premium/Discount to List
$195,000
26%
Total Days on Market
6
Current Estimated Value
$1,009,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,037
Avg. Annual Appreciation
1.48%
Original Mortgage
$693,000
Outstanding Balance
$635,565
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$366,301

Purchase Details

Closed on
Jun 14, 2016
Sold by
Bouska Coddington Jennie K
Bought by
Coddington Keneth J

Purchase Details

Closed on
Dec 3, 2002
Sold by
Valley Properties Investment Group Inc
Bought by
Coddington Keneth J and Bouska Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ashraf Samia $945,000 Fidelity National Title
Coddington Keneth J -- None Available
Coddington Keneth J $70,000 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashraf Samia $693,000
Previous Owner Coddington Keneth J $325,500
Previous Owner Coddington Keneth J $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2021 07/06/21 Sold $945,000 +26.0% $251 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $750,000 -- $199 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $10,750 $903,000 $146,000 $757,000
2023 $8,145 $670,000 $117,000 $553,000
2022 $7,515 $700,000 $127,000 $573,000
2021 $7,228 $556,000 $102,000 $454,000
2020 $6,587 $506,000 $95,000 $411,000
2018 $8,000 $558,000 $87,000 $471,000
2017 $7,204 $510,000 $80,000 $430,000
2016 $6,316 $459,000 $77,000 $382,000
2015 $6,223 $427,000 $71,000 $356,000
2014 -- $408,000 $67,000 $341,000
2013 -- $312,000 $61,000 $251,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1780962

Northwest Multiple Listing Service (NWMLS)

APN: 264800-0137