NOT LISTED FOR SALE

122 W Main St Auburn, WA 98001

Downtown Auburn Neighborhood

Estimated Value: $184,481 - $267,000

1 Bed
1 Bath
13,312 Sq Ft
$18/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $1,670,000 $125 Per Sq Ft

Current estimated payment $1,469/month

373 Days on Market

About This Home

As of June 2013

20% Cash-on-cash return. See attached financials for more detailed info. Bank owned, mixed-use property consisting of 18 completely remodeled apartment units above 5362 square feet of ground floor retail. Seller will provide financing subject to credit approval and guarantee any vacant commercial space rent for 2-3 years. Call listing agent for more details.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $40,069

Year Built

  • Built in 1923

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 13,312 Sq Ft Home
  • 3-Story Property

Community Details

  • Downtown Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6391650010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$40,069

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1923
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 13312
  • Special Features: None
  • Cumulative Days on Market: 651

Interior Features

  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 13292

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 6391650010
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 21272

Multi Family

  • Gross Scheduled Income: 255258
  • Net Operating Income: 137670
  • Number Of Units Total: 3
  • Insurance Expense: 7200
  • Leasable Area: 13312
  • UnitsInBuildingTotal: 20
  • UnitsBelowGrade: false
  • VacancyRate: 8

Tax Info

  • Year: 2012
  • Tax Annual Amount: 40069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2008
Sold by
Rock Equities Llc
Bought by
Mhoon Darren S
Total Days on Market
373
Current Estimated Value
$234,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.07%
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
Mhoon Darren S $139,000 Northpoint Esc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mhoon Darren S $104,297
Closed Mhoon Darren S $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $1,670,000 -10.9% $125 / Sq Ft
05/02/2013 05/02/13 Pending -- -- --
04/23/2012 04/23/12 For Sale $1,875,000 -- $141 / 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 $1,862 $147,000 $7,400 $139,600
2023 $2,027 $157,000 $6,900 $150,100
2022 $1,505 $116,000 $5,900 $110,100
2021 $1,358 $106,000 $4,900 $101,100
2020 $1,312 $90,000 $4,900 $85,100
2018 $1,068 $84,000 $4,900 $79,100
2017 $865 $61,000 $4,900 $56,100
2016 $677 $48,000 $4,900 $43,100
2015 $689 $38,000 $4,900 $33,100
2014 -- $38,000 $4,900 $33,100
2013 -- $41,000 $4,900 $36,100
Source: Public Records

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 347288

Northwest Multiple Listing Service (NWMLS)

APN: 639165-0100

Washington King County Auburn 98001 Downtown Auburn

122 W Main St, Auburn, WA

This home is located at 122 W Main St, Auburn, WA 98001 since 23 April 2012 and is currently estimated at $234,120, approximately $17 per square foot. This property was built in 1923. 122 W Main St is a home located in King County with nearby schools including Washington Elementary School, Cascade Middle School, and Auburn High School.

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.

Northwest Multiple Listing Service (NWMLS) 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. ©2025 NWMLS.

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