NOT LISTED FOR SALE

Estimated Value: $431,000 - $442,000

15 Beds
15 Baths
1,624 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $1,500,000 $924 Per Sq Ft

Current estimated payment $2,714/month

91 Days on Market

Highlights

  • Wood Flooring
  • Garage
  • Level Lot

About This Home

As of March 2019

Turn-key, fully leased up investment opportunity for 5 detached / single family homes in excellent East Vancouver location. 5 tax lots provide long-term flexibility.Quality finishes include stainless appliances, granite slab, tile backsplash and engineered hardwood flooring on main level. Large master with vaulted ceilings, bath w/ slab granite, tile floors and shower & walk-in closet. Photos are from previous model of same floor plan.

Last Agent to Sell the Property

Patrick Ginn

Ginn Group License #24353 Listed on: 11/19/2018

Co-Listed By

John Blom

Windermere Northwest Living License #25455

Last Buyer's Agent

Lauren Churchwell

Works Real Estate License #116189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,929

Year Built

  • Built in 2016

Lot Details

  • 2,134

Parking

  • Garage

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 5 Units
  • Property managed by Ginn Property Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,929

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1624
  • Stories: 2
  • Year Built: 2016
  • Property Condition: Existing
  • Remarks Public: Turn-key, fully leased up investment opportunity for 5 detached / single family homes in excellent East Vancouver location. 5 tax lots provide long-term flexibility.Quality finishes include stainless appliances, granite slab, tile backsplash and engineered hardwood flooring on main level. Large master with vaulted ceilings, bath w/ slab granite, tile floors and shower & walk-in closet. Photos are from previous model of same floor plan.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WOODRIDGE II LOT 16, Lot 17, Lot 18, Lot 19, Lot 20
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Ginn Property Management
  • Unit Features: Hardwood Floors, Microwave, Range, Air Conditioning

Schools

  • Elementary School: Fircrest
  • Middle School: Cascade
  • High School: Evergreen

Lot Info

  • Lot Description: Level
  • Zoning: R22

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 15185.30
  • Assessor Parcel Number: 986035466
  • Assessor Parcel Number 2: 986035465
  • Assessor Parcel Number 3: 986035464
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.71

MLS Schools

  • Elementary School: Fircrest
  • High School: Evergreen
  • Middle School: Cascade

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Mint Homes Llc
Bought by
Trieu Tai and Ranola Herma
Current Estimated Value
$432,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Outstanding Balance
$285,638
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$150,132

Purchase Details

Closed on
Jul 30, 2019
Sold by
Ranola Herma B and Trieu Tai H
Bought by
Mint Homes Llc

Purchase Details

Listed on
Nov 19, 2018
Closed on
Mar 20, 2019
Sold by
Kfass Holdings Llc
Bought by
Ranola Herma B and Trieu Tai H
Seller's Agent
Patrick Ginn
Ginn Group
Buyer's Agent
Lauren Churchwell
Works Real Estate
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.59%
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2016
Sold by
Fassilis Konstantinos
Bought by
Kfass Holdings Llc

Purchase Details

Closed on
Feb 16, 2016
Sold by
Woodridge Ii Jv Llc
Bought by
Fassilis Konstantinos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,141
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Trieu Tai -- Fidelity National Title
Mint Homes Llc -- None Available
Ranola Herma B $300,000 Fidelity Natl Ttl Vancouver
Kfass Holdings Llc -- Fidelity National Title
Fassilis Konstantinos $205,917 Fidelity Title Dt Vancouver
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trieu Tai $307,500
Previous Owner Ranola Herma B $240,000
Previous Owner Fassilis Konstantinos $144,141
Previous Owner Woodridge Ii Jv Llc $3,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $1,500,000 0.0% $924 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
11/19/2018 11/19/18 For Sale $1,500,000 -- $924 / 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 $3,929 $408,172 $122,650 $285,522
2024 $3,894 $395,854 $122,650 $273,204
2023 $3,841 $407,073 $121,700 $285,373
2022 $3,466 $396,712 $124,420 $272,292
2021 $3,271 $339,564 $104,500 $235,064
2020 $3,085 $302,797 $92,500 $210,297
2019 $2,875 $288,343 $91,000 $197,343
2018 $3,037 $289,433 $0 $0
2017 $2,772 $245,739 $0 $0
2016 $774 $232,251 $0 $0
2015 -- $61,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18488883

Regional Multiple Listing Service (RMLS)

APN: 986035-466