Listed by Windermere Real Estate/PSR Inc, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $719,011 - $860,000

6 Beds
6 Baths
2,732 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 13, 2013

Last sale price $350,000 $128 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,878/month

197 Days on Market

Highlights

  • Patio
  • Property is in very good condition
  • Wall to Wall Carpet

About This Home

As of December 2013

The best small multi family investment property available. Newer building built for low maintenance. Very good condition. Tenants pay their own utility expenses. Easy to rent townhouse style homes with 3 bedrooms, 2.5 baths and an attached garage for each unit. Take advantage of increasing rents and real estate values with this easy to own investment property.

Last Agent to Sell the Property

Mike Elliott

Windermere Real Estate/PSR Inc License #5445 Listed on: 05/07/2013

Windermere Real Estate/PSR Inc

Co-Listed By

Jennifer Clukey

Windermere Real Estate/PSR Inc License #74076

Last Buyer's Agent

Jack Chang

Coldwell Banker Bain License #25029

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 483825

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,459

Year Built

  • Built in 2009

Lot Details

  • 7,200 Sq Ft Lot
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 2,732 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Downtown Auburn Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / SPL06-0006
  • Assessor Parcel Number 2149800276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,459

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2009
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 2732
  • Special Features: None
  • Cumulative Days on Market: 547

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

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: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2149800276
  • Lot Size Acres: 0.1653
  • Lot Size Sq Ft: 7200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • ZoningClass: Residential
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2390

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3459

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 2732
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2013
Closed on
Dec 10, 2013
Sold by
Cox & Woodward Llc
Bought by
Sommer Matthew and Sommer Sheo May
Seller's Agent
Mike Elliott
Windermere Real Estate/PSR Inc
Buyer's Agent
Jack Chang
Coldwell Banker Bain
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Current Estimated Value
$775,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,253
Avg. Annual Appreciation
6.93%
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
Sommer Matthew $350,000 Cw Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommer Matthew $374,500
Previous Owner Cox & Woodward Llc $328,000
Previous Owner Cox & Woodward Llc $342,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2013 12/13/13 Sold $350,000 -4.1% $128 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $365,000 -- $134 / 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 $7,852 $656,000 $132,000 $524,000
2023 $6,980 $577,000 $106,000 $471,000
2022 $6,444 $603,000 $115,000 $488,000
2021 $6,200 $479,000 $92,000 $387,000
2020 $5,641 $436,000 $86,000 $350,000
2018 $6,793 $476,000 $82,000 $394,000
2017 $6,124 $435,000 $75,000 $360,000
2016 $5,371 $392,000 $72,000 $320,000
2015 $5,296 $365,000 $67,000 $298,000
2014 -- $349,000 $63,000 $286,000
2013 -- $267,000 $58,000 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 483825

Northwest Multiple Listing Service (NWMLS)

APN: 214980-0276