Listed by Windermere Real Estate/PSR Inc, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $720,201 - $782,000

6 Beds
6 Baths
2,732 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $343,000 $126 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,763/month

270 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wall to Wall Carpet

About This Home

As of October 2014

A solid investment for the experienced investor to add to a portfolio or for an owner occupant beginner investor. Townhouse style homes w 3 bedrooms, 2.5 baths and attached garage for each unit make this nearly new, low maintenance duplex a popular choice among tenants. Each unit is separately metered for water and power so it easy to have tenants to pay their own expenses. Forecasts for the residential rental market are positive. This duplex is a good option for taking advantage of that market

Last Agent to Sell the Property

Mike Elliott

Windermere Real Estate/PSR Inc License #5445 Listed on: 12/20/2013

Windermere Real Estate/PSR Inc

Co-Listed By

Jennifer Clukey

Windermere Real Estate/PSR Inc License #74076

Last Buyer's Agent

Paresh Shah

Skyline Properties, Inc. License #81512

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 575380

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 2009

Lot Details

  • 7,655 Sq Ft Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

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

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Community Details

  • Auburn Spl06 00006 Condos
  • Downtown Auburn Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2149800278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,631

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
  • Building Name: Auburn SPL06-00006
  • New Construction: No
  • CalculatedSquareFootage: 2732
  • Special Features: None
  • Cumulative Days on Market: 619

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: 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: Puget Sound Energy
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2149800278
  • Lot Size Acres: 0.1757
  • Lot Size Sq Ft: 7655
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • LotNumber: 3

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2390

Multi Family

  • Gross Scheduled Income: 28680
  • Net Operating Income: 23949
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2732
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Oct 15, 2014
Sold by
Cox & Woodward Llc
Bought by
Patel Apurva and Amin Hemangi
Seller's Agent
Mike Elliott
Windermere Real Estate/PSR Inc
Buyer's Agent
Paresh Shah
Skyline Properties, Inc.
List Price
$349,950
Sold Price
$343,000
Premium/Discount to List
-$6,950
-1.99%
Current Estimated Value
$754,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,050
Avg. Annual Appreciation
7.41%
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
Patel Apurva $343,000 Cw Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Apurva $1,960,000
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
10/22/2014 10/22/14 Sold $343,000 -2.0% $126 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $349,950 -- $128 / 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: 575380

Northwest Multiple Listing Service (NWMLS)

APN: 214980-0278