Listed by Windermere Real Estate/PSR Inc, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $705,981 - $792,000

6 Beds
6 Baths
2,732 Sq Ft
$274/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $345,000 $126 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,706/month

174 Days on Market

Highlights

  • Thermal Windows
  • Patio
  • Wall to Wall Carpet

About This Home

As of July 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

Cameron Stratton

John L. Scott, Inc License #82671

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 575393

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,478

Year Built

  • Built in 2009

Lot Details

  • 9,301 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 0006 Condos
  • Downtown Auburn Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 2149800275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,478

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 SPL06-0006
  • New Construction: No
  • CalculatedSquareFootage: 2732
  • Special Features: None
  • Cumulative Days on Market: 523

Interior Features

  • Possible Use: Residential
  • 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, Paved
  • 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: 2149800275
  • Lot Size Acres: 0.2135
  • Lot Size Sq Ft: 9301
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio
  • ZoningClass: Residential
  • LotNumber: 4

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: 24102
  • Number Of Units Total: 2
  • Insurance Expense: 1100
  • Leasable Area: 2732
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2013
  • Tax Annual Amount: 3478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2013
Closed on
Jul 18, 2014
Sold by
Cox & Woodward Llc
Bought by
Chappell Daniel M and Chappell Lisa R
Seller's Agent
Mike Elliott
Windermere Real Estate/PSR Inc
Buyer's Agent
Cameron Stratton
John L. Scott, Inc
List Price
$349,950
Sold Price
$345,000
Premium/Discount to List
-$4,950
-1.41%
Current Estimated Value
$747,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,495
Avg. Annual Appreciation
7.00%
Original Mortgage
$332,925
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 2, 2007
Sold by
Armstrong James R and Coons Robert L
Bought by
Cox & Woodward Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,875
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1982
Sold by
Salazar Anthony and Salazar Sylvia R
Bought by
Vankleek Gordon F $T
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
Chappell Daniel M $345,000 Cw Title Co
Cox & Woodward Llc $442,500 Chicago Title
Vankleek Gordon F $T $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chappell Daniel M $100,000
Open Chappell Daniel M $305,160
Closed Chappell Daniel M $332,771
Closed Chappell Daniel M $332,925
Previous Owner Cox & Woodward Llc $328,000
Previous Owner Cox & Woodward Llc $342,000
Previous Owner Cox & Woodward Llc $331,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $345,000 -1.4% $126 / Sq Ft
06/13/2014 06/13/14 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 $7,595 $633,000 $117,000 $516,000
2023 $6,741 $556,000 $94,000 $462,000
2022 $6,215 $581,000 $102,000 $479,000
2021 $5,985 $461,000 $82,000 $379,000
2020 $5,456 $420,000 $77,000 $343,000
2018 $6,543 $457,000 $75,000 $382,000
2017 $5,904 $418,000 $69,000 $349,000
2016 $5,179 $377,000 $66,000 $311,000
2015 $5,112 $351,000 $61,000 $290,000
2014 -- $336,000 $58,000 $278,000
2013 -- $257,000 $53,000 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 575393

Northwest Multiple Listing Service (NWMLS)

APN: 214980-0275