Listed by Skyline Properties, Inc., Bought with Best Choice Realty LLC
NOT LISTED FOR SALE

Estimated Value: $550,000 - $596,668

4 Beds
4 Baths
1,830 Sq Ft
$316/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $425,000 $232 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,805/month

46 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of January 2021

Great duplex in downtown Auburn with solid rental history. Close to shopping, public transportation, schools and parks. Month to month very long time tenants in both units. Seller has been keeping the same rent for years. Lots of room to increase rent for higher cap rate if desired. New roof in 2019. Excellent stable income. Tenants are very good on rents. $140/mth HOA fee pays for garbage, sewer, yard maintenance front and back. Landlord pays 1/2 water bill for unit A and full for unit B.

Last Agent to Sell the Property

Minh Nguyen

Skyline Properties, Inc. License #99573 Listed on: 10/21/2020

Skyline Properties, Inc.

Last Buyer's Agent

Nazar Pekhotin

Best Choice Realty LLC License #139355

Best Choice Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1680431

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1981

Lot Details

  • 6,550 Sq Ft Lot
  • Partially Fenced Property
  • Property is in average condition

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Duplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,830 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Utilities

  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2149800280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,309

Year Built

Built in 1981

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1830
  • Special Features: None
  • Cumulative Days on Market: 391

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1680
  • Association Fee Frequency: Annually
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2149800280
  • Lot Size Acres: 0.1504
  • Lot Size Sq Ft: 6550
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 2550

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 23761
  • Number Of Units Total: 2
  • Insurance Expense: 850
  • Leasable Area: 2330
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 100

Tax Info

  • Year: 2020
  • Tax Annual Amount: 4309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2022
Sold by
Pekhotin Anthony and Pekhotin Lyubov
Bought by
Pekhotina Lyubov
Current Estimated Value
$578,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,900
Outstanding Balance
$131,997
Interest Rate
7.08%
Mortgage Type
Credit Line Revolving
Estimated Equity
$427,850

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 26, 2021
Sold by
Le Tony Tiep and Phan Mai Phuong
Bought by
Pekhotina Lyubov and Pekhotin Nazar
Seller's Agent
Minh Nguyen
Skyline Properties, Inc.
Buyer's Agent
Nazar Pekhotin
Best Choice Realty LLC
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$417,302
Interest Rate
2.67%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 2015
Sold by
Nguyen Phung Kim
Bought by
Vo Le Chi

Purchase Details

Closed on
Nov 8, 2013
Sold by
Le Tony Tiep and Phan Mai Phuong
Bought by
Le Tony Tiep and Phan Mai Phuong

Purchase Details

Listed on
Aug 27, 2012
Closed on
Jan 28, 2013
Sold by
Lockwood Ray
Bought by
Le Tony Tiep and Phan Mai Phuong
Seller's Agent
Sandee Baker
Zaran Sayre & Associates, Inc.
Buyer's Agent
Dinh Huynh
Dove Realty, Inc.
List Price
$217,950
Sold Price
$195,000
Premium/Discount to List
-$22,950
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$146,250
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1997
Sold by
Lockwood Terrie A
Bought by
Lockwood Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.98%
Mortgage Type
Seller Take Back
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
Pekhotina Lyubov -- Chicago Title
Pekhotina Lyubov $425,000 Fidelity National Title
Vo Le Chi -- None Available
Le Tony Tiep -- None Available
Le Tony Tiep $195,000 Stewart Title
Lockwood Ray -- Old Republic Title Ltd
Lockwood Ray $120,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pekhotina Lyubov $136,900
Previous Owner Pekhotina Lyubov $417,302
Previous Owner Le Tony Tiep $146,250
Previous Owner Lockwood Ray $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $425,000 -2.3% $232 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $435,000 0.0% $238 / Sq Ft
10/25/2020 10/25/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $435,000 +123.1% $238 / Sq Ft
02/01/2013 02/01/13 Sold $195,000 -10.5% $97 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
08/27/2012 08/27/12 For Sale $217,950 -- $108 / 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 $6,175 $513,000 $127,000 $386,000
2023 $5,483 $451,000 $102,000 $349,000
2022 $5,058 $471,000 $111,000 $360,000
2021 $4,725 $374,000 $89,000 $285,000
2020 $4,309 $330,000 $83,000 $247,000
2018 $4,985 $345,000 $80,000 $265,000
2017 $4,088 $316,000 $73,000 $243,000
2016 $3,588 $257,000 $70,000 $187,000
2015 $3,544 $239,000 $65,000 $174,000
2014 -- $229,000 $62,000 $167,000
2013 -- $175,000 $57,000 $118,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1680431

Northwest Multiple Listing Service (NWMLS)

APN: 214980-0280