$575,000
SOLD OCT 25, 2024
-- Bed
-- Bath
2,496 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

4% Below List Price

172 Days on Market

Highlights

  • 2 Car Attached Garage
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2024

Newly updated Duplex on one side (Flooring and Paint). Ideal rental or consideration for an owner - occupied property, occupy one side and rent the other unit to supplement monthly mortgage payment. Generous sized bedrooms on the upper level with a full bath. The main level consists of a living-dining room, kitchen and half bath plus an attached one car garage for each unit with a driveway and ample street parking. Great location ! Accessible to schools, shopping and I-205.(Projected Annual Rent $48,000-Taxes & Insurance included in operating expenses).

Last Agent to Sell the Property

Rome Mortera

Kelly Right Real Estate of Seattle LLC License #116069 Listed on: 04/09/2024

Kelly Right Real Estate of Seattle LLC

Last Buyer's Agent

LeAnne Eaton

Eleete Real Estate License #96120

Eleete Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,928

Year Built

  • Built in 2000

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Sifton Elementary School
  • Covington Middle School
  • Heritage High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 107520000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,129
  • Gross Income $19,140
  • Net Operating Income $32,151

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,928

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2000
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Sifton
  • High School: Heritage
  • Middle Or Junior School: Covington

Lot Info

  • Zoning: R-18
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 107520000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4928.5

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 31.34
  • Annual Gross Income: 19140.0
  • Property Net Operating Income: 32151.0
  • Annual Operating Expense: 6129.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Oct 22, 2024
Sold by
N & J Holdings Llc
Bought by
Naeem Siddiqui Living Trust and Siddiqui
Seller's Agent
Rome Mortera
Kelly Right Real Estate of Seattle LLC
Buyer's Agent
LeAnne Eaton
Eleete Real Estate
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Total Days on Market
172
Views
87
Current Estimated Value
$588,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,134
Avg. Annual Appreciation
2.02%
Original Mortgage
$517,500
Outstanding Balance
$512,945
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$71,544

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 30, 2020
Sold by
L & T Future Holdings Llc
Bought by
N & J Holdings Llc
Seller's Agent
Travis Newton
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Rome Mortera
Kelly Right Real Estate of Seattle LLC
List Price
$469,900
Sold Price
$468,400
Premium/Discount to List
-$1,500
-0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Oja Robert L and Oja Bonnie M
Bought by
L & T Future Holdings Llc

Purchase Details

Closed on
Dec 4, 2002
Sold by
Oja Robert L and Oja Bonnie M
Bought by
Cross Water Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2002
Sold by
Johnson Marvin E and Johnson Hazel M
Bought by
Oja Robert L and Oja Bonnie M

Purchase Details

Closed on
Feb 24, 1999
Sold by
Johnson Marvin E and Johnson Hazel M
Bought by
Oja Robert L and Oja Bonnie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 Wfg Clark County
Warranty Deed $468,400 Wfg Clark County Resware
Warranty Deed -- --
Quit Claim Deed -- First American Title
Warranty Deed -- --
Warranty Deed -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 New Conventional
Previous Owner $465,911 Future Advance Clause Open End Mortgage
Previous Owner $107,900 New Conventional
Previous Owner $2,100,000 Purchase Money Mortgage
Previous Owner $350,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $575,000 -4.2% $230 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $599,900 0.0% $240 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $599,900 -3.2% $240 / Sq Ft
07/01/2024 07/01/24 Price Changed $619,999 -6.0% $248 / Sq Ft
05/09/2024 05/09/24 For Sale $659,900 +14.8% $264 / Sq Ft
04/15/2024 04/15/24 Off Market $575,000 -- --
04/10/2024 04/10/24 For Sale $619,999 +32.4% $248 / Sq Ft
07/31/2020 07/31/20 Sold $468,400 -0.3% $188 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $469,900 -- $188 / 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 $5,066 $508,893 $170,482 $338,411
2024 $4,929 $497,809 $170,482 $327,327
2023 $4,976 $506,952 $175,728 $331,224
2022 $4,448 $504,171 $175,728 $328,443
2021 $4,046 $419,225 $149,500 $269,725
2020 $3,666 $358,193 $131,140 $227,053
2019 $3,588 $325,212 $118,800 $206,412
2018 $4,021 $344,023 $0 $0
2017 $3,534 $311,620 $0 $0
2016 $3,261 $285,411 $0 $0
2015 $3,156 $244,864 $0 $0
2014 -- $225,490 $0 $0
2013 -- $206,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24360618

Regional Multiple Listing Service (RMLS)

APN: 107520-000