NOT LISTED FOR SALE

Estimated Value: $487,000 - $546,428

4 Beds
4 Baths
2,006 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $277,000 $138 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,041/month

7 Days on Market

Highlights

  • Attached Garage
  • Heating unit installed on the ceiling
  • Level Lot

About This Home

As of May 2018

Wonderful rental income property in the Hayden Bridge area of Springfield. 2 bed 1.5 bath, washer/dryer hookups, brick fireplace, small Fenced backyard and 2 car attached garage each side. Convenient to shopping, bus-line. In area of like properties. Great opportunity and fully rented on M/Month.

Last Agent to Sell the Property

Lisa Borchers

Hybrid Real Estate License #201212111 Listed on: 04/25/2018

Hybrid Real Estate

Last Buyer's Agent

Annette Hansen

Summit Realty LLC License #201223754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1978

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Page Elementary School
  • Briggs Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Assessor Parcel Number 1169661

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,873
  • Gross Income $21,480
  • Net Operating Income $18,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,349

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 277000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: FlagLot, Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Page
  • High School: Springfield
  • Middle Or Junior School: Briggs

Lot Info

  • Zoning: MD
  • Parcel #: 1169661

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3349.02

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.36
  • Annual Gross Income: 21480.0
  • Property Net Operating Income: 18131.0
  • Annual Operating Expense: 4873.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2019
Sold by
Miles Randy A
Bought by
Miles Randy Alan and Randy Alan Miles Living Trust
Current Estimated Value
$515,357

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 30, 2018
Sold by
Wilson James L and Wilson Christie L
Bought by
Miles Randy A
Seller's Agent
Lisa Borchers
Hybrid Real Estate
Buyer's Agent
Annette Hansen
Summit Realty LLC
List Price
$287,000
Sold Price
$277,000
Premium/Discount to List
-$10,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%

Purchase Details

Listed on
Aug 26, 2016
Closed on
Nov 9, 2016
Sold by
Raymen Steven A
Bought by
Wilson James L and Wilson Christie L
Seller's Agent
Sean Pearson
ICON Real Estate Group
Buyer's Agent
Lisa Borchers
Hybrid Real Estate
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%
Original Mortgage
$165,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Miles Randy Alan -- None Available
Miles Randy A $277,000 Western Title & Escrow
Wilson James L $220,000 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson James L $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2018 05/31/18 Sold $277,000 -3.5% $138 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $287,000 +30.5% $143 / Sq Ft
11/15/2016 11/15/16 Sold $220,000 -2.2% $110 / Sq Ft View Prior Sale
09/27/2016 09/27/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $225,000 -- $112 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,385 $239,135 -- --
2024 $4,314 $232,170 -- --
2023 $4,314 $225,408 $0 $0
2022 $3,996 $218,843 $0 $0
2021 $3,924 $212,469 $0 $0
2020 $3,809 $206,281 $0 $0
2019 $3,695 $200,273 $0 $0
2018 $3,483 $188,777 $0 $0
2017 $3,349 $188,777 $0 $0
2016 $3,279 $183,279 $0 $0
2015 $3,185 $177,941 $0 $0
2014 $3,113 $172,758 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18384343

Regional Multiple Listing Service (RMLS)

APN: 1169661