Listed by RE/MAX Exclusive, Bought with Better Properties UP/Fircrest
NOT LISTED FOR SALE

Estimated Value: $497,000 - $789,612

9 Beds
4 Baths
3,830 Sq Ft
$175/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $599,000 $156 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,473/month

118 Days on Market

Highlights

  • 0.64 Acre Lot
  • High Speed Internet
  • Wood Siding
  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2018

It's all about options when it comes to this unique 2 parcel multi family property w/4 dwelling units located in central Auburn. The Seller has lived in the main house, and gifted rent in the small house, but the duplex rents for $1000/month per side. Add $1200/month for the small house, and $1500/month for the main house, and you have a solid cash flow opportunity. Or, live in the main house and rent the other 3. The second parcel has the duplex and large garden. A great investment opportunity!

Last Agent to Sell the Property

Daniel Bennett

RE/MAX Exclusive License #75547 Listed on: 09/15/2017

RE/MAX Exclusive

Co-Listed By

Nicholas Casanova

Windermere Abode License #128163

Last Buyer's Agent

Bob Hansler

Better Properties UP/Fircrest License #98764

Better Properties UP/Fircrest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1193881

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1946

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 60 x 466
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 3,830 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Washelem Elementary School
  • Cascade Mid Middle School
  • Auburn Snr High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2149800305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,685

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1946
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3830
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 458

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Heat Pump, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: Auburn
  • WaterCompany: Auburn
  • WaterSewerGarbage: 5400

Schools

  • Junior High Dist: Auburn
  • High School: Auburn Snr High
  • Middle Or Junior School: Cascade Mid

Lot Info

  • Parcel Number: 2149800305
  • Lot Size Acres: 0.642
  • Lot Size: 60 X 466
  • Lot Size Sq Ft: 27964
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,High Speed Internet,Outbuildings
  • MLSLotSizeSource: KCR
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 54600
  • Net Operating Income: 39085
  • Number Of Units Total: 4
  • Insurance Expense: 1700
  • Leasable Area: 3830
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2017
  • Tax Annual Amount: 5685

MLS Schools

  • Elementary School: WashElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Mar 28, 2018
Sold by
Chambers Gayle D
Bought by
Diamond Michael Gary and Diamond Maria Isabel
Seller's Agent
Daniel Bennett
RE/MAX Exclusive
Buyer's Agent
Bob Hansler
Better Properties UP/Fircrest
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$676,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,036
Avg. Annual Appreciation
1.51%
Original Mortgage
$584,045
Interest Rate
4.38%
Mortgage Type
FHA
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
Diamond Michael Gary $599,000 Rainier Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Michael Gary $200,000
Open Diamond Michael Gary $580,000
Closed Diamond Michael Gary $584,045
Previous Owner Chambers Gayle D $170,000
Previous Owner Chambers Gayle Deloris $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $599,000 0.0% $156 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $599,000 -- $156 / 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 $9,249 $777,000 $173,000 $604,000
2023 $8,209 $683,000 $139,000 $544,000
2022 $7,576 $713,000 $151,000 $562,000
2021 $7,074 $566,000 $121,000 $445,000
2020 $6,429 $499,000 $113,000 $386,000
2018 $6,385 $444,000 $101,000 $343,000
2017 $5,685 $405,000 $92,000 $313,000
2016 $4,920 $360,000 $88,000 $272,000
2015 $4,801 $330,000 $81,000 $249,000
2014 -- $312,000 $77,000 $235,000
2013 -- $244,000 $70,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1193881

Northwest Multiple Listing Service (NWMLS)

APN: 214980-0305