E
Seller's Agent in 2018
Eddie Pak
Skyline Properties, Inc
(206) 883-4130
8 Total Sales
Listed by Skyline Properties, Inc., Bought with Skyline Properties, Inc.
1418 29th St SE Auburn, WA 98002
South Auburn NeighborhoodEstimated Value: $635,000 - $684,871
6
Beds
6
Baths
2,780
Sq Ft
$239/Sq Ft
Est. Value
Highlights
- Patio
- Property is Fully Fenced
- Wall to Wall Carpet
- Open Space
- Wood Siding
About This Home
As of September 2018Great investment & CASH FLOW opportunity that's conveniently located near I-167 & Hwy 18. This Townhouse Style duplex has a 0% vacancy rate & long-time tenants(Over 10+ years). Current rental income is way under market and tenants pay all utilities. Thus, by factoring in the adjusted rental income the "cap rate is closer to 7.5-8%". Each unit is equipped with its own washer/dryer and attached garage. Fully fenced for added privacy. PLEASE DO NOT DISTURB TENANTS
Last Agent to Sell the Property
Skyline Properties, Inc. License #126404 Listed on: 07/16/2018
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1323053
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,001
Year Built
- Built in 1998
Lot Details
- 7,227 Sq Ft Lot
- Open Space
- Property is Fully Fenced
Home Design
- Duplex
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 2,780 Sq Ft Home
- 2-Story Property
- Wall to Wall Carpet
Parking
- 6 Parking Spaces
- 2 Covered Spaces
- Open Parking
Additional Features
- Patio
- Cable TV Available
Community Details
- Auburn Subdivision
Listing and Financial Details
- Assessor Parcel Number 3021059392
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2018
Closed on
Aug 28, 2018
Sold by
Sorianpo Erlinda R
Bought by
Patel Apurva and Amin Hemangi
Seller's Agent
Eddie Pak
Skyline Properties, Inc.
Buyer's Agent
Paresh Shah
Skyline Properties, Inc.
List Price
$425,000
Sold Price
$428,001
Premium/Discount to List
$3,001
0.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,298
Avg. Annual Appreciation
6.54%
Original Mortgage
$299,600
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2006
Sold by
Soriano Alejandro
Bought by
Soriano Erlinda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
6.2%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 7, 2006
Sold by
Nguyen David S
Bought by
Soriano Erlinda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
6.2%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 21, 2005
Sold by
Phan Nen Thi Kim
Bought by
Nguyen David S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 18, 2005
Sold by
Riess Michael A and Riess Wendy M
Bought by
Nguyen David S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 23, 1997
Sold by
Woodward Jeffery B and Woodward Wendy A
Bought by
Riess Michael A and Riess Wendy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,500
Interest Rate
7.33%
Purchase Details
Closed on
Apr 21, 1997
Sold by
Cano Santiago M and Cano James M
Bought by
Woodward Jeffery B and Woodward Wendy A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.86%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patel Apurva | $428,001 | First American Title Company | |
| Soriano Erlinda R | -- | Chicago Title | |
| Soriano Erlinda R | $343,000 | Chicago Title | |
| Nguyen David S | -- | Commonwealth L | |
| Nguyen David S | $305,000 | Commonwealth L | |
| Riess Michael A | $195,500 | Chicago Title Insurance Co | |
| Woodward Jeffery B | $74,000 | Old Republic Title Ltd |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Patel Apurva | $295,800 | |
| Closed | Patel Apurva | $299,600 | |
| Closed | Patel Apurva | $299,600 | |
| Previous Owner | Soriano Erlinda R | $333,000 | |
| Previous Owner | Soriano Erlinda R | $51,400 | |
| Previous Owner | Soriano Erlinda R | $51,400 | |
| Previous Owner | Soriano Erlinda R | $274,400 | |
| Previous Owner | Nguyen David S | $213,500 | |
| Previous Owner | Riess Michael A | $170,500 | |
| Previous Owner | Woodward Jeffery B | $141,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2018 09/11/18 | Sold | $428,001 | +0.7% | $154 / Sq Ft |
| 07/29/2018 07/29/18 | Pending | -- | -- | -- |
| 07/16/2018 07/16/18 | For Sale | $425,000 | -- | $153 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $7,080 | $587,000 | $125,000 | $462,000 |
| 2023 | $6,406 | $526,000 | $100,000 | $426,000 |
| 2022 | $5,912 | $550,000 | $108,000 | $442,000 |
| 2021 | $5,690 | $437,000 | $87,000 | $350,000 |
| 2020 | $5,194 | $398,000 | $81,000 | $317,000 |
| 2018 | $6,001 | $417,000 | $77,000 | $340,000 |
| 2017 | $5,406 | $381,000 | $71,000 | $310,000 |
| 2016 | $4,494 | $343,000 | $68,000 | $275,000 |
| 2015 | $4,433 | $301,000 | $63,000 | $238,000 |
| 2014 | -- | $288,000 | $60,000 | $228,000 |
| 2013 | -- | $228,000 | $55,000 | $173,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2018
Paresh Shah
Skyline Properties, Inc
(425) 773-5097
34 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1323053
APN: 302105-9392
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Based on information submitted to the MLS GRID
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