NOT LISTED FOR SALE

Estimated Value: $430,000 - $471,000

4 Beds
2 Baths
1,700 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 08, 2020

Last sale price $319,900 $188 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,825/month

16 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Wood Siding
  • High Speed Internet

About This Home

As of April 2020

Duplex for sale in great location, 100% occupied for 10 years. Overall good condition with minor TLC needed when/if a tenant moved out. Both units redone 10 years ago along with the roof. Tenants pay utilities except for Garbage. Financials are accurate. Great investment opportunity for the savvy investor with room for rent increases. Proforma at a 7.5% CAP rate! Owner is Broker.

Last Agent to Sell the Property

Travis Newton

Cascade Hasson Sotheby's International Realty License #74567 Listed on: 02/24/2020

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Kara Petracca

Veracity Real Estate Group License #124172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 1962

Lot Details

  • Level Lot

Parking

  • Carport

Home Design

  • Stem Wall Foundation
  • Wood Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • Crawl Space

Schools

  • Washington Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • No Cooling
  • Baseboard Heating
  • High Speed Internet

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number 021055000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,008
  • Gross Income $24,000
  • Net Operating Income $19,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,503

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1962
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: StemWall
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Other

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Washington
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R-9
  • Parcel #: 021055000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2503.31

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.75
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 19992.0
  • Annual Operating Expense: 4008.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2020
Sold by
Byrum Don E and Byrum Makenzy L
Bought by
Byrum Donald and Byrum Makenzy
Current Estimated Value
$453,706

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 27, 2020
Sold by
Ktn Investments Llc
Bought by
Byrum Don E and Byrum Makenzy L
Seller's Agent
Travis Newton
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Kara Petracca
Veracity Real Estate Group
List Price
$329,900
Sold Price
$319,900
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$176,125
Outstanding Balance
$157,372
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$291,981

Purchase Details

Closed on
Jan 31, 2013
Sold by
Newton Travis and Newton Kellie
Bought by
Ktn Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.36%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 26, 2010
Sold by
Tilton Edward L and Tilton Joenena D
Bought by
Newton Travis R and Newton Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2007
Sold by
Tilton Edward L
Bought by
Tilton Edward L and Tilton Joenena D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Castrey Jimmie G
Bought by
Castrey Jim G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2001
Sold by
Castrey Jimmie G
Bought by
Tilton Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8%
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
Byrum Donald -- None Available
Byrum Don E $319,900 Wfg Natl Ttl Co Of Clark Cnt
Ktn Investments -- Columbia Title Agency
Newton Travis R $120,000 Columbia Title Agency
Tilton Edward L -- Clark County Title Co
Castrey Jim G -- None Available
Tilton Edward L -- Clark County Title Co
Tilton Edward L $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byrum Don E $176,125
Previous Owner Ktn Investments Llc $181,250
Previous Owner Ktn Investments L L C $100,000
Previous Owner Newton Travis R $83,000
Previous Owner Tilton Edward L $153,000
Previous Owner Tilton Edward L $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $319,900 -3.0% $188 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $329,900 0.0% $194 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $329,900 -- $194 / 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 $4,232 $409,043 $162,000 $247,043
2024 $3,773 $433,286 $162,000 $271,286
2023 $3,703 $403,153 $160,650 $242,503
2022 $3,323 $397,241 $156,600 $240,641
2021 $3,156 $332,095 $135,000 $197,095
2020 $2,816 $297,324 $108,765 $188,559
2019 $2,503 $274,901 $96,031 $178,870
2018 $2,710 $253,093 $0 $0
2017 $2,329 $227,508 $0 $0
2016 $2,095 $204,013 $0 $0
2015 $1,979 $175,318 $0 $0
2014 -- $156,581 $0 $0
2013 -- $135,787 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20269743

Regional Multiple Listing Service (RMLS)

APN: 021055-000