$380,000
SOLD NOV 19, 2024
-- Bed
-- Bath
1,620 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$235 Per Sq Ft

5% Below List Price

3 Days on Market

Highlights

  • No HOA
  • Heating System Mounted To A Wall or Window
  • 1-Story Property
  • Level Lot

About This Home

As of November 2024

Excellent investment. Two, 1 level duplex's in desirable location. New roof in 2022. Tenants have been in unit for many years years with no rent increases, rents below market. Seller would preferers to sale both units together. Unit 1600 is vacant.

Last Agent to Sell the Property

Mark Trunk

RE/MAX Equity Group License #72890 Listed on: 10/11/2024

RE/MAX Equity Group

Last Buyer's Agent

Robert Bloom

Realty Pro, Inc License #9051

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,531

Year Built

  • Built in 1972

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • King Elementary School
  • Mcloughlin Middle School
  • Fort Vancouver High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 029373092

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,000
  • Gross Income $19,800
  • Net Operating Income $12,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,531

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • 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: Cedar,T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: OffStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: King
  • High School: Fort Vancouver
  • Middle Or Junior School: McLoughlin

Lot Info

  • Zoning: Duplex
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 029373092

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3531.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.2
  • Annual Gross Income: 19800.0
  • Property Net Operating Income: 12800.0
  • Annual Operating Expense: 7000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Nov 14, 2024
Sold by
Barrett Scott
Bought by
Schiffman Forrest and Bloom Sarah
Seller's Agent
Mark Trunk
RE/MAX Equity Group
Buyer's Agent
Robert Bloom
Realty Pro, Inc
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Views
5
Current Estimated Value
$392,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,182
Avg. Annual Appreciation
2.47%
Original Mortgage
$285,000
Outstanding Balance
$283,599
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$103,239

Purchase Details

Closed on
Dec 5, 2006
Sold by
Cellars Investment Properties Llc
Bought by
Barrett Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,320
Interest Rate
6.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 15, 2006
Sold by
Davis Reuben James
Bought by
Cellars Investment Properties Llc
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 $380,000 Fidelity National Title
Warranty Deed $163,200 Columbia Title
Bargain Sale Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $16,320 Stand Alone Second
Previous Owner $130,559 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2024 11/19/24 Sold $380,000 -5.0% $235 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $400,000 -- $247 / 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 $3,557 $373,749 $155,250 $218,499
2024 $3,531 $363,962 $155,250 $208,712
2023 $3,326 $377,279 $162,306 $214,973
2022 $3,118 $356,680 $158,072 $198,608
2021 $2,908 $311,536 $141,136 $170,400
2020 $2,591 $273,920 $115,567 $158,353
2019 $2,250 $252,878 $100,158 $152,720
2018 $2,427 $227,422 $0 $0
2017 $2,128 $203,722 $0 $0
2016 $1,993 $186,376 $0 $0
2015 $1,494 $166,808 $0 $0
2014 -- $118,118 $0 $0
2013 -- $98,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24348450

Regional Multiple Listing Service (RMLS)

APN: 029373-092