Listed by Paragon Real Estate Advisors, Bought with Wallace Properties, Inc.
NOT LISTED FOR SALE
11 Beds
6 Baths
25,120 Sq Ft
1.51 Acres

Last Sold February 28, 2014

Last sale price $2,200,000 $88 Per Sq Ft

180 Days on Market

Highlights

  • 1.51 Acre Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of February 2014

Price Reduced! Riverside Village offers spacious, remodeled apartments complete with washer/dryer and covered parking on a riverfront Northeast Auburn site which provides convenient access to local shopping and employment centers. This recently remodeled property has a new roof, new windows, new appliances, new flooring, and washer/dryers in all units.

Last Agent to Sell the Property

Saint Newton

Paragon Real Estate Advisors License #28919 Listed on: 06/09/2013

Last Buyer's Agent

Jon Peterson

Wallace Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 500477

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,226

Year Built

  • Built in 1967

Lot Details

  • 1.51 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 25,120 Sq Ft Home
  • 1-Story Property

Parking

  • 53 Parking Spaces
  • Open Parking

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1721059163

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,226

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 25120
  • Special Features: None
  • Cumulative Days on Market: 755

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 32
  • Carport Y N: No
  • Open Parking Spaces: 21
  • Open Parking: Yes
  • Total Parking Spaces: 53
  • ParkingUncoveredSpaces: 21

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 34377

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 1721059163
  • Lot Size Acres: 1.5111
  • Lot Size Sq Ft: 65825
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 27203

Multi Family

  • Gross Scheduled Income: 326436
  • Net Operating Income: 174786
  • Number Of Units Total: 31
  • Insurance Expense: 5981
  • Leasable Area: 25120
  • UnitsInBuildingTotal: 31
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 34226

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $2,200,000 -6.4% $88 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $2,350,000 -- $94 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 500477

Northwest Multiple Listing Service (NWMLS)