NOT LISTED FOR SALE

Estimated Value: $488,000 - $557,000

4 Beds
2 Baths
1,680 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $500,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,257/month

2 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • High Speed Internet
  • Corner Lot
  • Controlled Entrance
  • Lap Siding

About This Home

As of October 2021

1612/1614 Franklin Street Duplex. Cute duplex with 2 bedrooms/1 bath on each side, hardwood floors, newer carpeting, newer roof, new hot water heater, all appliances stay, carport, storage area in carport. Live in one side and rent the other, convenient downtown location!

Last Agent to Sell the Property

Lori Anderson-Benson

Keller Williams Realty License #39144 Listed on: 09/18/2021

Keller Williams Realty

Last Buyer's Agent

Lori Anderson-Benson

Keller Williams Realty License #39144 Listed on: 09/18/2021

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,780

Year Built

  • Built in 1967

Lot Details

  • Corner Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Detached Garage
  • Carport
  • Controlled Entrance

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,780

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1680
  • Stories: 1
  • Year Built: 1967
  • Property Condition: Approximately
  • Remarks Public: 1612/1614 Franklin Street Duplex. Cute duplex with 2 bedrooms/1 bath on each side, hardwood floors, newer carpeting, newer roof, new hot water heater, all appliances stay, carport, storage area in carport. Live in one side and rent the other, convenient downtown location!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CENTRAL ADDITION LOT 1 BLK 3
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable
  • Security: Entry, Sidewalk

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: Hough
  • Middle School: Discovery
  • High School: Hudsons Bay

Lot Info

  • Lot Description: On Busline, Corner Lot
  • Zoning: R9

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 3571.79
  • Assessor Parcel Number: 054660000
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.33

MLS Schools

  • Elementary School: Hough
  • High School: Hudsons Bay
  • Middle School: Discovery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Nov 19, 2021
Sold by
Virden Frances and Virden Ira
Bought by
Virden Ira
Seller's Agent
Lori Anderson-Benson
Keller Williams Realty
Buyer's Agent
Lori Anderson-Benson
Keller Williams Realty
List Price
$439,000
Sold Price
$500,000
Premium/Discount to List
$61,000
13.9%
Current Estimated Value
$513,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,117
Avg. Annual Appreciation
1.36%
Original Mortgage
$300,000
Outstanding Balance
$279,521
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$246,138

Purchase Details

Listed on
Sep 18, 2021
Closed on
Oct 4, 2021
Sold by
Serimone Michael and Lutz Serimone Jacqueline
Bought by
Virden Ira
Seller's Agent
Lori Anderson-Benson
Keller Williams Realty
Buyer's Agent
Lori Anderson-Benson
Keller Williams Realty
List Price
$439,000
Sold Price
$500,000
Premium/Discount to List
$61,000
13.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$279,521
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$246,138

Purchase Details

Closed on
Jul 17, 2018
Sold by
Sermone Diana M and Diane M Sermone Trust
Bought by
Sermone Michael and Lutz Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 20, 2013
Closed on
Mar 26, 2014
Sold by
Kim Daniel S and Kim Hooja C
Bought by
Sermone Diana M
Seller's Agent
Clifford Hockley
Bluestone & Hockley RE SVS.
Buyer's Agent
Kasey Justus
Berkshire Hathaway HomeServices NW Real Estate
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
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
Virden Ira -- Chicago Title
Virden Ira $500,000 Chicago Title
Sermone Michael $275,000 First American Title Vancouv
Sermone Diana M $194,719 Chicago Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virden Ira $300,000
Previous Owner Sermone Michael $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2021 10/13/21 Sold $500,000 +13.9% $298 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $439,000 +125.1% $261 / Sq Ft
03/25/2014 03/25/14 Sold $195,000 -17.0% $116 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $235,000 -- $140 / 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 $4,780 $460,704 $215,256 $245,448
2024 $4,423 $489,468 $215,256 $274,212
2023 $4,294 $472,702 $206,099 $266,603
2022 $3,690 $460,858 $213,425 $247,433
2021 $3,572 $368,846 $173,135 $195,711
2020 $3,104 $336,554 $152,749 $183,805
2019 $2,684 $303,025 $135,930 $167,095
2018 $2,979 $271,400 $0 $0
2017 $2,698 $250,131 $0 $0
2016 $2,421 $236,391 $0 $0
2015 $2,142 $202,656 $0 $0
2014 -- $169,518 $0 $0
2013 -- $163,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21498785

Regional Multiple Listing Service (RMLS)

APN: 054660-000