NOT LISTED FOR SALE

16319 Birkland St SE Unit 16321 Yelm, WA 98597

Estimated Value: $516,441 - $622,000

6 Beds
6 Baths
2,845 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $459,900 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,572/month

3 Days on Market

Highlights

  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • High Speed Internet

About This Home

As of August 2021

Looking for an Investment Property with Immediate Profitability in the Ideal Location? This Spacious Duplex in the Heart of Yelm is Close to Everything Including Easy Access to I-5, JBLM (Military Post), Schools, Shopping, Eats, Parks & More! Each Unit is Currently Leased and Features 3 Large Upstairs Bedrooms, 2.5 Baths (1/2 Bath Down; 2 Full Baths Upstairs), Open Concept Living Rooms with Access to Back Patios & Fully-Fenced Backyards, 1 Car Attached Garage (each unit), Washer / Dryer Hook Ups. Newer Roof. Tenants Pay all Utilities to Include Water/Sewer/Garbage. No HOA! Don't Miss this One-of-a-Kind Investment Opportunity - It Won't Last Long!

Last Agent to Sell the Property

Nicole Braam

Berkshire Hathaway HS NW License #25954 Listed on: 05/21/2021

Berkshire Hathaway HS NW

Last Buyer's Agent

Holly Kappert

Yelm Windermere License #27943

Yelm Windermere

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1778779

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 1996

Lot Details

  • 7,334 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,845 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 69260000900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,344

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1996
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2845
  • Special Features: None
  • Cumulative Days on Market: 299

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Yelm
  • WaterCompany: City of Yelm
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Yelm
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 69260000900
  • Lot Size Acres: 0.1684
  • Lot Size Sq Ft: 7334
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2475

Multi Family

  • Gross Scheduled Income: 30600
  • Net Operating Income: 20354
  • Number Of Units Total: 2
  • Insurance Expense: 1086
  • Leasable Area: 2845
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4344

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Srivastava Veer Kumar
Bought by
Shreem Llc
Total Days on Market
3
Current Estimated Value
$580,860

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 10, 2021
Sold by
Rosenberger Aaron and Rosenberger Charmaine
Bought by
Strivastava Veerendra Kumar
Seller's Agent
Nicole Braam
Berkshire Hathaway HS NW
Buyer's Agent
Holly Kappert
Yelm Windermere
List Price
$459,900
Sold Price
$459,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$321,950
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2021
Sold by
Chung Christopher
Bought by
Rosenberger Aaron and Rosenberger Charmaine

Purchase Details

Closed on
Mar 23, 2018
Sold by
Birkelm Llc A Wahsington Limited Liabili
Bought by
Chung Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,440
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Jan 25, 2012
Sold by
Ardmore Richard E and Ardmore Nancy L
Bought by
Birkelm Llc

Purchase Details

Closed on
Dec 9, 1997
Sold by
Ameri Fund Professional Lending Svc Corp
Bought by
Ardmore Richard E and Ardmore Nancy L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shreem Llc -- None Available
Strivastava Veerendra Kumar $459,900 Rainier Title
Rosenberger Aaron $380,000 Chicago Title
Chung Christopher $309,719 First American Title Ins Co
Birkelm Llc -- None Available
Ardmore Richard E -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strivastava Veerendra Kumar $321,950
Previous Owner Chung Christopher $321,106
Previous Owner Chung Christopher $317,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $459,900 0.0% $162 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $459,900 -- $162 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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
2024 $4,193 $580,700 $194,000 $386,700
2023 $4,193 $429,600 $144,100 $285,500
2022 $3,955 $466,500 $149,200 $317,300
2021 $4,344 $359,300 $87,500 $271,800
2020 $4,176 $343,200 $73,100 $270,100
2019 $3,246 $322,300 $98,000 $224,300
2018 $3,951 $291,500 $95,700 $195,800
2017 $3,321 $256,850 $35,050 $221,800
2016 $3,111 $199,400 $54,000 $145,400
2014 -- $227,000 $54,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1778779

Northwest Multiple Listing Service (NWMLS)

APN: 69260000900