NOT LISTED FOR SALE

Estimated Value: $496,000 - $595,000

3 Beds
2 Baths
1,940 Sq Ft
$291/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $400,000 $206 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,632/month

Highlights

  • 0.33 Acre Lot
  • High Speed Internet
  • Wood Siding
  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of March 2018

MUST SEE!! Great investment opportunity!! 2 houses on 1 large 1/3 ac lot. Each unit has 2 bed/1 bath in the heart of downtown Auburn located in a residential neighborhood. Walking dist. to shopping & drive to Hwy 18/167. The Front unit has a heat pump, large front yard, log cabin kids playhouse & currently a tenant on a month/month lease. The rear unit comes with a large back yard, deck & fireplace. The rear unit has an 800 sq. ft storage/kids play area over the garage. Both include washer/dryer

Last Buyer's Agent

Hilary Holmes

Seattle Works Real Estate License #26755

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1247090

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,910

Year Built

  • Built in 1958

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Washelem Elementary School
  • Olympic Mid Middle School
  • Auburn Snr High School

Utilities

  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1721059021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,910

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1940
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Heat Pump, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, See Remarks, Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, See Remarks
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Auburn
  • High School: Auburn Snr High
  • Middle Or Junior School: Olympic Mid

Lot Info

  • Parcel Number: 1721059021
  • Lot Size Acres: 0.3337
  • Lot Size: 14,534
  • Lot Size Sq Ft: 14534
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings
  • MLSLotSizeSource: king county

Green Features

  • Power Production Type: See Remarks

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2750

Tax Info

  • Year: 2017
  • Tax Annual Amount: 4910

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1940
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: WashElem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 20, 2018
Sold by
Vdk79 Llc
Bought by
Reiner Jacob
Buyer's Agent
Hilary Holmes
Seattle Works Real Estate
List Price
$395,000
Sold Price
$400,000
Premium/Discount to List
$5,000
1.27%
Current Estimated Value
$564,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,532
Avg. Annual Appreciation
4.68%
Original Mortgage
$380,000
Outstanding Balance
$325,166
Interest Rate
4.32%
Estimated Equity
$239,366

Purchase Details

Listed on
Oct 31, 2013
Closed on
Dec 3, 2013
Sold by
Pittman Marcia L
Bought by
Vdk79 Llc
Seller's Agent
Todd Huizenga
KW Mountains to Sound Realty
Buyer's Agent
Bob Lee
Better Properties - Metro
List Price
$225,000
Sold Price
$199,000
Premium/Discount to List
-$26,000
-11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%

Purchase Details

Closed on
Jul 29, 1986
Sold by
Langert Donald and Langert Juanita L
Bought by
Pittman Marcia L
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
Reiner Jacob $400,000 Cw Title Inc
Vdk79 Llc $199,000 Old Republic
Pittman Marcia L $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiner Jacob $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2018 03/21/18 Sold $400,000 +1.3% $206 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $395,000 +98.5% $204 / Sq Ft
12/09/2013 12/09/13 Sold $199,000 -11.6% $103 / Sq Ft View Prior Sale
11/23/2013 11/23/13 Pending -- -- --
11/19/2013 11/19/13 For Sale $225,000 0.0% $117 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/31/2013 10/31/13 For Sale $225,000 -- $117 / 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 $7,521 $630,000 $157,000 $473,000
2023 $6,685 $554,000 $126,000 $428,000
2022 $6,173 $579,000 $137,000 $442,000
2021 $5,945 $460,000 $110,000 $350,000
2020 $5,408 $419,000 $103,000 $316,000
2018 $4,910 $339,000 $93,000 $246,000
2017 $4,378 $309,000 $85,000 $224,000
2016 $3,791 $275,000 $81,000 $194,000
2015 $3,710 $252,000 $75,000 $177,000
2014 -- $239,000 $71,000 $168,000
2013 -- $187,000 $65,000 $122,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1247090

Northwest Multiple Listing Service (NWMLS)

APN: 172105-9021