Listed by Coldwell Banker Danforth, Bought with Rainier Valley Realty
NOT LISTED FOR SALE

Estimated Value: $673,218 - $797,000

6 Beds
4 Baths
2,240 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $752,500 $336 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,535/month

22 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Property is in very good condition
  • Wood Flooring
  • No HOA
  • Property is Fully Fenced

About This Home

As of July 2023

Excellent Investment Opportunity!!! This Townhome Style Duplex offers 3 bedrooms, 1.5 bathrooms, utility room and 1 car garage per unit. Both units are spacious, well maintained and updated throughout with gorgeous vinyl plank flooring in one unit & hardwoods in the other. Features for each unit include: Totally open-concept kitchen with eating bar, dining room with slider to 10x20 trex-style deck with oversized awning. 3 upper-level bedrooms, continental full bathroom and fully fenced yards. Additional features include: Hardie plank siding, trex-style deck at entry, approx. 2-year old roof, each unit has a shed too!! Pride of ownership - meticulously maintained. Rents are current with established tenants. Tenants pay utilities.

Last Agent to Sell the Property

Tracy Thesenvitz

Coldwell Banker Danforth License #8913 Listed on: 06/02/2023

Coldwell Banker Danforth

Last Buyer's Agent

Soeun Siem

Rainier Valley Realty License #2666

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2073994

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,134

Year Built

  • Built in 1985

Lot Details

  • 10,358 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5422400290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,134

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1985
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2240
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very 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: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 5422400290
  • Lot Size Acres: 0.2378
  • Lot Size Sq Ft: 10358
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Outbuildings
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.52
  • LeasedItems: None
  • TotalMonthlyIncome: 4590

Multi Family

  • Gross Scheduled Income: 55080
  • Net Operating Income: 47646
  • Number Of Units Total: 2
  • Insurance Expense: 1300
  • Leasable Area: 2240
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 6134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 20, 2023
Sold by
Coddington Keneth J
Bought by
Long Huor and Toch Kunthy
Seller's Agent
Tracy Thesenvitz
Coldwell Banker Danforth
Buyer's Agent
Soeun Siem
Rainier Valley Realty
List Price
$800,000
Sold Price
$752,500
Premium/Discount to List
-$47,500
-5.94%
Views
60
Current Estimated Value
$732,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,445
Avg. Annual Appreciation
-1.22%
Original Mortgage
$543,750
Outstanding Balance
$530,585
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$201,470

Purchase Details

Closed on
Aug 10, 2000
Sold by
Peterson Ronald W and Peterson Barbara L
Bought by
Coddington Keneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
9%
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
Long Huor $752,500 Stewart Title
Coddington Keneth J -- Chicago Title
Coddington Keneth J $180,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Long Huor $543,750
Previous Owner Coddington Keneth J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $752,500 -5.9% $336 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $800,000 0.0% $357 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $800,000 -- $357 / 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 $7,845 $659,000 $172,000 $487,000
2023 $6,651 $590,000 $138,000 $452,000
2022 $6,134 $576,000 $150,000 $426,000
2021 $5,922 $457,000 $120,000 $337,000
2020 $5,392 $416,000 $112,000 $304,000
2018 $6,003 $418,000 $87,000 $331,000
2017 $5,410 $382,000 $80,000 $302,000
2016 $4,497 $344,000 $77,000 $267,000
2015 $4,437 $302,000 $71,000 $231,000
2014 -- $289,000 $67,000 $222,000
2013 -- $229,000 $61,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2073994

Northwest Multiple Listing Service (NWMLS)

APN: 542240-0290