NOT LISTED FOR SALE

18402 Albany St SW Unit B & C Rochester, WA 98579

Estimated Value: $370,000 - $524,000

4 Beds
2 Baths
1,546 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $375,000 $243 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,746/month

100 Days on Market

Highlights

  • Patio
  • Wood Siding
  • 1-Story Property
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of January 2022

Super duplex in Rochester, ideally located close to I-5 access! Units are approx. 773 sf w/2 bdrm, 1 bath + 1 car garage. Kitchen has vinyl flooring & formica counter tops w/utility off dining area. Slider to back patios w/privacy screening, nice setting on large .33 acre lot. Great investment opportunity! Very little vacancy and long term tenants.

Last Agent to Sell the Property

Vonna Madeley

Coldwell Banker Evergreen License #24002878 Listed on: 09/01/2021

Coldwell Banker Evergreen

Co-Listed By

Jeanne Tranum

Coldwell Banker Evergreen License #11286

Last Buyer's Agent

Vonna Madeley

Coldwell Banker Evergreen License #24002878 Listed on: 09/01/2021

Coldwell Banker Evergreen

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1832773

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Rochester Primary Sc Elementary School
  • Rochester Mid Middle School
  • Rochester High School

Utilities

  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Rochester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 71107800200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,527

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1980
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1546
  • Special Features: None
  • Cumulative Days on Market: 448

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • 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: Septic Tank
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric
  • PowerCompany: PSE
  • SewerCompany: Septic
  • WaterCompany: Rochester Water
  • WaterSewerGarbage: 2078

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Rochester
  • High School: Rochester High
  • Middle Or Junior School: Rochester Mid

Lot Info

  • Parcel Number: 71107800200
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14375
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: ASSR
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 13980
  • Number Of Units Total: 2
  • Insurance Expense: 700
  • Leasable Area: 1546
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 2527

MLS Schools

  • Elementary School: Rochester Primary Sc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Jan 3, 2022
Sold by
Kurt Schmidtke
Bought by
Capitol City Properties Llc
Seller's Agent
Vonna Madeley
Coldwell Banker Evergreen
Buyer's Agent
Vonna Madeley
Coldwell Banker Evergreen
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%
Current Estimated Value
$456,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,995
Avg. Annual Appreciation
6.62%
Original Mortgage
$340,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 1999
Sold by
Mckinney Dale and Mckinney Pamela J
Bought by
Shelton Wayne G and Shelton Kathleen A
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
Capitol City Properties Llc $375,000 Chicago Title
Shelton Wayne G -- Thurston County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capitol City Properties Llc $347,500
Open Capitol City Properties Llc $680,000
Closed Capitol City Properties Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $375,000 -6.0% $243 / Sq Ft
12/10/2021 12/10/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $399,000 -6.1% $258 / Sq Ft
09/01/2021 09/01/21 For Sale $425,000 -- $275 / 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 $3,073 $364,500 $203,700 $160,800
2023 $3,073 $350,200 $197,800 $152,400
2022 $2,458 $333,200 $179,600 $153,600
2021 $2,527 $234,100 $118,400 $115,700
2020 $2,940 $222,000 $66,800 $155,200
2019 $2,103 $216,300 $100,400 $115,900
2018 $2,619 $180,300 $79,700 $100,600
2017 $1,988 $136,550 $37,250 $99,300
2016 $1,797 $122,050 $42,050 $80,000
2014 -- $120,650 $42,050 $78,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1832773

Northwest Multiple Listing Service (NWMLS)

APN: 71107800200