Seller's Agent in 2021
Peter Henry
NetWorks Real Estate, LLC
(360) 791-6240
142 Total Sales
Listed by Networks Real Estate LLC, Bought with The Foundation Group LLC
18420 Old Highway 99 SW Rochester, WA 98579
Estimated Value: $809,000 - $2,831,000
12
Beds
4
Baths
19,072
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- Territorial View
- Wall to Wall Carpet
- 1-Story Property
- Wood Siding
About This Home
As of November 2021THE PERFECT INVESTMENT...16 UNITS IN UP AND COMING GRAND MOUND AREA. HARD TO FIND 3 BED 1.5 BATH UNITS with large backyards. 8 meticulously maintained duplexes with many featuring updates and upgrades. 2 class B wells supply the unlimited water. Roofs all between 1-12 years old and the plumbing has been upgraded as well. Big DRY BOX storage unit too! Locking mailboxes for added security. 15 years ago Grand Mound was an exit with a gas station...now it's thriving with NEW businesses such as Great Wolf Lodge, Burger King, Talking Cedar Distillery and many more. Many rents below market. Room to grow here! Just a nice place to live as evidenced by virtually non existent vacancy rate.
Last Agent to Sell the Property
Networks Real Estate LLC License #47516 Listed on: 08/19/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1825616
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,478
Year Built
- Built in 1978
Lot Details
- 6.43 Acre Lot
- Property is in good condition
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 19,072 Sq Ft Home
- 1-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Parking
- 48 Parking Spaces
- 16 Covered Spaces
- Open Parking
Outdoor Features
- Outbuilding
Schools
- Grand Mound Elementary School
- Rochester Mid Middle School
- Rochester High School
Utilities
- Well
- Septic Tank
- Cable TV Available
Community Details
- Rochester Subdivision
Listing and Financial Details
- Assessor Parcel Number 12505210405
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2021
Closed on
Nov 15, 2021
Sold by
Mcclintock Duplexes Llc
Bought by
Miller Munroe Properties Llc
Seller's Agent
Peter Henry
Networks Real Estate LLC
Buyer's Agent
Ethan Szmania
The Foundation Group LLC
List Price
$3,000,000
Sold Price
$2,925,000
Premium/Discount to List
-$75,000
-2.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,385,667
Avg. Annual Appreciation
-25.80%
Original Mortgage
$2,340,000
Outstanding Balance
$1,617,723
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
-$676,390
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Munroe Properties Llc | $2,922,600 | First American Ncs |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Munroe Properties Llc | $2,340,000 | |
| Previous Owner | Mcclintock Duplexes Llc | $260,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/29/2021 11/29/21 | Sold | $2,925,000 | -2.5% | $153 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | For Sale | $3,000,000 | -- | $157 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History Compared to Growth
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 | $5,832 | $846,500 | $271,600 | $574,900 |
| 2023 | $5,832 | $661,500 | $147,300 | $514,200 |
| 2022 | $4,950 | $616,600 | $101,300 | $515,300 |
| 2021 | $6,284 | $470,100 | $81,200 | $388,900 |
| 2020 | $5,594 | $556,400 | $112,400 | $444,000 |
| 2019 | $4,840 | $410,000 | $78,500 | $331,500 |
| 2018 | $4,796 | $327,800 | $56,700 | $271,100 |
| 2017 | $4,858 | $336,650 | $64,450 | $272,200 |
| 2016 | $3,838 | $313,400 | $45,100 | $268,300 |
| 2014 | -- | $258,050 | $48,350 | $209,700 |
Source: Public Records
Agents Affiliated with this Home
-
Peter Henry
-
Ethan Szmania
Buyer's Agent in 2021
Ethan Szmania
The Foundation Group LLC
(206) 774-5419
31 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1825616
APN: 12505210405
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Based on information submitted to the MLS GRID
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