Listed by Multifamily Properties, Bought with John L. Scott, Inc
NOT LISTED FOR SALE

Estimated Value: $710,000 - $744,000

6 Beds
4 Baths
2,880 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $755,000 $262 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,525/month

7 Days on Market

Highlights

  • No HOA
  • Patio
  • High Speed Internet
  • Cul-De-Sac
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

As of February 2024

Don't buy a condo, townhome or single family home--buy a duplex! This is a solid opportunity for investors or house-hackers to add to your portfolio or acquire your 1st investment prop. The duplex has rare larger 3-bd/2.5-ba units at 1440sq ft. Nice townhome-style floorplans. Market rent is approx $2450, buyer to verify. Unit A was completely updated in 2023 & left vacant for an owner-occ buyer. Unit B tenants are M2M (been there 10+ yrs) & are well under market rent. The property operates on very lean expenses for the owner. Both sides have sep meters for all utilities & each unit pays their utilities. Spacious, fenced backyards. Shed incl for Unit A. Convenient access to HWYs 18/167. Only 5min to Sound Train Station = 28min ride to SEA.

Last Agent to Sell the Property

Brandon Vukelich

Multifamily Properties License #27939 Listed on: 01/03/2024

Last Buyer's Agent

Masihullah Tanin

John L. Scott, Inc License #21014376

John L. Scott, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2187722

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,258

Year Built

  • Built in 2000

Lot Details

  • 9,867 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

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

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5422400250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,258

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2880
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • CableConnected: Xfinity
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5422400250
  • Lot Size Acres: 0.2265
  • Lot Size Sq Ft: 9867
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 40.36
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Multi Family

  • Gross Scheduled Income: 19200
  • Net Operating Income: 10218
  • Number Of Units Total: 2
  • Insurance Expense: 1724
  • Leasable Area: 2880
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7258

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jan 29, 2024
Sold by
Lee Dennis
Bought by
Yousafzai Fardin and Yousafzai Abeida
Seller's Agent
Brandon Vukelich
Multifamily Properties
Buyer's Agent
Masihullah Tanin
John L. Scott, Inc
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Views
21
Current Estimated Value
$727,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,711
Avg. Annual Appreciation
-1.18%
Original Mortgage
$679,500
Outstanding Balance
$668,155
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$72,410

Purchase Details

Closed on
Sep 24, 2013
Sold by
Zayler Vladimir and Staroverov Svetlana
Bought by
Lee Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Zayler Lyubov
Bought by
Zayler Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Woodward Jeffrey B and Woodward Wendy A
Bought by
Staroverov Pavel and Staroverov Svetlana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
8.2%

Purchase Details

Closed on
Jan 19, 2000
Sold by
Lim Inc Ps
Bought by
Cox James W and Cox Linda K Fuller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.96%
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
Yousafzai Fardin $755,000 Wfg National Title Company Of
Lee Dennis $225,000 First American
Zayler Vladimir -- Commonwealth Land Title
Staroverov Pavel $210,000 Chicago Title Insurance Co
Cox James W $48,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousafzai Fardin $679,500
Previous Owner Lee Dennis $157,500
Previous Owner Zayler Vladimir $203,000
Previous Owner Staroverov Pavel $199,500
Previous Owner Cox James W $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $755,000 -2.6% $262 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $775,000 -- $269 / 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 $8,028 $671,000 $172,000 $499,000
2023 $7,474 $601,000 $138,000 $463,000
2022 $6,703 $628,000 $150,000 $478,000
2021 $6,447 $499,000 $120,000 $379,000
2020 $5,859 $454,000 $112,000 $342,000
2018 $6,358 $443,000 $86,000 $357,000
2017 $5,733 $405,000 $79,000 $326,000
2016 $4,773 $365,000 $76,000 $289,000
2015 $4,706 $321,000 $70,000 $251,000
2014 -- $307,000 $66,000 $241,000
2013 -- $243,000 $60,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2187722

Northwest Multiple Listing Service (NWMLS)

APN: 542240-0250