NOT LISTED FOR SALE

Estimated Value: $523,000 - $622,000

4 Beds
2 Baths
2,260 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $531,000 $235 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,686/month

2 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of October 2024

Discover a prime opportunity to own a duplex with significant upside potential. Each Unit features 2-bedrooms, 1.5-bathrooms offering a versatile living arrangement for both owner-occupants and investors.Unit 1: Is in good condition and ready for updates to enhance its appeal.Unit 2: Requires a complete rehab to restore its value and functionality.Roof Replacement: The roof will need to be replaced to ensure long-lasting durability.Back Deck Renovation: The back deck requires repairs or replacement to provide a comfortable outdoor space.

Last Agent to Sell the Property

Tony Gregg

Coldwell Banker Bain License #119020 Listed on: 10/04/2024

Coldwell Banker Bain

Last Buyer's Agent

Andrey Mironets

Skyline Properties, Inc. License #138812

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2298328

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,584

Year Built

  • Built in 1980

Lot Details

  • 9,930 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Meadomoor Condos
  • South Auburn Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / PL
  • Assessor Parcel Number 5422400240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,584

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
  • Building Name: MEADOMOOR
  • New Construction: No
  • CalculatedSquareFootage: 2260
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 233

Interior Features

  • Possible Use: Office
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • 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: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: Auburn
  • WaterCompany: Auburn
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 4680

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: 5422400240
  • Lot Size Acres: 0.228
  • Lot Size Sq Ft: 9930
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Gas Available
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Office
  • LotNumber: 24

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 3.3
  • LeasedItems: None
  • TotalMonthlyIncome: 1425

Multi Family

  • Gross Scheduled Income: 15000
  • Net Operating Income: 7500
  • Number Of Units Total: 2
  • Insurance Expense: 1000
  • Leasable Area: 2260
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2024
  • Tax Annual Amount: 6584

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Oct 22, 2024
Sold by
Myrand Gary S
Bought by
Marchuk Vitaliy and Marchuk Yana
Seller's Agent
Tony Gregg
Coldwell Banker Bain
Buyer's Agent
Andrey Mironets
Skyline Properties, Inc.
List Price
$625,000
Sold Price
$531,000
Premium/Discount to List
-$94,000
-15.04%
Views
5
Current Estimated Value
$559,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,087
Avg. Annual Appreciation
7.94%
Original Mortgage
$504,450
Outstanding Balance
$501,957
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$59,056

Purchase Details

Closed on
Dec 26, 1989
Sold by
Bernstein Ronald F and Bernstein Lucy J
Bought by
Myrand Gary S
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
Marchuk Vitaliy $531,000 Rainier Title
Myrand Gary S $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchuk Vitaliy $504,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $531,000 -15.0% $235 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $625,000 -- $277 / 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 $7,067 $589,000 $172,000 $417,000
2023 $6,584 $528,000 $138,000 $390,000
2022 $5,898 $552,000 $150,000 $402,000
2021 $5,679 $438,000 $120,000 $318,000
2020 $5,175 $399,000 $112,000 $287,000
2018 $5,414 $375,000 $86,000 $289,000
2017 $4,881 $343,000 $79,000 $264,000
2016 $4,070 $309,000 $76,000 $233,000
2015 $4,011 $272,000 $70,000 $202,000
2014 -- $260,000 $66,000 $194,000
2013 -- $206,000 $60,000 $146,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2298328

Northwest Multiple Listing Service (NWMLS)

APN: 542240-0240