Listed by Real Broker LLC, Bought with Yelm Windermere
NOT LISTED FOR SALE

19723 Isabella Ln SW Unit 19723 Rochester, WA 98579

Grand Mound Neighborhood

Estimated Value: $566,000 - $1,289,000

6 Beds
4 Baths
2,614 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $500,000 $191 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,143/month

2 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of July 2021

What an incredible opportunity to own this ideal Duplex! Long term tenant on one side and tenant on other side has been given 60 days notice. Perfect for owner-occupied or rent the vacant side to a new tenant. Rents are lower than the current market would allow. The tenants love it here because the location and units are so desirable. Close to the freeway, perfectly situated for heading north or south. Large yards give tenants privacy and space to enjoy the outdoors. Inside, each room is incredibly spacious, including the oversized master bedroom with ensuite, and the kitchen with an abundance of cabinet space. Happy tenants make happy landlords!

Last Agent to Sell the Property

Charity Slawter

Real Broker LLC License #23006595 Listed on: 05/10/2021

Real Broker LLC

Last Buyer's Agent

Holly Kappert

Yelm Windermere License #27943

Yelm Windermere

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1771885

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Year Built

  • Built in 2006

Lot Details

  • 0.28

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • 1 Covered Space
  • Open Parking

Additional Features

  • 1-Story Property
  • 0.28 Acre Lot

Community Details

  • Rochester Subdivision

Listing and Financial Details

  • Assessor Parcel Number 62610000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2006
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None
  • Cumulative Days on Market: 334

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Rochester

Lot Info

  • Parcel Number: 62610000400
  • Lot Size Acres: 0.2762
  • Lot Size Sq Ft: 12031
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 2470

Multi Family

  • Gross Scheduled Income: 29640
  • Net Operating Income: 24831
  • Number Of Units Total: 2
  • Insurance Expense: 692
  • Leasable Area: 2622
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4117

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2021
Sold by
Srivastava Veerendra Kumar
Bought by
Shreem Llc
Current Estimated Value
$684,897

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 12, 2021
Sold by
Gundersen Arne and Gundersen Rose
Bought by
Srivastava Veerendra Kumar
Seller's Agent
Charity Slawter
Real Broker LLC
Buyer's Agent
Holly Kappert
Yelm Windermere
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$325,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 21, 2021
Sold by
Gundersen Arne and Gundersen Rose
Bought by
Gundersen Arne and Gundersen Rose
Seller's Agent
Charity Slawter
Real Broker LLC
Buyer's Agent
Holly Kappert
Yelm Windermere
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2021
Sold by
Gundersen Arne E and Gundersen Rose C
Bought by
Gundersen Arne E and Gundersen Rose C

Purchase Details

Closed on
Apr 8, 2021
Sold by
Arne Gundersen Buildings Llc
Bought by
Gundersen Arne and Gundersen Rose

Purchase Details

Closed on
Jul 17, 2015
Sold by
Gundersen Arne and Gundersen Rose
Bought by
Arne Gundersen Buildings Llc

Purchase Details

Closed on
Mar 22, 2011
Sold by
Arne Gundersen Buildings Llc
Bought by
Gundersen Arne and Gundersen Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,300
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2008
Sold by
Gundersen Arne and Gundersen Rose
Bought by
Arne Gundersen Dental Building Llc

Purchase Details

Closed on
Apr 29, 2008
Sold by
Misty Meadows Llc
Bought by
Gunderson Arne E and Gundersen Rose C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,560
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2006
Sold by
Culp Loren D and Culp Barbara
Bought by
Misty Meadows Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Shreem Llc -- None Available
Srivastava Veerendra Kumar $500,000 Chicago Title Company Of Wa
Gundersen Arne -- Chicago Title Company Of Wa
Gundersen Arne E -- None Available
Gundersen Arne -- None Available
Arne Gundersen Buildings Llc -- None Available
Gundersen Arne -- None Available
Arne Gundersen Dental Building Llc -- None Available
Gunderson Arne E $285,700 Stewart Title Of Western Was
Misty Meadows Llc -- Thurston County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Srivastava Veerendra Kumar $325,000
Previous Owner Gundersen Arne E $226,300
Previous Owner Gunderson Arne E $228,560
Previous Owner Misty Meadows Llc $224,000
Previous Owner Culp Loren D $860,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $500,000 +3.1% $191 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $485,000 -- $186 / 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 $4,321 $517,900 $203,700 $314,200
2023 $4,321 $495,200 $197,800 $297,400
2022 $3,496 $477,600 $179,900 $297,700
2021 $4,117 $335,500 $110,900 $224,600
2020 $4,669 $366,700 $66,300 $300,400
2019 $3,503 $347,400 $124,800 $222,600
2018 $3,842 $266,900 $90,000 $176,900
2017 $3,158 $220,400 $39,600 $180,800
2016 $3,227 $200,450 $48,250 $152,200
2014 -- $221,450 $48,250 $173,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1771885

Northwest Multiple Listing Service (NWMLS)

APN: 62610000400