Listed by Coldwell Banker Danforth, Bought with Redfin
NOT LISTED FOR SALE

Estimated Value: $632,000 - $683,000

6 Beds
4 Baths
2,290 Sq Ft
$287/Sq Ft Est. Value

Last Sold June 08, 2022

Last sale price $750,000 $328 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $4,111/month

5 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Property is Fully Fenced
  • No HOA

About This Home

As of June 2022

Excellent Investment Opportunity!!! This Townhome Style Duplex offers 3 bedrooms, 1.5 bathrooms, utility room and 1 car garage per unit. Both units are spacious, well maintained and updated throughout with gorgeous laminate flooring, 3 panel doors & vinyl windows. Features for each unit include: Totally open-concept kitchen with eating bar, dining room with slider to trex-style deck with oversized awning. 3 upper-level bedrooms, continental full bathroom and fully fenced yards. Additional features include: Hardie Panel siding, trex-style deck at entry, convenient location with easy access to freeways, shops, and restaurants. Rents are current with established (2+ years) month-to-month tenants! Tenants pay utilities.

Last Agent to Sell the Property

Tracy Thesenvitz

Coldwell Banker Danforth License #8913 Listed on: 05/04/2022

Coldwell Banker Danforth

Last Buyer's Agent

Anthony Teeter

Redfin License #21007944

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1927487

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,769

Year Built

  • Built in 1988

Lot Details

  • 7,187 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 2,290 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5336300050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,769

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1988
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2290
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate Tile, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • 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: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 5336300050
  • Lot Size Acres: 0.165
  • Lot Size Sq Ft: 7187
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,High Speed Internet
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 47880

Multi Family

  • Gross Scheduled Income: 47880
  • Net Operating Income: 41311
  • Number Of Units Total: 2
  • Insurance Expense: 800
  • Leasable Area: 2290
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jun 2, 2022
Sold by
Coddington Kenneth J
Bought by
Ogu Paulinus
Seller's Agent
Tracy Thesenvitz
Coldwell Banker Danforth
Buyer's Agent
Anthony Teeter
Redfin
List Price
$725,000
Sold Price
$750,000
Premium/Discount to List
$25,000
3.45%
Current Estimated Value
$657,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,004
Avg. Annual Appreciation
-3.83%
Original Mortgage
$525,000
Outstanding Balance
$498,749
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$159,247

Purchase Details

Closed on
Dec 20, 1999
Sold by
Peterson Ronald W and Peterson Barbara L
Bought by
Coddington Keneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.68%
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
Ogu Paulinus $750,000 Fidelity National Title
Coddington Keneth J $170,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogu Paulinus $525,000
Previous Owner Coddington Keneth J $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2022 06/08/22 Sold $750,000 +3.4% $328 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $725,000 -- $317 / 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 $7,475 $626,000 $187,000 $439,000
2023 $6,707 $539,000 $150,000 $389,000
2022 $6,008 $563,000 $163,000 $400,000
2021 $5,769 $447,000 $131,000 $316,000
2020 $5,244 $407,000 $122,000 $285,000
2018 $5,377 $374,000 $82,000 $292,000
2017 $4,846 $342,000 $75,000 $267,000
2016 $4,036 $308,000 $72,000 $236,000
2015 $3,978 $271,000 $67,000 $204,000
2014 -- $259,000 $63,000 $196,000
2013 -- $205,000 $58,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1927487

Northwest Multiple Listing Service (NWMLS)

APN: 533630-0050