Listed by Arrow Real Estate & Prop Mgmt, Bought with Keller Williams Realty Bothell
NOT LISTED FOR SALE
8 Beds
4 Baths
7,601 Sq Ft
1967 Built

Sale Details

Date Sold: November 10, 2022

Last sale price $470,000 $62 Per Sq Ft

1 Day on Market

Highlights

  • No HOA
  • Views
  • High Speed Internet
  • Thermal Windows
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of November 2022

4 PLEX, desirable rental building location in west Longview, Investors bring offers, great investment opportunity! Good rental history with a low vacancy rate, great cap rate to. The rents are reasonable but are lower than market and have room for raising closer or up to market. 4 two bedroom 1 bath apartments fully rented and maintained, coin op laundry room with 4 tenant storage closets. Buyer to verify all to satisfaction. Add this one to your portfolio today!

Last Agent to Sell the Property

Troy Sabelli

Arrow Real Estate & Prop Mgmt License #23599 Listed on: 10/20/2022

Last Buyer's Agent

Edward Gillis

Keller Williams Realty Bothell License #43135

Keller Williams Realty Bothell

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2009621

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1967

Lot Details

  • 7,601 Sq Ft Lot
  • Lot Dimensions are 76x100x76x100
  • Street terminates at a dead end
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 7,601 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank
  • Vinyl

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Columbia Valley Gardens Condos
  • West Longview Subdivision

Listing and Financial Details

  • Legal Lot and Block 13C-1A / 33
  • Assessor Parcel Number 0-312102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1967

Lot Details

7,601 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1967
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Columbia Valley Gardens
  • New Construction: No
  • Structure Type: Quadruplex
  • CalculatedSquareFootage: 7601
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition, Flat, Torch Down
  • View: See Remarks
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City Of Longview
  • WaterCompany: City Of Longview

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 0-312102
  • Lot Size Acres: 0.1745
  • Lot Size: 76x100x76x100
  • Lot Size Sq Ft: 7601
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family
  • LotNumber: 13C-1A

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11.18
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 3724

Tax Info

  • Year: 2021
  • Tax Annual Amount: 3383

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 683
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Nov 9, 2022
Sold by
Craig Allyn and Craig Maria
Bought by
Seller's Agent
Troy Sabelli
Arrow Real Estate & Prop Mgmt
Buyer's Agent
Edward Gillis
Keller Williams Realty Bothell
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Views
7

Purchase Details

Listed on
Nov 6, 2015
Closed on
Mar 10, 2016
Sold by
Banchero Robert F and Banchero Colleen P
Bought by
Craig Allyn and Craig Maria
Seller's Agent
Mike Wallin
Keller Williams-Premier Prtnrs
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$146,250
Interest Rate
3.79%
Mortgage Type
Commercial
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$470,000 Wfg National Title
Craig Allyn $195,000 Cowlitz County Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $146,250
Previous Owner Banchero Colleen P $116,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2022 11/10/22 Sold $470,000 -6.0% $62 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/20/2022 10/20/22 For Sale $500,000 +156.4% $66 / Sq Ft
03/15/2016 03/15/16 Sold $195,000 -13.3% $63 / Sq Ft View Prior Sale
01/26/2016 01/26/16 Pending -- -- --
11/06/2015 11/06/15 For Sale $225,000 -- $73 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,735 $429,240 $52,620 $376,620
2024 $3,735 $380,120 $52,620 $327,500
2023 $3,510 $364,520 $52,620 $311,900
2022 $3,383 $352,530 $52,620 $299,910
2021 $3,047 $315,700 $52,620 $263,080
2020 $2,632 $263,080 $52,620 $210,460
2019 $2,068 $237,600 $36,000 $201,600
2018 $2,477 $180,000 $36,000 $144,000
2017 $2,044 $180,000 $36,000 $144,000
2016 $1,923 $150,000 $30,000 $120,000
2015 $2,094 $150,000 $30,000 $120,000
2013 -- $150,000 $30,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2009621

Northwest Multiple Listing Service (NWMLS)
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