NOT LISTED FOR SALE

Estimated Value: $411,352 - $549,000

2 Beds
5 Baths
2,292 Sq Ft
$215/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $472,000 $206 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,825/month

91 Days on Market

Highlights

  • Mountain View
  • 6 Car Garage
  • Wood Siding
  • Zoned Heating
  • Level Lot

About This Home

As of August 2023

A 3bed/2bath home and 2-2 bed apartments - Potential of at least 5 units on property; check with city for zoning. Shared laundry on site. House has w/d hook ups for personal use. Property is being sold as-is. Newly renovated Apt.#2. Great investment opportunity and consistent income with solid tenants. Plumbing and electrical ready for connection to a 4th unit on the property. Property has been active with 5 units prior to current owner. Decommissioned Mobile home/storage currently of no value-not reflected in sale (Electric and plumbing has been capped-no water heater). Address of house-2015 and apts: 2015.5 #1, #2; all three units included. Great location, low price, ready to go! PLEASE DO NOT DISTURB TENANTS. SELLER IS MOTIVATED! Showing-Must post a 24 hr Notice.

Last Agent to Sell the Property

Becki Trowbridge

eXp Realty LLC License #201207314 Listed on: 03/23/2023

eXp Realty LLC

Last Buyer's Agent

Susan Mills

Emerald Valley Real Estate License #960800171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,707

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • Level Lot

Parking

  • 6 Car Garage
  • Open Parking

Property Views

  • Mountain
  • Seasonal

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,292 Sq Ft Home
  • Crawl Space

Schools

  • Douglas Gardens Elementary School
  • Hamlin Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, ground maintenance, sewer, water
  • Assessor Parcel Number 0333565

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $9,407
  • Gross Income $37,800
  • Net Operating Income $28,393

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,707

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1941
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 472000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None, Other
  • Storage: Locked,None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,Plywood,T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Disclosures: Disclosure
  • Roof: Metal
  • View: Mountain,Seasonal

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle Or Junior School: Hamlin

Lot Info

  • Zoning: LMI
  • Parcel #: 0333565

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2707.23

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.7
  • Annual Gross Income: 37800.0
  • Property Net Operating Income: 28393.0
  • Annual Operating Expense: 9407.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2023
Closed on
Jul 18, 2023
Sold by
R & R Real Estate Llc
Bought by
Douglass Allyson Janell
Seller's Agent
Becki Trowbridge
eXp Realty LLC
Buyer's Agent
Susan Mills
Emerald Valley Real Estate
List Price
$500,000
Sold Price
$472,000
Premium/Discount to List
-$28,000
-5.6%
Views
447
Current Estimated Value
$492,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,838
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Mar 13, 2020
Sold by
Trowbridge Lee Ray and Trowbridge Becki J
Bought by
R & R Real Estate Llc

Purchase Details

Listed on
Jul 5, 2016
Closed on
Nov 21, 2016
Sold by
Mainwaring Apartments Llc
Bought by
R & R Real Estate Llc
Seller's Agent
Becki Trowbridge
eXp Realty LLC
Buyer's Agent
Becki Trowbridge
eXp Realty LLC
List Price
$180,000
Sold Price
$161,000
Premium/Discount to List
-$19,000
-10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.08%
Original Mortgage
$157,500
Interest Rate
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2008
Sold by
Mainwaring Sam Arnold and Mainwaring Emmalee
Bought by
Mainwaring Apartments Llc
Source: Public Records
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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
Douglass Allyson Janell $472,000 Evergreen Land Title
R & R Real Estate Llc -- Cascade Title Co
R & R Real Estate Llc $161,000 Cascade Title Company
Mainwaring Apartments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R & R Real Estate Llc $157,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2023 08/22/23 Sold $472,000 -1.7% $206 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $480,000 -4.0% $209 / Sq Ft
03/23/2023 03/23/23 For Sale $500,000 +210.6% $218 / Sq Ft
11/30/2016 11/30/16 Sold $161,000 -10.6% $70 / Sq Ft View Prior Sale
08/16/2016 08/16/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $180,000 -- $79 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $2,971 $162,026 -- --
2024 $2,923 $157,307 -- --
2023 $2,923 $152,726 -- --
2022 $2,707 $148,278 $0 $0
2021 $2,659 $143,960 $0 $0
2020 $2,581 $139,767 $0 $0
2019 $2,503 $135,697 $0 $0
2018 $2,360 $127,908 $0 $0
2017 $2,269 $127,908 $0 $0
2016 $2,222 $124,183 $0 $0
2015 $2,158 $120,566 $0 $0
2014 $2,126 $117,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23577163

Regional Multiple Listing Service (RMLS)

APN: 0333565