NOT LISTED FOR SALE

208 W A St Rainier, OR 97048

Estimated Value: $607,000

6 Beds
4 Baths
2,664 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $580,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,849/month

2 Days on Market

Highlights

  • New Construction
  • Cooling Available
  • 4 Car Garage
  • River View
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2023

Newer construction duplex with river views! Perfect to add to your investment portfolio! Quality finishes including luxury vinyl flooring and quartz. Kitchen has quartz counter with full tile backsplash, stainless steel appliances (included), breakfast bar and a pantry. Bathrooms have quartz counters. Each unit has HVAC along with washer and dryer hookups. Walking distance to local stores and restaurants plus access to the walking path along the Columbia River. Separate meters for electricity and water along with separate sewer connections. You could live on one side and rent out the other side! Leg work has been started to convert into a condo which could increase the value of the property for resale purposes. Schedule your tour today!

Last Agent to Sell the Property

Shelby Peterson

Windermere Northwest Living Brokerage Phone: 360-993-2222 License #201233467 Listed on: 10/31/2023

Windermere Northwest Living

Last Buyer's Agent

Kristina Mack

RE/MAX Powerpros License #201251805

RE/MAX Powerpros

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 2022 | New Construction

Lot Details

  • River Front
  • Level Lot

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,664 Sq Ft Home
  • 2-Story Property
  • River Views
  • Crawl Space

Schools

  • Hudson Park Elementary School
  • Rainier Middle School
  • Rainier High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes electricity, sewer, water
  • Assessor Parcel Number 441022

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,000
  • Gross Income $28,200
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,738

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2022
  • Property Condition: NewConstruction
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Waterfront: Yes
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Water Body Name: Columbia River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Roof: Composition
  • View: River

Garage/Parking

  • Parking Description: Garage, GarageDoorOpener
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hudson Park
  • High School: Rainier
  • Middle Or Junior School: Rainier

Lot Info

  • Zoning: City
  • Parcel #: 441022

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2738.16

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.57
  • Annual Gross Income: 28200.0
  • Property Net Operating Income: 3000.0
  • Annual Operating Expense: 8000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2023
Closed on
Nov 3, 2023
Sold by
Ouellette Mathieu and Ouellette Desiree
Bought by
Petersen Nicholas
Seller's Agent
Shelby Peterson
Windermere Northwest Living
Buyer's Agent
Kristina Mack
RE/MAX Powerpros
List Price
$580,000
Sold Price
$580,000
Views
7
Current Estimated Value
$607,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,000
Avg. Annual Appreciation
5.31%
Original Mortgage
$435,000
Outstanding Balance
$429,545
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$202,455
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
Petersen Nicholas $580,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Nicholas $435,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $580,000 0.0% $218 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $580,000 -- $218 / 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
2024 $5,958 $320,660 $63,750 $256,910
2023 $5,875 $311,330 $69,950 $241,380
2022 $2,738 $147,520 $55,640 $91,880
2021 $622 $33,050 $33,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23605177

Regional Multiple Listing Service (RMLS)

APN: 441022