Listed by WeLakeside, Bought with Keller Williams Seattle Metro
NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,287,878

8 Beds
4 Baths
3,528 Sq Ft
$311/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $1,120,000 $317 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,817/month

8 Days on Market

Highlights

  • Deck
  • Marble Flooring
  • Patio
  • Secluded Lot
  • Cul-De-Sac
  • 1-minute walk to Dykstra Park

About This Home

As of October 2021

THIS IS A “HARD TO BEAT OPPORTUNITY” TO INVEST IN A SOLID BUSINESS with very Strong Financials and “GOOD CASH FLOW”. Gross Rent Multiplier of 12 & a 6% CAP RATE!! Property is 100% occupied. all units are 2 Bedrooms, 4-plex has 2 Townhouse style units, 1 upstairs unit &1 flat unit. 4 private Garages. Units feature UPGRADED APPLIANCES CROWN MOLDING, GRANITE, MARBLE, LAMINATE, KOHLER SINKS & DESIGNER FAUCETS etc. NEW “Certain Teed’s” Landmark ROOF ! NEW 7-inch GUTTERS! Pride of ownership throughout this property with Gorgeous Landscaping. Don’t miss this rare opportunity!

Last Agent to Sell the Property

Kristin Hood

WeLakeside License #129676 Listed on: 09/12/2021

WeLakeside

Last Buyer's Agent

Gregory Tiffany

Keller Williams Seattle Metro License #85594

Keller Williams Seattle Metro

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1838487

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,041

Year Built

  • Built in 1976

Lot Details

  • 10,713 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Secluded Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,528 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Marble

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2891740290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,041

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1976
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3528
  • Special Features: None
  • Cumulative Days on Market: 350

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Marble, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac, Curbs, Dead End Street, Paved, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2891740290
  • Lot Size Acres: 0.2459
  • Lot Size Sq Ft: 10713
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 6700

Multi Family

  • Gross Scheduled Income: 79998
  • Net Operating Income: 58429
  • Number Of Units Total: 4
  • Electric Expense: 6146
  • Insurance Expense: 1633
  • Leasable Area: 3528
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 9041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2024
Sold by
Living Trust Of Johann V Bernardo and Bernardo Johann V
Bought by
Oplace Llc
Current Estimated Value
$1,098,293

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 20, 2021
Sold by
Albert Dennis A and Albert Gayle C
Bought by
Bernardo Johann V and Living Trust Of Johann V Berna
Seller's Agent
Kristin Hood
WeLakeside
Buyer's Agent
Gregory Tiffany
Keller Williams Seattle Metro
List Price
$973,822
Sold Price
$1,120,000
Premium/Discount to List
$146,178
15.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.53%
Original Mortgage
$502,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 1987
Sold by
Mason George F and Mason Susan K
Bought by
Albert Dennis A and Albert Gayle C
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Oplace Llc $313 First American Title Insurance
Bernardo Johann V $1,120,000 Fidelity National Title
Albert Dennis A $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bernardo Johann V $502,700
Previous Owner Albert Dennis A $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $1,120,000 +15.0% $317 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $973,822 -- $276 / 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 $9,643 $814,000 $107,100 $706,900
2023 $10,175 $826,000 $107,100 $718,900
2022 $9,210 $866,000 $90,000 $776,000
2021 $9,041 $692,000 $80,000 $612,000
2020 $8,398 $643,000 $80,000 $563,000
2018 $7,100 $539,000 $80,000 $459,000
2017 $6,528 $451,000 $80,000 $371,000
2016 $5,683 $415,000 $80,000 $335,000
2015 -- $383,000 $75,000 $308,000
2014 -- $335,000 $75,000 $260,000
2013 -- $328,000 $75,000 $253,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1838487

Northwest Multiple Listing Service (NWMLS)

APN: 289174-0290