Listed by eXp Realty, Bought with The Preview Group
NOT LISTED FOR SALE

Estimated Value: $888,000 - $1,124,000

8 Beds
4 Baths
4,096 Sq Ft
$252/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $740,000 $181 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,294/month

11 Days on Market

About This Home

As of December 2019

Great investment opportunity! Month to month tenants all paying below market rents. Ample parking for tenants with additional guest parking. Each unit has a fenced back yard and comes with washer/dryer hookups. Convenient location to Hwy 167, shopping and many other services, 3 of the 4 units have newer kitchens and flooring, Wood burning fireplaces add to the units' charm.

Last Agent to Sell the Property

Jamal Id Brahim

eXp Realty License #138446 Listed on: 10/31/2019

eXp Realty

Last Buyer's Agent

Maikele Mengesha

The Preview Group License #2034

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1537140

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,135

Year Built

  • Built in 1981

Lot Details

  • 8,805 Sq Ft Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Parking

  • 10 Parking Spaces
  • Open Parking

Schools

  • Dick Scobee Elementary School
  • Cascade Mid Middle School
  • Mountainview High School

Additional Features

  • 2-Story Property
  • Patio

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Legal Lot and Block 38-41 / 1
  • Assessor Parcel Number 5125400192

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,135

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: 17
  • New Construction: No
  • CalculatedSquareFootage: 0
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Auburn
  • High School: Mountainview High
  • Middle Or Junior School: Cascade Mid

Lot Info

  • Parcel Number: 5125400192
  • Lot Size Acres: 0.2021
  • Lot Size Sq Ft: 8805
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningClass: Multi-Family
  • LotNumber: 38-41

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: None
  • TotalMonthlyIncome: 4600

Tax Info

  • Year: 2019
  • Tax Annual Amount: 6135

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Dick Scobee Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2024
Sold by
Weldemicael Medhin
Bought by
Gebreselassie Tedros
Current Estimated Value
$1,030,619

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 13, 2019
Sold by
Asgedom Simret
Bought by
Gebreselassie Tedros
Seller's Agent
Jamal Id Brahim
eXp Realty
Buyer's Agent
Maikele Mengesha
The Preview Group
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$492,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2019
Closed on
Dec 11, 2019
Sold by
Burns Larry L and Burns Kathy M
Bought by
Gebreselassie Tedros and Weldemicael Medhin
Seller's Agent
Jamal Id Brahim
eXp Realty
Buyer's Agent
Maikele Mengesha
The Preview Group
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2003
Sold by
Thornton Mikal D and Thornton Lesley K
Bought by
Burns Larry L and Burns Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.73%

Purchase Details

Closed on
Dec 29, 1998
Sold by
York Larry S and York Ruta A
Bought by
Thornton Mikal D and Thornton Lesley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gebreselassie Tedros $225,864 None Listed On Document
Gebreselassie Tedros $225,864 None Listed On Document
Gebreselassie Tedros -- First American Title
Gebreselassie Tedros $740,000 First American Title
Burns Larry L $22,000 Transnation Ti
Thornton Mikal D $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gebreselassie Tedros $492,000
Previous Owner Burns Larry L $225,000
Previous Owner Thornton Mikal D $169,600
Closed Thornton Mikal D $21,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $740,000 -1.3% $181 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $750,000 -- $183 / 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 $10,208 $861,000 $88,000 $773,000
2023 $11,292 $924,000 $88,000 $836,000
2022 $9,542 $838,000 $90,000 $748,000
2021 $9,101 $720,000 $80,000 $640,000
2020 $8,199 $649,000 $80,000 $569,000
2018 $6,693 $489,000 $80,000 $409,000
2017 $5,992 $425,000 $80,000 $345,000
2016 $5,441 $380,000 $80,000 $300,000
2015 -- $367,000 $75,000 $292,000
2014 -- $352,000 $75,000 $277,000
2013 -- $344,000 $75,000 $269,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1537140

Northwest Multiple Listing Service (NWMLS)

APN: 512540-0192