Listed by RE/MAX Eastside Brokers, Inc., Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $783,000 - $953,351

7 Beds
4 Baths
3,000 Sq Ft
$296/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $760,000 $253 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,668/month

13 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Partially Fenced Property

About This Home

As of March 2021

INVESTOR ALERT! Great 4-plex opportunity in Auburn. Well-maintained and consistently rented, each unit has living room/kitchen/dining area along with individual water heaters and attached decks. Three units are 2/1 and fourth unit is 1/1. Plenty of assigned parking. Dead-end location for extra privacy and security. Coin-operated laundry for additional income.

Last Agent to Sell the Property

Andres Atencio

RE/MAX Eastside Brokers, Inc. License #84669 Listed on: 02/21/2021

Last Buyer's Agent

Roger Singh

Skyline Properties, Inc. License #134743

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1730767

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1978

Lot Details

  • 8,801 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • Deck
  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5125400445

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,766

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3000
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 343

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Auburn
  • WaterCompany: Auburn
  • WaterSewerGarbage: 4320

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 5125400445
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8801
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 4515

Multi Family

  • Gross Scheduled Income: 54180
  • Net Operating Income: 40014
  • Number Of Units Total: 4
  • Electric Expense: 480
  • Insurance Expense: 1200
  • Leasable Area: 3000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5766

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Mar 25, 2021
Sold by
Ground Start 4 Llc
Bought by
Khalsa Amarpreet S and Singh Surinderjeet
Seller's Agent
Andres Atencio
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Roger Singh
Skyline Properties, Inc.
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Current Estimated Value
$888,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,088
Avg. Annual Appreciation
6.04%
Original Mortgage
$608,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2021
Closed on
Feb 1, 2021
Sold by
Atencio Wendi
Bought by
Ground Start 4 Llc
Seller's Agent
Andres Atencio
RE/MAX Eastside Brokers, Inc.
Buyer's Agent
Roger Singh
Skyline Properties, Inc.
List Price
$750,000
Sold Price
$760,000
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
$608,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2020
Sold by
Atencio Andres and Atencio Wendi
Bought by
Atencio Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2019
Sold by
Atencio Wendi
Bought by
Ground Start 4 Llc

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 21, 2019
Sold by
Atencio Andres and Atencio Wendi M
Bought by
Atencio Wendi M
Buyer's Agent
Amnon Bruck
Realogics Sotheby's Int'l Rlty
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$402,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Feb 22, 2019
Closed on
Feb 12, 2019
Sold by
Auburnwood Llc
Bought by
Ground Start 4 Llc
Buyer's Agent
Amnon Bruck
Realogics Sotheby's Int'l Rlty
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 21, 2006
Sold by
Fields Aletha J
Bought by
Auburnwood Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Khalsa Amarpreet S $760,000 Rainier Title
Ground Start 4 Llc -- Accommodation
Atencio Wendi -- Rainier Title
Atencio Wendi -- Rainier Title
Ground Start 4 Llc -- None Available
Atencio Wendi M -- Rainier Title
Atencio Wendi M -- Rainier Title
Ground Start 4 Llc $420,000 Rainier Title
Auburnwood Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Surinderjeet $2,785,000
Closed Khalsa Amarpreet S $608,000
Previous Owner Atencio Wendi $397,000
Previous Owner Atencio Wendi M $402,000
Previous Owner Ground Start 4 Llc $389,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $760,000 +1.3% $253 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $750,000 0.0% $250 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $750,000 +78.6% $250 / Sq Ft
02/22/2019 02/22/19 Sold $420,000 0.0% $140 / Sq Ft
02/22/2019 02/22/19 For Sale $420,000 -- $140 / 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 $9,156 $774,000 $88,000 $686,000
2023 $9,901 $810,000 $88,000 $722,000
2022 $7,388 $730,000 $90,000 $640,000
2021 $7,229 $554,000 $80,000 $474,000
2020 $5,766 $513,000 $80,000 $433,000
2018 $4,774 $361,000 $80,000 $281,000
2017 $4,989 $298,000 $80,000 $218,000
2016 $5,584 $315,000 $80,000 $235,000
2015 -- $381,000 $75,000 $306,000
2014 -- $288,000 $75,000 $213,000
2013 -- $270,000 $75,000 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1730767

Northwest Multiple Listing Service (NWMLS)

APN: 512540-0445