NOT LISTED FOR SALE

Estimated Value: $539,000 - $665,000

10 Beds
4 Baths
3,312 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $345,000 $104 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,446/month

378 Days on Market

Highlights

  • Storage
  • Laundry Facilities
  • Level Lot
  • Heating unit installed on the ceiling

About This Home

As of January 2018

INVESTOR ALERT! Great 4-Plex with history of low occupancy rate. 2 Units are 3 bed 1 bath 864 SQ ft and 2 Units are 2 bed 1 bath 792 sq ft. Please do not disturb tenants! New roof and new fence, new vinyl windows, recent updates on 3 units, on-site laundry, large storage area. Conveniently located near bus lines and grocery stores.

Last Agent to Sell the Property

Sandra Boyst

ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201208715 Listed on: 10/19/2016

ICON Real Estate Group

Co-Listed By

Michael Boyst

ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #800200159

Last Buyer's Agent

Brandy Potts

eXp Realty, LLC License #201209039

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1973

Lot Details

  • Level Lot

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,312 Sq Ft Home
  • 2-Story Property
  • Storage

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Schools

  • Mt Vernon Elementary School
  • Agnes Stewart Middle School
  • Thurston High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 0136919

Community Details

Building Details

  • Operating Expense $10,428
  • Gross Income $32,450
  • Net Operating Income $22,022

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,709

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1973
  • Property Attached Yn: No
  • Current Price For Status: 345000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached
  • Total Bedrooms: 10
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Mt Vernon
  • High School: Thurston
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: MD
  • Parcel #: 0136919

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.56
  • Annual Gross Income: 32450.0
  • Property Net Operating Income: 22022.0
  • Annual Operating Expense: 10428.0

Tax Info

  • Tax Annual Amount: 3709.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 11, 2018
Sold by
Koehler Betty G
Bought by
Oakland Alan and Potts Brandy
Seller's Agent
Sandra Boyst
ICON Real Estate Group
Buyer's Agent
Brandy Potts
eXp Realty, LLC
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%
Current Estimated Value
$587,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,720
Avg. Annual Appreciation
6.80%
Original Mortgage
$338,751
Outstanding Balance
$286,803
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$300,917

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 8, 2018
Sold by
Koehler Betty G and Trotter Betty G
Bought by
Oakland Alan and Potts Brandy
Seller's Agent
Sandra Boyst
ICON Real Estate Group
Buyer's Agent
Brandy Potts
eXp Realty, LLC
List Price
$325,000
Sold Price
$345,000
Premium/Discount to List
$20,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Outstanding Balance
$286,803
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$300,917

Purchase Details

Closed on
Jul 6, 2007
Sold by
Arnold Steven J and Arnold Sharon E
Bought by
Trotter Betty G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,250
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 2001
Sold by
Arnold Steven J and Arnold Sharon E
Bought by
Arnold Rental 228 So 53Rd 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
Oakland Alan $345,000 Evergreen Land Title Company
Oakland Alan $345,000 Evergreen Land Title Co
Trotter Betty G $282,500 First American Title
Arnold Steven J -- First American Title
Arnold Rental 228 So 53Rd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakland Alan $338,751
Closed Oakland Alan $338,751
Previous Owner Trotter Betty G $254,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $345,000 +6.2% $104 / Sq Ft
11/01/2017 11/01/17 Pending -- -- --
10/19/2016 10/19/16 For Sale $325,000 -- $98 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,129 $279,718 -- --
2024 $5,046 $271,571 -- --
2023 $5,046 $263,662 -- --
2022 $4,674 $255,983 $0 $0
2021 $4,590 $248,528 $0 $0
2020 $4,456 $241,290 $0 $0
2019 $4,322 $234,263 $0 $0
2018 $4,074 $220,816 $0 $0
2017 $3,917 $220,816 $0 $0
2016 $3,798 $214,384 $0 $0
2015 $3,709 $208,140 $0 $0
2014 $3,670 $202,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16340899

Regional Multiple Listing Service (RMLS)

APN: 0136919

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