Listed by Coldwell Banker Bain, Bought with Matrix Real Estate, LLC
NOT LISTED FOR SALE

Estimated Value: $581,000 - $621,000

4 Beds
2 Baths
1,910 Sq Ft
$316/Sq Ft Est. Value

Last Sold April 05, 2017

Last sale price $275,000 $144 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,788/month

35 Days on Market

Highlights

  • Patio
  • Property is Fully Fenced
  • Wall to Wall Carpet
  • Open Space
  • Wood Siding
  • 4-minute walk to Dykstra Park

About This Home

As of April 2017

Great income producer. Great location and a great Duplex in highly desirable Auburn neighborhood....Both units are just shy of 1000sqft each good happy tenants. Unit A has been recently extensively remodeled and unit B remodeled within the last 3 years. They still need a bit of upgrading but are well on their way. Increase in rents are due to be in place in April.

Last Agent to Sell the Property

Steve Baumann

Coldwell Banker Bain License #40756 Listed on: 02/21/2017

Last Buyer's Agent

Patricia Love

Matrix Real Estate, LLC License #10878

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1081011

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,791

Year Built

  • Built in 1968

Lot Details

  • 6,500 Sq Ft Lot
  • Open Space
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces

Outdoor Features

  • Patio

Utilities

  • Private Water Source
  • Cable TV Available

Community Details

  • Green River Village Condos
  • Auburn Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 1 plat block
  • Assessor Parcel Number 2891700050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,791

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1968
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Green River Village
  • New Construction: No
  • CalculatedSquareFootage: 1910
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Total Parking Spaces: 2
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Private
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: AUBURN
  • WaterCompany: AUBURN
  • WaterSewerGarbage: 2500

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2891700050
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: COUNTY
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 15414
  • Number Of Units Total: 2
  • Insurance Expense: 600
  • Leasable Area: 1910
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 3791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 4, 2017
Sold by
Talum Cynthia Lee
Bought by
Zhu Ming and Zhu Mei
Seller's Agent
Steve Baumann
Coldwell Banker Bain
Buyer's Agent
Patricia Love
Matrix Real Estate, LLC
List Price
$310,000
Sold Price
$275,000
Premium/Discount to List
-$35,000
-11.29%
Current Estimated Value
$603,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,492
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Reimer Roger A and Reimer Ann I
Bought by
Tatum Cynthia Lee

Purchase Details

Closed on
Apr 23, 2007
Sold by
Pacific Property & Investments Inc
Bought by
Reimer Roger A and Reimer Ann I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,760
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Langdon Keith A
Bought by
Pacific Property & Investments Inc

Purchase Details

Closed on
Jul 26, 2001
Sold by
Beltran Walker Lisa M and Walker Carl
Bought by
Langdon Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,910
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1994
Sold by
Bailey Richard J and Bailey Lavonne B
Bought by
Beltran Lisa M and Petty Jodee D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,121
Interest Rate
8.57%
Mortgage Type
FHA
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
Zhu Ming $275,000 Chicago Title
Tatum Cynthia Lee $235,000 Rainier Title
Reimer Roger A $285,950 Commonwealth L
Pacific Property & Investments Inc -- --
Langdon Keith A $150,000 Fidelity National Title Co
Beltran Lisa M $120,100 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reimer Roger A $228,760
Previous Owner Langdon Keith A $147,910
Previous Owner Beltran Lisa M $119,121
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2017 04/05/17 Sold $275,000 -11.3% $144 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $310,000 -- $162 / 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 $6,908 $577,000 $156,000 $421,000
2023 $6,317 $507,000 $125,000 $382,000
2022 $5,665 $530,000 $136,000 $394,000
2021 $5,448 $421,000 $109,000 $312,000
2020 $4,956 $383,000 $102,000 $281,000
2018 $4,792 $330,000 $87,000 $243,000
2017 $4,320 $302,000 $80,000 $222,000
2016 $3,791 $272,000 $77,000 $195,000
2015 $3,739 $253,000 $71,000 $182,000
2014 -- $242,000 $67,000 $175,000
2013 -- $185,000 $61,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1081011

Northwest Multiple Listing Service (NWMLS)

APN: 289170-0050