Listed by PRO RLTYSRVCS Eastside
NOT LISTED FOR SALE

Estimated Value: $1,074,000 - $1,225,679

12 Beds
4 Baths
4,000 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $258,000 $64 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $7,016/month

7 Days on Market

About This Home

As of May 2014

Fannie Mae owned property. Bring your tool belt and put the work in this one. Great rental potential with this two story 4-plex. Each unit is 3 bedroom 1 bath with washer/dryer hookups in each. Property is in rough shape, but with repairs will bring great return as a rental. 4 garages for added rental income. Close to commuting, schools, and shopping. Don't let this one get away! Buy this property for as little downs as 5%

Last Agent to Sell the Property

Ron Callis

PRO RLTYSRVCS Eastside License #18643 Listed on: 01/28/2014

PRO RLTYSRVCS Eastside

Co-Listed By

David Newberry

Newberry Realty, Inc. License #13904

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 587318

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,761

Year Built

  • Built in 1974

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac

Home Design

  • Quadruplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Parking

  • 8 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2891740040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,761

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4000
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2891740040
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 4
  • LeasedItems: None
  • TotalMonthlyIncome: 3700

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5761

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Simon Kyle and Wa Prop 2 Llc
Bought by
Simon Kyle
Current Estimated Value
$1,156,560

Purchase Details

Closed on
Jan 25, 2023
Sold by
Cooper David L
Bought by
Wa Prop 2 Llc

Purchase Details

Listed on
Jan 28, 2014
Closed on
Apr 18, 2014
Sold by
Fannie Mae
Bought by
Cooper David L
Seller's Agent
Ron Callis
PRO RLTYSRVCS Eastside
List Price
$200,000
Sold Price
$258,000
Premium/Discount to List
$58,000
29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$388,548
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2013
Sold by
Brooks Julie A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2004
Sold by
Nguyen Thanh M and Lu Melissa J
Bought by
Brooks Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,600
Interest Rate
5.62%

Purchase Details

Closed on
Dec 17, 2001
Sold by
Nguyen Thanh M and Lu Melissa June
Bought by
Nguyen Thanh M and Lu Melissa June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.57%

Purchase Details

Closed on
Nov 23, 2001
Sold by
Potter Terry A and Potter Rebecca J
Bought by
Nguyen Thanh M and Lu Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Siler Merle R and Colson Nancy F
Bought by
Potter Terry A and Potter Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
8.15%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Simon Kyle $313 None Listed On Document
Wa Prop 2 Llc $809,450 Old Republic Title
Cooper David L -- First American
Federal National Mortgage Association $417,799 None Available
Brooks Julie A -- Pacific Nw Tit
Nguyen Thanh M -- --
Nguyen Thanh M $365,000 Stewart Title
Potter Terry A $255,000 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper David L $388,548
Previous Owner Brooks Julie A $321,600
Previous Owner Nguyen Thanh M $292,000
Previous Owner Potter Terry A $190,000
Closed Nguyen Thanh M $54,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $258,000 +29.0% $65 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $200,000 -- $50 / 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 $11,034 $923,000 $162,800 $760,200
2023 $11,525 $939,000 $162,800 $776,200
2022 $9,996 $917,000 $90,000 $827,000
2021 $9,441 $752,000 $80,000 $672,000
2020 $9,207 $671,000 $80,000 $591,000
2018 $7,231 $569,000 $80,000 $489,000
2017 $7,199 $458,000 $80,000 $378,000
2016 $6,284 $459,000 $80,000 $379,000
2015 $5,412 $425,000 $75,000 $350,000
2014 -- $351,000 $75,000 $276,000
2013 -- $338,000 $75,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 587318

Northwest Multiple Listing Service (NWMLS)

APN: 289174-0040