NOT LISTED FOR SALE

2401 Lincoln Ave Vancouver, WA 98660

Hough Neighborhood

Estimated Value: $463,000 - $501,000

4 Beds
2 Baths
1,680 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 21, 2020

Last sale price $341,000 $203 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,958/month

2 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 3-minute walk to John Ball Park
  • Washer and Dryer

About This Home

As of May 2020

Lovely Duplex in Hough neighborhood. Great investment property or owner to occupy one side and rent the other. Desirable layout with large living room and great natural light. Adorable kitchen with dining area- walk out the french doors onto the covered front patio. Newer exterior and interior paint and updated flooring (2017). All appliances included.

Last Agent to Sell the Property

Allison Grice

KJK Properties PC License #124476 Listed on: 02/18/2020

Last Buyer's Agent

Jacob Sanchez

Next Generation Real Estate LLC License #129899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1680
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Updated/Remodeled
  • Remarks Public: Lovely Duplex in Hough neighborhood. Great investment property or owner to occupy one side and rent the other. Desirable layout with large living room and great natural light. Adorable kitchen with dining area- walk out the french doors onto the covered front patio. Newer exterior and interior paint and updated flooring (2017). All appliances included.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: #13 OF LOT 9 OF W 1/2 OF SHORT CLAIM BAAP ON THE E LINE OF RAILRO

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Security: None

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Hough
  • Middle School: Discovery
  • High School: Hudsons Bay

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: R-9

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Amount: 2524.95
  • Assessor Parcel Number: 058841000
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.15

MLS Schools

  • Elementary School: Hough
  • High School: Hudsons Bay
  • Middle School: Discovery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2020
Closed on
May 6, 2020
Sold by
Mornel Rami
Bought by
Bills Marklon and Oneill Tricia
Seller's Agent
Allison Grice
KJK Properties PC
Buyer's Agent
Jacob Sanchez
Next Generation Real Estate LLC
List Price
$329,900
Sold Price
$341,000
Premium/Discount to List
$11,100
3.36%
Current Estimated Value
$479,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,229
Avg. Annual Appreciation
5.90%
Original Mortgage
$334,823
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2017
Sold by
Sawyer Stephen T and Sawyer Kathleen
Bought by
Mornel Rami

Purchase Details

Closed on
Jan 13, 2015
Sold by
Sawyer Kathleen
Bought by
Sawyer Stephen T

Purchase Details

Closed on
Jul 11, 2003
Sold by
R & B Rental Properties Llc
Bought by
Sawyer Stephen T and Sawyer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Rumsey Timothy R and Rumsey Karen
Bought by
R & B Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2001
Sold by
Bond Michann R and Rumsey Karen
Bought by
Rumsey Timothy R and Rumsey Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2001
Sold by
Meridieth Mark W and Meridieth Lori
Bought by
Bond Michann and Rumsey Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1999
Sold by
Wehking George and Wehking Diane
Bought by
Meridieth Mark W

Purchase Details

Closed on
Sep 2, 1999
Sold by
Wehking George and Wehking Dianne J
Bought by
Meridieth Mark W
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
Bills Marklon $341,000 Fidelity Natl Ttl Vancouver
Mornel Rami $225,000 None Available
Sawyer Stephen T -- None Available
Sawyer Stephen T $133,000 Clark County Title
R & B Rental Properties Llc -- --
Rumsey Timothy R -- Clark County Title Company
Bond Michann $85,500 Charter Title Corporation
Meridieth Mark W -- Charter Title Corporation
Meridieth Mark W -- Charter Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bills Marklon $36,000
Open Bills Marklon $341,250
Closed Bills Marklon $334,823
Previous Owner Sawyer Stephen T $35,705
Previous Owner Sawyer Stephen T $136,000
Previous Owner Sawyer Stephen T $0
Previous Owner Sawyer Stephen T $133,000
Previous Owner Rumsey Timothy R $100,000
Previous Owner Bond Michann $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $341,000 +3.4% $203 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $329,900 -- $196 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $4,220 $417,300 $172,500 $244,800
2024 $3,755 $432,060 $172,500 $259,560
2023 $3,830 $401,287 $172,500 $228,787
2022 $3,422 $410,949 $172,500 $238,449
2021 $3,064 $342,047 $150,000 $192,047
2020 $2,753 $288,685 $110,552 $178,133
2019 $2,525 $268,764 $104,081 $164,683
2018 $2,654 $255,282 $0 $0
2017 $2,329 $222,820 $0 $0
2016 $1,989 $204,042 $0 $0
2015 $1,496 $166,430 $0 $0
2014 -- $118,288 $0 $0
2013 -- $109,275 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Grice

    Seller's Agent in 2020

    Allison Grice

    KJK Properties PC

    (503) 516-2886

    179 Total Sales

    Allison Grice
    Section Image
  • Jacob Sanchez

    Buyer's Agent in 2020

    Jacob Sanchez

    Next Generation Real Estate LLC

    (503) 348-4550

    1 in this area

    152 Total Sales

    Jacob Sanchez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20225298

Regional Multiple Listing Service (RMLS)

APN: 058841-000

Washington Clark County Vancouver 98660 Hough

2401 Lincoln Ave, Vancouver, WA

This home is located at 2401 Lincoln Ave, Vancouver, WA 98660 since 18 February 2020 and is currently estimated at $479,229, approximately $285 per square foot. This property was built in 1972. 2401 Lincoln Ave is a home located in Clark County with nearby schools including Hough Elementary School, Discovery Middle School, and Hudson's Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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