Listed by Engel & Volkers Snoqualmie Vly, Bought with Cascade Properties & Invest.
NOT LISTED FOR SALE

Estimated Value: $729,000 - $1,238,000

4 Beds
2 Baths
4,230 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: April 29, 2016

Last sale price $826,000 $195 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,540 / mo

103 Days on Market

Highlights

  • 0.56 Acre Lot
  • Mountain View
  • Wood Siding
  • North Bend Elementary School Rated A-
  • High Speed Internet
  • 3-minute walk to William Henry Taylor Railroad Park

About This Home

As of April 2016

RARE North Bend multi-family property includes 4 tax parcels. Six 2-bedroom/1-bath units in 3 duplex buildings. Centrally located in downtown core - easy walk to grocery, post office, restaurants, & services. Ample parking. Well-maintained w/ new roofs in 2015. All units have range/oven, fridge, wash/dry. Electric baseboard heat, w/ separate metering f/ each unit. Value-add opportunity for Buyer -- current rents are below market. With minimum work, maximize potential return on investment!

Last Agent to Sell the Property

Jonathan Pearlstein

Engel & Volkers Snoqualmie Vly License #17157 Listed on: 12/02/2015

Engel & Volkers Snoqualmie Vly

Last Buyer's Agent

Lisa Scivally

Cascade Properties & Invest. License #24585

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 873078

Northwest Multiple Listing Service (NWMLS)

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,683

Year Built

  • Built in 1964

Lot Details

  • 24,210 Sq Ft Lot
  • Property is in good condition

Parking

  • Open Parking

Property Views

  • Mountain
  • Territorial

Home Design

  • Duplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Wood Composite

Interior Spaces

  • 4,230 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Mount Si High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Gardiners Addition Condos
  • North Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 3, 4, 5, 6, 7 & 8 / 4
  • Assessor Parcel Number 2700600281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,683

Year Built

Built in 1964

Lot Details

0.56 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1964
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gardiners Addition
  • New Construction: No
  • Structure Type: Duplex
  • CalculatedSquareFootage: 4230
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Please be present at all showings
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood, Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of North Bend
  • WaterCompany: City of North Bend

Schools

  • Junior High Dist: Snoqualmie Valley
  • High School: Mount Si High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2700600281
  • Lot Size Acres: 0.5558
  • Lot Size Sq Ft: 24210
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: King County Records
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,Residential,See Remarks
  • LotNumber: 3, 4, 5, 6, 7 & 8

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 4885

Tax Info

  • Year: 2015
  • Tax Annual Amount: 9683

Multi Family

  • Number Of Units Total: 6
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Apr 27, 2016
Sold by
Bought by
Seller's Agent
Jonathan Pearlstein
Engel & Volkers Snoqualmie Vly
Buyer's Agent
Lisa Scivally
Cascade Properties & Invest.
List Price
$890,000
Sold Price
$826,000
Premium/Discount to List
-$64,000
-7.19%
Current Estimated Value
$921,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,361
Avg. Annual Appreciation
1.06%
Original Mortgage
$625,000
Outstanding Balance
$483,910
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$437,451

Purchase Details

Closed on
Apr 5, 1989
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$826,000 Chicago Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $625,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2016 04/29/16 Sold $826,000 -7.2% $195 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $890,000 -- $210 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,828 $643,000 $260,000 $383,000
2024 $5,401 $582,000 $260,000 $322,000
2023 $5,076 $518,000 $236,000 $282,000
2022 $4,833 $575,000 $271,000 $304,000
2021 $4,482 $446,000 $206,000 $240,000
2020 $4,480 $375,000 $174,000 $201,000
2018 $4,165 $348,000 $155,000 $193,000
2017 $3,417 $337,000 $149,000 $188,000
2016 $3,225 $285,000 $131,000 $154,000
2015 $2,913 $257,000 $117,000 $140,000
2014 -- $251,000 $115,000 $136,000
2013 -- $195,000 $88,000 $107,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 873078

Northwest Multiple Listing Service (NWMLS)

APN: 270060-0281

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