NOT LISTED FOR SALE

Estimated Value: $473,000 - $544,000

4 Beds
2 Baths
1,700 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: January 10, 2025

Last sale price $495,000 $291 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,943 / mo

4 Days on Market

Highlights

  • Corner Lot
  • Mini Split Air Conditioners
  • 1-Story Property
  • Paneling
  • Baseboard Heating
  • 4-minute walk to John Ball Park

About This Home

As of January 2025

Amazing, turnkey opportunity to own an updated duplex in desirable Hough neighborhood, West Vancouver and close to downtown. Excellent cash flow for an investor or live in one unit and rent the other. One unit has been completely updated. Second unit has been partially updated. Both units have split system air conditioning and heat, washer/dryer hookups and appliances included. Units are currently professionally managed. Drive by but please do not disturb tenants.

Last Agent to Sell the Property

Brad Issler

Coldwell Banker Bain Brokerage Phone: License #22004847 Listed on: 08/21/2024

Coldwell Banker Bain

Last Buyer's Agent

Michael Farrell

Call It Closed International Realty License #131641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Crawl Space

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Baseboard Heating

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 062070000

Community Details

Overview

  • 2 Units
  • Hough Subdivision

Building Details

  • Operating Expense $4,743
  • Gross Income $32,280
  • Net Operating Income $27,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,664

Year Built

Built in 1965 | Remodeled

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1965
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 495000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Panel,T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Baseboard, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R-9
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 062070000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3664.42

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.33
  • Annual Gross Income: 32280.0
  • Property Net Operating Income: 27537.0
  • Annual Operating Expense: 4743.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Jan 7, 2025
Sold by
Avery Assets Llc
Bought by
Brooks Lisa
Seller's Agent
Brad Issler
Coldwell Banker Bain
Buyer's Agent
Michael Farrell
Call It Closed International Realty
List Price
$495,000
Sold Price
$495,000
Views
11
Current Estimated Value
$488,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,994
Avg. Annual Appreciation
1.30%
Original Mortgage
$486,034
Outstanding Balance
$479,128
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$24,439

Purchase Details

Listed on
Feb 24, 2015
Closed on
Mar 3, 2015
Sold by
Mandel Bruce A and Mandel Maureen M
Bought by
Avery Assets Llc
Seller's Agent
Kim Nelson
John L. Scott Real Estate
Buyer's Agent
Kristy Childers
Windermere Northwest Living
List Price
$188,750
Sold Price
$188,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Aug 26, 2003
Sold by
R & B Rental Properties Llc
Bought by
Mandel Bruce A and Mandel Maureen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Rumsey Timothy E
Bought by
R & B Properties Llc

Purchase Details

Closed on
Mar 9, 2001
Sold by
R & B Properties
Bought by
Rumsey Timothy R

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
7.12%

Purchase Details

Closed on
May 19, 2000
Sold by
Rumsey Timothy
Bought by
Rumsey Timothy R and Rumsey Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brooks Lisa $495,000 Wfg National Title
Avery Assets Llc $188,469 Columbia Title Agency
Mandel Bruce A $135,000 First American Title
R & B Properties Llc -- Clark County Title Company
Rumsey Timothy R -- Clark County Title Company
Rumsey Timothy R -- Clark County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Lisa $486,034
Previous Owner Mandel Bruce A $108,000
Previous Owner Rumsey Timothy R $95,000
Previous Owner Rumsey Timothy R $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2025 01/10/25 Sold $495,000 0.0% $291 / Sq Ft
08/25/2024 08/25/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $495,000 +162.3% $291 / Sq Ft
03/06/2015 03/06/15 Sold $188,750 0.0% $111 / Sq Ft View Prior Sale
02/25/2015 02/25/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $188,750 -- $111 / 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 $4,059 $401,771 $173,639 $228,132
2024 $3,664 $415,524 $173,639 $241,885
2023 $3,735 $391,553 $173,639 $217,914
2022 $3,341 $400,756 $173,639 $227,117
2021 $3,013 $333,910 $150,990 $182,920
2020 $2,708 $283,791 $114,121 $169,670
2019 $2,477 $264,300 $107,441 $156,859
2018 $2,600 $250,383 $0 $0
2017 $2,283 $218,257 $0 $0
2016 $1,946 $199,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24379246

Regional Multiple Listing Service (RMLS)

APN: 062070-000

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