$510,000
SOLD OCT 25, 2024
-- Bed
-- Bath
1,640 Sq Ft
0.3 Acres

Recently Sold

$311 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • No HOA
  • Lap Siding
  • 1-Story Property
  • Cooling Available
  • Mini Split Heat Pump

About This Home

As of October 2024

Amazing opportunity to own a turnkey, remodeled duplex close to Clark College. Excellent cashflow for an investor or live in one side and rent the other. Both units have split air conditioning/heating, washer/dryer and hardwood floors! New cabinets, countertops and vanities. Appliances included. Property is currently professionally managed. Drive by but please do not disturb tenants.

Last Agent to Sell the Property

Brad Issler

Coldwell Banker Bain License #22004847 Listed on: 08/22/2024

Coldwell Banker Bain

Last Buyer's Agent

Joshua Thomas

Handris Realty Company License #25001378

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 0.3 Acre Lot

Home Design

  • Metal Roof
  • Lap Siding
  • Cedar

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

  • Cooling Available
  • Mini Split Heat Pump
  • Septic Tank

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 030165035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,785
  • Gross Income $31,800
  • Net Operating Income $26,015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,065

Year Built

Built in 1961 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1961
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Roof: Metal

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: MiniSplit, WallHeater
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R-18
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068.0
  • Parcel #: 030165035

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4064.96

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.57
  • Annual Gross Income: 31800.0
  • Property Net Operating Income: 26015.0
  • Annual Operating Expense: 4785.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 24, 2024
Sold by
Avery Assets Llc
Bought by
Escobar Francis Paola Ferrer
Seller's Agent
Brad Issler
Coldwell Banker Bain
Buyer's Agent
Joshua Thomas
Handris Realty Company
List Price
$495,000
Sold Price
$510,000
Premium/Discount to List
$15,000
3.03%
Views
1
Current Estimated Value
$512,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,307
Avg. Annual Appreciation
-1.95%
Original Mortgage
$14,535
Outstanding Balance
$12,266
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$490,471

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 27, 2015
Sold by
Fox Financial Corporation
Bought by
Avery Assets Llc
Seller's Agent
Frank Whiting
Real Pro NW.com
Buyer's Agent
Frank Whiting
Real Pro NW.com
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%
Original Mortgage
$135,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 10, 2015
Closed on
Apr 6, 2015
Sold by
Tichenor Ina L
Bought by
Fox Financial Corporation
Seller's Agent
Frank Whiting
Real Pro NW.com
Buyer's Agent
Frank Whiting
Real Pro NW.com
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $510,000 Wfg Clark County
Warranty Deed $164,900 Stewart Title
Warranty Deed $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $14,535 New Conventional
Open $484,500 New Conventional
Previous Owner $135,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $510,000 +3.0% $311 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $495,000 0.0% $302 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $495,000 +200.2% $302 / Sq Ft
04/27/2015 04/27/15 Sold $164,900 0.0% $98 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $164,900 -- $98 / 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 $4,089 $427,633 $193,204 $234,429
2024 $4,065 $417,150 $193,204 $223,946
2023 $3,835 $432,650 $201,986 $230,664
2022 $3,602 $409,826 $196,717 $213,109
2021 $3,447 $358,484 $175,640 $182,844
2020 $3,054 $323,473 $155,030 $168,443
2019 $2,635 $296,810 $134,360 $162,450
2018 $2,823 $265,095 $0 $0
2017 $2,479 $235,969 $0 $0
2016 $2,346 $216,084 $0 $0
2015 $1,821 $195,292 $0 $0
2014 -- $143,048 $0 $0
2013 -- $119,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24388734

Regional Multiple Listing Service (RMLS)

APN: 030165-035