Listed by Berkshire Hathaway HS NW
NOT LISTED FOR SALE

242 Cypress St Longview, WA 98632

Highlands Neighborhood
4 Beds
2 Baths
1,464 Sq Ft
8,398 Sq Ft Lot

Last Sold December 15, 2017

Last sale price $129,000 $88 Per Sq Ft

69 Days on Market

About This Home

As of December 2017

1-level Duplex on large lot with strong rental history. Fully rented 2BD/1BA 732 sq.ft. units with large front yard and two carports. Great deal with a current 7% Cap Rate with much room to get a market Cap over 10.5%! No lock box or sign; Please do not bother tenants.

Last Agent to Sell the Property

Stacee Torres

Berkshire Hathaway HS NW License #112183 Listed on: 09/01/2017

Berkshire Hathaway HS NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1188202

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 8,398 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property

Parking

  • 2 Parking Spaces
  • Open Parking

Schools

  • Kessler Elementary School
  • Monticello Mid Middle School
  • R A Long High School

Community Details

  • Sub:Highlands 3 Blk:35 Lot:37,38, Lot:39 Desc: Nel Condos
  • Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 37 / 35
  • Assessor Parcel Number R025702

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1951
  • Buyer Agency Compensation: 2.25
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: SUB:HIGHLANDS 3 BLK:35 LOT:37,38, LOT:39 DESC: NEL
  • New Construction: No
  • CalculatedSquareFootage: 1464
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Longview
  • SewerCompany: City of Longview
  • WaterCompany: City of Longview

Schools

  • Junior High Dist: Longview
  • High School: R A Long High
  • Middle Or Junior School: Monticello Mid

Lot Info

  • Parcel Number: R025702
  • Lot Size Acres: 0.1928
  • Lot Size Sq Ft: 8398
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Tax Records
  • ZoningClass: Multi-Family
  • LotNumber: 37

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1458

Tax Info

  • Year: 2017

Multi Family

  • Number Of Units Total: 2
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Kessler Elem

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

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $129,000 -7.8% $88 / Sq Ft
11/11/2017 11/11/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $139,900 -- $96 / 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 $2,171 $250,070 $26,880 $223,190
2023 $2,018 $226,870 $25,590 $201,280
2022 $1,787 $226,870 $25,590 $201,280
2021 $1,382 $179,240 $25,590 $153,650
2020 $1,169 $124,720 $25,590 $99,130
2019 $1,047 $110,631 $19,688 $90,943
2018 $992 $96,760 $19,690 $77,070
2017 $973 $75,240 $18,750 $56,490
2016 $951 $75,240 $18,750 $56,490
2015 $1,032 $75,240 $18,750 $56,490
2013 -- $75,240 $18,750 $56,490
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stacee Torres

    Berkshire Hathaway HS NW

    (360) 574-1381

    85 Total Sales

    Stacee Torres
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1188202

Northwest Multiple Listing Service (NWMLS)

APN: 04578

Washington Cowlitz County Longview 98632 Highlands

242 Cypress St, Longview, WA

Not Listed for Sale

MultiFamily

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Based on information submitted to the MLS GRID

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