Listed by Keller Williams Downtown Sea, Bought with Skyline Properties, Inc.
NOT LISTED FOR SALE

Estimated Value: $1,138,000 - $1,294,622

12 Beds
4 Baths
4,000 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $1,225,000 $306 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,391/month

5 Days on Market

Highlights

  • River Access
  • Waterfront
  • Deck
  • River View
  • 0.37 Acre Lot
  • Corner Lot

About This Home

As of March 2022

North Auburn Riverfront 4-Plex ~ Current Rents Cap at 6.1% - Rent Income @ $7000 Month. Owner did Major Deck Replacement & Renovated Unit A - Brand New! Most of the Units have also been updated with New Kitchens, Bathrooms, Appliances, Flooring, Paint & Energy Efficient Wall Heaters. All Units have Washer & Dryer Hookups & attached Garage for Extra Storage or Parking. Located on a Dead End Cul-De-Sac, Close to Walking Trails, Schools & Shopping. Surveillance Camera System Included valued over $15,000. Fully Leased - Two M-to-M Good-Clean Tenants, Hundreds Under Market Rents. Please Do Not Disturb or Approach Tenants.

Last Agent to Sell the Property

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068 Listed on: 01/27/2022

Keller Williams Downtown Sea

Last Buyer's Agent

Yonatan Berhane

Skyline Properties, Inc. License #20120284

Skyline Properties, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1882953

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,677

Year Built

  • Built in 1974

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Corner Lot
  • Property is in very good condition

Property Views

  • River
  • Golf Course

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Bitumen Roof
  • Stucco
  • Wood Composite

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Parking

  • 12 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • River Access
  • Deck
  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Green River Village Division Condos
  • Auburn Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 10
  • Assessor Parcel Number 2891740100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,677

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: GREEN RIVER VILLAGE DIVISION
  • New Construction: No
  • CalculatedSquareFootage: 4000
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 338

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Forced Air, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition, Torch Down
  • View: Golf Course, River
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Bank-Medium, River Access
  • Waterfront: Yes
  • Exterior Features: Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: PartiallyFenced, FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: Auburn
  • WaterCompany: Auburn
  • WaterSewerGarbage: 4500

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 2891740100
  • Lot Size Acres: 0.3715
  • Lot Size Sq Ft: 16183
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Fully,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 5

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 6990

Multi Family

  • Gross Scheduled Income: 89220
  • Net Operating Income: 64222
  • Number Of Units Total: 4
  • Insurance Expense: 1250
  • Leasable Area: 4000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2021
  • Tax Annual Amount: 10677

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2019
Closed on
Sep 19, 2019
Sold by
Archibald Errol and Archibald Meron S
Bought by
Tang Pauline Man Chun
Seller's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$879,500
Sold Price
$872,700
Premium/Discount to List
-$6,800
-0.77%
Current Estimated Value
$1,164,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,471
Avg. Annual Appreciation
6.99%
Original Mortgage
$654,525
Outstanding Balance
$580,920
Interest Rate
3.5%
Estimated Equity
$708,151

Purchase Details

Closed on
Jun 9, 2015
Sold by
Archibald Meron
Bought by
Archibald Errol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,298
Interest Rate
3.81%

Purchase Details

Closed on
Dec 3, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Maddox Charles K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,686
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2009
Sold by
Petree James A and Petree Theresa M
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Jul 1, 2008
Sold by
King County
Bought by
King County Flood Control Zone District

Purchase Details

Closed on
Dec 8, 2005
Sold by
Dinges Mark
Bought by
Petree James A and Petree Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,950
Interest Rate
3%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Flanagan Steve D
Bought by
Dinges Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.25%

Purchase Details

Closed on
Oct 28, 2003
Sold by
Millea Edwin F
Bought by
Flanagan Steve D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.98%

Purchase Details

Closed on
Feb 7, 2003
Sold by
Wheeler Mark A
Bought by
Millea Edwin F

Purchase Details

Closed on
Oct 7, 2002
Sold by
Wheeler Catherine Jean
Bought by
Wheeler Mark Alan

Purchase Details

Closed on
Jul 30, 1998
Sold by
Baldwin Gerald N and Baldwin Gerald
Bought by
Wheeler Mark A and Wheeler Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.9%
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 Buyer Sale Price Title Company
Tang Pauline Man Chun $872,700 Chicago Title Company Of Wa
Archibald Errol -- Old Republic
Archibald Errol $479,000 Old Republic
Maddox Charles K $334,750 Chicago Title
Wells Fargo Bank National Association $389,520 None Available
King County Flood Control Zone District -- None Available
Petree James A $539,950 Old Republic T
Dinges Mark $440,000 Stewart Title
Flanagan Steve D $399,950 Stewart Title
Millea Edwin F $81,125 Stewart Title
Millea Edwin F $243,375 Stewart Title
Wheeler Mark Alan -- Stewart Title
Wheeler Mark A -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Pauline Man Chun $654,525
Previous Owner Archibald Errol $498,781
Previous Owner Archibald Errol $487,927
Previous Owner Archibald Errol $489,298
Previous Owner Maddox Charles K $328,686
Previous Owner Petree James A $431,950
Previous Owner Dinges Mark $24,000
Previous Owner Dinges Mark $352,000
Previous Owner Flanagan Steve D $100,000
Previous Owner Flanagan Steve D $245,000
Previous Owner Wheeler Mark A $148,000
Closed Dinges Mark $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $1,225,000 +13.6% $306 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,078,500 +23.6% $270 / Sq Ft
10/29/2019 10/29/19 Sold $872,700 -0.8% $218 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $879,500 0.0% $220 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/08/2019 08/08/19 Price Changed $879,500 -2.3% $220 / Sq Ft
06/26/2019 06/26/19 Price Changed $899,900 -2.7% $225 / Sq Ft
06/12/2019 06/12/19 For Sale $924,700 -- $231 / 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 $11,543 $975,000 $161,800 $813,200
2023 $11,808 $1,032,000 $161,800 $870,200
2022 $10,985 $1,038,000 $90,000 $948,000
2021 $10,677 $830,000 $80,000 $750,000
2020 $9,708 $763,000 $80,000 $683,000
2018 $7,995 $599,000 $80,000 $519,000
2017 $7,199 $510,000 $80,000 $430,000
2016 $6,284 $459,000 $80,000 $379,000
2015 -- $425,000 $75,000 $350,000
2014 -- $351,000 $75,000 $276,000
2013 -- $338,000 $75,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1882953

Northwest Multiple Listing Service (NWMLS)

APN: 289174-0100