Listed by John L. Scott, Inc, Bought with Marketplace Sotheby's Intl Rty
NOT LISTED FOR SALE

2441 I St NE Unit ABCD Auburn, WA 98002

North Auburn Neighborhood

Estimated Value: $963,000 - $1,045,000

8 Beds
4 Baths
3,654 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $495,000 $135 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,073/month

8 Days on Market

Highlights

  • Mountain View
  • Patio
  • Wall to Wall Carpet
  • Deck
  • Partially Fenced Property

About This Home

As of June 2016

Amazing investment opportunity! Gorgeous North Auburn 4-plex! Solid well kept building with great layout that includes two townhouse style units and two flats. Each good sized unit has two bedrooms and includes a beautiful brick fireplace and washer dryer hook ups. Situated on a large level lot with two private yards, a four car carport plus off street parking and coin operated laundry. Below market rents equate to strong upside potential. Please do not disturb the current tenants.

Last Agent to Sell the Property

Nate Hasson

John L. Scott, Inc License #46081 Listed on: 05/16/2016

John L. Scott, Inc

Last Buyer's Agent

Nathan Knopf

Marketplace Sotheby's Intl Rty

Marketplace Sotheby's Intl Rty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 944094

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,624

Year Built

  • Built in 1979

Lot Details

  • 10,200 Sq Ft Lot
  • Partially Fenced Property

Property Views

  • Mountain
  • Territorial

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,654 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5125400275

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,624

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1979
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3654
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood Products
  • Foundation Details: Slab
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 5125400275
  • Lot Size Acres: 0.2342
  • Lot Size Sq Ft: 10200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 1

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 3865

Tax Info

  • Year: 2016
  • Tax Annual Amount: 6624

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 300
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Auburn Cascade Llc
Bought by
Bian Sikang and Wu Meng
Current Estimated Value
$995,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Outstanding Balance
$449,203
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$546,294

Purchase Details

Closed on
Dec 22, 2016
Sold by
Widjaja Hardy and Widjaja Henny
Bought by
Auburn Cascade Llc

Purchase Details

Listed on
May 16, 2016
Closed on
Jun 22, 2016
Sold by
Willard Brett M and Willard Yvonne S
Bought by
Widjaja Hardy and Widjaja Henny
Seller's Agent
Nate Hasson
John L. Scott, Inc
Buyer's Agent
Nathan Knopf
Marketplace Sotheby's Intl Rty
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$371,250
Interest Rate
3.58%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Hornibrook John K and Hornibrook Reiko N
Bought by
Willard Brett M and Willard Yvonne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 19, 2005
Sold by
Auburn I Street Llc
Bought by
Hornibrook John K and Hornibrook Reiko N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Hornibrook John K and Hornibrook Reiko N
Bought by
Auburn I Street Llc

Purchase Details

Closed on
Feb 10, 2003
Sold by
Alkire Michael L
Bought by
Hornibrook John K and Hornibrook Reiko N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,960
Interest Rate
5.76%

Purchase Details

Closed on
Mar 17, 2000
Sold by
Saul Daniel J and Saul Berdene A
Bought by
Alkire Michael L and Alkire Tricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,881
Interest Rate
8.38%
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
Bian Sikang $675,000 Jetclosing Inc A T&E Co
Auburn Cascade Llc -- None Available
Widjaja Hardy $495,000 First American
Willard Brett M $495,000 Chicago Title
Hornibrook John K -- --
Auburn I Street Llc -- --
Hornibrook John K $319,950 Chicago Title
Alkire Michael L $252,950 Washington Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bian Sikang $506,250
Previous Owner Widjaja Hardy $371,250
Previous Owner Willard Brett M $396,000
Previous Owner Hornibrook John K $296,000
Previous Owner Hornibrook John K $255,960
Previous Owner Alkire Michael L $250,881
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $495,000 0.0% $135 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $495,000 -- $135 / 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 $9,921 $838,000 $102,000 $736,000
2023 $9,573 $890,000 $102,000 $788,000
2022 $9,055 $835,000 $90,000 $745,000
2021 $8,838 $680,000 $80,000 $600,000
2020 $8,541 $628,000 $80,000 $548,000
2018 $6,937 $546,000 $80,000 $466,000
2017 $6,907 $440,000 $80,000 $360,000
2016 $6,614 $441,000 $80,000 $361,000
2015 -- $451,000 $75,000 $376,000
2014 -- $343,000 $75,000 $268,000
2013 -- $384,000 $75,000 $309,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 944094

Northwest Multiple Listing Service (NWMLS)

APN: 512540-0275