Listed by Better Properties Kent LLC, Bought with CENTURY 21 Real Estate Center
NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,094,000

8 Beds
4 Baths
3,654 Sq Ft
$281/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $325,500 $89 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $6,232/month

32 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of October 2012

Great Investment opportunity for a 4-plex in downtown Auburn area. Home has had new carpets and fresh paint throughout all 4 units. Close to shopping, commute routes, schools, and parks. Two flats and two townhome style units. Each unit has a carport, storage closet, and additional uncovered parking space. Each unit also has a washer and a dryer.

Last Agent to Sell the Property

Calvin Gligorea

Better Properties Kent LLC License #32506 Listed on: 07/27/2012

Better Properties Kent LLC

Last Buyer's Agent

Jamie Smith

CENTURY 21 Real Estate Center License #76918

CENTURY 21 Real Estate Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 387063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 1979

Lot Details

  • 8,000

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

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

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Patio
  • 8,000 Sq Ft Lot

Community Details

  • Downtown Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5125400280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,178

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: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3654
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 5125400280
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Patio

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Tax Info

  • Year: 2012
  • Tax Annual Amount: 6178

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Oct 3, 2012
Sold by
Us Bank National Association
Bought by
Ogu Paulinus C
Seller's Agent
Calvin Gligorea
Better Properties Kent LLC
Buyer's Agent
Jamie Smith
CENTURY 21 Real Estate Center
List Price
$334,900
Sold Price
$325,500
Premium/Discount to List
-$9,400
-2.81%
Current Estimated Value
$1,028,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,500
Avg. Annual Appreciation
9.19%
Original Mortgage
$244,125
Outstanding Balance
$42,018
Interest Rate
3.5%
Estimated Equity
$985,982

Purchase Details

Closed on
Aug 10, 2010
Sold by
Liu Dongyu
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 5, 2007
Sold by
Augenstein William Albert
Bought by
Liu Dongyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7.87%

Purchase Details

Closed on
May 7, 1998
Sold by
Augenstein William A and Augenstein Judith A
Bought by
Augenstein Albert and Augenstein Judith Anne
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ogu Paulinus C $325,500 Nextitle
Us Bank National Association $405,000 Northwest Title
Liu Dongyu $470,000 Chicago Title
Augenstein Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogu Paulinus C $244,125
Previous Owner Liu Dongyu $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $325,500 -2.8% $89 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $334,900 -- $92 / 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 $9,764 $824,000 $90,000 $734,000
2023 $9,898 $843,000 $90,000 $753,000
2022 $9,233 $865,000 $90,000 $775,000
2021 $9,026 $694,000 $80,000 $614,000
2020 $8,871 $642,000 $80,000 $562,000
2018 $6,893 $546,000 $80,000 $466,000
2017 $7,142 $437,000 $80,000 $357,000
2016 $6,572 $457,000 $80,000 $377,000
2015 -- $448,000 $75,000 $373,000
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: 387063

Northwest Multiple Listing Service (NWMLS)

APN: 512540-0280