NOT LISTED FOR SALE

Estimated Value: $639,000 - $672,000

6 Beds
6 Baths
2,852 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $345,000 $121 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,918/month

113 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Lap Siding
  • Attached Garage
  • Level Lot

About This Home

As of May 2016

Newer 3 bedrm duplex in perfect condition. Perfect opportunity for owner occupied. Tile floors & tile countertops, 9 ft ceilings, over sized windows. Dead end.Rent has never been raised since 2006-should be around $1300-1350. Current tenants are month-to-month. Tenants pay ALL utilities. Location sets way back off Stapleton-private & quiet. Open huge field is east. Cap rate on Projected income of $1,350=8.6%--WOW. Newer=low maintenance.

Last Agent to Sell the Property

Chris Kelsey

Keller Williams Realty License #24111 Listed on: 01/26/2016

Keller Williams Realty

Last Buyer's Agent

Karen Johnson

RE/MAX Equity Group License #28725

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2852
  • Stories: 2
  • Year Built: 2006
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LOT 4 SP3-655 .08A
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: R-22

Tax Info

  • Tax Amount: 2596.00
  • Assessor Parcel Number: 029462015

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.97

MLS Schools

  • Elementary School: Roosevelt
  • High School: Fort Vancouver
  • Middle School: McLoughlin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Apr 27, 2016
Sold by
Mustain Christopher G
Bought by
Nations Sharon J
Seller's Agent
Chris Kelsey
Keller Williams Realty
Buyer's Agent
Karen Johnson
RE/MAX Equity Group
List Price
$345,000
Sold Price
$345,000
Current Estimated Value
$654,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,569
Avg. Annual Appreciation
6.86%
Original Mortgage
$258,750
Outstanding Balance
$205,444
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$449,125

Purchase Details

Closed on
Aug 21, 2006
Sold by
Sunlight Electric Inc
Bought by
Mustain Terry G and Mustain Irene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Nations Sharon J $345,000 Clark County Title Company
Mustain Terry G $375,000 Clark County Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nations Sharon J $258,750
Previous Owner Mustain Terry G $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $345,000 0.0% $121 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $345,000 -- $121 / 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 $5,940 $579,993 $138,750 $441,243
2024 $5,290 $608,471 $138,750 $469,721
2023 $5,062 $565,769 $138,750 $427,019
2022 $4,496 $543,404 $138,750 $404,654
2021 $4,172 $449,574 $117,500 $332,074
2020 $3,738 $393,192 $87,500 $305,692
2019 $3,462 $364,988 $76,500 $288,488
2018 $3,923 $350,131 $0 $0
2017 $3,647 $329,432 $0 $0
2016 $3,301 $319,618 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16633971

Regional Multiple Listing Service (RMLS)

APN: 029462-015