NOT LISTED FOR SALE

Estimated Value: $380,000 - $489,000

4 Beds
2 Baths
1,464 Sq Ft
$296/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $438,000 $299 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,769/month

5 Days on Market

Highlights

  • Corner Lot
  • Wall Furnace
  • 1-Story Property
  • Storage

About This Home

As of September 2022

Incredible investment opportunity! Well-maintained one-level duplex on corner lot in prime Vancouver location minutes to downtown. Each 732 SF unit has identical layout and features 2 bedrooms, 1 bathroom, wood floors, laundry hookup, carport, and ample storage. One vacant unit is updated and ready to live in or rent. Second unit is occupied with current renters in place. Perfect for investors or owner occupied. Convenient to shopping & dining. Easy freeway and public transit access.

Last Agent to Sell the Property

Brandon Fox

Keller Williams Realty License #27168 Listed on: 08/19/2022

Keller Williams Realty

Last Buyer's Agent

Angelina Kaminskaya

Realty One Group Prestige License #21026552

Realty One Group Prestige

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,917

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Carport

Schools

  • Harney Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection
  • Assessor Parcel Number 029185000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $30,000
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,917

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1958
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harney
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R-9
  • Parcel #: 029185000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 2917.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.0
  • Annual Gross Income: 30000.0
  • Property Net Operating Income: 25000.0
  • Annual Operating Expense: 5000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 19, 2022
Sold by
Radtke Jr Edwin P and Radtke Mary I
Bought by
Vazquez-Lopez Karin and Zimin Vanessa V
Seller's Agent
Brandon Fox
Keller Williams Realty
Buyer's Agent
Angelina Kaminskaya
Realty One Group Prestige
List Price
$450,000
Sold Price
$438,000
Premium/Discount to List
-$12,000
-2.67%
Total Days on Market
5
Current Estimated Value
$433,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,289
Avg. Annual Appreciation
-0.37%
Original Mortgage
$416,100
Outstanding Balance
$401,386
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$32,325
Source: Public Records

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Range of Values:

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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
Vazquez-Lopez Karin -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vazquez-Lopez Karin $416,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $438,000 -2.7% $299 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $450,000 -- $307 / 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 $4,002 $387,625 $162,000 $225,625
2024 $3,570 $409,643 $162,000 $247,643
2023 $3,244 $381,482 $160,650 $220,832
2022 $2,917 $347,872 $156,600 $191,272
2021 $2,647 $291,479 $135,000 $156,479
2020 $2,350 $249,268 $109,076 $140,192
2019 $2,068 $229,295 $96,306 $132,989
2018 $2,218 $209,017 $0 $0
2017 $1,907 $186,104 $0 $0
2016 $1,723 $166,979 $0 $0
2015 $1,721 $144,136 $0 $0
2014 -- $136,172 $0 $0
2013 -- $119,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22375359

Regional Multiple Listing Service (RMLS)

APN: 029185-000