Listed by Better Properties UP/Fircrest, Bought with RE/MAX Honors
NOT LISTED FOR SALE

Estimated Value: $814,000 - $862,000

8 Beds
4 Baths
3,100 Sq Ft
$272/Sq Ft Est. Value

Last Sold September 06, 2016

Last sale price $435,000 $140 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,281/month

58 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding

About This Home

As of September 2016

Here's Your Sign !!! 4plex in great Auburn neighborhood. Low maintenance and a great return for any investor or owner occupier. All units recently upgraded and occupied. There are 4 2 bedroom 1 bath units and each one has its own wood fireplace. Nicely treed lot that is low maintenance with a really big backyard for tenants to enjoy. There is also a coin operated laundry that bring in extra money every month. This will not be on the market long at this price and 6.7 cap rate!!!

Last Agent to Sell the Property

Arthur Russo

Better Properties UP/Fircrest License #115078 Listed on: 05/02/2016

Co-Listed By

Mark Hulen

Better Properties Real Estate License #50093

Last Buyer's Agent

Karna Cristina

RE/MAX Honors License #26745

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 935604

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,460

Year Built

  • Built in 1983

Lot Details

  • 8,801 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3021059312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,460

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1983
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3100
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 399

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 3021059312
  • Lot Size Acres: 0.202
  • Lot Size Sq Ft: 8801
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3400

Multi Family

  • Gross Scheduled Income: 40600
  • Net Operating Income: 30628
  • Number Of Units Total: 4
  • Insurance Expense: 1100
  • Leasable Area: 3100
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Peara Nicholas Nolan Obryan
Bought by
Peara Jonathan Edgar and Obryan-Peara Mary Josephine
Current Estimated Value
$841,929

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 30, 2016
Sold by
Reimer Roger A and Reimer Anni
Bought by
Peara Nicholas Nolan and Peara Jonathan E
Seller's Agent
Arthur Russo
Better Properties UP/Fircrest
Buyer's Agent
Karna Cristina
RE/MAX Honors
List Price
$454,900
Sold Price
$435,000
Premium/Discount to List
-$19,900
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$295,000
Interest Rate
3.45%

Purchase Details

Listed on
May 2, 2016
Closed on
Aug 29, 2016
Sold by
Peara Mary J O Bryan
Bought by
Peara Jonathan
Seller's Agent
Arthur Russo
Better Properties UP/Fircrest
Buyer's Agent
Karna Cristina
RE/MAX Honors
List Price
$454,900
Sold Price
$435,000
Premium/Discount to List
-$19,900
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
3.45%

Purchase Details

Closed on
Jun 6, 2007
Sold by
Woodward Cher K
Bought by
Reimer Roger A and Reimer Ann I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$358,400
Interest Rate
6.14%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Herring Michelle
Bought by
Woodward Cher K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.9%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Lafreniere Brett D and Lafreniere Annette A
Bought by
Herring Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
7.15%

Purchase Details

Closed on
Jan 15, 1998
Sold by
Scott David L and Scott Barbara Anne
Bought by
Lafreniere Brett D and Lafreniere Annette A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,800
Interest Rate
7.13%

Purchase Details

Closed on
Oct 31, 1995
Sold by
The Bieker Family Ltd Partnership
Bought by
Scott David L and Scott Barbara Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
7.51%
Mortgage Type
Seller Take Back
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
Peara Jonathan Edgar $313 None Listed On Document
Peara Nicholas Nolan $435,000 Wfg National T
Peara Jonathan -- Wfg National T
Reimer Roger A $448,000 Stewart Title
Woodward Cher K $394,600 First American
Herring Michelle $252,500 First American
Lafreniere Brett D $174,000 --
Scott David L $168,000 Washington Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peara Nicholas Nolan $295,000
Previous Owner Reimer Roger A $357,200
Previous Owner Reimer Roger A $358,400
Previous Owner Woodward Cher K $316,000
Previous Owner Woodward Cher K $39,500
Previous Owner Herring Michelle $240,600
Previous Owner Herring Michelle $227,250
Previous Owner Lafreniere Brett D $131,800
Previous Owner Scott David L $22,000
Closed Lafreniere Brett D $24,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2016 09/06/16 Sold $435,000 -3.3% $140 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $449,900 +28.6% $145 / Sq Ft
06/13/2016 06/13/16 Price Changed $349,900 -23.1% $113 / Sq Ft
05/02/2016 05/02/16 For Sale $454,900 -- $147 / 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 $8,053 $675,000 $140,000 $535,000
2023 $8,195 $796,000 $132,000 $664,000
2022 $8,295 $715,000 $120,000 $595,000
2021 $8,014 $625,000 $115,000 $510,000
2020 $7,712 $571,000 $110,000 $461,000
2018 $6,881 $465,000 $100,000 $365,000
2017 $6,314 $441,000 $100,000 $341,000
2016 $4,904 $405,000 $100,000 $305,000
2015 $4,460 $331,000 $100,000 $231,000
2014 -- $290,000 $100,000 $190,000
2013 -- $270,000 $100,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 935604

Northwest Multiple Listing Service (NWMLS)

APN: 302105-9312