Listed by STM Real Estate, Bought with Redfin
NOT LISTED FOR SALE

306 17th St SE Unit A & B Auburn, WA 98002

South Auburn Neighborhood

Estimated Value: $651,000 - $709,973

6 Beds
2 Baths
2,220 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $750,000 $338 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,241/month

5 Days on Market

Highlights

  • RV Access or Parking
  • No HOA
  • Patio
  • Territorial View
  • Thermal Windows
  • Vinyl Plank Flooring

About This Home

As of May 2022

Don't wait on this one! Great Investment Opportunity! This Auburn duplex has recent EXTENSIVE professional updates throughout both units, see pictures. 3 BR's upstairs, 1.5 bath per unit, wood stoves, dining areas, breakfast bar's and separate laundry on main floors. Perfect opportunity for owner occupied, or lease Unit A for great income. All new appliances, including W/D's. Fully fenced back yards, vinyl windows, new window coverings included, new garage doors and ample storage. Exterior painted summer 2021. Architectural comp roofing, RV parking. Located close to all amenities and freeway access makes this a very desirable location. See agent remarks for rental info.

Last Agent to Sell the Property

Keith Stanley

STM Real Estate License #92122 Listed on: 04/20/2022

Last Buyer's Agent

Anthony Teeter

Redfin License #21007944

Redfin

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1916217

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,537

Year Built

  • Built in 1984

Lot Details

  • 8,150 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl Plank

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Patio

Utilities

  • Overhead Utilities
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5422400450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,537

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2220
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl Plank, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, High Voltage Line, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Voltage Line, Sewer Connected, Electric, Wood
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • CableConnected: Comcast
  • InternetConnected: Comcast
  • WaterSewerGarbage: 3600

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 5422400450
  • Lot Size Acres: 0.1871
  • Lot Size Sq Ft: 8150
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio,RV Parking
  • MLSLotSizeSource: county records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 14.3
  • LeasedItems: None
  • TotalMonthlyIncome: 4200

Multi Family

  • Gross Scheduled Income: 50400
  • Net Operating Income: 37373
  • Number Of Units Total: 2
  • Insurance Expense: 1370
  • Leasable Area: 2220
  • EnergySource: Electric,Wood
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5537

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 18, 2022
Sold by
Lewis Joel E and Lewis Tracy K
Bought by
Ogu Paulinus C
Seller's Agent
Keith Stanley
STM Real Estate
Buyer's Agent
Anthony Teeter
Redfin
List Price
$724,950
Sold Price
$750,000
Premium/Discount to List
$25,050
3.46%
Current Estimated Value
$674,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,507
Avg. Annual Appreciation
-3.08%
Original Mortgage
$551,250
Outstanding Balance
$523,909
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$150,584

Purchase Details

Closed on
Oct 12, 2004
Sold by
Backlund Wayne and Backlund Sharon
Bought by
Lewis Joel E and Lewis Tracy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Backlund Wayne W and Backlund Sharon
Bought by
Seattle Pacific Foundation and The Wayne & Sharon Backlund Charitable R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1984
Sold by
M C Northwest Corporation
Bought by
Backlund Wayne W and Backlund Sharon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $750,000 Old Republic Title
Lewis Joel E $250,000 Ticor National
Seattle Pacific Foundation -- Transnation Ti
Backlund Wayne W $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogu Paulinus C $551,250
Previous Owner Lewis Joel E $200,000
Previous Owner Seattle Pacific Foundation $110,783
Closed Lewis Joel E $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $750,000 +3.5% $338 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $724,950 -- $327 / 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 $7,974 $671,000 $165,000 $506,000
2023 $6,819 $549,000 $132,000 $417,000
2022 $5,750 $574,000 $143,000 $431,000
2021 $5,537 $427,000 $115,000 $312,000
2020 $5,046 $389,000 $107,000 $282,000
2018 $5,301 $367,000 $79,000 $288,000
2017 $4,784 $336,000 $72,000 $264,000
2016 $3,979 $303,000 $69,000 $234,000
2015 $3,932 $266,000 $64,000 $202,000
2014 -- $255,000 $61,000 $194,000
2013 -- $202,000 $56,000 $146,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1916217

Northwest Multiple Listing Service (NWMLS)

APN: 542240-0450