Listed by Coldwell Banker Bain, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE
-- Beds
-- Baths
2,781 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: March 31, 2022

Last sale price $480,000 $173 Per Sq Ft

41 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Wood Siding
  • Forced Air Heating and Cooling System
  • Partially Fenced Property
  • Carpet

About This Home

As of March 2022

Welcome to this exceptional investment opportunity in the heart of Yakima, WA. This fully rented 5-unit multifamily property offers a prime income-generating asset in a thriving rental market. Consisting of five units, each featuring 1 bedroom and 1 bathroom spread across 515 square feet, this property is meticulously designed to cater to the needs of modern tenants. With all units currently leased, this investment promises a steady and reliable cash flow from day one.

Last Agent to Sell the Property

Mario Sanelli

Coldwell Banker Bain License #116604 Listed on: 03/06/2024

Coldwell Banker Bain

Co-Listed By

Steve Sanelli

Coldwell Banker Bain License #120229

Last Buyer's Agent

Tyson Baty

John L. Scott, Inc. License #90811

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2206844

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,259

Year Built

  • Built in 1976

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Open Parking

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,781 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Yakima Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18132412947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,259

Year Built

Built in 1976

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1976
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 2781
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Fair

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yakima

Lot Info

  • Parcel Number: 18132412947
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Zoning Description: Commercial,MultiFamily
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Public Records

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.2
  • LeasedItems: None
  • TotalMonthlyIncome: 3250

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3259

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 483
  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
May 22, 2024
Sold by
Carrillo Jose A and Groome Sarah F
Bought by
Seller's Agent
Mario Sanelli
Coldwell Banker Bain
Buyer's Agent
Tyson Baty
John L. Scott, Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
53

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 30, 2024
Sold by
Capital Partners Group Inc
Bought by
Carrillo Jose A and Grooms Sarah F
Seller's Agent
Mario Sanelli
Coldwell Banker Bain
Buyer's Agent
Tyson Baty
John L. Scott, Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Views
53

Purchase Details

Listed on
Mar 31, 2022
Closed on
Mar 29, 2022
Sold by
Fuqua Justin and Fuqua Lisa
Bought by
Capital Partners Group Inc
Seller's Agent
Lisa Fuqua
Lake & Company
Buyer's Agent
Mario Sanelli
Coldwell Banker Bain
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.46%

Purchase Details

Listed on
Jan 30, 2020
Closed on
Feb 5, 2020
Sold by
Borsuk Jeff and Borsuk Heather N
Bought by
Fuqua Justin and Fuqua Lisa
Seller's Agent
Cory Bemis
John L Scott Yakima
Buyer's Agent
Haley Larson
RE/MAX, The Collective
Sold Price
$256,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.96%

Purchase Details

Listed on
Jan 6, 2016
Closed on
Feb 1, 2016
Sold by
Ltf Properties Llc
Bought by
Borsuk Jeff and Borsuk Heather N
Seller's Agent
Rob Tranch
Keller Williams Yakima Valley
Buyer's Agent
Cory Bemis
John L Scott Yakima
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$120,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2006
Sold by
Spurgin Lee and Spurgin Greg
Bought by
Ltf Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,150
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2006
Sold by
Spurgin Martha
Bought by
Spurgin Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2006
Sold by
Kipaloma Llc
Bought by
Spurgin Lee and Spurgin Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2003
Sold by
United Builders Investments Llc
Bought by
Kipaloma Llc

Purchase Details

Closed on
May 30, 2003
Sold by
United Builders Of Washington Inc
Bought by
United Builders Investments Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Yakima, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$313 None Listed On Document
Carrillo Jose A $390,000 Pacific Alliance Title
Capital Partners Group Inc -- New Title Company Name
Fuqua Justin $256,000 Valley Title Guarantee
Borsuk Jeff $165,000 Pacific Alliance Title Co
Ltf Properties Llc $163,219 Pacific Alliance Title Co
Spurgin Lee -- Pacific Alliance Title Co
Buchanan Lisa -- Pacific Alliance Title Co
Spurgin Greg -- Pacific Alliance Title Co
Spurgin Lee $363,960 Pacific Alliance Title Co
Kipaloma Llc -- --
United Builders Investments Llc -- Valley Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $120,000
Previous Owner Ltf Properties Llc $147,150
Previous Owner Spurgin Lee $460,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $480,000 0.0% $173 / Sq Ft View Prior Sale
03/31/2022 03/31/22 For Sale $480,000 +87.5% $173 / Sq Ft
02/07/2020 02/07/20 Sold $256,000 +55.2% $38 / Sq Ft View Prior Sale
01/30/2020 01/30/20 Pending -- -- --
02/01/2016 02/01/16 Sold $165,000 -- $25 / Sq Ft View Prior Sale
01/06/2016 01/06/16 Pending -- -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,588 $394,000 $78,300 $315,700
2025 $3,755 $396,600 $23,000 $373,600
2024 $3,281 $372,400 $60,200 $312,200
2023 $3,259 $337,900 $42,400 $295,500
2022 $3,406 $306,000 $23,000 $283,000
2021 $2,914 $242,300 $23,000 $219,300
2019 $2,215 $193,300 $23,000 $170,300
2018 $2,645 $197,800 $23,000 $174,800
2017 $2,008 $157,700 $23,000 $134,700
2016 $1,938 $157,700 $23,000 $134,700
2015 $1,938 $157,700 $23,000 $134,700
2014 $1,938 $157,700 $23,000 $134,700
2013 $1,938 $157,700 $23,000 $134,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2206844

Northwest Multiple Listing Service (NWMLS)

APN: 181324-12497

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