Listed by Cook Real Estate, Bought with HomeSmart One Realty
NOT LISTED FOR SALE

319 E Park St North Bend, WA 98045

12 Beds
6 Baths
4,896 Sq Ft
9,800 Sq Ft Lot

Last Sold October 08, 2015

Last sale price $724,700 $148 Per Sq Ft

21 Days on Market

Highlights

  • Mountain View
  • Deck
  • Patio
  • North Bend Elementary School Rated A
  • Thermal Windows
  • 4-minute walk to Si View Metro Parks

About This Home

As of October 2015

This newly-painted and well-maintained five unit apartment building with a non-conforming 6th unit downtown offers an excellent investment opportunity in the current landlord's market. Each unit has 2 bed/1 bath with units renting under market. Rental rates for 3 units will increase 01/2016! The coin operated laundry facilities generate additional income. As North Bend grows and demand continues to increase for rentals due to the housing market, it's a great time to own an apartment building!

Last Agent to Sell the Property

David Cook

Cook Real Estate License #10858 Listed on: 06/24/2015

Last Buyer's Agent

Gordy Lindstrom

HomeSmart One Realty License #27278

HomeSmart One Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 809721

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,004

Year Built

  • Built in 1986

Lot Details

  • 9,800 Sq Ft Lot
  • Lot Dimensions are 70' x 139'
  • Partially Fenced Property
  • Property is in very good condition

Property Views

  • Mountain
  • Territorial

Home Design

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

Interior Spaces

  • 4,896 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • North Bend Elementary School
  • Twin Falls Mid Middle School
  • Mount Si High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Johnsons Frank Addition To North Bend Condos
  • North Bend Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 3
  • Assessor Parcel Number 3734900080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,004

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1986
  • Buyer Agency Compensation: 2.50%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Johnsons Frank Addition to North Bend
  • New Construction: No
  • CalculatedSquareFootage: 4896
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Residential, Retail
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of North Bend
  • WaterCompany: City of North Bend
  • WaterSewerGarbage: 7800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Snoqualmie Valley
  • High School: Mount Si High
  • Middle Or Junior School: Twin Falls Mid

Lot Info

  • Parcel Number: 3734900080
  • Lot Size Acres: 0.225
  • Lot Size: 70' x 139'
  • Lot Size Sq Ft: 9800
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Office,Residential,Retail
  • LotNumber: 7

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 6296

Multi Family

  • Gross Scheduled Income: 75550
  • Net Operating Income: 53112
  • Number Of Units Total: 6
  • Electric Expense: 2400
  • Insurance Expense: 1968
  • Leasable Area: 4896
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2015
  • Tax Annual Amount: 7004

MLS Schools

  • Elementary School: North Bend Elem

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2015 10/08/15 Sold $724,700 -4.0% $148 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $754,900 +54.1% $154 / Sq Ft
11/13/2013 11/13/13 Sold $490,000 -10.9% $100 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Pending -- -- --
09/04/2013 09/04/13 For Sale $549,900 -- $112 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Cook

    Seller's Agent in 2015

    David Cook

    Cook Real Estate

    (425) 888-7774

    9 in this area

    31 Total Sales

    David Cook
    Section Image
  • Gordy Lindstrom

    Buyer's Agent in 2015

    Gordy Lindstrom

    HomeSmart One Realty

    (425) 772-5845

    37 Total Sales

    Gordy Lindstrom
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 809721

Northwest Multiple Listing Service (NWMLS)
Washington King County North Bend 98045

319 E Park St, North Bend, WA

This home is located at 319 E Park St, North Bend, WA 98045 since 24 June 2015. This property was built in 1986. 319 E Park St is a home located in King County with nearby schools including North Bend Elementary School, Twin Falls Middle School, and Mount Si High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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