Listed by Real Broker LLC, Bought with eLink Realty
NOT LISTED FOR SALE

Estimated Value: $663,000 - $762,000

6 Beds
6 Baths
2,850 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $645,000 $226 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,627/month

3 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Ceramic Tile Flooring
  • Thermal Windows
  • Patio
  • High Speed Internet

About This Home

As of April 2021

This unique side by side townhouse style duplex is unlike all the other duplexes in Auburn. It has 3 bdrms, 2.5 baths per side & is a cash cow that will command premium rents for a long time. Extensively redone with shaker cabinets, granite, SS appliances & more. Both units have a kitchen, spacious dining / living room, a 1/2 bath & laundry on the main floor. Upper floors have three bedrooms which all have walk in closets, plus the main bath, PLUS a unique nook - perfect for an office or Zoom school. Masters on each side have attached baths and walk through closets. Bright and sunny exposure - 1 car garage each side with access directly into house. Fenced yards, plenty of off street parking. One side ready for move in or re-rent.

Last Agent to Sell the Property

Kurt Kreager

Real Broker LLC License #21032790 Listed on: 03/06/2021

Real Broker LLC

Last Buyer's Agent

Yang Wang

eLink Realty License #137838

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1737778

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,003

Year Built

  • Built in 1998

Lot Details

  • 7,369 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Home Design

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

Interior Spaces

  • 2,850 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • Patio
  • High Speed Internet

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1877100160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,003

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1998
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2850
  • Special Features: VirtualTour
  • Cumulative Days on Market: 356

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Cul-De-Sac, Curbs, Dead End Street, Paved, Sidewalk
  • View: No
  • 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
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Auburn
  • SewerCompany: Auburn
  • WaterCompany: PSE
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 1877100160
  • Lot Size Acres: 0.1692
  • Lot Size Sq Ft: 7369
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 3590

Multi Family

  • Gross Scheduled Income: 43080
  • Net Operating Income: 35371
  • Number Of Units Total: 2
  • Insurance Expense: 1706
  • Leasable Area: 2850
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2021
Closed on
Mar 29, 2021
Sold by
Schnarel Charles B and Schnarel Kathleen Ann
Bought by
Wang Yang and Li Zongyan
Seller's Agent
Kurt Kreager
Real Broker LLC
Buyer's Agent
Yang Wang
eLink Realty
List Price
$569,923
Sold Price
$645,000
Premium/Discount to List
$75,077
13.17%
Current Estimated Value
$723,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,262
Avg. Annual Appreciation
3.40%
Original Mortgage
$483,750
Outstanding Balance
$373,892
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$373,440

Purchase Details

Closed on
Mar 6, 2015
Sold by
Schnarel Charles
Bought by
Schnarel Charles B and Schnarel Kathleen Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2015
Sold by
Jensen Matt and Jensen Jody
Bought by
Schnarel Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2015
Sold by
Eastside Funding Llc
Bought by
Schnarel Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,106
Interest Rate
3.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 29, 2007
Sold by
Brown Jeff K and Shanahan Mary Pat
Bought by
Jensen Matt and Jensen Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,350
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 1998
Sold by
Cox James W and Cox Linda K
Bought by
Brown Jeff K and Shanahan Mary Pat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,800
Interest Rate
6.89%
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
Wang Yang $645,000 First American Title Ins Co
Schnarel Charles B -- First American
Schnarel Charles $297,501 None Available
Schnarel Charles -- None Available
Jensen Matt $389,000 Stewart Title
Brown Jeff K $201,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yang $483,750
Previous Owner Schnarel Charles B $232,500
Previous Owner Schnarel Charles $63,106
Previous Owner Schnarel Charles $245,212
Previous Owner Jensen Matt $58,350
Previous Owner Jensen Matt $311,200
Previous Owner Brown Jeff K $160,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $645,000 +13.2% $226 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $569,923 -- $200 / 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 $8,229 $689,000 $202,000 $487,000
2023 $7,442 $617,000 $162,000 $455,000
2022 $6,867 $645,000 $176,000 $469,000
2021 $6,608 $512,000 $141,000 $371,000
2020 $6,003 $466,000 $132,000 $334,000
2018 $6,152 $428,000 $82,000 $346,000
2017 $5,542 $391,000 $75,000 $316,000
2016 $4,608 $352,000 $72,000 $280,000
2015 $4,550 $309,000 $67,000 $242,000
2014 -- $296,000 $63,000 $233,000
2013 -- $234,000 $58,000 $176,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1737778

Northwest Multiple Listing Service (NWMLS)

APN: 187710-0160