Listed by Coldwell Banker Walla Walla, Bought with Coldwell Banker Walla Walla
NOT LISTED FOR SALE

350 SE 3rd College Place Wa College Place, WA 99324

Estimated Value: $399,000 - $498,000

4 Beds
2 Baths
2,238 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $335,000 $150 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,658/month

19 Days on Market

Highlights

  • City View
  • Wood Siding
  • 5-minute walk to Kiwanis Park

About This Home

As of April 2021

Great multifamily investment. This tri-plex consisting of: 2 - two bedroom/1 bathroom & 1 - one bedroom/1bathroom unit. Also includes a double detached garage for tenants use. Located next to Davis School, Kiwanis Park and within walking distance to Walla Walla University. A new roof was just installed by Elsom Roofing in November 2020. Professionally managed with a strong rental history.

Last Agent to Sell the Property

Travis Watts

Coldwell Banker Walla Walla License #24200 Listed on: 12/30/2020

Coldwell Banker Walla Walla

Last Buyer's Agent

Gary Hanson

Coldwell Banker Walla Walla License #89926

Coldwell Banker Walla Walla

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1712763

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1975

Lot Details

  • 9,374

Home Design

  • Triplex
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,238 Sq Ft Home
  • 2-Story Property
  • City Views

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Additional Features

  • 9,374 Sq Ft Lot
  • Cable TV Available

Community Details

  • Ash Subdivision

Listing and Financial Details

  • Assessor Parcel Number 350736512106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,682

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1975
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2238
  • SOCComments: See Agent Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: City
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Concrete Ribbon
  • Structure Type: Triplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Utilities: Cable Connected, Sewer Connected, Electric, Natural Gas Connected
  • WaterSewerGarbage: 4497

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: College Place

Lot Info

  • Parcel Number: 350736512106
  • Lot Size Acres: 0.2152
  • Lot Size Sq Ft: 9374
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 2025

Multi Family

  • Gross Scheduled Income: 24623
  • Net Operating Income: 13850
  • Number Of Units Total: 3
  • Insurance Expense: 888
  • Leasable Area: 2238
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2682

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Mar 26, 2021
Sold by
Tuttle Sally and Bryant Richard
Bought by
Cervantes Pablo Maldonado and Maldonado Leonor I
Seller's Agent
Travis Watts
Coldwell Banker Walla Walla
Buyer's Agent
Gary Hanson
Coldwell Banker Walla Walla
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$440,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,030
Avg. Annual Appreciation
4.63%
Original Mortgage
$251,250
Outstanding Balance
$228,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$181,048

Purchase Details

Closed on
Oct 12, 2006
Sold by
Short Stanley J
Bought by
Roberts Earl and Tuttle Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.46%
Mortgage Type
New Conventional
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
Cervantes Pablo Maldonado $335,000 Land Ttl Of Walla Walla Cnty
Roberts Earl $205,000 Walla Walla Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Pablo Maldonado $251,250
Previous Owner Roberts Earl $151,400
Previous Owner Tuttle Sally $171,000
Previous Owner Roberts Earl $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $335,000 0.0% $150 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $335,000 -- $150 / 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 $3,342 $335,500 $60,900 $274,600
2023 $3,342 $330,510 $60,940 $269,570
2022 $3,210 $317,670 $60,940 $256,730
2021 $2,694 $274,890 $60,940 $213,950
2020 $2,682 $203,570 $60,940 $142,630
2019 $2,519 $203,570 $46,600 $156,970
2018 $2,780 $203,570 $46,600 $156,970
2017 $2,487 $203,570 $46,600 $156,970
2016 $2,602 $189,300 $46,600 $142,700
2015 $2,633 $189,300 $46,600 $142,700
2014 -- $189,300 $46,600 $142,700
2013 -- $189,300 $46,600 $142,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1712763

Northwest Multiple Listing Service (NWMLS)

APN: 350736512106