Listed by Real Broker LLC
NOT LISTED FOR SALE

3818 D Place SE Unit 1-4 Auburn, WA 98002

South Auburn Neighborhood

Estimated Value: $826,000 - $997,000

8 Beds
4 Baths
3,784 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 06, 2016

Last sale price $440,000 $116 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,456/month

2 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • High Speed Internet
  • Thermal Windows
  • Patio
  • Wood Siding

About This Home

As of June 2016

Well-maintained FOURPLEX. A solid, turn-key investment property located in a quiet cul-de-sac neighborhood. Large and open 2bed/1bath 946 SF units with individual washer/dryers & fireplaces; upper balconies / lower patios; energy efficient double-pane windows. Plenty of off-street parking; close to schools, shopping and freeway access. Long-term tenants: rents could easily be increased to $925-950 each, creating an 8+% Cap Rate. You will not find a cleaner 4-Plex available in the area!

Last Agent to Sell the Property

Charles Burnett

Real Broker LLC License #50261 Listed on: 05/02/2016

Co-Listed By

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Last Buyer's Agent

Nicholas Vilvandre'

Keller Williams Downtown Sea License #107068

Keller Williams Downtown Sea

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 934450

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1981

Lot Details

  • 9,266 Sq Ft Lot
  • Cul-De-Sac
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,784 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • High Speed Internet

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7326800050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,745

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1981
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3784
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

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
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • WaterSewerGarbage: 3800

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Parcel Number: 7326800050
  • Lot Size Acres: 0.2127
  • Lot Size Sq Ft: 9266
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,High Speed Internet,Patio
  • MLSLotSizeSource: realist
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3230

Multi Family

  • Gross Scheduled Income: 45600
  • Net Operating Income: 36055
  • Number Of Units Total: 4
  • Insurance Expense: 1000
  • Leasable Area: 3784
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 4745

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2016
Closed on
Jun 3, 2016
Sold by
Hardy Robert and Hardy Lisa
Bought by
Cedar Lane Mhp Llc
Seller's Agent
Charles Burnett
Real Broker LLC
Buyer's Agent
Nicholas Vilvandre'
Keller Williams Downtown Sea
List Price
$435,000
Sold Price
$440,000
Premium/Discount to List
$5,000
1.15%
Current Estimated Value
$896,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,188
Avg. Annual Appreciation
7.89%

Purchase Details

Closed on
Sep 16, 2002
Sold by
Candito Joseph J and Candito Carolyn J
Bought by
Hardy Robert and Hardy Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.37%

Purchase Details

Closed on
Jan 23, 2001
Sold by
Candito Joseph J and Candito Carolyn J
Bought by
Candito Joseph J and Candito Carolyn J
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
Cedar Lane Mhp Llc $440,000 Old Republic T
Hardy Robert $262,000 Old Republic Title
Candito Joseph J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardy Robert $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2016 06/06/16 Sold $440,000 +1.1% $116 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
05/02/2016 05/02/16 For Sale $435,000 -- $115 / 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 $8,674 $726,000 $145,000 $581,000
2023 $8,829 $730,000 $134,300 $595,700
2022 $8,769 $770,000 $120,000 $650,000
2021 $8,607 $660,000 $120,000 $540,000
2020 $8,224 $613,000 $110,000 $503,000
2018 $6,856 $471,000 $100,000 $371,000
2017 $6,097 $437,000 $100,000 $337,000
2016 $5,594 $388,000 $100,000 $288,000
2015 -- $379,000 $100,000 $279,000
2014 -- $308,000 $100,000 $208,000
2013 -- $296,000 $100,000 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 934450

Northwest Multiple Listing Service (NWMLS)

APN: 732680-0050