Listed by Realty ONE Group Orca Gold, Bought with Blue Emerald Real Estate Co.
NOT LISTED FOR SALE

403 Chicago Ave Algona, WA 98001

Estimated Value: $542,000 - $567,000

4 Beds
2 Baths
1,650 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $455,000 $276 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,307/month

57 Days on Market

Highlights

  • RV Access or Parking
  • High Speed Internet
  • Wood Siding
  • Corner Lot
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2021

Recently updated 1 level Duplex w/ tremendous cash flow opportunity awaits; situated on a large corner lot in a quiet neighborhood, enjoy 2 beds w/ 1 bath per unit, spacious & open floor plan, kitchen w/ tile counters, dining area, living area, detached garage, RV parking, close to freeway access, shopping, food and entertainment. Rent out both units or live in one unit and rent out the other.

Last Agent to Sell the Property

Greg Barrett

Realty ONE Group Orca Gold License #95428 Listed on: 07/21/2021

Realty ONE Group Orca Gold

Last Buyer's Agent

Carmen Neal

Blue Emerald Real Estate Co. License #26444

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1812081

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1975

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • 2 Covered Spaces
  • RV Access or Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Hillmans CD Pacific Condos
  • Algona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3356404540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1975

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1975
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hillmans CD Pacific
  • New Construction: No
  • CalculatedSquareFootage: 1650
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: No
  • Parking Features: RV Parking
  • Total Parking Spaces: 10

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 3356404540
  • Lot Size Acres: 0.303
  • Lot Size Sq Ft: 13200
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,RV Parking
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Tax Info

  • Year: 2021
  • Tax Annual Amount: 4569

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Nov 8, 2021
Sold by
Gounder Paramasevan and Gounder Christine P
Bought by
Yake Nathaniel S
Seller's Agent
Greg Barrett
Realty ONE Group Orca Gold
Buyer's Agent
Carmen Neal
Blue Emerald Real Estate Co.
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%
Current Estimated Value
$555,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,908
Avg. Annual Appreciation
4.80%
Original Mortgage
$471,380
Outstanding Balance
$431,274
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$124,634

Purchase Details

Closed on
Jun 27, 2007
Sold by
Lattimar Tana Jo
Bought by
Gounder Paramasevan and Gounder Christine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Lattimar Robert Jb
Bought by
Lattimar Tana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yake Nathaniel S $455,000 Chicago Title Company Of Wa
Gounder Paramasevan $246,000 Ticor National
Lattimar Tana J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yake Nathaniel S $471,380
Previous Owner Gounder Paramasevan $233,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $455,000 +7.1% $276 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/09/2021 09/09/21 Price Changed $425,000 0.0% $258 / Sq Ft
09/09/2021 09/09/21 For Sale $425,000 +2.4% $258 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $415,000 +29.7% $252 / Sq Ft
07/21/2021 07/21/21 For Sale $319,950 -- $194 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $5,320 $465,000 $136,000 $329,000
2023 $5,143 $439,000 $109,000 $330,000
2022 $4,635 $469,000 $104,000 $365,000
2021 $4,569 $364,000 $89,000 $275,000
2020 $3,892 $340,000 $83,000 $257,000
2018 $3,612 $279,000 $75,000 $204,000
2017 $3,240 $237,000 $63,000 $174,000
2016 $2,767 $212,000 $63,000 $149,000
2015 $2,689 $187,000 $63,000 $124,000
2014 -- $175,000 $59,000 $116,000
2013 -- $142,000 $70,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1812081

Northwest Multiple Listing Service (NWMLS)

APN: 335640-4540

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