NOT LISTED FOR SALE

Estimated Value: $408,000 - $537,000

6 Beds
4 Baths
2,240 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $310,000 $138 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,075/month

6 Days on Market

Highlights

  • Corner Lot
  • Garage
  • Lap Siding

About This Home

As of March 2018

High yield, low maintenance, turn-key, newer duplex conveniently located in between Springfield and Thurston areas. Rents currently under market value due to wonderful long term tenants. Fresh coat of exterior paint. Whether you are looking to begin or to increase your real estate investment portfolio, this solid duplex is a no brainer. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Jennifer Radcliffe

Hybrid Real Estate License #201205564 Listed on: 02/07/2018

Hybrid Real Estate

Co-Listed By

Dana Bankus

Hybrid Real Estate License #201218946

Last Buyer's Agent

Brandy Huynh

RE/MAX Integrity License #200912121

RE/MAX Integrity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,930

Year Built

  • Built in 2005

Lot Details

  • 6,098

Parking

  • Garage
  • Off-Site Parking

Home Design

  • Lap Siding
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Disposal

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,930

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2240
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Existing
  • Remarks Public: High yield, low maintenance, turn-key, newer duplex conveniently located in between Springfield and Thurston areas. Rents currently under market value due to wonderful long term tenants. Fresh coat of exterior paint. Whether you are looking to begin or to increase your real estate investment portfolio, this solid duplex is a no brainer. PLEASE DO NOT DISTURB TENANTS!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Partition Plat: 2005-P1869 PCL 2 TL 03403, RecordNo: 2005-0238
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Off Site, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Disposal, Microwave, Range, Refrigerator

Schools

  • Elementary School: Douglas Gardens
  • Middle School: Agnes Stewart
  • High School: Springfield

Lot Info

  • Lot Description: Corner Lot
  • Zoning: MD

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3827.52
  • Assessor Parcel Number: 1756129

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.78

MLS Schools

  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle School: Agnes Stewart

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 12, 2018
Sold by
Strickland Jack G and Strickland Pamela C
Bought by
Brailsford Julian and Brailsford Debra L
Seller's Agent
Jennifer Radcliffe
Hybrid Real Estate
Buyer's Agent
Brandy Huynh
RE/MAX Integrity
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%
Current Estimated Value
$488,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,972
Avg. Annual Appreciation
6.30%
Original Mortgage
$232,500
Outstanding Balance
$198,580
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$290,392

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 9, 2018
Sold by
Strickland Jack G and Strickland Pamela C
Bought by
Braislford Julian and Braislford Debra L
Seller's Agent
Jennifer Radcliffe
Hybrid Real Estate
Buyer's Agent
Brandy Huynh
RE/MAX Integrity
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%

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
Outstanding Balance
$198,580
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$290,392

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 7, 2018
Sold by
Summer Development Inc
Bought by
Strickland Jack G and Strickland Pamela C
Seller's Agent
Jennifer Radcliffe
Hybrid Real Estate
Buyer's Agent
Brandy Huynh
RE/MAX Integrity
List Price
$299,000
Sold Price
$310,000
Premium/Discount to List
$11,000
3.68%

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
Outstanding Balance
$198,580
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$290,392

Purchase Details

Closed on
Jul 15, 2009
Sold by
Leatham Scott C and Leatham Lisa K
Bought by
Strickland Jack G and Strickland Pamela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Knights Duane A
Bought by
Leatham Scott C and Leatham Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 26, 2005
Sold by
Tardie Michael
Bought by
Knights Duane A
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
Brailsford Julian $310,000 Cascade Title
Strickland Jack G -- Cascade Title
Braislford Julian $310,000 Cascade Title Co
Strickland Jack G -- Cascade Title Co
Strickland Jack G $245,000 Western Title
Leatham Scott C $170,843 Fidelity National Title Insu
Knights Duane A $20,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brailsford Julian $232,500
Closed Braislford Julian $232,500
Previous Owner Strickland Pamela C $165,000
Previous Owner Strickland Jack G $183,750
Previous Owner Leatham Scott C $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $310,000 +3.7% $138 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $299,000 -- $133 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,930 $265,340 -- --
2023 $4,930 $257,612 $0 $0
2022 $4,566 $250,109 $0 $0
2021 $4,485 $242,825 $0 $0
2020 $4,354 $235,753 $0 $0
2019 $4,223 $228,887 $0 $0
2018 $3,980 $215,749 $0 $0
2017 $3,828 $215,749 $0 $0
2016 $3,747 $209,465 $0 $0
2015 $3,640 $203,364 $0 $0
2014 $3,426 $196,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18641370

Regional Multiple Listing Service (RMLS)

APN: 1756129