Listed by COMPASS, Bought with Gold Token Property Management
NOT LISTED FOR SALE

Estimated Value: $735,000 - $844,028

5 Beds
3 Baths
2,352 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $590,000 $251 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,844/month

57 Days on Market

Highlights

  • Wood Siding
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of May 2020

Great investment opportunity, 4-plex in the heart of Auburn. Take advantage of the near 100% occupancy rate, coin op laundry, covered parking. 2 year old roof, updated units, brand new co-op washer and dryer units etc! Easy access to freeways and close to amenities, makes this a perfect investment!

Last Agent to Sell the Property

Omar Espinosa

COMPASS License #113394 Listed on: 12/12/2019

COMPASS

Last Buyer's Agent

Jason Lee

Gold Token Property Management License #27685

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1547158

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,436

Year Built

  • Built in 1978

Lot Details

  • 8,108 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Lemkes Second Condos
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4261010030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,436

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Lemkes Second
  • New Construction: No
  • CalculatedSquareFootage: 2352
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 4200

Schools

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

Lot Info

  • Parcel Number: 4261010030
  • Lot Size Acres: 0.1861
  • Lot Size: 8108
  • Lot Size Sq Ft: 8108
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gas Available
  • MLSLotSizeSource: public records

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 4350

Multi Family

  • Gross Scheduled Income: 52200
  • Net Operating Income: 39997
  • Number Of Units Total: 4
  • Insurance Expense: 1367
  • Leasable Area: 2352
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5436

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Apr 29, 2020
Sold by
Dean Chais P
Bought by
Kroll Douglas and Kroll Lisa S
Seller's Agent
Omar Espinosa
COMPASS
Buyer's Agent
Jason Lee
Gold Token Property Management
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$791,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,257
Avg. Annual Appreciation
5.51%
Original Mortgage
$413,000
Outstanding Balance
$372,207
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$419,050

Purchase Details

Listed on
Jun 15, 2017
Closed on
Aug 11, 2017
Sold by
Taylor Aaron J
Bought by
Dean Chais P
Buyer's Agent
Francisco Dictado
KW Lake Washington So
List Price
$455,000
Sold Price
$441,000
Premium/Discount to List
-$14,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.34%
Original Mortgage
$455,553
Interest Rate
3.96%

Purchase Details

Closed on
Jan 25, 2006
Sold by
Taylor Sueann Marie
Bought by
Taylor Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.28%

Purchase Details

Closed on
Jul 13, 2004
Sold by
Taylor Sueann Marie
Bought by
Taylor Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
3.88%

Purchase Details

Closed on
Jul 9, 2004
Sold by
Hardin Jack O
Bought by
Taylor Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
3.88%

Purchase Details

Closed on
Jan 2, 1991
Sold by
Joseph Mathew and Joseph Mariamma
Bought by
Hardin Jack O and Hardin Leanna M
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
Kroll Douglas $590,000 Cw Title
Dean Chais P $441,000 Cw Title
Taylor Aaron J -- The Talon Grou
Taylor Aaron J -- Chicago Title
Taylor Aaron J $259,000 Chicago Title
Hardin Jack O $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kroll Douglas $413,000
Previous Owner Dean Chais P $455,553
Previous Owner Taylor Aaron J $252,000
Previous Owner Taylor Aaron J $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2020 05/04/20 Sold $590,000 -1.5% $251 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
02/05/2020 02/05/20 For Sale $599,000 0.0% $255 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $599,000 +35.8% $255 / Sq Ft
08/18/2017 08/18/17 Sold $441,000 -3.1% $188 / Sq Ft View Prior Sale
07/13/2017 07/13/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $455,000 -- $193 / 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 $7,937 $670,000 $135,000 $535,000
2023 $8,448 $678,000 $121,600 $556,400
2022 $7,063 $744,000 $115,000 $629,000
2021 $6,917 $532,000 $115,000 $417,000
2020 $6,368 $493,000 $110,000 $383,000
2018 $4,854 $320,000 $75,000 $245,000
2017 $4,603 $307,000 $75,000 $232,000
2016 $4,207 $292,000 $75,000 $217,000
2015 $3,318 $284,000 $75,000 $209,000
2014 -- $213,000 $75,000 $138,000
2013 -- $212,000 $75,000 $137,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1547158

Northwest Multiple Listing Service (NWMLS)

APN: 426101-0030