NOT LISTED FOR SALE

Estimated Value: $467,791 - $551,000

4 Beds
2 Baths
1,560 Sq Ft
$324/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $374,900 $240 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,193/month

37 Days on Market

Highlights

  • Private Lot
  • Zoned Heating
  • 1-Story Property
  • Guest Parking

About This Home

As of August 2019

Great investment property! Keep tenants or live on one side. Lenders count rent of other unit to qualify. 90 days notice required to occupy as a residence. This duplex is in the vibrant Mt. Scott neighborhood and boasts vaulted ceilings, a fireplace/wood stove, in-unit laundry and a patio for each tenant on opposite sides of the building. All nestled on a quiet, dead end street. Please do not disturb tenants. Photos are from 2009.

Last Agent to Sell the Property

Sarah Fennell

Urban Nest Realty License #201223026 Listed on: 06/09/2019

Co-Listed By

Andrew Lightcap

Premiere Property Group, LLC License #200410275

Last Buyer's Agent

Scott Brooks

Engel & Volkers Portland Rose City License #201208071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,820

Year Built

  • Built in 1981

Lot Details

  • Private Lot
  • Secluded Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Guest Parking

Home Design

  • Stem Wall Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Marysville Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection
  • Assessor Parcel Number R200063

Community Details

Overview

  • 2 Units
  • Mt Scott Arleta Subdivision
  • Property managed by Lori Benson

Building Details

  • Operating Expense $9,446
  • Gross Income $27,320
  • Net Operating Income $19,023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,820

Year Built

Built in 1981

Lot Details

0

Parking

5

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1981
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksAmenities: Blocks to Community center, restaurants and library. Located near public transit stops and bike paths. Bike score of 91.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Aluminum,VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: StemWall
  • View: No
  • Lot Features: Level, Private, Secluded
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Guest, Paved
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Lori Benson

Schools

  • Elementary School: Marysville
  • High School: Franklin
  • Middle Or Junior School: Marysville

Lot Info

  • Zoning: R-2
  • Parcel #: R200063

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4819.84

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.72
  • Annual Gross Income: 27320.0
  • Property Net Operating Income: 19023.0
  • Annual Operating Expense: 9446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Aug 26, 2019
Sold by
Harden Dana D and Harden Philip L
Bought by
Chen Jill T and The Jill T Chen Trust
Seller's Agent
Sarah Fennell
Urban Nest Realty
Buyer's Agent
Scott Brooks
Engel & Volkers Portland Rose City
List Price
$389,900
Sold Price
$374,900
Premium/Discount to List
-$15,000
-3.85%
Current Estimated Value
$504,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,798
Avg. Annual Appreciation
4.99%
Original Mortgage
$281,175
Outstanding Balance
$246,791
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$257,907

Purchase Details

Closed on
Jul 22, 2013
Sold by
Harden Dana D
Bought by
Harden Dana D and Harden Philip L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Hartney John M
Bought by
Harden Dana D and Harden Phillip L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chen Jill T $374,900 Lawyers
Harden Dana D -- Stewart Title
Harden Dana D $167,500 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jill T $281,175
Previous Owner Harden Dana D $116,400
Previous Owner Harden Dana D $134,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2019 08/27/19 Sold $374,900 0.0% $240 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $374,900 -3.4% $240 / Sq Ft
06/25/2019 06/25/19 Price Changed $387,900 -0.5% $249 / Sq Ft
06/08/2019 06/08/19 For Sale $389,900 -- $250 / 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 $6,076 $227,100 -- --
2023 $5,843 $220,490 $0 $0
2022 $5,716 $214,070 $0 $0
2021 $5,619 $207,840 $0 $0
2020 $5,155 $201,790 $0 $0
2019 $4,966 $195,920 $0 $0
2018 $4,820 $190,220 $0 $0
2017 $4,619 $184,680 $0 $0
2016 $4,228 $179,310 $0 $0
2015 $3,953 $174,090 $0 $0
2014 $3,887 $169,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19416803

Regional Multiple Listing Service (RMLS)

APN: R200063