NOT LISTED FOR SALE
9 Beds
9 Baths
53,596 Sq Ft
1.31 Acres

Last Sold December 04, 2018

Last sale price $9,525,000 $178 Per Sq Ft

54 Days on Market

Highlights

  • Guest Parking
  • Washer and Dryer
  • Lap Siding
  • Garage
  • Level Lot

About This Home

As of December 2018

New Construction 34 Unit investment opportunity. Completed by end of July. Durable materials (vinyl fence, granite counters, vinyl plank flooring) used to reduce long term holding costs. Approx half of the units are currently leased, anticipated to have all leased prior to close. All units 3 BR/2.5 BA, includes A/C, garage opener, refrig, W&D, window treatments. Rental Portfolio and Pro-Forma available.

Last Agent to Sell the Property

Patrick Ginn

Ginn Group License #24353 Listed on: 06/08/2018

Co-Listed By

John Blom

Windermere Northwest Living License #25455

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 1.31

Parking

  • Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Range
  • Washer and Dryer

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 34 Units
  • Property managed by Ginn Property Management

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 53596
  • Stories: 2
  • Year Built: 2018
  • Property Condition: New Construction
  • Remarks Public: New Construction 34 Unit investment opportunity. Completed by end of July. Durable materials (vinyl fence, granite counters, vinyl plank flooring) used to reduce long term holding costs. Approx half of the units are currently leased, anticipated to have all leased prior to close. All units 3 BR/2.5 BA, includes A/C, garage opener, refrig, W&D, window treatments. Rental Portfolio and Pro-Forma available.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Ex A Attached

Exterior Features

  • Exterior Description: Lap Siding, Cement Siding
  • Lot Size: 1 to 2.99 Acres
  • Roof Type: Composition
  • Foundation Details: Slab

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Guest, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Ginn Property Management
  • Unit Features: Range, Refrigerator, Washer/Dryer, Air Conditioning

Schools

  • Elementary School: Orchards
  • Middle School: Covington
  • High School: Heritage

Lot Info

  • Lot Description: Level
  • Zoning: R-18

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 102000.00
  • Assessor Parcel Number: Not Found
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 34
  • Gross Rent Multiplier: 13.07

MLS Schools

  • Elementary School: Orchards
  • High School: Heritage
  • Middle School: Covington

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

Property History

Date Event Price Change Sq Ft Price
12/04/2018 12/04/18 Sold $9,525,000 0.0% $178 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $9,529,392 +1732.6% $178 / Sq Ft
09/09/2016 09/09/16 Sold $520,000 +22.4% $400 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $425,000 -- $327 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18442635

Regional Multiple Listing Service (RMLS)

APN: 106845-000