NOT LISTED FOR SALE

Estimated Value: $542,052 - $695,000

4 Beds
4 Baths
2,760 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $615,000 $223 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,830/month

94 Days on Market

About This Home

As of March 2023

WELL DESIGNED, FINANCABLE DUPLEX! Both (identical) units have 2 bedrooms + loft/bonus room, 2.5 bath, 1100 sqft and built in 2002. Big kitchen & dining area w/ desk. Master bedroom on main w/ separate bathroom. Attached one car garage. Close proximity to freeway and shopping make for a great home, rental, or both. Ideal property to live in one unit and rent the 2nd one or rent both units. Excellent neighborhood. Great Schools. Currently both units rented month to month. Each unit rents now $1450

Last Agent to Sell the Property

Chris Nye

MLS4owners.com License #13886 Listed on: 10/25/2022

Last Buyer's Agent

Kimberley Duval

WA Move Real Estate LLC License #20112856

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 2002

Lot Details

  • 6,795

Parking

  • Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Operating Expense $5,904
  • Gross Income $33,585
  • Net Operating Income $27,681

Listing and Financial Details

  • Assessor Parcel Number 107029007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,569

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2002
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Road Surface Type: Concrete, Paved
  • Roof: Shingle

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: R18
  • Parcel #: 107029007

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 3568.78

Multi Family

  • Gross Rent Multiplier: 19.21
  • Annual Gross Income: 33585.0
  • Property Net Operating Income: 27681.0
  • Annual Operating Expense: 5904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Mar 24, 2023
Sold by
Erie Investment And Management Llc
Bought by
Hsiao Tien
Seller's Agent
Chris Nye
MLS4owners.com
Buyer's Agent
Kimberley Duval
WA Move Real Estate LLC
List Price
$645,000
Sold Price
$615,000
Premium/Discount to List
-$30,000
-4.65%
Views
211
Current Estimated Value
$623,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,620
Avg. Annual Appreciation
0.67%
Original Mortgage
$522,750
Outstanding Balance
$510,266
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$114,428

Purchase Details

Closed on
Feb 12, 2013
Sold by
Konez Orhan and Konez Elizabeth
Bought by
Erie Investment & Management Llc

Purchase Details

Closed on
Feb 4, 2010
Sold by
Us Bank National Association
Bought by
Konez Orhan and Konez Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2009
Sold by
Williams Ted J
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 15, 2006
Sold by
Williams Ted J and Williams Vicki E
Bought by
Jts Investment Inc

Purchase Details

Closed on
Mar 20, 2006
Sold by
Williams Vicki
Bought by
Williams Ted J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hsiao Tien $615,000 Chicago Title
Erie Investment & Management Llc -- None Available
Konez Orhan $205,000 First American Title
Us Bank National Association $245,000 First American Title
Jts Investment Inc -- Clark County Title Co
Williams Ted J -- Clark County Title Co
Williams Ted J -- Stewart Title
Williams Ted J $316,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsiao Tien $522,750
Previous Owner Konez Orhan $137,400
Previous Owner Konez Orhan $153,750
Previous Owner Williams Ted J $79,100
Previous Owner Williams Ted J $237,350
Previous Owner Williams Ted J $79,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $615,000 -4.7% $223 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
10/25/2022 10/25/22 For Sale $645,000 -- $234 / 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
2025 $4,635 $449,734 $165,000 $284,734
2024 $4,328 $454,375 $165,000 $289,375
2023 $4,325 $443,801 $165,000 $278,801
2022 $3,844 $436,807 $165,000 $271,807
2021 $3,569 $360,956 $140,000 $220,956
2020 $3,299 $314,889 $125,000 $189,889
2019 $3,117 $291,756 $119,130 $172,626
2018 $3,594 $297,544 $0 $0
2017 $3,033 $277,565 $0 $0
2016 $2,759 $243,682 $0 $0
2015 $2,762 $205,846 $0 $0
2014 -- $196,362 $0 $0
2013 -- $185,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22533854

Regional Multiple Listing Service (RMLS)

APN: 107029-007