Listed by John L. Scott, Inc, Bought with COMPASS
NOT LISTED FOR SALE

630 Algona Blvd N Algona, WA 98001

Estimated Value: $575,000 - $685,000

4 Beds
2 Baths
1,940 Sq Ft
$336/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $675,000 $348 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,012/month

3 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • High Speed Internet
  • Patio
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2023

Excellent investment opportunity with this duplex plus 4 large storage units on over 1/3 acre! Duplex is a single-level rambler, each side with 2 bedrooms, 1 full bath, attached 1-car garage and in-unit laundry hook-ups. Storage units each have a roll-up door and power. Unit #1 is 20'x30', 2-4 are 12'x30'. Unit 630 has lease through June 2024, unit 628 is in a month-to-month lease. Live in one side and enjoy your investment & storage options, or rent it all out. Close to Outlet Collection and with easy freeway access, don't miss this rare property!

Last Agent to Sell the Property

Joshua Hall

John L. Scott, Inc License #25510 Listed on: 07/07/2023

John L. Scott, Inc

Last Buyer's Agent

Alec Klasna Woodward

COMPASS License #114896

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2134698

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 1979

Lot Details

  • 0.34 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Alpac Elementary School
  • Olympic Mid Middle School
  • Auburn Snr High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Algona Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3356402976

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,840

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1940
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Algona
  • WaterCompany: City of Algona
  • WaterSewerGarbage: 4560

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn
  • High School: Auburn Snr High
  • Middle Or Junior School: Olympic Mid

Lot Info

  • Parcel Number: 3356402976
  • Lot Size Acres: 0.3435
  • Lot Size Sq Ft: 14965
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio,Shop
  • MLSLotSizeSource: KCR
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 4515

Multi Family

  • Gross Scheduled Income: 54180
  • Net Operating Income: 42541
  • Number Of Units Total: 6
  • Electric Expense: 180
  • Insurance Expense: 1059
  • Leasable Area: 3740
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5840
  • AdditionalTaxIds: 3356402977

MLS Schools

  • Elementary School: Alpac Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Aug 2, 2023
Sold by
Brown Garland D and Brown Joyce
Bought by
Williams Justin Wade
Seller's Agent
Joshua Hall
John L. Scott, Inc
Buyer's Agent
Alec Klasna Woodward
COMPASS
List Price
$649,950
Sold Price
$675,000
Premium/Discount to List
$25,050
3.85%
Views
16
Current Estimated Value
$651,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,814
Avg. Annual Appreciation
-1.63%
Original Mortgage
$662,774
Outstanding Balance
$647,274
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$3,912
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
Williams Justin Wade $675,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Justin Wade $662,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $675,000 +3.9% $348 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $649,950 -- $335 / 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 $6,710 $587,000 $136,000 $451,000
2023 $6,486 $554,000 $109,000 $445,000
2022 $5,840 $592,000 $104,000 $488,000
2021 $5,760 $459,000 $89,000 $370,000
2020 $5,838 $429,000 $83,000 $346,000
2018 $5,421 $425,000 $76,000 $349,000
2017 $4,861 $361,000 $64,000 $297,000
2016 $4,130 $323,000 $64,000 $259,000
2015 $4,003 $284,000 $64,000 $220,000
2014 -- $265,000 $60,000 $205,000
2013 -- $169,000 $71,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2134698

Northwest Multiple Listing Service (NWMLS)

APN: 335640-2976