NOT LISTED FOR SALE

Estimated Value: $452,000 - $474,000

5 Beds
3 Baths
1,964 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $248,000 $126 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,772/month

5 Days on Market

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • 1-Story Property
  • Cul-De-Sac
  • Garage
  • 1-minute walk to Thurston Park

About This Home

As of September 2017

DUPLEX in nice Thurston neighborhood on culdesac corner lot. 3 bed/2 bath one unit, 2 bed/1 bath on other. 1 car garage each side with W/D hook ups. Newer vinyl windows. Fenced, low maintenance yards. Built in 1964. Rents $950 and $850. Cap rate: 6%+ GRM:11% Taxes: $2,986 Clean units with good tenants. Would be good owner occupied! Close to schools & parks. View on Friday Aug 11th. Call for appt.Offer deadline 8/14/17 by 5:00 p.m.

Last Agent to Sell the Property

D'arcy Martin

Martin & Co Realty License #921200084 Listed on: 08/09/2017

Last Buyer's Agent

John Coots

Nelson & Coots Real Estate Services License #200512095

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • Cul-De-Sac
  • Corner Lot

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1964
  • Stories: 1
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: TL 01008
  • Basement: Crawl Space, None
  • Storage: Garage(s)

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Corner Lot, Cul-de-sac
  • Zoning: Res

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2986.34
  • Assessor Parcel Number: 1074879

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.34

MLS Schools

  • Elementary School: Ridgeview
  • High School: Thurston
  • Middle School: Thurston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2017
Closed on
Sep 11, 2017
Sold by
Elder John N and Elder Linda Susan
Bought by
Franklin Rental Properties Llc
Seller's Agent
D'arcy Martin
Martin & Co Realty
Buyer's Agent
John Coots
Nelson & Coots Real Estate Services
List Price
$245,000
Sold Price
$248,000
Premium/Discount to List
$3,000
1.22%
Current Estimated Value
$463,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,823
Avg. Annual Appreciation
7.63%
Original Mortgage
$250,000
Outstanding Balance
$208,437
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$255,386

Purchase Details

Closed on
May 9, 2014
Sold by
Cadeau Capital Investments Llc
Bought by
Elder John N and Elder Linda Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,125
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Sold by
Elder John N and Elder Linda S
Bought by
Cadeau Capital Investments Llc

Purchase Details

Closed on
Apr 10, 2007
Sold by
Cadeau Capital Investments Llc
Bought by
Elder John N and Elder Linda S

Purchase Details

Closed on
Aug 20, 2003
Sold by
Elder John N and Elder Linda S
Bought by
Cadeau Capital Investments Llc

Purchase Details

Closed on
Jan 7, 2003
Sold by
Wilson Kelly L
Bought by
Elder John N and Elder Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.06%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Wilson Zackary R and Wilson Kelly Lea
Bought by
Wilson Kelly L

Purchase Details

Closed on
Aug 12, 2002
Sold by
Federal National Mortgage Association
Bought by
Wilson Kelly L

Purchase Details

Closed on
Jul 24, 2002
Sold by
Marshall Richard H and Adams James W
Bought by
National City Mtg Co

Purchase Details

Closed on
Jul 3, 2002
Sold by
National City Mtg Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 10, 1999
Sold by
Etal Straub Robert W Te and Etal Patricia S
Bought by
Adams James W and Marshall Richard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.96%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Franklin Rental Properties Llc $248,000 First American
Elder John N -- First American Title
Cadeau Capital Investments Llc -- Cascade Title Co
Elder John N -- Cascade Title Co
Cadeau Capital Investments Llc -- --
Elder John N $192,000 Evergreen Land Title Co
Wilson Kelly L -- Evergreen Land Title Co
Wilson Kelly L $132,000 Evergreen Land Title Co
National City Mtg Co $143,589 Western Title & Escrow Compa
Federal National Mortgage Association -- Western Title & Escrow Compa
Adams James W $150,000 Key Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Rental Properties Llc $250,000
Previous Owner Elder John N $139,125
Previous Owner Elder John N $144,000
Previous Owner Adams James W $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $248,000 +1.2% $126 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $245,000 -- $125 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,994 $217,812 -- --
2024 $3,929 $211,468 -- --
2023 $3,929 $205,309 $0 $0
2022 $3,639 $199,330 $0 $0
2021 $3,574 $193,525 $0 $0
2020 $3,470 $187,889 $0 $0
2019 $3,365 $182,417 $0 $0
2018 $3,172 $171,946 $0 $0
2017 $3,050 $171,946 $0 $0
2016 $2,986 $166,938 $0 $0
2015 $2,901 $162,076 $0 $0
2014 $2,857 $157,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17007103

Regional Multiple Listing Service (RMLS)

APN: 1074879

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