Listed by eXp Realty, Bought with Inspire Realty
NOT LISTED FOR SALE

Estimated Value: $646,000 - $834,737

12 Beds
4 Baths
3,440 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $815,000 $237 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,652/month

34 Days on Market

Highlights

  • 0.48 Acre Lot
  • Vinyl Plank Flooring
  • Wood Siding
  • No HOA
  • Baseboard Heating
  • 1-Story Property

About This Home

As of September 2024

Income generating opportunity! With a cap rate of 5.9% you'll enjoy great cash flow generated by these 4 units, consisting of 2 duplexes. Each unit is 3 BD, 1 BA with kitchen, and laundry. Terrific Auburn location with lots of parking and fully fenced. Being sold AS-IS. Don't miss this opportunity to secure a solid, income-generating asset! Seller has a 2.5% FHA assumable loan.

Last Agent to Sell the Property

Donna Huber

eXp Realty License #20110807 Listed on: 07/24/2024

eXp Realty

Last Buyer's Agent

Pavel Radchuk

Inspire Realty License #21012361

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2267900

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,075

Year Built

  • Built in 1942

Lot Details

  • 0.48 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 3,440 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 15 Parking Spaces
  • Open Parking

Schools

  • Terminal Park Elementary School
  • Olympic Mid Middle School
  • Auburn Snr High School

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1821059302

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,075

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1942
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3440
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 15

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Auburn
  • WaterCompany: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 1821059302
  • Lot Size Acres: 0.4835
  • Lot Size Sq Ft: 21060
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.05
  • LeasedItems: None
  • TotalMonthlyIncome: 6225

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8075

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Terminal Park Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2025
Sold by
Radchuk Daniel P
Bought by
Radchuk Daniel P and Radchuk Larisa
Current Estimated Value
$752,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,000
Outstanding Balance
$810,115
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$49,681

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 5, 2024
Sold by
Lalangan Abigail M and Llewellyn Abigail Lalangan
Bought by
Future Llc and Next Home Llc
Seller's Agent
Donna Huber
eXp Realty
Buyer's Agent
Pavel Radchuk
Inspire Realty
List Price
$900,000
Sold Price
$815,000
Premium/Discount to List
-$85,000
-9.44%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.31%
Original Mortgage
$787,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Lalangan Freneo V and Lalangan Susan M
Bought by
Lalangan Abigail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,708
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 22, 2018
Sold by
Lalangan Ireneo V and Lalangan Susan M
Bought by
Lalangan Susan M and Lalangan Ireneo V

Purchase Details

Closed on
Oct 20, 2006
Sold by
Nw Properties Llc
Bought by
Lalangan Ireneo and Lalangan Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2001
Sold by
Werzynski Natalia
Bought by
Nw Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.99%

Purchase Details

Closed on
Sep 14, 2001
Sold by
Wate Kerry E and Wate Cheryl L
Bought by
Werzynski Natalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 4, 2001
Sold by
Wate Kerry E and Wate Cheryl L
Bought by
Wate Kerry E and Wate Cheryl L

Purchase Details

Closed on
Jun 14, 1999
Sold by
Maclean John
Bought by
Wate Kerry E and Wate Cheryl L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.9%
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
Radchuk Daniel P $313 Cw Title
Radchuk Daniel P $313 Cw Title
Radchuk Daniel P $313 Cw Title
Future Llc $815,000 Fidelity National Title
Lalangan Abigail M $608,000 Wfg National Title
Lalangan Susan M -- None Available
Lalangan Ireneo $422,000 Commonwealth L
Nw Properties Llc -- Old Republic Title Ltd
Werzynski Natalia $295,000 Washington Title
Wate Kerry E -- --
Wate Kerry E $242,500 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radchuk Daniel P $813,000
Previous Owner Future Llc $787,500
Previous Owner Lalangan Abigail M $587,708
Previous Owner Lalangan Ireneo $337,600
Previous Owner Werzynski Natalia $236,000
Previous Owner Wate Kerry E $169,750
Closed Wate Kerry E $36,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $815,000 -9.4% $237 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $900,000 0.0% $262 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $900,000 -- $262 / 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 $8,292 $694,000 $178,000 $516,000
2023 $8,075 $652,000 $143,000 $509,000
2022 $7,239 $681,000 $155,000 $526,000
2021 $6,760 $541,000 $124,000 $417,000
2020 $6,141 $477,000 $116,000 $361,000
2018 $6,583 $461,000 $104,000 $357,000
2017 $5,855 $420,000 $95,000 $325,000
2016 $5,065 $373,000 $91,000 $282,000
2015 $4,951 $342,000 $84,000 $258,000
2014 -- $324,000 $79,000 $245,000
2013 -- $253,000 $72,000 $181,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2267900

Northwest Multiple Listing Service (NWMLS)

APN: 182105-9302