NOT LISTED FOR SALE
4 Beds
3 Baths
5,357 Sq Ft
16,988 Sq Ft Lot

Sale Details

Date Sold: October 19, 2023

Last sale price $1,150,000 $215 Per Sq Ft

78 Days on Market

Highlights

  • Accessible Hallway
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2023

Bonnie Lane Apartments. Turnkey investment offering- rare find- zoned R3 -2 structures. Main house with studio apartment currently rented. Apartment complex - 4 units upstairs units built in 2023, all are rented. Good Investment return- with additional potential income are excellent. see informational flier located in listing public documents. The 4,320 sq.ft apartment complex building in past years was utilized for a business. In 2023, conversion was completed building out 4 apartment units upstairs. Certificate of occupancy issued 2023. All the units are currently occupied with established tenants. The units include two 1 bed/1ba units, and two studio units. All the units have high quality vinyl flooring installed and are fully furnished with appliances. The complex has an impressive Wi-Fi Router system that covers entire property. The building's safety and security features include a $50k fire sprinkler system and 10 audio/video security cameras. A solar power system was installed in 2023 that produces up to 6,000 watts at peak power making May's electric bill only $185 for the entire property. From the lobby on the main floor, you'll find an office and laundry room for tenant use. Bike racks are in place for tenants to store their bikes. Parking is an ease with a newly paved parking lot. With the garages included there are 11 parking spots available. You must come see this property to appreciate all it has to offer.

Last Agent to Sell the Property

Candy Stump

Keller Williams Yakima Valley License #106680 Listed on: 06/15/2023

Keller Williams Yakima Valley

Last Buyer's Agent

Robb Paul

John L Scott Yakima License #21004882

John L Scott Yakima

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,231

Year Built

  • Built in 2023

Lot Details

  • 16,988 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Accessible Home Design

  • Accessible Hallway
  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 6 Units
  • 5,357 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 181328-11006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,231

Year Built

Built in 2023

Lot Details

0.39 Acres

Listing Details

  • Estimated Lot Size: 0.39
  • Directions: From W Tieton Dr., turn south on S. 48th Ave. Property will be on the right.
  • Listing Member Name: Candy Lea Stump
  • Prop. Type: Rental Income
  • Selling Member Short Id: RPaul
  • Spec Tax Designation: None
  • Property Sub Type: Apartment
  • Year Built: 2023
  • Construction Style: Agent Remarks, Frame
  • Gross Mo Income: 9000.00
  • Rental Amenities: Agent Remarks, Laundry, Storage
  • Total Approx Bldg S F: 5357.00
  • Unit A Estimated Sq Ft: 800
  • Unit A Monthly Rent: 1700.00
  • Unit A Number Bathrooms: 1.00
  • Unit A Number Bedrooms: 1
  • Unit A Number of Units: 1
  • Unit B Estimated Sq Ft: 800
  • Unit B Monthly Rent: 1700.00
  • Unit B Number of Bathrooms: 1.00
  • Unit B Number of Bedrooms: 1
  • Unit B Number of Units: 1
  • Unit C Estimated Sq Ft: 600
  • Unit C Monthly Rent: 1700.00
  • Unit C Number of Bathrooms: 1.00
  • Unit C Number of Units: 1
  • Unit D Monthly Rent: 1700.00
  • Unit D Estimated Sq Ft: 600
  • Unit D Bathrooms: 1.00
  • Unit D Number Units: 1
  • Annual Electricity Expense: 2200.00
  • Annual Fuel Expense: 4200.00
  • Annual Insurance Expenses: 4000.00
  • Annual Sewer/Garage Expense: 600.00
  • Annual Water Expenses: 1500.00
  • Unit Information Number A C: 6
  • Unit Information Number Garages: 4
  • Unit Information Number Parking Sp: 11
  • Unit Information Number Ranges: 6
  • Unit Information Number Refrig: 6
  • Unit Information Who Pays Electricity: L
  • Unit Information Who Pays Fuel: L
  • Unit Information Who Pays Garbage: L
  • Unit Information Who Pays Insurance: L
  • Unit Information Who Pays Water: L
  • Special Features: NewHome

Interior Features

  • Accessibility: Agent Remarks, Doors 32in+, Hallways 32in+

Exterior Features

  • Roof: Composition
  • Exterior Construction: Wood

Garage/Parking

  • Garage Capacity: 4 or more

Utilities

  • Sewer: Connected
  • Domestic Water: Public Water
  • Heating: Agent Remarks, Forced Air, Gas

Condo/Co-op/Association

  • Number of Units: 6.00

Fee Information

  • Taxes: 6230.93

Lot Info

  • Parcel #: 181328-11006
  • Zoning: B2 - Local Business

Tax Info

  • Year: 2023
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $1,150,000 -8.0% $215 / Sq Ft
09/07/2023 09/07/23 For Sale $1,250,000 0.0% $233 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/20/2023 07/20/23 Price Changed $1,250,000 -10.7% $233 / Sq Ft
06/15/2023 06/15/23 For Sale $1,399,950 +264.6% $261 / Sq Ft
09/04/2019 09/04/19 Sold $384,000 -- $150 / Sq Ft View Prior Sale
09/04/2019 09/04/19 Pending -- -- --
Source: MLS Of Yakima Association Of REALTORS®

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 $11,283 $1,222,700 $108,800 $1,113,900
2023 $6,614 $656,600 $90,300 $566,300
2022 $6,527 $595,500 $48,400 $547,100
2021 $4,933 $415,900 $48,400 $367,500
2019 $3,251 $286,700 $48,400 $238,300
2018 $3,422 $251,600 $48,400 $203,200
2017 $3,186 $247,600 $48,300 $199,300
2016 $3,572 $255,100 $36,700 $218,400
2015 $3,572 $275,000 $54,100 $220,900
2014 $3,572 $275,000 $54,100 $220,900
2013 $3,572 $275,000 $54,100 $220,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Of Yakima Association Of REALTORS®

MLS Number: 23-1278

MLS Of Yakima Association Of REALTORS®

APN: 181328-11006

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