NOT LISTED FOR SALE

Estimated Value: $574,000 - $634,000

4 Beds
4 Baths
2,220 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $520,000 $234 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,718/month

133 Days on Market

Highlights

  • Zoned Heating
  • Garage
  • Level Lot

About This Home

As of October 2022

Brand new roof! Duplex close to downtown Vancouver, I5 and SR500! Each side has 2 bedrooms with their own bathrooms! No sharing here : ) Plus there is an additional 1/2 bath on the main level. Would make a great owner occupied duplex! Side B features include all new interior paint, brand new dishwasher and range. Both sides include vaulted ceilings, garage, and all appliances stay!

Last Agent to Sell the Property

Connie Peterson

Premiere Property Group, LLC License #140274 Listed on: 05/23/2022

Premiere Property Group, LLC

Last Buyer's Agent

Allison Stanisel

Skyline Real Estate License #23023031

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,895

Year Built

  • Built in 1993

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Lincoln Elementary School
  • Discovery Middle School
  • Hudsons Bay High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 014075000

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,630
  • Gross Income $20,181
  • Net Operating Income $4,551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,895

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1993
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Brick,CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lincoln
  • High School: Hudsons Bay
  • Middle Or Junior School: Discovery

Lot Info

  • Zoning: R22
  • Parcel #: 014075000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3894.67

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 27.25
  • Annual Gross Income: 20181.0
  • Property Net Operating Income: 4551.0
  • Annual Operating Expense: 15630.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Oct 5, 2022
Sold by
Mackert-Southard Trust
Bought by
Riabinin Aleksandr M and Riabinin Alina
Seller's Agent
Connie Peterson
Premiere Property Group, LLC
Buyer's Agent
Allison Stanisel
Skyline Real Estate
List Price
$565,000
Sold Price
$520,000
Premium/Discount to List
-$45,000
-7.96%
Views
30
Current Estimated Value
$600,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,260
Avg. Annual Appreciation
4.13%
Original Mortgage
$442,000
Outstanding Balance
$429,983
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$153,358

Purchase Details

Closed on
Nov 19, 2014
Sold by
Mackert Christine L
Bought by
Mackert Southard Trust and Southard Patricia

Purchase Details

Closed on
Jun 24, 1997
Sold by
Thelen John F
Bought by
Mackert Christine L
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
Riabinin Aleksandr M -- First American Title
Mackert Southard Trust -- None Available
Mackert Christine L -- Charter Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riabinin Aleksandr M $112,000
Open Riabinin Aleksandr M $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $520,000 -5.5% $234 / Sq Ft
10/03/2022 10/03/22 Pending -- -- --
09/10/2022 09/10/22 Price Changed $550,000 -2.7% $248 / Sq Ft
08/03/2022 08/03/22 For Sale $565,000 +8.7% $255 / Sq Ft
06/22/2022 06/22/22 Off Market $520,000 -- --
06/02/2022 06/02/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $565,000 -- $255 / 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 $5,449 $556,622 $193,964 $362,658
2024 $5,013 $558,127 $193,964 $364,163
2023 $4,911 $536,078 $185,096 $350,982
2022 $4,540 $527,155 $185,096 $342,059
2021 $3,895 $454,067 $167,360 $286,707
2020 $3,542 $367,019 $121,158 $245,861
2019 $3,023 $345,808 $113,193 $232,615
2018 $3,542 $305,735 $0 $0
2017 $3,298 $297,467 $0 $0
2016 $2,960 $288,986 $0 $0
2015 $2,784 $247,884 $0 $0
2014 -- $220,422 $0 $0
2013 -- $190,136 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22543379

Regional Multiple Listing Service (RMLS)

APN: 014075-000