Listed by Ace Development LLC, Bought with Coldwell Banker Bain
NOT LISTED FOR SALE

Estimated Value: $480,976 - $543,000

3 Beds
2 Baths
1,250 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $374,950 $300 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,209/month

66 Days on Market

Highlights

  • Patio
  • Vinyl Flooring
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of June 2019

Great investment opportunity to own this beautifully remodeled duplex! Live in one rent out the other to pay the mortgage. Located close to downtown Auburn and easy access to freeways. Large patio with plenty of parking spaces in front of the house & along the streets. New roof, windows, doors, exterior & interior paint, mill work throughout, granite countertops, electric box & wiring, stainless steel appliances including washer & dryer, and large outbuilding for storage.

Last Agent to Sell the Property

Michelle Le

Ace Development LLC License #17100 Listed on: 02/04/2019

Last Buyer's Agent

Leslie Lucas

Coldwell Banker Bain License #18245

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1408455

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,031

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 4,220 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8699100551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,031

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1913
  • Buyer Agency Compensation: 2.50
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1250
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Forced Air, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 8699100551
  • Lot Size Acres: 0.0969
  • Lot Size Sq Ft: 4220
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Gas Available,Outbuildings,Patio
  • MLSLotSizeSource: kcr
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2850

Multi Family

  • Gross Scheduled Income: 34200
  • Net Operating Income: 30401
  • Number Of Units Total: 2
  • Insurance Expense: 768
  • Leasable Area: 1250
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jun 18, 2019
Sold by
Tran Sinh and Tran Sa
Bought by
Gillespie Lautheree
Seller's Agent
Michelle Le
Ace Development LLC
Buyer's Agent
Leslie Lucas
Coldwell Banker Bain
List Price
$374,950
Sold Price
$374,950
Current Estimated Value
$511,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,544
Avg. Annual Appreciation
5.08%
Original Mortgage
$288,000
Outstanding Balance
$253,222
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$258,272

Purchase Details

Closed on
May 4, 2018
Sold by
Secretary Of Veterans Affairs
Bought by
Tran Sinh and Trab Sa

Purchase Details

Closed on
Mar 27, 2018
Sold by
Planet Home Lending Llc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Feb 12, 2018
Sold by
Pardo Christopher Jon
Bought by
Planet Hone Lending Llc

Purchase Details

Closed on
Apr 29, 2008
Sold by
Minsch Ahren
Bought by
Pardo Christopher Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,730
Interest Rate
5.81%
Mortgage Type
VA

Purchase Details

Closed on
Oct 12, 2005
Sold by
Poulsen Devon C
Bought by
Minsch Ahren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
5.49%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 6, 2000
Sold by
Shedden Scott
Bought by
Poulsen Devon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
8.15%
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
Gillespie Lautheree -- Old Republic Title Co Ltd
Tran Sinh -- Nextitle
Secretary Of Veterans Affairs -- Netitle A Title & Escrow Co
Planet Hone Lending Llc $222,733 Nextitle
Pardo Christopher Jon $220,000 Commonwealth L
Minsch Ahren $189,950 First American
Poulsen Devon C $90,000 Old Republic Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Lautheree $288,000
Previous Owner Pardo Christopher Jon $224,730
Previous Owner Minsch Ahren $38,000
Previous Owner Minsch Ahren $151,950
Previous Owner Poulsen Devon C $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2019 06/24/19 Sold $374,950 0.0% $300 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $374,950 0.0% $300 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/21/2019 03/21/19 Price Changed $374,950 0.0% $300 / Sq Ft
03/21/2019 03/21/19 For Sale $374,950 +7.1% $300 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $349,950 -- $280 / 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 $5,846 $492,000 $93,000 $399,000
2023 $5,206 $433,000 $75,000 $358,000
2022 $4,811 $453,000 $82,000 $371,000
2021 $4,635 $360,000 $66,000 $294,000
2020 $4,212 $328,000 $62,000 $266,000
2018 $3,031 $213,000 $64,000 $149,000
2017 $2,496 $189,000 $59,000 $130,000
2016 $2,205 $154,000 $57,000 $97,000
2015 $2,178 $144,000 $53,000 $91,000
2014 -- $138,000 $50,000 $88,000
2013 -- $106,000 $46,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1408455

Northwest Multiple Listing Service (NWMLS)

APN: 869910-0551