Listed by KW Mountains to Sound Realty, Bought with Kelly Right RE of Seattle LLC
NOT LISTED FOR SALE

Estimated Value: $622,874 - $676,000

4 Beds
2 Baths
1,825 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $650,000 $356 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,013/month

4 Days on Market

Highlights

  • Territorial View
  • No HOA
  • Patio
  • Corner Lot
  • Cul-De-Sac
  • 3-minute walk to Veterans Memorial Park

About This Home

As of April 2022

Look no further as you found a perfect investment opportunity in this Auburn duplex. Both units have 2 bedroom, 1.5 bath with washer & dryer and garage. Plus, each unit features a fenced yard, patio & extra parking. Location is ideal situated on a private street & cul-de-sac with a high walkable score and has easy access to parks, schools, bus-line, & retail. One unit was totally remodeled w/new kitchen featuring maple cabinets & appliances while the rest of the unit has newer doors & trim, flooring, & paint. Invest in your future as a buy and hold or live in one side and rent out the other. Remember, don't wait to buy real estate, buy real estate and wait. Hurry on this one!

Last Agent to Sell the Property

Brian Manaois

KW Mountains to Sound Realty License #1944 Listed on: 03/10/2022

KW Mountains to Sound Realty

Last Buyer's Agent

Karimjon Umarov

Kelly Right RE of Seattle LLC License #21030122

Kelly Right RE of Seattle LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1898883

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,367

Year Built

  • Built in 1981

Lot Details

  • 8,196 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,825 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • High Speed Internet

Community Details

  • No Home Owners Association
  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8699200010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,367

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1981
  • Buyer Agency Compensation: ***3***
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1825
  • Special Features: None
  • Cumulative Days on Market: 347

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Cul-De-Sac, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • CableConnected: Comcast
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Auburn
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8699200010
  • Lot Size Acres: 0.1882
  • Lot Size Sq Ft: 8196
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,High Speed Internet,Outbuildings,Patio
  • MLSLotSizeSource: Owner Appraisal
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 16
  • LeasedItems: None
  • TotalMonthlyIncome: 3175

Multi Family

  • Gross Scheduled Income: 38100
  • Net Operating Income: 32013
  • Number Of Units Total: 2
  • Insurance Expense: 720
  • Leasable Area: 1825
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2022
  • Tax Annual Amount: 5367

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2023
Sold by
Chinnaraju Aravind and Chinnaraju Surya
Bought by
Munai Realty-F Place Llc
Current Estimated Value
$634,660

Purchase Details

Closed on
Jul 13, 2004
Sold by
Ladwig Shane A and Ladwig Terri L
Bought by
Warren Aleck R and Warren Josie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,600
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1998
Sold by
Mcleod Paula M
Bought by
Ladwig Shane A and Ladwig Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
6.79%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 1996
Sold by
Petheram William S
Bought by
Mcleod Paula M

Purchase Details

Closed on
May 12, 1994
Sold by
Kinley Edgar E
Bought by
Petheram William S and Mcleod Paula M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.5%
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
Munai Realty-F Place Llc $260,000 None Listed On Document
Warren Aleck R $203,300 --
Ladwig Shane A $145,000 Chicago Title Insurance Co
Mcleod Paula M -- Washington Title Company
Petheram William S $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravichandran Surya $150,000
Previous Owner Ravichandran Surya $520,000
Previous Owner Warren Aleck R $218,500
Previous Owner Warren Aleck R $56,345
Previous Owner Warren Aleck R $150,000
Previous Owner Warren Aleck R $162,600
Previous Owner Ladwig Shane A $143,850
Previous Owner Petheram William S $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $650,000 +6.6% $356 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $610,000 -- $334 / 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 $6,459 $539,000 $136,000 $403,000
2023 $5,736 $474,000 $109,000 $365,000
2022 $5,369 $495,000 $118,000 $377,000
2021 $5,164 $399,000 $95,000 $304,000
2020 $4,697 $363,000 $89,000 $274,000
2018 $5,257 $366,000 $83,000 $283,000
2017 $4,742 $335,000 $76,000 $259,000
2016 $4,158 $302,000 $73,000 $229,000
2015 $4,105 $281,000 $68,000 $213,000
2014 -- $269,000 $64,000 $205,000
2013 -- $206,000 $59,000 $147,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1898883

Northwest Multiple Listing Service (NWMLS)

APN: 869920-0010