Listed by Heaton Dainard, LLC, Bought with RE/MAX Integrity
$950,000
SOLD DEC 3, 2024
-- Bed
-- Bath
3,960 Sq Ft
8,640 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

5% Below List Price

74 Days on Market

Highlights

  • Engineered Wood Flooring
  • Patio
  • Property is Fully Fenced
  • No HOA
  • Baseboard Heating
  • 4-minute walk to Veterans Memorial Park

About This Home

As of December 2024

Downtown Auburn Triplex in great condition- Each unit is a spacious townhouse style unit with 1320 sq ft, 2 Bedrooms, 1.5 Baths and a single car private garage. Each unit has a private fenced back yard with a patio. The main floor has the living, dining, kitchen and a half bathroom. The second floor has two spacious bedrooms and a large full bathroom. 6% Cap rate!

Last Agent to Sell the Property

Scott Badger

Heaton Dainard, LLC License #117046 Listed on: 08/12/2024

Heaton Dainard, LLC

Co-Listed By

Alayna Payne

Heaton Dainard, LLC License #133550

Last Buyer's Agent

Nona Adams

RE/MAX Integrity License #51002

RE/MAX Integrity

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2277137

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,250

Year Built

  • Built in 1989

Lot Details

  • 8,640 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 13 Parking Spaces
  • 3 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Baseboard Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Downtown Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1821059293

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,250

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1989
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3960
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 299

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Engineered Hardwood, Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 13
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • 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: 1821059293
  • Lot Size Acres: 0.1983
  • Lot Size Sq Ft: 8640
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 13.91
  • LeasedItems: None
  • TotalMonthlyIncome: 5985

Multi Family

  • Gross Scheduled Income: 71820
  • Net Operating Income: 60570
  • Number Of Units Total: 3
  • Insurance Expense: 3000
  • Leasable Area: 3960
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8250

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 26, 2024
Sold by
Jones Acquisitions Llc
Bought by
Korolchuk Mykola and Korolchuk Tetyana
Seller's Agent
Scott Badger
Heaton Dainard, LLC
Buyer's Agent
Nona Adams
RE/MAX Integrity
List Price
$999,990
Sold Price
$950,000
Premium/Discount to List
-$49,990
-5%
Views
12
Current Estimated Value
$955,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,315
Avg. Annual Appreciation
0.23%
Original Mortgage
$712,500
Outstanding Balance
$709,872
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$241,618

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jun 22, 2022
Sold by
Kenneth Green Paul
Bought by
Jones Acquisitions Llc
Seller's Agent
Barry Levenberg
Best Choice Realty LLC
Buyer's Agent
Andy Keating
Windermere Real Estate Central
List Price
$929,950
Sold Price
$850,000
Premium/Discount to List
-$79,950
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 13, 2020
Sold by
Velasquez Alan D and Velasquez Kelly T
Bought by
Green Paul Kenneth
Seller's Agent
Abby Santos
Better Properties Kent LLC
Buyer's Agent
Barry Levenberg
Best Choice Realty LLC
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.71%
Original Mortgage
$472,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2020
Closed on
Sep 30, 2020
Sold by
Clair Shelly T and Estate Of Denise M Trussler
Bought by
Felkins Kim Trussler
Seller's Agent
Abby Santos
Better Properties Kent LLC
Buyer's Agent
Barry Levenberg
Best Choice Realty LLC
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2016
Sold by
Velasquez Alan D and Velasquez Kelly L
Bought by
Velasquez Alan D and Velasquez Kelly L

Purchase Details

Closed on
Feb 8, 2001
Sold by
Felkins Mark A and Felkins Kim L
Bought by
Trussler Douglas A and Trussler Denise M

Purchase Details

Closed on
Oct 6, 1992
Sold by
Trussler Douglas A and Trussler Denise M
Bought by
Velasquez Alan D and Kelly L+
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Wfg National Title
Warranty Deed $850,000 Rainier Title Company
Warranty Deed $675,000 Equity Title Of Wa Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 New Conventional
Previous Owner $200,000 Credit Line Revolving
Previous Owner $472,500 New Conventional
Previous Owner $85,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $950,000 -5.0% $240 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $999,990 +17.6% $253 / Sq Ft
06/29/2022 06/29/22 Sold $850,000 0.0% $215 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $849,950 -7.1% $215 / Sq Ft
05/19/2022 05/19/22 Price Changed $914,950 -1.6% $231 / Sq Ft
04/16/2022 04/16/22 For Sale $929,950 +37.8% $235 / Sq Ft
10/23/2020 10/23/20 Sold $675,000 0.0% $170 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $675,000 -- $170 / 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 $9,927 $833,000 $136,000 $697,000
2023 $8,014 $661,000 $109,000 $552,000
2022 $7,385 $691,000 $118,000 $573,000
2021 $7,108 $548,000 $95,000 $453,000
2020 $6,474 $499,000 $89,000 $410,000
2018 $7,175 $499,000 $83,000 $416,000
2017 $6,471 $456,000 $76,000 $380,000
2016 $5,670 $411,000 $73,000 $338,000
2015 $5,587 $382,000 $68,000 $314,000
2014 -- $365,000 $64,000 $301,000
2013 -- $279,000 $59,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2277137

Northwest Multiple Listing Service (NWMLS)

APN: 182105-9293