NOT LISTED FOR SALE

Estimated Value: $459,000 - $491,000

3 Beds
3 Baths
9,130 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $1,400,000 $153 Per Sq Ft

Current estimated payment $2,848/month

3 Days on Market

Highlights

  • Fireplace
  • Air Conditioning
  • Level Lot
  • Attached Garage
  • Parking Storage or Cabinetry

About This Home

As of August 2017

GREAT INVESTMENT OPPORTUNITY! 5 contiguous detached 2-Story homes w/great room concept, engineered hardwood floors and a cozy corner FP. Open kitchen w/slab granite, SS appliances, pantry & nook. Vltd Master bedroom w/walk-in closet, on suite w/dble vanity & tile shower. 2 add'l bedrms, laundry & loft/flex space upstairs. 2 car garage. Projected Cap Rate 5.42%. Low Maintenance. No HOA Dues. Interior Pics/VT of similar home.

Last Agent to Sell the Property

Patrick Ginn

Ginn Group License #24353 Listed on: 06/02/2017

Last Buyer's Agent

Benjamin Droukas

Compass License #130131

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,406

Year Built

  • Built in 2014

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,406

Year Built

Built in 2014

Lot Details

0

Parking

10

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 9130
  • Stories: 2
  • Year Built: 2014
  • Property Condition: Approximately
  • Remarks Public: GREAT INVESTMENT OPPORTUNITY! 5 contiguous detached 2-Story homes w/great room concept, engineered hardwood floors and a cozy corner FP. Open kitchen w/slab granite, SS appliances, pantry & nook. Vltd Master bedroom w/walk-in closet, on suite w/dble vanity & tile shower. 2 add'l bedrms, laundry & loft/flex space upstairs. 2 car garage. Projected Cap Rate 5.42%. Low Maintenance. No HOA Dues. Interior Pics/VT of similar home.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WALNUT VILLAGE LOT 1-5 SUB 2007
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Air Conditioning

Schools

  • Elementary School: Walnut Grove
  • Middle School: Gaiser
  • High School: Fort Vancouver

Lot Info

  • Lot Description: Level
  • Zoning: R-18
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 14000.00
  • Assessor Parcel Number: 104990002

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 14.17

MLS Schools

  • Elementary School: Walnut Grove
  • High School: Fort Vancouver
  • Middle School: Gaiser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Hopmand Holdings Llc
Bought by
Hopman Holdings De Llc
Current Estimated Value
$473,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,591,000
Outstanding Balance
$3,177,153
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$2,704,142

Purchase Details

Closed on
Nov 16, 2017
Sold by
Morgan Manor Estate Llc
Bought by
Hofman Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jun 2, 2017
Closed on
Aug 1, 2017
Sold by
Kilada Walnut Village Llc
Bought by
Hopman Enterprises Walnut Creek Llc
Seller's Agent
Patrick Ginn
Ginn Group
Buyer's Agent
Benjamin Droukas
Compass
List Price
$1,450,000
Sold Price
$1,400,000
Premium/Discount to List
-$50,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.41%

Purchase Details

Closed on
Feb 1, 2016
Sold by
Kilada Llc
Bought by
Kilada Walnut Village Llc

Purchase Details

Closed on
Dec 5, 2012
Sold by
Res Wa Vancouver Llc
Bought by
Kilada Llc

Purchase Details

Closed on
Jun 1, 2011
Sold by
Imperial Homes Inc
Bought by
Res Wa Vancouver Llc

Purchase Details

Closed on
Mar 27, 2006
Sold by
Davis Claud E and Davis Virginia R
Bought by
Imperial Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Walnut Village Llc
Bought by
Davis Claud E and Davis Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hopman Holdings De Llc -- Os National
Hofman Holdings Llc -- First American Title
Hopman Enterprises Walnut Creek Llc $1,400,000 Fidelity Natl Title Co Of Wa
Kilada Walnut Village Llc -- None Available
Kilada Llc $175,000 Fidelity National Title
Res Wa Vancouver Llc $300,000 Fidelity National Title
Imperial Homes Inc $3,078,000 Fidelity National Title
Davis Claud E $954,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hopman Holdings De Llc $3,591,000
Previous Owner Hofman Holdings Llc $3,500,000
Previous Owner Imperial Homes Inc $2,160,000
Previous Owner Davis Claud E $968,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Sold $1,400,000 -3.4% $153 / Sq Ft
06/05/2017 06/05/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $1,450,000 -- $159 / 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 $4,406 $454,250 $146,100 $308,150
2024 $4,202 $449,977 $146,100 $303,877
2023 $4,106 $447,695 $146,100 $301,595
2022 $3,770 $439,120 $146,100 $293,020
2021 $3,356 $375,531 $124,500 $251,031
2020 $3,084 $314,914 $77,000 $237,914
2019 $2,850 $299,170 $66,000 $233,170
2018 $3,017 $287,196 $0 $0
2017 $2,842 $252,237 $0 $0
2016 $2,681 $240,278 $0 $0
2015 $962 $210,207 $0 $0
2014 -- $67,024 $0 $0
2013 -- $40,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17693696

Regional Multiple Listing Service (RMLS)

APN: 104990-002