$7,525,000
SOLD AUG 19, 2014
-- Bed
-- Bath
30,380 Sq Ft
1.46 Acres

Recently Sold

$248 Per Sq Ft

2% Above List Price

15 Days on Market

Highlights

  • 1.46 Acre Lot
  • Deck
  • Patio
  • Redmond Elementary School Rated A
  • Thermal Windows
  • 4-minute walk to Anderson Park

About This Home

As of April 2018

Newer roof, vinyl siding, thermo pane windows. Upgrades/renovations in the last two years including the fire alarm system and an upgraded intercom system. Updated lobby. Units feature a private deck/patio, and w/d. 20 units have been renovated with new vinyl plank flooring, tile in the kitchen and bath, compact wall heaters, tri-view medicine cabinets and vanity lights, all around base boards, and new paint. Ceiling fans and energy saving light fixtures have been added to all 39 units.

Last Agent to Sell the Property

Dave Meissner

Paragon Real Estate Advisors License #44841 Listed on: 05/13/2014

Last Buyer's Agent

Dave Meissner

Paragon Real Estate Advisors License #44841 Listed on: 05/13/2014

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 635129

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $64,059

Year Built

  • Built in 1988

Lot Details

  • 1.46 Acre Lot
  • Gated Home

Home Design

  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 30,380 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Parking

  • 67 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Community Details

  • Downtown Redmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1225059014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$64,059

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1988
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 30380
  • SOCComments: 3.25 total (LA 1.5% / SA1.5% / REF .25%)
  • Special Features: None
  • Cumulative Days on Market: 288

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Elevator,Fire Sprinklers,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 26
  • Carport Y N: No
  • Open Parking Spaces: 41
  • Open Parking: Yes
  • Total Parking Spaces: 67
  • ParkingUncoveredSpaces: 41

Utilities

  • Sewer: Sewer Connected
  • Security: SecurityGate
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 31270

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Other

Lot Info

  • Parcel Number: 1225059014
  • Lot Size Acres: 1.4622
  • Lot Size Sq Ft: 63695
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Gated Entry,Patio
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 44404

Multi Family

  • Gross Scheduled Income: 532845
  • Net Operating Income: 323753
  • Number Of Units Total: 39
  • Insurance Expense: 3390
  • Leasable Area: 30380
  • UnitsInBuildingTotal: 39
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2014
  • Tax Annual Amount: 64059

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $13,350,000 +3.5% $426 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $12,900,000 +71.4% $411 / Sq Ft
08/19/2014 08/19/14 Sold $7,525,000 +1.7% $248 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $7,400,000 -- $244 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 635129

Northwest Multiple Listing Service (NWMLS)