NOT LISTED FOR SALE

Estimated Value: $645,000 - $1,120,000

8 Beds
8 Baths
3,840 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $550,000 $143 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,394/month

2 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Parking Storage or Cabinetry
  • Private Lot
  • Landscaped with Trees
  • 3-minute walk to John Ball Park

About This Home

As of February 2017

Great investor opportunity located in the heart of Vancouver. Quadplex that has secured garages, individual patios and shared community space this is is a perfect investment for your money. One plex vacant ready to move-in. Perfect for FHA investor looking at getting rent paid for them. Blocks away from Uptown and located in a cul-de-sac this is the perfect investment for your money.

Last Agent to Sell the Property

Brian Wong

Keller Williams Realty License #123464 Listed on: 01/30/2017

Last Buyer's Agent

Michael Spring

RE/MAX Equity Group License #60038

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,480

Year Built

  • Built in 1980

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Landscaped with Trees

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Controlled Entrance

Additional Features

  • Deck
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trash collection, water

Community Details

Overview

  • 4 Units
  • Property managed by LK Box on back of Unit 820.

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,480

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3840
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Existing
  • Remarks Public: Great investor opportunity located in the heart of Vancouver. Quadplex that has secured garages, individual patios and shared community space this is is a perfect investment for your money. One plex vacant ready to move-in. Perfect for FHA investor looking at getting rent paid for them. Blocks away from Uptown and located in a cul-de-sac this is the perfect investment for your money.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: #19 OF E 1/2 SHORT CLAIM BAAP 33.49 CHS W & 7.265 CH
  • Basement: Crawl Space, None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Shingle

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: Entry, Sidewalk

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Management Name: LK Box on back of Unit 820.
  • Common Amenities: Commons
  • Unit Features: Deck, Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Hough
  • Middle School: Discovery
  • High School: Hudsons Bay

Lot Info

  • Lot Description: Commons, Cul-de-sac, Private, Trees
  • Zoning: R-9
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 3624.32
  • Assessor Parcel Number: 046110000
  • Assessor Parcel Number 2: 46880000

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 10.78

MLS Schools

  • Elementary School: Hough
  • High School: Hudsons Bay
  • Middle School: Discovery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2017
Closed on
Feb 9, 2017
Sold by
Burkland Wayne L and Burkland Diana L
Bought by
Gibson Steven L
Seller's Agent
Brian Wong
Keller Williams Realty
Buyer's Agent
Michael Spring
RE/MAX Equity Group
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$882,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,500
Avg. Annual Appreciation
7.73%
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
Gibson Steven L $550,000 First Amer Title Vancouver
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Steven L $551,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $550,000 0.0% $143 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
01/30/2017 01/30/17 For Sale $550,000 -- $143 / 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 $7,480 $766,500 $150,480 $616,020
2024 $7,163 $766,500 $150,480 $616,020
2023 $6,488 $696,800 $136,800 $560,000
2022 $5,371 $696,800 $136,800 $560,000
2021 $5,428 $537,300 $136,080 $401,220
2020 $5,239 $511,680 $129,600 $382,080
2019 $3,921 $511,680 $129,600 $382,080
2018 $4,372 $396,600 $0 $0
2017 $3,741 $367,200 $0 $0
2016 $3,624 $327,900 $0 $0
2015 $3,648 $303,600 $0 $0
2014 -- $288,900 $0 $0
2013 -- $288,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17013692

Regional Multiple Listing Service (RMLS)

APN: 046110-000