Listed by BHGRE - Northwest Home Team, Bought with The Rants Group
NOT LISTED FOR SALE

903 Crystal Springs Rd NW Unit 1 Yelm, WA 98597

Estimated Value: $1,741,000 - $1,785,012

12 Beds
9 Baths
-- Sq Ft
1.27 Acres

Last Sold June 30, 2016

Last sale price $985,000

Est. 77% increase in value since last sale

Current estimated payment $10,901/month

41 Days on Market

Highlights

  • 1.27 Acre Lot
  • Patio
  • High Speed Internet
  • Thermal Windows
  • Open Space
  • 5-minute walk to Huntington Green Common Area

About This Home

As of June 2016

Newer multi family 8 units in fast growing Yelm, WA. 2 side by side 4 plex totaling 8 units. 2 Bed, 2 Bath, wheel chair accessible on lower units.
Covered patio's with large storage. Full Bath off master bedroom, laundry rooms, Always rented! Owner is a WA state licensed realtor.

Last Agent to Sell the Property

Dave Cosser

BHGRE - Northwest Home Team License #18841 Listed on: 02/15/2016

BHGRE - Northwest Home Team

Last Buyer's Agent

Danielle Rants

The Rants Group License #23029550

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 896024

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,244

Year Built

  • Built in 2008

Lot Details

  • 1.27 Acre Lot
  • Open Space
  • Sprinkler System
  • Property is in very good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Wall to Wall Carpet

Parking

  • 18 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43410000100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,244

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Accessibility Features: Other
  • Year Built: 2008
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Fire Sprinklers,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Open Space, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 18
  • Carport Y N: No
  • Open Parking Spaces: 18
  • Open Parking: Yes
  • Total Parking Spaces: 18
  • ParkingUncoveredSpaces: 18

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Yelm
  • WaterCompany: City of Yelm
  • WaterSewerGarbage: 1671

Schools

  • Junior High Dist: Yelm

Lot Info

  • Parcel Number: 43410000100
  • Lot Size Acres: 1.2741
  • Lot Size Sq Ft: 55502
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Disabled Access,High Speed Internet,Patio,Sprinkler System
  • MLSLotSizeSource: county
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 7420

Multi Family

  • Gross Scheduled Income: 89040
  • Net Operating Income: 67498
  • Number Of Units Total: 8
  • Insurance Expense: 2184
  • Leasable Area: 8000
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2016
  • Tax Annual Amount: 8244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Jun 29, 2016
Sold by
First Place Properties Llc
Bought by
Crystal Springs Apartments Llc
Seller's Agent
Dave Cosser
BHGRE - Northwest Home Team
Buyer's Agent
Danielle Rants
The Rants Group
List Price
$1,125,000
Sold Price
$985,000
Premium/Discount to List
-$140,000
-12.44%
Current Estimated Value
$1,747,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,433
Avg. Annual Appreciation
6.62%
Original Mortgage
$784,000
Outstanding Balance
$635,400
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,127,606

Purchase Details

Closed on
Feb 17, 2012
Sold by
Mccammant Homes Inc
Bought by
First Place Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage
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
Crystal Springs Apartments Llc $846,376 Stewart Title Western Wa Inc
First Place Properties Llc $626,440 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crystal Springs Apartments Llc $784,000
Previous Owner First Place Properties Llc $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $985,000 -12.4% --
03/28/2016 03/28/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $1,125,000 -- --
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 $15,005 $1,339,200 $124,600 $1,214,600
2023 $15,005 $1,540,000 $160,600 $1,379,400
2022 $15,046 $1,400,000 $39,100 $1,360,900
2021 $12,880 $1,369,200 $123,300 $1,245,900
2020 $11,998 $1,019,000 $91,200 $927,800
2019 $8,035 $927,300 $159,900 $767,400
2018 $10,520 $776,800 $84,300 $692,500
2017 $10,486 $812,700 $73,700 $739,000
2016 $10,160 $609,450 $65,350 $544,100
2014 -- $742,750 $65,350 $677,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 896024

Northwest Multiple Listing Service (NWMLS)

APN: 43410000100