Listed by Keller Williams Rlty Bellevue, Bought with eXp Realty
NOT LISTED FOR SALE

Estimated Value: $500,571 - $581,000

4 Beds
2 Baths
1,620 Sq Ft
$333/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $155,000 $96 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $3,416/month

352 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 4-minute walk to Les Gove Park
  • Wood Siding
  • 1-Story Property

About This Home

As of December 2012

PRE-APPROVED SHORT SALE!! Calling all investors! Great duplex opportunity for CASH FLOW. Excellent location near the park and plenty of parking. Units are in good condition. Upgraded roof, carpet, H/W and appliances within the last two years. Duplex next door available as well, MLS# 275279. Please DO NOT disturb tenants.

Last Agent to Sell the Property

Kham Beitlers

Keller Williams Rlty Bellevue License #89248 Listed on: 09/16/2011

Keller Williams Rlty Bellevue

Last Buyer's Agent

Jamie McAuley

eXp Realty License #1649

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 275274

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1961

Lot Details

  • 7,880 Sq Ft Lot
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Railroad Add Auburn Condos
  • Downtown Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7116000245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,986

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 3%*
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Railroad Add Auburn
  • CalculatedSquareFootage: 1620
  • SOCComments: 50/50 split on lienholders approval
  • Special Features: 12
  • Cumulative Days on Market: 652

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Alley, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn
  • WaterSewerGarbage: 200

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 7116000245
  • Lot Size Acres: 0.1809
  • Lot Size Sq Ft: 7880
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 1900

Multi Family

  • Gross Scheduled Income: 22800
  • Net Operating Income: 19183
  • Number Of Units Total: 2
  • Insurance Expense: 431
  • Leasable Area: 1620
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2011
  • Tax Annual Amount: 2986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2011
Closed on
Dec 12, 2012
Sold by
Gallagher Peter J and Gallagher Connie
Bought by
Tong Michael and Tong Stella
Seller's Agent
Kham Beitlers
Keller Williams Rlty Bellevue
Buyer's Agent
Jamie McAuley
eXp Realty
List Price
$219,500
Sold Price
$155,000
Premium/Discount to List
-$64,500
-29.38%
Current Estimated Value
$538,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,857
Avg. Annual Appreciation
10.05%
Original Mortgage
$108,500
Outstanding Balance
$20,553
Interest Rate
2.68%
Mortgage Type
New Conventional
Estimated Equity
$501,719

Purchase Details

Closed on
Aug 6, 2007
Sold by
Davis Shari E
Bought by
Gallagher Peter J and Gallagher Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,950
Interest Rate
2.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2005
Sold by
Horak Pavel J
Bought by
Davis Shari E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 16, 2000
Sold by
Pickett Hyram H
Bought by
Horak Pavel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,950
Interest Rate
8.27%

Purchase Details

Closed on
Dec 3, 1979
Sold by
The James N & Fay Shaughnessy Revocable
Bought by
Pickett Hyram H and Pickett Ethel A
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
Tong Michael $155,000 First American
Gallagher Peter J $309,950 Rainier Title
Davis Shari E $275,000 Old Republic T
Horak Pavel J $129,950 Evergreen Title Company Inc
Pickett Hyram H -- Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Michael $108,500
Previous Owner Gallagher Peter J $278,950
Previous Owner Davis Shari E $27,500
Previous Owner Davis Shari E $220,000
Previous Owner Horak Pavel J $116,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $155,000 -29.4% $96 / Sq Ft
09/03/2012 09/03/12 Pending -- -- --
09/16/2011 09/16/11 For Sale $219,500 -- $135 / 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 $5,760 $482,000 $132,000 $350,000
2023 $5,207 $432,000 $106,000 $326,000
2022 $4,805 $451,000 $115,000 $336,000
2021 $4,626 $358,000 $92,000 $266,000
2020 $4,209 $326,000 $86,000 $240,000
2018 $4,371 $304,000 $82,000 $222,000
2017 $3,949 $278,000 $75,000 $203,000
2016 $3,292 $251,000 $72,000 $179,000
2015 $3,255 $221,000 $67,000 $154,000
2014 -- $212,000 $63,000 $149,000
2013 -- $168,000 $58,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 275274

Northwest Multiple Listing Service (NWMLS)

APN: 711600-0245