Listed by Woodford Commercial RE, Bought with John L. Scott, Inc.
NOT LISTED FOR SALE
8 Beds
4 Baths
-- Sq Ft
5,998 Sq Ft Lot

Last Sold March 20, 2018

Last sale price $299,900

133 Days on Market

About This Home

As of March 2018

Great town house style four plex now available. Offered at 7.25% cap rate on actuals and has a proforma cap rate of 10.05%. These units have good size rooms, covered parking, and long term tenants with room to increase all rents. Units are approx. 850 SF each with washer and dryer hook-ups. Financials available upon request. Call today for more information.

Last Agent to Sell the Property

Chris Roewe

Woodford Commercial RE License #23495 Listed on: 09/18/2017

Last Buyer's Agent

Susan Wood

John L. Scott, Inc. License #27880

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1195515

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1970

Lot Details

  • 5,998

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Bitumen Roof
  • Wood Composite

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • 2-Story Property
  • 5,998 Sq Ft Lot

Community Details

  • Longview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,320

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1970
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Must show, attend insp/apprsl to receive
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Flat, Torch Down
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Longview
  • WaterCompany: City of Longview

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Longview

Lot Info

  • Parcel Number: 08642
  • Lot Size Acres: 0.1377
  • Lot Size: 5998
  • Lot Size Sq Ft: 5998
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 2700

Tax Info

  • Year: 2017
  • Tax Annual Amount: 2320

Multi Family

  • Number Of Units Total: 4
  • UnitsBelowGrade: false

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2018 03/20/18 Sold $299,900 0.0% --
01/30/2018 01/30/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $299,900 0.0% --
01/16/2018 01/16/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $299,900 0.0% --
12/19/2017 12/19/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $299,900 +36.3% --
07/22/2016 07/22/16 Sold $220,000 0.0% -- View Prior Sale
06/17/2016 06/17/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $220,000 0.0% --
06/16/2016 06/16/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $220,000 -- --
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 $3,668 $423,550 $58,630 $364,920
2023 $3,484 $406,170 $58,630 $347,540
2022 $3,497 $392,810 $58,630 $334,180
2021 $3,236 $351,770 $58,630 $293,140
2020 $2,999 $293,140 $58,630 $234,510
2019 $2,328 $285,120 $43,200 $241,920
2018 $2,832 $216,000 $43,200 $172,800
2017 $2,321 $216,000 $43,200 $172,800
2016 $2,270 $180,000 $36,000 $144,000
2015 $2,463 $180,000 $36,000 $144,000
2013 -- $180,000 $36,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1195515

Northwest Multiple Listing Service (NWMLS)