Listed by Acre Real Estate, Bought with Capstone Commercial
NOT LISTED FOR SALE

Estimated Value: $857,707 - $1,068,000

8 Beds
4 Baths
4,000 Sq Ft
$246/Sq Ft Est. Value

Sale Details

Date Sold: September 14, 2016

Last sale price $448,000 $112 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,201 / mo

90 Days on Market

Highlights

  • 0.3 Acre Lot
  • Cul-De-Sac
  • Wall to Wall Carpet

About This Home

As of September 2016

This is a solid investment and forecast for this residential rental market will continue to increase throughout King County. The current rental income for this property is substantially below the potential for this area and existing rental for a 2 beds, 1 bath, 800+ sqft (200 sqft less), and NO garage is $1,200+/M. This property is for sale because I need to consolidate and no longer have time to manage. Please email me if you have more questions. Thank you!

Last Agent to Sell the Property

Beata Miklos

Acre Real Estate License #1673 Listed on: 03/08/2016

Last Buyer's Agent

Patrick Riley

Capstone Commercial License #112448

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 933671

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 1974

Lot Details

  • 13,068 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 4 Covered Spaces

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Community Details

  • Auburn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2891740030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,284

Year Built

Built in 1974

Lot Details

0.3 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1974
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 4000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco
  • Foundation Details: Poured Concrete
  • Structure Type: Quadruplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Auburn
  • WaterCompany: City of Auburn

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 2891740030
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: seller
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3845

Tax Info

  • Year: 2015
  • Tax Annual Amount: 6284

Multi Family

  • EnergySource: Electric
  • UnitsBelowGrade: false

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Sep 9, 2016
Sold by
Chu Vu N and Nguyen Minh Chau Thi
Bought by
Carlin Ian
Seller's Agent
Beata Miklos
Acre Real Estate
Buyer's Agent
Patrick Riley
Capstone Commercial
List Price
$458,000
Sold Price
$448,000
Premium/Discount to List
-$10,000
-2.18%
Current Estimated Value
$985,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$537,677
Avg. Annual Appreciation
8.54%
Original Mortgage
$448,000
Outstanding Balance
$357,845
Interest Rate
3.43%
Estimated Equity
$627,832

Purchase Details

Closed on
Aug 15, 2011
Sold by
James Douglas D and James Evelyn G R
Bought by
Chu Vu N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,310
Interest Rate
4.53%

Purchase Details

Closed on
Dec 12, 2005
Sold by
Brauner Anton D and Brauner Filomena
Bought by
James Douglas D and James Evelyn G R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,900
Interest Rate
1.5%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Jones Joseph
Bought by
Brauner Anton D and Brauner Filomena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
6.63%

Purchase Details

Closed on
Jul 7, 1999
Sold by
Allen Michael D and Allen Maureen D
Bought by
Jones Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,550
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlin Ian $448,000 Old Republic T
Chu Vu N -- Old Republic T
Chu Vu N $340,000 Fidelity Natio
James Douglas D $507,000 Old Republic T
Brauner Anton D $313,500 Old Republic Title Ltd
Jones Joseph $229,500 Evergreen Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlin Ian $448,000
Previous Owner Chu Vu N $347,310
Previous Owner James Douglas D $354,900
Previous Owner Brauner Anton D $250,800
Previous Owner Jones Joseph $206,550
Closed Brauner Anton D $31,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $448,000 -2.2% $112 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $458,000 0.0% $115 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $458,000 -- $115 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $12,130 $1,033,000 $131,300 $901,700
2023 $10,495 $1,024,000 $131,300 $892,700
2022 $9,996 $917,000 $90,000 $827,000
2021 $9,441 $752,000 $80,000 $672,000
2020 $8,495 $671,000 $80,000 $591,000
2018 $7,231 $544,000 $80,000 $464,000
2017 $7,199 $458,000 $80,000 $378,000
2016 $6,284 $459,000 $80,000 $379,000
2015 $5,412 $400,000 $75,000 $325,000
2014 -- $351,000 $75,000 $276,000
2013 -- $338,000 $75,000 $263,000
Source: Public Records

Agents Affiliated with this Home

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 933671

Northwest Multiple Listing Service (NWMLS)

APN: 289174-0030

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