NOT LISTED FOR SALE

Estimated Value: $689,330 - $1,028,000

5 Beds
5 Baths
3,125 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $800,000 $256 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,330/month

6 Days on Market

Highlights

  • Level Lot
  • 1-Story Property
  • 1-minute walk to John Ball Park
  • Wall Furnace

About This Home

As of September 2019

Great investment!! Income producing properties. Units are 1 bedroom, 1 bathroom w/hardwood floor. Ample storage space. Great location being close to Downtown Vancouver, freeways, shopping and restaurants! Single family home and one other unit has its own back yard. OPEN HOUSE, 7/13, 10AM-2PM

Last Agent to Sell the Property

YouQian Chen

YQC Properties LLC License #49978 Listed on: 07/09/2019

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1964

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Wall Furnace
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 061880000

Community Details

Overview

  • 5 Units
  • Property managed by YQC Properties LLC

Building Details

  • Operating Expense $21,469
  • Gross Income $59,920
  • Net Operating Income $38,451

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,666

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1964
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: YQC Properties LLC
  • Management Phone: 360-798-1918

Schools

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

Lot Info

  • Zoning: R-9
  • Parcel #: 061880000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4665.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 12.22
  • Annual Gross Income: 59920.0
  • Property Net Operating Income: 38451.0
  • Annual Operating Expense: 21469.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2006
Sold by
Cotter Carol Lee
Bought by
Carol Lee Cotter Revocable Trust
Current Estimated Value
$857,197

Purchase Details

Closed on
Oct 21, 2005
Sold by
Morse John E
Bought by
Cotter Carol Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2002
Sold by
Morse John E and Morse Mary Jo
Bought by
Morse John E and Morse Mary Jo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Carol Lee Cotter Revocable Trust -- None Available
Cotter Carol Lee $293,000 Chicago Title Insurance
Morse John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotter Carol Lee $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2019 09/18/19 Sold $800,000 +9.2% $256 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $732,400 -- $234 / 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 $7,649 $783,800 $209,000 $574,800
2024 $7,324 $783,800 $209,000 $574,800
2023 $6,634 $712,500 $190,000 $522,500
2022 $5,432 $712,500 $190,000 $522,500
2021 $5,489 $543,400 $151,200 $392,200
2020 $5,298 $517,500 $144,000 $373,500
2019 $4,184 $517,500 $144,000 $373,500
2018 $4,666 $423,300 $0 $0
2017 $3,992 $391,900 $0 $0
2016 $3,868 $349,900 $0 $0
2015 $3,409 $324,000 $0 $0
2014 -- $270,000 $0 $0
2013 -- $270,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19267684

Regional Multiple Listing Service (RMLS)

APN: 061880-000