223 17th Street Southeast

Auburn, WA 98002

$750,000
Price
$750,000
Price
Studio
Beds
4,980 Sq. Ft.
$151 / Sq. Ft.

Cancelled

Cancelled

223 17th Street Southeast

Auburn, WA 98002

Street View

Property Details

StatusCancelled
MLS #1311090
Year Built1966
DOM186
Compass TypeMulti Family
MLS TypeMulti Family
Lot Size0.18 AC / 7,983 SF
Taxes$7,830 / year
Condo/Co-op Fees-
HOA Fees-
CountyKing County

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Property Details

Community Name
South Auburn
School District
Auburn

Description

This 5 unit has 3 spacious townhome 1,100 sq. ft. units with 1.5 bathrooms and 2 large 750 sq ft 1 bedroom units each with one bathroom. Owners name shown on tax record is incorrect. Correct name - Chastain Properties Auburn North LLC. Roof was replaced 10 years ago. GSI is $75600. Cap rate- 7% - Income/price ratio - IPR is 1 to 9.92. Coin op laundry produces $600+ per year. Coin op laundry produces $600+ per year - P & S must be on CBA forms! Purchaser agrees to participate in a 1031 REIT exchange...

Location

Listing Courtesy of Skyline Properties, Inc.

Building Information

Stories-Residences5Year Built1966Building Size-Lot Size0.18 AC / 7,983 SF

Payment Calculator

$3,675 per month

30 year fixed, 4.45% Interest

Principal and Interest

$3,022

Property Taxes

$653

HOA Dues

$0


Property Information for 223 17th Street Southeast

Summary
    Location and General Information
  • Amenities: Coin Op Laundry
  • Style: 55 - 5-9 Units
  • Site Features: Cable TV
  • Area: 310 - Auburn
  • Block: 6
  • Effective Year Built: 1992
  • Directions: South of Hwy18 go South on A Turn left onto 17th St SE and continue east for 2 blocks Property is on left
  • Leased Items: None
  • Map Book: Thom
  • MLS Status: SFR
    Taxes and HOA Information
  • Tax Year: 2017
Interior and Exterior Features
    Interior Features
  • Floor Covering: Vinyl
  • New Construction: N
    Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
    Utilities
  • Energy Source: Electric
  • Heating and Cooling: Baseboard
  • Sewer: Sewer Connected
  • Water Source: Public
  • Water/Sewer/Garbage: 10768
  • Power Company: PSE
  • Sewer Company: city of auburn
  • Water Company: city of auburn
    Property and Assessments
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Effective Year Built Source: Public Records
  • General Zoning Classification: Multi-Family
    Lot Information
  • Lot Details: Paved Street
  • Lot Number: 5&6
  • Lot Size Source: king county tax
  • Parcel Number: 1018000330
Multi Family
    Building Details
  • Total Number of Parking Spaces: 8
  • Number of Uncovered Spaces: 8
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
    Financing / Income and Expenses
  • Electrical Expenses: $637
  • Total Expenses: $24,752
  • Gross Adjusted Income: $74,088
  • Gross Rent Multiplier: 10
  • Gross Scheduled Income: $75,600
  • Insurance Expenses: $3,957
  • Net Operating Income: $49,336
  • Other Expenses: 1560
  • Total Monthly Income: 6300
    Unit 1
  • Washer/Dryer Unit 1: N
  • Range/Oven Unit 1: Y
  • Refrigerator Unit 1: Y
  • Dishwasher Unit 1: N
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $1,450
  • Bedrooms Unit 1: 3
  • Description Unit 1: 1
  • Bathrooms Unit 1: 1.5
    Unit 2
  • Washer/Dryer Unit 2: N
  • Range/Oven Unit 2: Y
  • Refrigerator Unit 2: Y
  • Dishwasher Unit 2: N
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $1,450
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 1.5
  • Description Unit 2: 2
    Unit 3
  • Washer/Dryer Unit 3: N
  • Range/Oven Unit 3: Y
  • Refrigerator Unit 3: Y
  • Dishwasher Unit 3: N
  • Square Feet Unit 3: 1100
  • Rent Unit 3: $1,450
  • Bedrooms Unit 3: 3
  • Bathrooms Unit 3: 1.5
  • Description Unit 3: 3
    Unit 4
  • Washer/Dryer Unit 4: N
  • Range/Oven Unit 4: Y
  • Refrigerator Unit 4: Y
  • Dishwasher Unit 4: N
  • Square Feet Unit 4: 750
  • Rent Unit 4: $1,050
  • Bedrooms Unit 4: 1
  • Bathrooms Unit 4: 1.0
  • Description Unit 4: 4
    Unit 5
  • Washer/Dryer Unit 5: N
  • Range/Oven Unit 5: Y
  • Refrigerator Unit 5: Y
  • Dishwasher Unit 5: N
  • Square Feet Unit 5: 750
  • Rent Unit 5: $900
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1.0
  • Description Unit 5: 5

Property History for 223 17th Street Southeast

DateEvent & SourcePriceAppreciationLink
Jan 15, 2019Cancelled

NWMLS #1311090

Dec 29, 2018Pending

NWMLS #1311090

Jun 12, 2018Listed (Active)

NWMLS #1311090

$750,000
DateEvent & SourcePrice
01/15/2019
Cancelled

NWMLS #1311090

12/29/2018
Pending

NWMLS #1311090

06/12/2018
Listed (Active)

NWMLS #1311090

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records

Taxable ValueLand$71,800Additions$416,200Total$488,000
Tax Record2018$7,830
Home Facts
Finished Sq.Ft.4,560 SqFtStories2Lot Size7,983 SqFtStyleMulti-Family Res (5+ Units)Year Built1966Year Renovated1992ZoningR20CountyKing

Schools in Auburn, WA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Holy Family Catholic SchoolPrivatePK-80.2 mi
NR
Terminal Park Elementary SchoolPublicK-50.3 mi
5
Olympic Middle SchoolPublic6-80.4 mi
1
West Auburn Senior High SchoolPublic9-121.1 mi
NR

Holy Family Catholic School

PK-8, 0.2 mi, Private

NR

Terminal Park Elementary School

K-5, 0.3 mi, Public

5

Olympic Middle School

6-8, 0.4 mi, Public

1

West Auburn Senior High School

9-12, 1.1 mi, Public

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Skyline Properties, Inc.
Listing provided courtesy of Northwest MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.