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2702 Northeast 86th Avenue

2702 Northeast 86th Avenue, Vancouver, WA 98662
Property in Ogden
Sold Oct 01, 2018
$7,252,000
$3,920,000 by Holliday Fenoglio Fowler Lp
Mortgage Due Feb 01, 2027
Sold Jan 03, 2017
$5,482,500
$3,920,000 by Holliday Fenoglio Fowler Lp
Mortgage Due Feb 01, 2027
2702 Northeast 86th Avenue in Vancouver, WA was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. 2702 Northeast 86th Avenue has 50,754 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 138,085 square feet.

Learn more about the property and building on this page. The home has a sawtooth style roof made of composition shingle. Water for the property is sourced from a water system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing baseboard heaters and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2702 Northeast 86th Avenue sold most recently in Oct 1, 2018 for a total of $7,252,000. If you work out the math, that's approximately a cost of $142.89 per sqft. Before that, the property was also sold for $5,482,500 in Jan 3, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $79,679 in taxes each year. The initial year of tax delinquency occurred in 2015. 2702 Northeast 86th Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $9,950,888. If we break it down further, the land itself was valued at $1,380,852. Improvements to the property, however, were assessed at a total of $8,570,036. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Sawtooth
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 138,085
  • Total Building Area: 50,754
  • Gross Building Area: 50,754
  • Building Area: 50,754
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 50,754
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: Municipal
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MULLIGANS 1ST SUB-DIVISION
  • Land Acres: 3.17
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Parcels with improvements, use not specified
  • Legal Description 1: MULLIGAN 1ST SUB-DIV #2 #3 #4 #5 #6 #11 LOT 7 AND 3.17A FOR ASSESSOR USE ONLY ROYAL HIGHLANDS-3 #2 LOT 18 THT PTN H SCHUH DLC IN SEC 20-2-2E BEG AT NE COR OF LOT 19 ROYAL HIGHLANDS-3 TH N 0DG 13MIN 09SEC W ALG W MARGIN OF NE 86TH AVE A DIST OF 640 FT

Ownership

  • Current Owner : ROYAL CREST 2018 LLC
  • Previous Owner : CIC ROYAL CREST APARTMENTS LLC
  • Owner Before Previous Owner: PACIFIC NORTHWEST INVESTMENT GROUP LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Vancouver Public Schools
  • School Tax School District: CITY VANCOUVER
  • Census Tract: 041203

Zoning

  • Zoning: R-18

Geography

  • Assessors Map Reference: 221202
  • Parcel: 109821000
  • Lot: 7,3
  • Meridian: SEC 20 TWN 02 RNG 02
  • Municipality: CITY VANCOUVER
  • Latitude: 45.6418
  • Longitude: -122.586

    Address

  • Full Address: 2702 Ne 86th Ave
  • Legal Unit: 2
  • Address - House Number: 2702
  • Street Direction: NE
  • Address - Street Name: 86th
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Vancouver
  • Carrier Code: C052
  • 4-Digit Zip Code: 7345
  • Zip Code: 98662

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $79,679
  • Intital Tax Deliquent Year: 2015
  • Tax Rate Code Area: 10000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,920,000
  • First Open Lien Mortgage Lender: HOLLIDAY FENOGLIO FOWLER LP
  • First Open Lien Mortgage Recording Date: Jan 03, 2017
  • First Open Lien Mortgage Loan Amount: $3,920,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2027

    Market Valuation

  • Market Total Value: $9,950,888
  • Market Land Value: $1,380,852
  • Market Improvement Value: $8,570,036

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $9,950,888
  • Assessed Land Value: $1,380,852
  • Assessed Improvements Value: $8,570,036

    Sales

  • Current Sale Contract Date: Oct 01, 2018
  • Current Sale Recording Date: Oct 01, 2018
  • Current Sale Transaction ID: 11509838824
  • Current Sale Price: $7,252,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5552223
  • Previous Sale Recording Date: Jan 03, 2017
  • Previous Sale Contract Date: Jan 03, 2017
  • Previous Sale Amount: $5,482,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HOLLIDAY FENOGLIO FOWLER LP
  • Previous Mortgage Transaction Date: Jan 03, 2017
  • Previous Mortgage Loan Amount: $3,920,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 01, 2027

About Ogden



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Frequently Asked Questions

What neighborhood is 2702 Northeast 86th Avenue located in?
The 2702 Northeast 86th Avenue is a located in the neighborhood of Ogden in Ogden, Vancouver.
What is the average sales price for listings in 2702 Northeast 86th Avenue?
The average sales price for units in 2702 Northeast 86th Avenue is $0 currently.

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