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308 Park Avenue Northeast

308 Park Avenue Northeast, Auburn, WA 98002
Property in Downtown Auburn
Sold Apr 12, 2022
$808,000
$581,250 by United Wholesale Mortgage Llc
Mortgage Due May 01, 2052
Sold Mar 14, 2017
$396,000
$297,000 by New American Funding
Mortgage Due Apr 01, 2047
308 Park Avenue Northeast in Auburn, WA was first built in 1958 and is 66 years old. Although, the building on the property was most recently renovated and altered in 1993. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. In total, the area measurement of the land is 6,589 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal 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. For those who need parking, there is a covered garage. 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 C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with a wall air conditioning unit. As for heating, the home is utilizing floor/wall heating system and being fueled with electricity. 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, 308 Park Avenue Northeast sold most recently in Apr 4, 2022 for a total of $808,000. If you work out the math, that's approximately a cost of $399.21 per sqft. Before that, the property was also sold for $396,000 in Mar 9, 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 $7,824 in taxes each year. 308 Park Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $638,000. If we break it down further, the land itself was valued at $112,000. Improvements to the property, however, were assessed at a total of $526,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1958
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Garage Type: Covered
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,589
  • Total Building Area: 2,024
  • Gross Building Area: 2,208
  • Building Area: 2,024
  • Building Area Measurement: Adjusted Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WARREN JAMES W 1ST ADD TO AUBURN
  • Land Acres: 0.151
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: WARREN JAMES W 1ST ADD TO AUBURN PLAT BLOCK: 1 PLAT LOT: 2

Ownership

  • Current Owner : SHOJAIE ALI
  • Current Owner 2: ZANGENAH SAHAR Z
  • Previous Owner : MERRY TODD R
  • Previous Owner 2: MERRY MOLLY A
  • Owner Before Previous Owner: JOHNSON CHRISTINE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Auburn School District
  • Census Tract: 030600

Zoning

  • Zoning: C1

Geography

  • Account Number: 917260001008
  • District: AUBURN
  • Parcel: 917260-0010
  • Block: 1
  • Lot: 2
  • Meridian: SEC 18 TWN 21 RNG 05
  • Municipality: AUBURN
  • Latitude: 47.3113
  • Longitude: -122.226

    Address

  • Full Address: 308 Park Ave
  • Address - House Number: 308
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: WA
  • City Name: Auburn
  • Carrier Code: C001
  • 4-Digit Zip Code: 4386
  • Zip Code: 98002

Valuation

    Tax

  • Total Area: 2,024
  • Tax Year: 2024
  • Tax Amount: $7,824
  • Tax Rate Code Area: 0133

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 82
  • Final Value: 815,100
  • High Value: 933,448
  • Low Value: 696,751

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $581,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $581,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $638,000
  • Market Land Value: $112,000
  • Market Improvement Value: $526,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $638,000
  • Assessed Land Value: $112,000
  • Assessed Improvements Value: $526,000

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11885807710
  • Current Sale Price: $808,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1020
  • Previous Sale Recording Date: Mar 14, 2017
  • Previous Sale Contract Date: Mar 09, 2017
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $581,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NEW AMERICAN FUNDING
  • Previous Mortgage Transaction Date: Mar 14, 2017
  • Previous Mortgage Loan Amount: $297,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2047

About North Auburn



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Unit for rent at 329 E Main Street, Auburn, WA, 98002

$2,000 /mo

  • Studio
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329 E Main Street, Auburn, WA, 98002 Listing by Charlene Lewis

Frequently Asked Questions

What neighborhood is 308 Park Avenue Northeast located in?
The 308 Park Avenue Northeast is a located in the neighborhood of Downtown Auburn in North Auburn, Auburn.
What is the average sales price for listings in 308 Park Avenue Northeast?
The average sales price for units in 308 Park Avenue Northeast is $0 currently.

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