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511 M Street Northeast

511 M Street Northeast, Auburn, WA 98002
Property in North Auburn
Sold Feb 06, 2024
$2,623,400
$2,000,000 by Global Credit Union
Mortgage Due Feb 06, 2054
Sold Apr 25, 2005
$1,000,000
$385,000 by Washington Mutual Bank
Mortgage
511 M Street Northeast in Auburn, WA was first built in 1967 and is 57 years old. Although, the building on the property was most recently renovated and altered in 1997. 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 17,034 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 open 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. The property was last sold in Feb 1, 2024 for $2,623,400. That's $220.97 per sqft. Prior to that sales transaction, the property was also sold in Apr 22, 2005 for $1,000,000. 511 M Street Northeast was last assessed in 2023. The total value of the property was assessed at $2,893,000. Specifically, the land the property is located on was valued at $340,600. While improvements on the property were assessed at a total of $2,552,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $35,892. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1997
  • 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: 16
  • Business/Commerical Units Count: 2
  • Basement Area: 0
  • Garage Type: Open
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,034
  • Total Building Area: 11,872
  • Gross Building Area: 13,348
  • Building Area: 11,880
  • 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: FRENCHS ADD TO SLAUGHTER
  • Land Acres: 0.391
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: FRENCHS ADD TO SLAUGHTER LESS N 207.5 FT LESS ST PLAT BLOCK: A PLAT LOT: 1

Ownership

  • Current Owner : 42FIVE PARK PLAZA LLC
  • Previous Owner : PARK PLAZA UNITS LIMITED LIABILITY COMPA
  • Owner Before Previous Owner: BLUE THOMAS M
  • Owner Before Previous Owner 2: BLUE JENNIFER C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: RO

Geography

  • Account Number: 264800000806
  • District: AUBURN
  • Parcel: 264800-0008
  • Block: A
  • Lot: 1
  • Meridian: SEC 18 TWN 21 RNG 05
  • Municipality: AUBURN
  • Latitude: 47.3127
  • Longitude: -122.214

    Address

  • Full Address: 511 M St Ne
  • Address - House Number: 511
  • Street Segment Direction: NE
  • Address - Street Name: M
  • Address - Suffix Type: St
  • State: WA
  • City Name: Auburn
  • Carrier Code: C004
  • 4-Digit Zip Code: 4470
  • Zip Code: 98002

Valuation

    Tax

  • Total Area: 11,880
  • Tax Year: 2024
  • Tax Amount: $35,892
  • Tax Rate Code Area: 0133

    Appraisal Valuation

  • Standard Deviation: 0.4061
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 18
  • Final Value: 3,845,235
  • High Value: 5,406,804
  • Low Value: 2,283,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: GLOBAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Feb 06, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 06, 2054

    Market Valuation

  • Market Total Value: $2,893,000
  • Market Land Value: $340,600
  • Market Improvement Value: $2,552,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,893,000
  • Assessed Land Value: $340,600
  • Assessed Improvements Value: $2,552,400

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 06, 2024
  • Current Sale Transaction ID: 11920243101
  • Current Sale Price: $2,623,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 457
  • Previous Sale Recording Date: Apr 25, 2005
  • Previous Sale Contract Date: Apr 22, 2005
  • Previous Sale Amount: $1,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GLOBAL CREDIT UNION
  • First Mortgage Transaction Date: Feb 06, 2024
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK
  • Previous Mortgage Transaction Date: Apr 25, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $385,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About North Auburn



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Nearby Rentals

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

$2,000 /mo

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

Frequently Asked Questions

What neighborhood is 511 M Street Northeast located in?
The 511 M Street Northeast is a located in the neighborhood of North Auburn in North Auburn, Auburn.
What is the average sales price for listings in 511 M Street Northeast?
The average sales price for units in 511 M Street Northeast is $0 currently.

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