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402 4th St SE, Auburn, WA, 98002

$740,000

Home List Price

$8,788*

Closing Credit

0 Baths
2,540 SqFt
$291/SqFt
House

Location

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402 4th St SE, Auburn$740,000

Buyer Closing Credits

$8,788*

1.25% Loan Amount

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Property Highlights

Year Built1989
HeatingOther
CoolingNone
MLS #2298255
Lot Size0.23 Acres
StatusActive

About 402 4th St SE

Hard to find cash flow, value-add opportunity available with this duplex in the heart of Auburn. Strong rental income, with room to increase rents, on Unit A with rent at $2,150 for a 1,270 square foot unit. Second Unit B, also at 1,270 square feet, is far below market rate at $1,825 and is primed for a substantial rental increase. Desirable corner lot units are both 3 bedrooms, 2.5 baths and have separate garages, laundry and balconies. Conveniently located in a walkable community and close to shopping, restaurants, medical services, public transportation, and perfect for commuters of Highways 18 & 167. Live in one side and rent the other, add to your portfolio or begin your journey toward wealth building.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 2,540 SqFt

Listing Office:

  • Office Name: KW Mountains to Sound Realty
  • Office Phone: (253) 220-8371
  • Listing Agent: Brian Manaois

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Carpet
  • Interior: Wall to Wall Carpet

Exterior Features

Exterior Information:

  • Exterior: Wood, Wood Products

Lot Features

Lot Information:

  • Lot: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: From Auburn Way South turn East on 4th St Se to duplex on the right OR from M St SE to West on 4th St Se to duplex on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $740,000
  • Price Per SqFt: $291/SqFt

Tax Information:

  • Annual Amount: $5,098
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Auburn, WA.

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Auburn, WA

City

Med. Sold Price

$595K

Med. Price/SqFt

$324

Avg. Days On Market

39

# of Sold Homes

110

402 4th St SE vs Auburn

40 DAYS ON ROCKET

+1 Day

$740,000

+$145K More

$291/SqFt

-$33 Less

KEY TAKEAWAY

This property is $145K more than the Median Sold Price and $33/SqFt less than other homes in Auburn, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2298255

Listing Office:

  • Office Name: KW Mountains to Sound Realty
  • Office Phone: (253) 220-8371
  • Listing Agent: Brian Manaois

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 12:17:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 30, 2011Home Sold
$200,000
Jul 06, 2006Home Sold
$351,200
May 05, 1997Home Sold
$163,000
Jun 29, 1990Home Sold
$239,900

Tax History

YEARPROP. TAXASSESSMENT
2020$5,098$355,000
2018$4,854$384,000
2017$5,543$351,000

History based on county public records data.

Payment Calculator

$3,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-163925
5
/10

  • Washington Elementary School

  • 20 E St NE

  • 0.33 miles

  • Public District Grades PK-5

school-card-donut-163926
5
/10

  • Terminal Park Elementary School

  • 1101 D St SE

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-163927
4
/10

  • Pioneer Elementary School

  • 1825 K St SE

  • 0.86 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,471. The most common annual income of people living in Auburn, WA is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Auburn, WA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Auburn, WA.

Auburn, King, Washington offers a diverse array of housing options, with single-family homes being a significant component of the market. The architectural styles in Auburn are varied, with a mix of contemporary, craftsman, and ranch-style homes. The housing market is dynamic, with a blend of older homes dating back to the mid-20th century and newer constructions that have added to the city's suburban landscape. The homeownership rate in Auburn is robust, reflecting a community invested in residential stability.

What is it like to live in Auburn, WA?

Auburn prides itself on a community-oriented atmosphere that combines suburban living with a touch of rural charm. The city is celebrated for its annual events such as the Auburn Days Parade, which showcases the local culture and community spirit. The area's parks and recreational facilities contribute to a family-friendly environment that is appreciated by residents and visitors alike.

Is it easy to get around Auburn, WA without a car?

The community is served by a range of essential services, including public and private schools that cater to various educational needs. Auburn is home to several healthcare facilities that provide residents with access to primary care, emergency services, and specialized medical treatments. The city also features a public library system that supports educational and cultural enrichment. Retail and dining options in Auburn reflect the local culture, offering both familiar chains and unique local establishments.

Transportation in Auburn, WA.

Transportation in Auburn includes a network of roads and highways that connect residents to nearby cities and employment hubs. Public transit options are available, providing residents with alternatives to private vehicle use. The city's commitment to improving transport efficiency is evident in its ongoing infrastructure projects. Auburn also features areas that are pedestrian-friendly, encouraging walking and biking as viable modes of transportation within the community.

Frequently Asked Questions About 402 4th St SE

What is the listing price of this property?

The listing price of 402 4th St SE property is $740,000.

What type of property is this?

The property 402 4th St SE is a house located in Auburn, Washington, 98002.

Is this property for sale now?

Active Listing: 402 4th St SE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,098 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 30, 2011 for $200,000. (source: MLS/tax record).

What is the square footage of this property?

The property 402 4th St SE is 2,540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 402 4th St SE is 1989.

Rocket Homes›Washington›King County›Auburn›98002›402 4th St SE

This home is located at 402 4th St SE in Auburn, WA and zip code 98002. This 2,540 square foot home, which was built in 1989, sits on a 0.23 acre lot. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $740,000.

In October 2024 more than 31 listings in Auburn, WA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 50 were sold below. Between September 2024 and October 2024, Auburn, WA real estate market has seen increase in the number of listings by 1.8%. While the average time on the market in October 2024 was 39 days, the median list price was $595,000.

From Rocket Homes Real Estate and based on county public records data.

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