440 Main Ave S, North Bend, WA 98045 | 1228834 | Berkshire Hathaway HomeServices Northwest Real Estate  

440 Main Ave S $4,475,000

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    440 Main Ave S North Bend, WA 98045

    Sold
    SOLD 3/26/2020

    $4,475,000

    Market Estimate
    • 0 Beds
    • 0 Baths
    • 16,855 sq. ft.
    • Multi-Family
    • Listing# 1228834
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    Views: 185

    Property Details

    Cascade Park is a 28 unit senior housing complex in a beautiful community setting. This 2-story elevator serviced garden style apartment building has 27 1bedrm/1bath and 1 2bedrm/1bath units. Amenities include a lobby, an office, community rooms, common bathroom, maintenance rooms, tenant storage room, coin-op laundry, nice landscaping, and a large paved parking lot. Building meticulously maintained by the owners. Easy access to employment centers, shopping, and restaurants in North Bend.

    • General Features
      • County King
      • Zoning Code Multi-Family
      • County King
      • Lot Details Corner Lot, Paved Street, Sidewalk
      • Lot Square Footage 34,856
      • Number of Stories 2
      • Number of Units 28
      • Site Features Cable TV, Disabled Access, High Speed Internet
      • Style 56-10+ Units
      • Year Built 1987
    • Building Features
      • Roof Compostion
      • Exterior Metal/Vinyl
      • Amenities Coin Op Laundry, Elevator, Thermal Windows
      • Approx SqFt 16,855
      • Floor Covering Vinyl, Wall to Wall Carpet
      • Foundation Poured Concrete, Slab
    • Financials
      • Total Monthly Income $19,887
      • Net Operating Income $32,018
      • Gross Scheduled Income $234,648
      • Gross Adjusted Income $236,423
      • Total Expenses $187,928
      • Other Expenses $122,108
      • Insurance Expenses $5,381
      • Expenses $187,928
      • Heating Expenses $0
      • Electrical Expenses $8,616
      • Gross Rent Multiplier 19
    • Utilities and Taxes
      • Tax Year 2017
      • Tax Amount $15,911
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company City of North Bend
      • Sewer Company Sewer Connected
    • Schools
      • School District Snoqualmie Valley
      • Senior High Buyer To Verify
      • Junior High Buyer To Verify
      • Elementary School Buyer To Verify

    Neighborhood

    98045 (North Bend) Demographics

    41 Median Age
    43 Population Density (per sq. mile)
    48% College Educated
    $96,779 Estimated Median Income
    4,140 Estimated Total Home Owners
    1,286 Estimated Total Renters
    76% / 24% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    14,484 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $645,000 Median Sales Price
    25 Homes Sold
    32 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        3/26/2020 12:00:00 AM Sold Source New Value: $4,475,000

        About

        Melissa Taka Kershner

        Melissa Taka Kershner

        More information about me.

        About

        Greg Bowyer

        Greg Bowyer

        More information about me.

        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2020. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.



        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.