1 month on rocket

Sale Pending

514 8th St NE, Auburn, WA, 98002

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
5,493 SqFt
$182/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

514 8th St NE, Auburn$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Year Built1989
ViewTerritorial
MLS #2212579
Lot Size0.39 Acres
StatusSale Pending
(Pending)

About 514 8th St NE

Penny Lane Apartments offered for the first time since its construction. Located in DT Auburn, well-maintained & consists of two 2-story buildings. One being a duplex & another a triplex; consisting of three 2BD/1BTH units & two 2BD/1.5BTH townhomes ranging between 915-1240SF. Units feature all kitchen applncs, baseboard heating, patio/balconies, vinyl & carpet flooring, washer/dryer hook ups, attached garages along with some having additional off street parking. Both buildings are comprised of asphalt shingle roofs which were replaced in 2007, aluminum siding & vinyl windows. A new owner will benefit from the multitude of options in increasing the income at Penny Lane based off their operational strategy. Don't miss this great opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 2
  • Living Area: 5,493 SqFt

Listing Office:

  • Office Name: John L. Scott, Inc
  • Listing Agent: Jonathan D. Bye

Interior Features

Interior Information:

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

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Metal/Vinyl

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved, Sidewalk
  • Lot Size: 0.39 Acres

School Info

Assigned Schools Information:

  • Auburn Senior High School, Public District Grades 9-12
  • Cascade Middle School, Public District Grades 6-8
  • Washington Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Auburn Way North go SE onto 8th St NE. Units will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $12,697
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Auburn, WA

City

Med. Sold Price

$591.6K

Med. Price/SqFt

$316

Avg. Days On Market

28

# of Sold Homes

79

514 8th St NE vs Auburn

38 DAYS ON ROCKET

+10 Days

$1,000,000

+$408.3K More

$182/SqFt

-$134 Less

KEY TAKEAWAY

This property is $408.3K more than the Median Sold Price and $134/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: #2212579

Listing Office:

  • Office Name: John L. Scott, Inc
  • Listing Agent: Jonathan D. Bye

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: 4/29/2024, 1:17:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 09, 1988Home Sold
$58,500

Tax History

YEARPROP. TAXASSESSMENT
2020$12,697$897,000
2018$9,552$755,000
2017$10,302$649,000

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-2786259
5
/10

  • Washington Elementary School

  • 20 E St NE

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2786260
2
/10

  • Cascade Middle School

  • 1015 24th St NE

  • 1.05 miles

  • Public District Grades 6-8

High School

school-card-donut-2786261
2
/10

  • Auburn Senior High School

  • 800 4th St NE

  • 0.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,792. The majority of Auburn, WA residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 8th St NE

What is the listing price of this property?

The listing price of 514 8th St NE property is $1,000,000.

What type of property is this?

The property 514 8th St NE is a house located in Auburn, Washington, 98002.

Is this property for sale now?

Sale Pending: 514 8th St NE is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 514 8th St NE are:
Washington Elementary School: GreatSchools Rating 5/10
Cascade Middle School: GreatSchools Rating 2/10
Auburn Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,697 (source: MLS/based on county public records data).

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

The last sale was on May 9, 1988 for $58,500. (source: MLS/tax record).

What is the square footage of this property?

The property 514 8th St NE is 5,493 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 8th St NE is 1989.

Rocket Homes›Washington›King County›Auburn›98002›514 8th St NE

This home is located at 514 8th St NE in Auburn, WA and zip code 98002. This 5,493 square foot home, which was built in 1989, sits on a 0.39 acre lot. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $1,000,000.

While more than 43 listings in Auburn, WA in March 2024 were sold above asking price, there were more than 21 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Auburn, WA between February 2024 and March 2024 increased by 4.7%. The median list price of listings available in March 2024 was $591,655, while the average time on the real estate market was 28 days.

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

More Resources