NOT LISTED FOR SALE

101 N B St Elma, WA 98541

Estimated Value: $245,000 - $287,936

-- Bed
1 Bath
6,416 Sq Ft
$42/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $760,000 $118 Per Sq Ft

Current estimated payment $1,640/month

6 Days on Market

Highlights

  • Patio
  • Wood Siding
  • Wall to Wall Carpet
  • High Speed Internet

About This Home

As of October 2020

Great Investment Opportunity! Always rented! Two 4-Plex Buildings totaling Eight Units, all 2 Bdrm/1 bath plus coin op laundry with 2 washers/2 dryers! Masters have Walk-in Closets! Covered patios down stairs and covered balconies upstairs! Metal Roof, Recent exterior paint, paved parking. All units have been updated, most recently. Conveniently located in Elma! Great Tenants! Please do not disturb Tenants!

Last Listed By

Jill Warne

CENTURY 21 Real Estate Center License #7382 Listed on: 08/06/2020

CENTURY 21 Real Estate Center

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1643004

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,378

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 6,416 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Schools

  • Elma Elementary School
  • Elma Mid Middle School
  • Elma High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Elma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 618063513017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,378

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6416
  • Special Features: None
  • Cumulative Days on Market: 249

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Metal
  • Lot Features: Alley, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: GH PUD
  • SewerCompany: City of Elma
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 9216

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Elma
  • High School: Elma High
  • Middle Or Junior School: Elma Mid

Lot Info

  • Parcel Number: 618063513017
  • Lot Size Acres: 0.3483
  • Lot Size Sq Ft: 15172
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet,Patio
  • MLSLotSizeSource: survey
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 5950

Multi Family

  • Gross Scheduled Income: 71400
  • Net Operating Income: 52790
  • Number Of Units Total: 8
  • Electric Expense: 780
  • Insurance Expense: 2236
  • Leasable Area: 6416
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 6378

MLS Schools

  • Elementary School: Elma Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Hauge Patricia M
Bought by
Perkins Kaytlin and Kirby Jacob
Total Days on Market
6
Current Estimated Value
$270,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,026
Outstanding Balance
$258,100
Interest Rate
5.78%
Mortgage Type
VA
Estimated Equity
$11,634

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perkins Kaytlin -- Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Kaytlin $268,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $760,000 +1.3% $118 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $750,000 -- $117 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,664 $174,252 $68,050 $106,202
2023 $1,677 $172,125 $68,050 $104,075
2022 $1,461 $130,965 $54,440 $76,525
2021 $1,106 $130,965 $54,440 $76,525
2020 $1,132 $99,685 $35,000 $64,685
2019 $924 $99,685 $35,000 $64,685
2018 $1,078 $88,905 $35,000 $53,905
2017 $1,035 $78,538 $35,000 $43,538
2016 $929 $76,465 $35,000 $41,465
2014 -- $75,600 $35,000 $40,600
2013 -- $75,450 $35,000 $40,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1643004

Northwest Multiple Listing Service (NWMLS)

APN: 618063513018