NOT LISTED FOR SALE

1045 S 3rd Ave Sequim, WA 98382

Estimated Value: $450,000

-- Bed
2 Baths
13,525 Sq Ft
$33/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $2,168,300 $160 Per Sq Ft

Current estimated payment $2,957/month

50 Days on Market

Highlights

  • City View
  • 1-Story Property
  • Baseboard Heating

About This Home

As of September 2023

Two 4-plexes & two duplexes (12 units total) plus space on 2.86 acre to develop at least one more 4-plex within the city limits of Sequim. 864 SF shop/garage included. Six of the units are 2 BR & the other six are 1 BR but each of the 1 BR units has a partition which allows for 2nd BR in each & plumbing off each partition area if a 2nd bath is desired. Total income of $189,000 annually. Annual expenses of $40,604 for taxes, insurance, H2O, sewer, garbage. One meter for H20/Sewer. Tenants pay electricity.

Last Listed By

Michael McAleer

RE/MAX Prime License #1098 Listed on: 05/23/2023

RE/MAX Prime

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,876

Year Built

  • Built in 1991

Lot Details

  • 2.86 Acre Lot

Interior Spaces

  • 13,525 Sq Ft Home
  • 1-Story Property
  • City Views
  • Oven or Range

Laundry

  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Community Sewer or Septic

Community Details

  • 12,661 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash, water
  • Assessor Parcel Number 033030531035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,876

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Addendum: Total SF for all 12 units is 12,661 SF. Units 30, 31, 32 and 33 (4-plex) was built in 1991; Units 40, 41, 42, and 43 (4-plex) was built in 2003; Units 50 and 51 (duplex) was built in 2011; Units 52 and 53 (duplex) was built in 2006. Owners unit, #53, on t
  • Class: Multi-Family
  • Heat: Baseboard, Ductless Heat Pump
  • Lot Dimensions: irreg
  • Sewage: City
  • Structure Type: 1 Story
  • Assessor Parcel Number: 033030531035
  • Type: 10+ Units
  • View: City
  • View 2: City
  • Year Built: 1991
  • Zoning Description: Multi-Family
  • Annual Expense: 40604
  • Annual Net: 148396
  • Property Name: Sequim Terrace
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Total Sq Ft: 13525
  • Unfinished Sq Ft: 864

Exterior Features

  • Number Of Acres: 2.86

Utilities

  • Water: City

Schools

  • School District: 323-SqHS

Rental Info

  • Annual Rental Income: 189000
  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units: 12

Tax Info

  • Taxes Dollar: 18876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2009
Sold by
Davis George S and Davis Jerilyn A
Bought by
Sequim Terrace Llc
Total Days on Market
50
Current Estimated Value
$450,000

Range of Values:

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Average Value
Not Available
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
Sequim Terrace Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $2,168,300 -12.0% $160 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $2,462,673 -- $182 / Sq Ft
Source: Olympic Listing Service

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
2021 $5,069 $540,027 $88,200 $451,827
2020 $5,221 $498,074 $88,200 $409,874
2018 $47 $466,346 $88,200 $378,146
2017 $2,172 $391,101 $88,200 $302,901
2016 $3,706 $394,516 $88,200 $306,316
2015 $3,706 $360,420 $88,200 $272,220
2013 $3,706 $338,611 $88,200 $250,411
2012 $3,706 $367,382 $100,800 $266,582
Source: Public Records

Agents Affiliated with this Home

  • Michael McAleer

    Seller's Agent in 2023

    Michael McAleer

    RE/MAX

    (360) 460-2839

    437 Total Sales

    Michael McAleer
    Section Image
  • Brian Jackson

    Buyer's Agent in 2023

    Brian Jackson

    RE/MAX

    (408) 422-6826

    Section Image
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Map

Source: Olympic Listing Service

MLS Number: 370637

Olympic Listing Service

APN: 0330305310353030

Washington Clallam County Sequim 98382

1045 S 3rd Ave, Sequim, WA

Homes for Sale in Sequim, WA

This home is located at 1045 S 3rd Ave, Sequim, WA 98382 since 23 May 2023 and is currently estimated at $450,000, approximately $33 per square foot. This property was built in 1991. 1045 S 3rd Ave is a home located in Clallam County with nearby schools including Helen Haller Elementary School, Sequim Middle School, and Sequim Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Olympic Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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