Listed by Windermere RE/Aberdeen, Bought with Price & Price Realty, Inc. PS
NOT LISTED FOR SALE

1048 E Pioneer Ave Unit 1-3 Montesano, WA 98563

Estimated Value: $439,000 - $490,464

3 Beds
2 Baths
2,817 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $265,000 $94 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,796/month

47 Days on Market

Highlights

  • RV Access or Parking
  • Deck
  • Open Space
  • 1.1 Acre Lot
  • Patio
  • Wall to Wall Carpet

About This Home

As of March 2020

Montesano Investment Opportunity! Large 1 Acre Lot includes 3 Houses, Large Shop, Level Yard & tons of parking.Terrific investment or live in one and rent out the others. New roof completed in Aug 2019. Each unit is 2 Bedroom 1 Bath. Primary home has attached Garage & Utility Room. Shared Utility room for other units located off the shop.Tenants are month to month. Occupied by long term tenants so rents are very low. Please do not disturb the tenants!Buyer to verify all info/Financials Unknown.

Last Agent to Sell the Property

Donia Guge

Windermere RE/Aberdeen License #128073 Listed on: 12/10/2019

Windermere RE/Aberdeen

Last Buyer's Agent

Steven Caldwell

Price & Price Realty, Inc. PS License #17662

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1547183

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1902

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 177' x 260'
  • Open Space

Home Design

  • Triplex
  • Concrete Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,817 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

  • Montesano Jr-Sr High Middle School
  • Montesano Jr-Sr High School

Utilities

  • Cable TV Available

Community Details

  • Montesano Subdivision

Listing and Financial Details

  • Assessor Parcel Number 617070821001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,827

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1902
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2817
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Half of Total
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition, See Remarks
  • Lot Features: Open Space, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Concrete Ribbon, See Remarks
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Montesano
  • WaterCompany: City of Montesano
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Montesano
  • High School: Montesano Jr-Sr High
  • Middle Or Junior School: Montesano Jr-Sr High

Lot Info

  • Parcel Number: 617070821001
  • Lot Size Acres: 1.1
  • Lot Size: 177' X 260'
  • Lot Size Sq Ft: 47916
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Outbuildings,Patio,RV Parking,Shop
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1300

Multi Family

  • Gross Scheduled Income: 1300
  • Number Of Units Total: 6
  • Leasable Area: 2817
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2827

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2022
Sold by
Kim Tony H
Bought by
Kim Tony H and Yang Jung Hvya
Current Estimated Value
$462,866

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 16, 2020
Sold by
Yang Jung Hwa and Yang Tony H
Bought by
Kim Tony H
Seller's Agent
Donia Guge
Windermere RE/Aberdeen
Buyer's Agent
Steven Caldwell
Price & Price Realty, Inc. PS
List Price
$385,500
Sold Price
$265,000
Premium/Discount to List
-$120,500
-31.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$198,750
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

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
Kim Tony H -- None Listed On Document
Kim Tony H -- Pacific Title
Kim Tony H $265,000 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Tony H $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $265,000 -11.4% $94 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $299,000 -22.4% $106 / Sq Ft
12/10/2019 12/10/19 For Sale $385,500 -- $137 / 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 $4,098 $443,293 $111,500 $331,793
2023 $3,982 $383,887 $88,689 $295,198
2022 $2,821 $260,726 $65,688 $195,038
2021 $3,082 $260,726 $65,688 $195,038
2020 $3,276 $259,042 $58,650 $200,392
2019 $1,322 $265,541 $51,000 $214,541
2018 $1,300 $249,649 $51,000 $198,649
2017 $1,159 $206,873 $45,000 $161,873
2016 $1,098 $199,165 $45,000 $154,165
2014 -- $194,840 $45,000 $149,840
2013 -- $194,510 $45,000 $149,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1547183

Northwest Multiple Listing Service (NWMLS)

APN: 617070821001