Listed by Oak Harbor Home and Land, Bought with Century 21 North Homes Realty
NOT LISTED FOR SALE

1051 SE 8th Ave Oak Harbor, WA 98277

-- Bed
-- Bath
17,788 Sq Ft
0.83 Acres

Last Sold July 01, 2024

Last sale price $3,250,000 $183 Per Sq Ft

14 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Wall to Wall Carpet
  • Oak Harbor Elementary School Rated A-
  • Tankless Water Heater
  • 4-minute walk to Flintstone Park

About This Home

As of July 2024

One owner/builder/operator 16 plex 2 blocks from waterfront and heart of old-town. Dishwashers and stacked laundry in all, but townhouses have full-size hookups. Three 2bd/1.5ba townhouses & one 2bd/1ba w/gas cooking and radiant floor heat each in Bldgs C/D (somew/new tankless sytems). Four 2/bd/1ba w/individual room electric wall heaters in Bldgs A/B. Tenants pay all utilities. Low maintenance grounds. 2 of 4 have 2022 roofs. Includes adjacent vacant lot for expansion.

Last Agent to Sell the Property

Steven Springer

Oak Harbor Home and Land License #18548 Listed on: 04/08/2024

Last Buyer's Agent

Lisa Anderson

Century 21 North Homes Realty License #98736

Century 21 North Homes Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2220321

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,044

Year Built

  • Built in 1992

Lot Details

  • 0.83 Acre Lot
  • Corner Lot

Home Design

  • Concrete Foundation
  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 17,788 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 28 Parking Spaces
  • Open Parking

Utilities

  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater
  • Hot Water Circulator

Community Details

  • No Home Owners Association
  • Town Of Oak Harbor Condos
  • City Of Oak Harbor Subdivision

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number S758500000130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,044

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1992
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Town of Oak Harbor
  • New Construction: No
  • CalculatedSquareFootage: 17788
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 370

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Foundation Details: Concrete Ribbon
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 28
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water Recirc Pump, Radiant, Tankless Water Heater, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City
  • WaterCompany: City
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Oak Harbor

Lot Info

  • Parcel Number: S758500000130
  • Lot Size Acres: 0.8264
  • Lot Size Sq Ft: 36000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: ICAO
  • MLSSquareFootageSource: ICAO
  • LotNumber: 13

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 12.33
  • LeasedItems: None
  • TotalMonthlyIncome: 23425

Multi Family

  • Gross Scheduled Income: 281100
  • Net Operating Income: 254056
  • Number Of Units Total: 16
  • Insurance Expense: 9000
  • Leasable Area: 17788
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: false
  • VacancyRate: 3

Tax Info

  • Year: 2024
  • Tax Annual Amount: 18044
  • AdditionalTaxIds: S7585-00-00014-0,S7585-00-00015-0,S7585-00-00035-0,S7585-00-00037-0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $3,250,000 -5.8% $183 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $3,450,000 -- $194 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2220321

Northwest Multiple Listing Service (NWMLS)