NOT LISTED FOR SALE

1113 E 1st St Aberdeen, WA 98520

Estimated Value: $200,000 - $258,000

4 Beds
2 Baths
780 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $145,000 $186 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,286/month

210 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Siding
  • 4-minute walk to Kurt Cobain Riverfront Park

About This Home

As of May 2021

This listing is a perfect opportunity for an investor to own a duplex in Aberdeen's heart and create sweat equity. Stable long term tenants with units that are currently under market rent. Two individual houses on the same lot is a huge value add. Cash-flowing investment with nearly a 7% cap rate on proforma rents. Basement could possibly be converted to third unit for large cashflow increase.

Last Agent to Sell the Property

Austin Wagner

Windermere Prof Partners License #127420 Listed on: 09/03/2020

Windermere Prof Partners

Co-Listed By

Michael Robinson

Windermere Prof Partners License #18503

Last Buyer's Agent

David Parsons

The Preview Group License #133777

The Preview Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1656455

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 4,792

Parking

  • Off-Street Parking

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Additional Features

  • Unfinished Basement

Community Details

  • Aberdeen Community

Listing and Financial Details

  • Assessor Parcel Number 015001002100

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 16 - 1 Story W/Bsmnt.
  • Architecture: Craftsman
  • Building Information: Built On Lot
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4.00
  • Main Floor Bedrooms: 4
  • Bathrooms: 2.00
  • Total Full Bathrooms: 2
  • Main Level Full Bathrooms: 2
  • Basement: Unfinished
  • Estimated Sq Ft: 1560
  • Square Footage Finished: 780
  • Square Footage Unfinished: 780

Exterior Features

  • Exterior: Wood
  • Foundation: Poured Concrete
  • Roof: Composition

Garage/Parking

  • Parking Type: Off Street

Utilities

  • Heating And Cooling: Baseboard
  • Sewer: Sewer Connected
  • Water Heater: Basement
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Aberdeen

Schools

  • School District: ABR

Lot Info

  • Lot Sq Ft: 4800
  • Parcel Number: 015001002100

Rental Info

  • Monthly Rentif Rented: 1310

Tax Info

  • Tax Amount: 1160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Parsons David Le
Bought by
Parsons General Construction Llc
Current Estimated Value
$218,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$194,572
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$23,930

Purchase Details

Listed on
Sep 3, 2020
Closed on
May 12, 2021
Sold by
1113 East First Llc
Bought by
Parsons David
Seller's Agent
Austin Wagner
Windermere Prof Partners
Buyer's Agent
David Parsons
The Preview Group
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$116,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2010
Sold by
Edwards Derek Michael and Edwards Brianne Lynn
Bought by
1113 E 1St Street Llc

Purchase Details

Closed on
Feb 1, 2008
Sold by
Edwards Sandra L
Bought by
Edwards Derek M and Edwards Brianne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2007
Sold by
Edwards Mitchell
Bought by
Edwards Sandra
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Parsons General Construction Llc -- Coast Title
Parsons David $145,000 Coast Title
1113 E 1St Street Llc -- Chicago Title Insurance Co
Edwards Derek M $62,000 Grays Harbor Title
Edwards Sandra -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons General Construction Llc $200,000
Previous Owner Parsons David $116,000
Previous Owner Edwards Derek M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $145,000 -3.3% $186 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $150,000 +3.4% $192 / Sq Ft
01/18/2021 01/18/21 Off Market $145,000 -- --
01/17/2021 01/17/21 For Sale $150,000 0.0% $192 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/03/2020 12/03/20 Price Changed $150,000 -9.1% $192 / Sq Ft
09/21/2020 09/21/20 Price Changed $165,000 -5.7% $212 / Sq Ft
09/03/2020 09/03/20 For Sale $175,000 -- $224 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $1,795 $187,336 $15,005 $172,331
2023 $1,585 $142,625 $15,005 $127,620
2022 $1,227 $105,262 $12,000 $93,262
2021 $1,202 $105,262 $12,000 $93,262
2020 $1,160 $93,620 $9,600 $84,020
2019 $1,012 $89,619 $9,600 $80,019
2018 $1,013 $82,259 $8,640 $73,619
2017 $936 $63,854 $8,640 $55,214
2016 $858 $61,225 $8,640 $52,585
2014 -- $59,390 $8,640 $50,750
2013 -- $64,690 $8,640 $56,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1656455

Northwest Multiple Listing Service (NWMLS)

APN: 015001002100