Listed by BHGRE - Northwest Home Team, Bought with Olympic Sotheby's Int'l Realty
NOT LISTED FOR SALE

1117 1st St NE Chehalis, WA 98532

Estimated Value: $276,629 - $314,000

-- Bed
2 Baths
880 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $169,900 $193 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,697/month

195 Days on Market

Highlights

  • Territorial View
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of April 2019

Excellent opportunity to purchase a nice duplex with excellent rental history. Newer roof and several improvements to property. Low maintenance with good cash flow. Good duplex to get your real estate portfolio started with!

Last Agent to Sell the Property

Dave Cosser

BHGRE - Northwest Home Team License #18841 Listed on: 08/29/2018

BHGRE - Northwest Home Team

Last Buyer's Agent

Kim Witham

Olympic Sotheby's Int'l Realty License #136319

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1353527

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $436

Year Built

  • Built in 1971

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Napavine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 008366007000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$436

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1971
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 880
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Lewis County PUD
  • SewerCompany: City Of Napavine
  • WaterCompany: City of Napavine
  • WaterSewerGarbage: 2640

Schools

  • Junior High Dist: Napavine

Lot Info

  • Parcel Number: 008366007000
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1270

Multi Family

  • Gross Scheduled Income: 14400
  • Net Operating Income: 10949
  • Number Of Units Total: 2
  • Insurance Expense: 375
  • Leasable Area: 880
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2018
  • Tax Annual Amount: 436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Mar 29, 2019
Sold by
Mde Investments Llc
Bought by
Schroeder Lesley Katherine
Seller's Agent
Dave Cosser
BHGRE - Northwest Home Team
Buyer's Agent
Kim Witham
Olympic Sotheby's Int'l Realty
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$295,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,415
Avg. Annual Appreciation
8.55%
Original Mortgage
$166,822
Outstanding Balance
$148,460
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$139,744

Purchase Details

Listed on
Aug 29, 2018
Closed on
Mar 28, 2019
Sold by
Schroeder Brandon Forrest and Schroeder Lesley Katherine
Bought by
Schroeder Lesley Katherine
Seller's Agent
Dave Cosser
BHGRE - Northwest Home Team
Buyer's Agent
Kim Witham
Olympic Sotheby's Int'l Realty
List Price
$169,900
Sold Price
$169,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,822
Outstanding Balance
$148,460
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$139,744

Purchase Details

Closed on
Feb 27, 2018
Sold by
Webber Mike J and Webber Mary
Bought by
Mde Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2018
Sold by
Webber Mike J and Webber Mary
Bought by
Mde Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
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
Schroeder Lesley Katherine $169,900 Lewis County Title
Schroeder Lesley Katherine -- Lewis County Title
Mde Investments Llc $145,000 Lewis County Title
Mde Investments Llc -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Lesley Katherine $166,822
Previous Owner Mde Investments Llc $108,750
Previous Owner Mde Investments Llc $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $169,900 +3.0% $193 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $164,900 -2.9% $187 / Sq Ft
10/23/2018 10/23/18 For Sale $169,900 0.0% $193 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $169,900 -- $193 / 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 $1,580 $229,000 $87,900 $141,100
2024 $1,580 $219,600 $68,700 $150,900
2023 $1,429 $213,300 $60,600 $152,700
2022 $1,252 $167,500 $42,400 $125,100
2021 $1,180 $167,500 $42,400 $125,100
2020 $1,156 $144,200 $38,200 $106,000
2019 $939 $132,700 $34,000 $98,700
2018 $1,009 $105,900 $33,900 $72,000
2017 $939 $98,600 $33,900 $64,700
2016 $906 $92,500 $30,300 $62,200
2015 $883 $86,800 $30,300 $56,500
2013 $883 $86,600 $30,300 $56,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1353527

Northwest Multiple Listing Service (NWMLS)

APN: 008366-007-000