NOT LISTED FOR SALE

118 Covered Bridge Rd Grays River, WA 98621

Estimated Value: $872,000

-- Bed
-- Bath
2,142 Sq Ft
$407/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $1,089,000 $508 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,049/month

356 Days on Market

Highlights

  • Attached Carport
  • Wood Siding
  • Farm
  • Level Lot

About This Home

As of December 2020

Welcome to Elk Mountain Ranch, nestled in a peaceful valley on the Grays River with thousands of acres of undeveloped timberland as a backdrop. Elk Mountain Ranch offers an incomparable combination of a beautiful, natural setting, economic and recreation opportunities and good value. Currently operated as a successful wagyu, angus and hay operation, it is well-set up to continue in cattle or change to suit your needs. Surrounded by great fishing and hunting, sporting opportunities are endless.

Last Listed By

Jon Stagnitti

Land and Wildlife LLC License #25221 Listed on: 10/29/2019

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1536368

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1940

Lot Details

  • Level Lot

Parking

  • Attached Carport

Home Design

  • Farm
  • Composition Roof
  • Wood Siding

Community Details

  • Grays River Community

Listing and Financial Details

  • Assessor Parcel Number 3199

Property Details

Property Type

Other

Est. Annual Taxes

$2,580

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Farm Ranch
  • Style: 63 - Farm And Ranch
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Square Footage Finished: 2142

Exterior Features

  • Exterior: Wood
  • Fence: Cross Fenced, Perimeter
  • Roof: Composition
  • Waterfront Frontage: 3000

Garage/Parking

  • Parking Type: Carport-Attached
  • Total Covered Parking: 2

Condo/Co-op/Association

  • Community Name: Grays River

Schools

  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify
  • School District: WAH

Lot Info

  • Lot Number: 171007310001
  • Acres Comments: Multiple parcels
  • Barn Type: Hay, Livestock
  • Cropand Soil Comments: Hay
  • Farm Type: Crop, Livestock
  • Livestock Comments: Negotiable
  • Livestock Type: Cattle
  • Lot Dimensions: 5,880,600
  • Lot Sq Ft: 5880600
  • Lot Topography Vegetation: Level
  • Out Buildings: 2nd Barn, Chicken, Storage, Workshop
  • Parcel Number: 3199
  • Lot Topography: Level

Tax Info

  • Tax Amount: 2040

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Nov 19, 2020
Sold by
Zerr Philip E and Zerr Sulema
Bought by
Wang Qun
Seller's Agent
Jon Stagnitti
Land and Wildlife LLC
Buyer's Agent
Jon Stagnitti
Land and Wildlife LLC
List Price
$1,375,000
Sold Price
$1,089,000
Premium/Discount to List
-$286,000
-20.8%
Total Days on Market
356
Current Estimated Value
$872,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,000
Avg. Annual Appreciation
-6.95%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Elk Mountain Ranch Inc
Bought by
Zerr Philip E and Zerr Sulema

Purchase Details

Closed on
Oct 16, 2012
Sold by
Zerr Sulema and Zerr Philip E
Bought by
Elk Mountain Ranch Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2012
Sold by
Elk Mountain Ranch Inc
Bought by
Zerr Sulema and Zerr Philip E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Zerr Philip E and Zerr Sulema
Bought by
Elk Mountain Ranch Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.46%
Mortgage Type
Credit Line Revolving

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
Wang Qun $1,000 None Available
Zerr Philip E $316 None Available
Elk Mountain Ranch Inc $653 Stewart Title Company
Zerr Sulema $653 Stewart Title Company
Elk Mountain Ranch Inc -- None Available
Zerr Philip E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zerr Sulema $90,000
Previous Owner Zerr Philip E $80,000
Previous Owner Zerr Phillip $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2020 12/08/20 Sold $1,089,000 -1.0% $508 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $1,100,000 -20.0% $514 / Sq Ft
10/29/2019 10/29/19 For Sale $1,375,000 -- $642 / 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
2024 $2,580 $442,600 $30,000 $412,600
2023 $2,580 $450,100 $30,000 $420,100
2021 $1,587 $210,300 $30,000 $180,300
2020 $1,648 $206,200 $30,000 $176,200
2019 $1,648 $206,200 $30,000 $176,200
2018 $1,884 $190,200 $30,000 $160,200
2017 $1,528 $190,200 $30,000 $160,200
2016 -- $176,300 $30,000 $146,300
2015 -- $190,900 $30,000 $160,900
2014 -- $176,300 $30,000 $146,300
2013 -- $176,300 $30,000 $146,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1536368

Northwest Multiple Listing Service (NWMLS)

APN: 171007310001