NOT LISTED FOR SALE

1201 Eshom Rd Centralia, WA 98531

Estimated Value: $992,000

4 Beds
2 Baths
3,540 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $300,000 $85 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $5,757/month

326 Days on Market

Highlights

  • Corner Lot
  • Patio
  • Partially Fenced Property
  • Thermal Windows
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of May 2013

Solid investment. Single story 4-plex in 2 separate buildings. Each unit is spacious and has fenced yard for privacy. Each building on separate tax parcel so could be split in future. Solid rental record. Great location. Well maintained.

Last Listed By

Greg Lund

CENTURY 21 Lund, Realtors License #23001977 Listed on: 05/31/2012

CENTURY 21 Lund, Realtors

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 363628

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,236

Year Built

  • Built in 1991

Lot Details

  • 0.36 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,540 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 10 Parking Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Fords Prairie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 021907003001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,236

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 3540
  • Special Features: None
  • Cumulative Days on Market: 605

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 10
  • Open Parking: Yes
  • Total Parking Spaces: 10
  • ParkingUncoveredSpaces: 10

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Centralia City Light
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 6800

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 021907003001
  • Lot Size Acres: 0.3604
  • Lot Size Sq Ft: 15700
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • ZoningClass: Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3000

Multi Family

  • Gross Scheduled Income: 36000
  • Net Operating Income: 22844
  • Number Of Units Total: 4
  • Insurance Expense: 1400
  • Leasable Area: 3540
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2012
  • Tax Annual Amount: 3236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Pearson And Pearson Leasing Partners
Bought by
E & D Leasing
Total Days on Market
326
Current Estimated Value
$992,000

Purchase Details

Closed on
May 27, 2014
Sold by
Pearson & Pearson Leasing Partners
Bought by
E & D Leasing Llc

Purchase Details

Listed on
May 31, 2012
Closed on
May 28, 2013
Sold by
Ciolli Steve L and Ciolli Jackie C
Bought by
Pearson & Pearson Leasing Partners
Seller's Agent
Greg Lund
CENTURY 21 Lund, Realtors
List Price
$329,000
Sold Price
$300,000
Premium/Discount to List
-$29,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.45%
Original Mortgage
$60,000
Interest Rate
3.38%
Mortgage Type
Commercial
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
E & D Leasing -- None Available
E & D Leasing Llc -- None Available
Pearson & Pearson Leasing Partners $300,000 Title Guaranty
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pearson & Pearson Leasing Partners $60,000
Previous Owner Ciollli Steve L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $300,000 -8.8% $85 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
05/31/2012 05/31/12 For Sale $329,000 -- $93 / 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 $2,521 $343,000 $75,000 $268,000
2024 $2,521 $343,000 $75,000 $268,000
2023 $2,795 $309,500 $75,000 $234,500
2022 $2,645 $243,500 $45,300 $198,200
2021 $2,199 $243,500 $45,300 $198,200
2020 $2,430 $216,200 $43,600 $172,600
2019 $2,161 $192,300 $38,400 $153,900
2018 $2,011 $164,000 $32,300 $131,700
2017 $1,685 $136,700 $32,300 $104,400
2016 $1,710 $143,900 $34,000 $109,900
2015 $1,628 $144,600 $42,800 $101,800
2013 $1,628 $144,100 $42,800 $101,300
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 363628

Northwest Multiple Listing Service (NWMLS)

APN: 021907-003-001