Listed by John L. Scott CNT, Bought with Abbey Realty Inc
NOT LISTED FOR SALE

124 Elma Dr Centralia, WA 98531

Estimated Value: $340,471 - $501,000

-- Bed
2 Baths
2,246 Sq Ft
$187/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $250,000 $111 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,484/month

90 Days on Market

Highlights

  • High Speed Internet
  • Wood Siding
  • 1-Story Property
  • Partially Fenced Property
  • Wall to Wall Carpet

About This Home

As of November 2020

Comfortable well built, attractive 2 bedroom duplex on large .73 acre lot. Units are 1123 sq.ft. with single car garage. Built in 1977 on the outskirts of town in nice residential area. Great rental history with rents below market. Won't last long.

Last Agent to Sell the Property

Mark Althauser

John L. Scott CNT License #113103 Listed on: 07/24/2020

John L. Scott CNT

Last Buyer's Agent

Mike Erdahl

Abbey Realty Inc License #48862

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1636045

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1977

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 301.2x103
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in average condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,246 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Schools

  • Oakview Elementary School
  • Centralia Mid Middle School
  • Centralia High School

Utilities

  • Well
  • Septic Tank
  • Septic System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Gilke Acres Condos
  • Waunches Prairie Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2
  • Assessor Parcel Number 010597014000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1977
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Gilke Acres
  • New Construction: No
  • CalculatedSquareFootage: 2246
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Septic System, Electric, Individual Well
  • PowerCompany: Lewis Co. PUD
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Centralia
  • High School: Centralia High
  • Middle Or Junior School: Centralia Mid

Lot Info

  • Parcel Number: 010597014000
  • Lot Size Acres: 0.73
  • Lot Size: 301.2X103
  • Lot Size Sq Ft: 31799
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet
  • MLSLotSizeSource: Public records
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 2000

Multi Family

  • Gross Scheduled Income: 24000
  • Net Operating Income: 19568
  • Number Of Units Total: 2
  • Electric Expense: 480
  • Insurance Expense: 1400
  • Leasable Area: 2246
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 2552

MLS Schools

  • Elementary School: Oakview Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2021
Sold by
Erdahl and Betty
Bought by
124 Elma Llc
Current Estimated Value
$420,736

Purchase Details

Listed on
Jul 24, 2020
Closed on
Nov 5, 2020
Sold by
Schultz Nga Thi
Bought by
Erdahl Michael and Erdahl Betty
Seller's Agent
Mark Althauser
John L. Scott CNT
Buyer's Agent
Mike Erdahl
Abbey Realty Inc
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Seller Take Back
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
124 Elma Llc -- Chicago Title
Erdahl Michael $250,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erdahl Michael $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $250,000 -16.4% $111 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/05/2020 10/05/20 Price Changed $299,000 +4.9% $133 / Sq Ft
10/01/2020 10/01/20 Price Changed $285,000 -4.7% $127 / Sq Ft
10/01/2020 10/01/20 For Sale $299,000 0.0% $133 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $299,000 0.0% $133 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $299,000 -- $133 / 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 $3,042 $414,100 $60,700 $353,400
2024 $3,042 $414,100 $60,700 $353,400
2023 $3,737 $414,100 $60,700 $353,400
2022 $3,119 $287,300 $33,700 $253,600
2021 $2,628 $287,300 $33,700 $253,600
2020 $2,989 $258,600 $32,400 $226,200
2019 $2,552 $236,600 $29,700 $206,900
2018 $2,504 $193,800 $23,800 $170,000
2017 $2,097 $170,200 $23,800 $146,400
2016 $2,249 $179,100 $25,000 $154,100
2015 $2,178 $190,200 $31,700 $158,500
2013 $2,178 $188,950 $31,650 $157,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1636045

Northwest Multiple Listing Service (NWMLS)

APN: 010597-014-000