Listed by Westlake Associates, Inc., Bought with Westlake Associates, Inc.
NOT LISTED FOR SALE

1298 SE 4th Ave Oak Harbor, WA 98277

-- Bed
12 Baths
8,875 Sq Ft
0.77 Acres

Last Sold May 22, 2020

Last sale price $1,750,000 $197 Per Sq Ft

22 Days on Market

Highlights

  • Wall to Wall Carpet
  • Oak Harbor Elementary School Rated A-
  • 2-minute walk to Waterfront Trail

About This Home

As of May 2020

Very charming 2 bed and 2 bath apartment units. Many outdoor areas where you can enjoy the lush mature Washington landscaping. Tile & carpet floors, new bathroom, kitchen, appliances, impact windows and doors. The entire lot is approximately 7,000 sq feet with plenty of parking spaces and a spacious backyard. This property is avaialble for immediate move in-reservation. $600 for utilities

Last Agent to Sell the Property

Louis Voorhees

Westlake Associates, Inc. License #111646 Listed on: 03/16/2020

Co-Listed By

River Voorhees

Westlake Associates, Inc. License #111863

Last Buyer's Agent

Reid Jones

Westlake Associates, Inc. License #87080

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1578999

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,980

Year Built

  • Built in 1984

Lot Details

  • 0.77 Acre Lot

Home Design

  • Composition Roof
  • Vinyl Construction Material
  • Wood Composite

Interior Spaces

  • 8,875 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet

Parking

  • 20 Parking Spaces
  • Open Parking

Community Details

  • City Of Oak Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number S70900030040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,980

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1984
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8875
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric
  • WaterSewerGarbage: 20797

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Oak Harbor

Lot Info

  • Parcel Number: S70900030040
  • Lot Size Acres: 0.7692
  • Lot Size Sq Ft: 33508
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Island County Assessor
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 13515

Multi Family

  • Gross Scheduled Income: 162180
  • Net Operating Income: 98200
  • Number Of Units Total: 12
  • Insurance Expense: 2400
  • Leasable Area: 8875
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 4

Tax Info

  • Year: 2019
  • Tax Annual Amount: 8980

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Price Changed $1,300 +23.8% $2 / Sq Ft
12/18/2022 12/18/22 For Rent $1,050 0.0% --
05/22/2020 05/22/20 Sold $1,750,000 -2.8% $197 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $1,800,000 -- $203 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1578999

Northwest Multiple Listing Service (NWMLS)

APN: S7090-00-03004-0