NOT LISTED FOR SALE

1318 W Martin St Elma, WA 98541

Estimated Value: $143,866 - $330,000

3 Beds
2 Baths
1,024 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 16, 2017

Last sale price $78,000 $76 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,582/month

4 Days on Market

Highlights

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

About This Home

As of February 2017

Duplex ~ Great investment opportunity. Would be great to live in one and rent out the other. Front unit is 2 bedroom 1 bath, the back unit is a 1 bedroom 1 bathroom. HUGE lot with HUGE potential. These apartments are rarely vacant.

Last Listed By

Kristi Norberg

First Harbor Real Estate, Inc. License #116562 Listed on: 12/13/2016

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1062099

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 1958

Lot Details

  • 7,875 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Elma Elementary School
  • Elma Mid Middle School

Community Details

  • Leybold & Aschebergs Condos
  • Elma Subdivision

Listing and Financial Details

  • Legal Lot and Block W 13' of lot 16 & lot 17 & 18 / 5
  • Assessor Parcel Number 045000501700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,022

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Accessibility Features: Other
  • Year Built: 1958
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Leybold & Aschebergs
  • New Construction: No
  • CalculatedSquareFootage: 1024
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Must attend all showings + insp. 2 earn
  • Special Features: None
  • Cumulative Days on Market: 510

Interior Features

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

Exterior Features

  • Roof: Metal
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • 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: Grays Harbor PUD
  • SewerCompany: City of Elma
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 1557

Schools

  • Junior High Dist: Elma
  • High School: Buyer To Verify
  • Middle Or Junior School: Elma Mid

Lot Info

  • Parcel Number: 045000501700
  • Lot Size Acres: 0.1808
  • Lot Size Sq Ft: 7875
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Disabled Access
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: W 13' of lot 16 & lot 17 & 18

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 12000
  • Number Of Units Total: 6
  • Insurance Expense: 695
  • Leasable Area: 1024
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2016
  • Tax Annual Amount: 1022

MLS Schools

  • Elementary School: Elma Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2016
Closed on
Feb 10, 2017
Sold by
Kinser Martin R and Kinser Janeth E
Bought by
Mcfadden Sean P and Mcfadden Allison T
Seller's Agent
Kristi Norberg
First Harbor Real Estate, Inc.
Buyer's Agent
Nancy Green
Kelly Right RE of Seattle LLC
List Price
$89,900
Sold Price
$78,000
Premium/Discount to List
-$11,900
-13.24%
Total Days on Market
4
Current Estimated Value
$261,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,467
Avg. Annual Appreciation
15.83%
Original Mortgage
$58,500
Outstanding Balance
$48,869
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$212,598

Purchase Details

Closed on
Apr 21, 2005
Sold by
Steadman Kenneth J and Steadman Debbie M
Bought by
Kinser Martin R and Kinser Janeth E

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
Mcfadden Sean P $78,000 Pacific Title
Kinser Martin R $91,673 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Sean P $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $78,000 -13.2% $76 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
12/26/2016 12/26/16 For Sale $89,900 -- $88 / 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 $1,587 $166,229 $63,306 $102,923
2023 $1,619 $157,928 $63,306 $94,622
2022 $1,347 $120,787 $50,645 $70,142
2021 $1,248 $120,787 $50,645 $70,142
2020 $1,063 $112,543 $39,965 $72,578
2019 $858 $93,542 $27,562 $65,980
2018 $1,012 $82,546 $27,562 $54,984
2017 $998 $73,702 $27,562 $46,140
2016 $808 $73,702 $27,562 $46,140
2014 -- $65,788 $27,563 $38,225
2013 -- $67,607 $27,562 $40,045
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1062099

Northwest Multiple Listing Service (NWMLS)

APN: 045000501700