Listed by Group 7 Inc., Real Estate Serv, Bought with BHGRE - Northwest Home Team
NOT LISTED FOR SALE

1524 W Main St Elma, WA 98541

Estimated Value: $364,000 - $398,000

0.14 Acre
$2,690,418 Price per Acre
6,250 Sq Ft Lot

Last Sold May 03, 2022

Last sale price $79,900

Est. 383% increase in value since last sale

Current estimated payment $2,308/month

Highlights

  • Territorial View
  • Corner Lot
  • No HOA

About This Lot

As of May 2022

Real nice city building lot for sale! Sought after property; rarely is there a city lot available for sale in Elma. Corner lot. Level and cleared. Nice territorial view to the south. Perfect for spec builder or your new single family home; house plans available. No impact fees or street frontage improvement requirements. Zoned GR (General Residential); allows a 2nd dwelling unit. Power at front of the property. City water line and meter box installed at front of property. Sewer lateral installed at back of property. Natural gas in alley. Easy freeway access. Wonderful small community. Close to parks and schools. Short drive to Olympia and easy drive to ocean beaches. Adjacent lot is also for sale.

Last Agent to Sell the Property

Ed Warnock

Group 7 Inc., Real Estate Serv License #27823 Listed on: 04/14/2022

Last Buyer's Agent

Terry Wentworth

BHGRE - Northwest Home Team License #88337

BHGRE - Northwest Home Team

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1916616

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $498

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Corner Lot
  • Level Lot
  • Zoning described as GR

Property Views

  • Territorial Views

Schools

  • Elma Elementary School
  • Elma Mid Middle School
  • Elma High School

Community Details

  • No Home Owners Association
  • Leybold & Achbergs Condos
  • Elma Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 and 24 / 18
  • Assessor Parcel Number 045001802300

Property Details

Property Type

Land

Est. Annual Taxes

$498

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Leybold & Achbergs
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • Restrictions: No Restrictions
  • Improvements: Cable TV Available
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • View: Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Paved
  • RoadOnWhichSide: South
  • WaterJurisdiction: City of Elma

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: On Property
  • Water Source: On Property
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Electricity Connected
  • ElectricityStatus: Available
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 045001802300
  • Topography: Level
  • Lot Size Acres: 0.1435
  • Lot Size: 50 X 125
  • Lot Size Sq Ft: 6250
  • Zoning Description: GR
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: 23 and 24
  • PublicLandSurvey: 34/18N/03W

Rental Info

  • Furnished: Unfurnished
  • ShortTermRentalYN: false

Tax Info

  • Year: 2022
  • Tax Annual Amount: 498

MLS Schools

  • Elementary School: Elma Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
White Gary
Bought by
Ray Michael D and Ray Briar J
Current Estimated Value
$386,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,525
Outstanding Balance
$351,266
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$34,809
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
Ray Michael D $350,000 Grays Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Michael D $357,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $79,900 0.0% --
04/25/2022 04/25/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $79,900 -- --
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 $3,130 $327,862 $55,860 $272,002
2023 $3,194 $55,860 $55,860 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1916616

Northwest Multiple Listing Service (NWMLS)

APN: 045001802300