NOT LISTED FOR SALE

1540 Elm St Clarkston, WA 99403

Estimated Value: $511,000 - $574,527

27 Beds
4 Baths
11,000 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 11, 2024

Current estimated payment $3,248/month

10 Days on Market

Highlights

  • RV Access or Parking
  • 6 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1.16 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System

About This Home

As of December 2024

Mixed use property with a 7.6 cap rate and LOTS of room for repositioning. This 1.16 acre parcel hosts 3 residential rentals, 5 shops and 15 storage units. Large house underwent significant updates in 2021/22 including new roof, windows, flooring, paint and many fixtures and finishes. Storage buildings all received new roof/soffit/fascia in 2022 as well. All units are under market rent. Large home has separate entrance to fill unfinished basement and could be made into lower duplex unit. So much potential. Listing agent has interest in property

Last Agent to Sell the Property

Amy Rains

Professional Realty Services Idaho Listed on: 09/30/2024

Professional Realty Services Idaho

Last Buyer's Agent

Sarah Seekins

Refined Realty

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $4,100

Year Built

  • Built in 1958

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 303x165
  • Partially Fenced Property

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 11,000 Sq Ft Home
  • Laminate Flooring
  • Walk-Out Basement
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Car Detached Garage
  • RV Access or Parking

Schools

  • Grantham Elementary School
  • Lincoln Middle School
  • Clarkston High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Separate Meters
  • Septic Tank

Community Details

  • 3 Units

Listing and Financial Details

  • Total Actual Rent $5,200
  • Assessor Parcel Number 50043600400030020

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$4,100

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.16
  • Lot Size: 303x165
  • CapRate: 7.6
  • Ownership: Fee Simple
  • Subdivision Name: 0 Not Applic.
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Mobile Home
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Heating: Electric, Forced Air, Natural Gas, Hot Water
  • Appliances: Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (Some Units)
  • Has Basement: Walk-Out Access
  • Total Bedrooms: 27
  • Flooring: Laminate, Vinyl Sheet
  • Interior Amenities: Bathroom
  • Living Area: 11000

Exterior Features

  • Roof: Composition, Other
  • Fencing: Partial
  • Construction Type: Frame, Other, Wood Siding

Garage/Parking

  • Parking Features: Detached, Other, RV Access/Parking
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air, Some Units, Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Electric: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Water Source: City Service
  • Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
  • Laundry Features: Washer/Dryer Hookups (All Units)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected

Schools

  • Elementary School: Grantham
  • Junior High Dist: Clarkston
  • High School: Clarkston
  • Middle Or Junior School: Lincoln (Clarkston)

Lot Info

  • Lot Features: 1 - 4.99 Acres, R.V. Parking
  • Parcel Number: 50043600400030020
  • Current Use: 2-4 Units, Other
  • Lot Size Sq Ft: 50529.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4100

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 5200
  • Above Grade Finished Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
Dec 6, 2024
Sold by
Rains Rental Llc
Bought by
Denali Development Llc
Seller's Agent
Amy Rains
Professional Realty Services Idaho
Buyer's Agent
Sarah Seekins
Refined Realty
List Price
$589,000
Views
8
Current Estimated Value
$549,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.34%
Original Mortgage
$427,500
Outstanding Balance
$424,092
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$125,040

Purchase Details

Listed on
Jun 11, 2020
Closed on
Oct 16, 2020
Sold by
Rathbun Robert
Bought by
Rains Rental Llc
Seller's Agent
Steve Knight
RE/MAX Rock-n-Roll Realty
Buyer's Agent
Colton Dudley
Kelly Right Real Estate-Idaho
List Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.71%
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2011
Sold by
Rathbun Charles Scott
Bought by
Rathbun Robert

Purchase Details

Closed on
Mar 6, 2009
Sold by
Caron Coralyn J and Rathbun Coralyn J
Bought by
Rathbun Robert and Rathbun Charles Scott
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Denali Development Llc $570,000 Alliance Title
Rains Rental Llc $265,000 Alliance Title Clarkston
Rathbun Robert -- None Available
Rathbun Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denali Development Llc $427,500
Previous Owner Rains Rental Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2024 12/11/24 Sold -- -- --
10/10/2024 10/10/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $589,000 +68.3% $54 / Sq Ft
11/17/2020 11/17/20 Sold -- -- -- View Prior Sale
10/14/2020 10/14/20 Pending -- -- --
10/04/2020 10/04/20 For Sale $350,000 0.0% $32 / Sq Ft
10/04/2020 10/04/20 Price Changed $350,000 -22.2% $32 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/28/2020 09/28/20 For Sale $450,000 0.0% $41 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $450,000 -9.1% $41 / Sq Ft
06/11/2020 06/11/20 For Sale $495,000 -- $45 / Sq Ft
Source: Intermountain MLS

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 $4,045 $387,900 $71,400 $316,500
2023 $4,045 $387,900 $71,400 $316,500
2022 $4,271 $387,900 $71,400 $316,500
2021 $3,739 $387,900 $71,400 $316,500
2020 $3,470 $329,900 $72,100 $257,800
2019 $3,263 $329,900 $72,100 $257,800
2018 $4,013 $329,900 $72,100 $257,800
2017 $3,672 $329,900 $72,100 $257,800
2016 $3,672 $270,700 $60,000 $210,700
2015 $303 $262,600 $60,000 $202,600
2013 $3,051 $256,700 $60,000 $196,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Intermountain MLS

MLS Number: 98925311

Intermountain MLS

APN: 1-004-36-004-0003-0000