Listed by John L. Scott, Inc, Bought with RE/MAX Realty South
NOT LISTED FOR SALE

180 Cedar St Buckley, WA 98321

Estimated Value: $647,231 - $888,000

2 Beds
3 Baths
3,291 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $555,000 $169 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,478/month

141 Days on Market

Highlights

  • Deck
  • Territorial View
  • Wood Siding
  • Elk Ridge Elementary School Rated A-
  • High Speed Internet
  • Wall to Wall Carpet

About This Home

As of April 2021

Amazing investment opportunity! With the many different uses available for this building the possibilities are endless. This mixed-use currently operates as an office on the main lvl & two 1 bdrm (1 bath) apartments on the upper lvl. Lower lvl office spc offers ADA accessibility, internet hardwired to every station, kitchenette, 1/2 bath & a storage rm w/multiple storage closets. Run your business on the main & generate income from the storage spcs & 2 apartments or lease the entire spc. Ample parking;4 spcs in front purchased through city & 2 in back. This is a rare opportunity to purchase such a unique & profitable building in the historical district of Buckley. Fresh exterior paint 10/2020. Close to many businesses, schools & amenities.

Last Agent to Sell the Property

Jon Bye

John L. Scott, Inc License #25593 Listed on: 11/12/2020

John L. Scott, Inc

Last Buyer's Agent

Tina McDonough

RE/MAX Realty South License #76283

RE/MAX Realty South

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1678884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 2001

Lot Details

  • 4,680

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,291 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • 4,680 Sq Ft Lot

Community Details

  • Buckley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2975000782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,200

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 2001
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3291
  • Special Features: None
  • Cumulative Days on Market: 492

Interior Features

  • Possible Use: Business, Multi-Family, Office, Residential
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: PSE
  • SewerCompany: City of Buckley
  • WaterCompany: City of Buckley
  • WaterSewerGarbage: 1596

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: White River

Lot Info

  • Parcel Number: 2975000782
  • Lot Size Acres: 0.1074
  • Lot Size Sq Ft: 4680
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: Title
  • ZoningJurisdiction: City
  • ZoningClass: Business,Multi-Family,Office,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 13
  • LeasedItems: None
  • TotalMonthlyIncome: 4000

Multi Family

  • Gross Scheduled Income: 48000
  • Net Operating Income: 36272
  • Number Of Units Total: 3
  • Electric Expense: 960
  • Insurance Expense: 2592
  • Leasable Area: 3291
  • EnergySource: Electric
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 5200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Apr 17, 2021
Sold by
Tingley Bryce K
Bought by
Wagers Ross E and Wagers Sharlene M
Seller's Agent
Jon Bye
John L. Scott, Inc
Buyer's Agent
Tina McDonough
RE/MAX Realty South
List Price
$650,000
Sold Price
$555,000
Premium/Discount to List
-$95,000
-14.62%
Current Estimated Value
$740,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,808
Avg. Annual Appreciation
6.49%
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
Wagers Ross E $555,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagers Ross E $200,000
Previous Owner Tingley Bryce K $75,000
Previous Owner Tingley Bryce K $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $555,000 -7.5% $169 / Sq Ft
04/02/2021 04/02/21 Pending -- -- --
01/19/2021 01/19/21 Price Changed $599,950 -7.7% $182 / Sq Ft
11/12/2020 11/12/20 For Sale $650,000 -- $198 / 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 $5,304 $630,600 $177,000 $453,600
2024 $5,304 $593,800 $170,500 $423,300
2023 $5,304 $579,900 $165,700 $414,200
2022 $5,274 $563,000 $183,400 $379,600
2021 $4,924 $422,500 $111,800 $310,700
2019 $4,114 $399,200 $92,700 $306,500
2018 $4,395 $358,700 $81,800 $276,900
2017 $3,299 $332,700 $68,700 $264,000
2016 $3,127 $219,000 $47,200 $171,800
2014 $2,968 $196,700 $39,400 $157,300
2013 $2,968 $185,600 $37,700 $147,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1678884

Northwest Multiple Listing Service (NWMLS)

APN: 297500-0782