Listed by RE/MAX Advantage, Bought with City Realty, Inc.
$215,000
SOLD MAR 20, 2015

201 Edwards St SW Unit 203 Yelm, WA 98597

-- Bed
-- Bath
2,160 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$100 Per Sq Ft

6% Below List Price

63 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • 1-Story Property
  • Wood Flooring
  • Wood Siding
  • 2-minute walk to Yelm Skate Park

About This Home

As of September 2018

Live in one and rent the other. 2nd unit pays your mortgage! Easy to rent and well maintained. 203 fully updated in 2009 with new windows, flooring and appliances. Completely rebuilt kitchen and bath. 3 bed 1 bath each unit. Fully fenced yards. Great income and location. Close in to all amenities. New roof and gutters 2014.

Last Agent to Sell the Property

Cecilia Felix

RE/MAX Advantage License #92062 Listed on: 12/10/2014

RE/MAX Advantage

Last Buyer's Agent

Candice Rambo

City Realty, Inc. License #115389

City Realty, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 722774

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • Property is Fully Fenced
  • Property is in good condition

Home Design

  • Duplex
  • Concrete Foundation
  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking
  • RV Access or Parking

Schools

  • Southworth Elementary School
  • Yelm Mid Middle School
  • Yelm High12 School

Utilities

  • Cable TV Available

Community Details

  • Solbergs 1 Add Yelm Condos
  • Yelm Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 8
  • Assessor Parcel Number 75300800800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,290

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1962
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: solbergs 1 Add Yelm
  • New Construction: No
  • CalculatedSquareFootage: 2160
  • Special Features: None
  • Cumulative Days on Market: 346

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Hardwood, Laminate Hardwood
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Stucco, Wood
  • Foundation Details: Concrete Ribbon, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: PartiallyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Puget Sound Energy
  • SewerCompany: City of Yelm
  • WaterCompany: City of Yelm
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Yelm
  • High School: Yelm High12
  • Middle Or Junior School: Yelm Mid

Lot Info

  • Parcel Number: 75300800800
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Fully,Gas Available,RV Parking
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 7

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1700

Multi Family

  • Gross Scheduled Income: 20400
  • Net Operating Income: 16890
  • Number Of Units Total: 2
  • Insurance Expense: 1200
  • Leasable Area: 2160
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1290

MLS Schools

  • Elementary School: Southworth Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2018
Closed on
Sep 4, 2018
Sold by
Rambo Seth M and Rambo Candice L
Bought by
Moser Tiffany
Seller's Agent
Candice Rambo
City Realty, Inc.
Buyer's Agent
Candice Rambo
City Realty, Inc.
List Price
$279,999
Sold Price
$279,999
Total Days on Market
63
Current Estimated Value
$521,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,950
Avg. Annual Appreciation
9.29%
Original Mortgage
$274,927
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 10, 2014
Closed on
Mar 18, 2015
Sold by
Mikler Properties Llc
Bought by
Rambo Seth M and Rambo Candice L
Seller's Agent
Cecilia Felix
RE/MAX Advantage
Buyer's Agent
Candice Rambo
City Realty, Inc.
List Price
$229,500
Sold Price
$215,000
Premium/Discount to List
-$14,500
-6.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$161,250
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Mikler Rex M and Mikler Cecilia M
Bought by
Mikler Properties Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Walker Pamela Diane
Bought by
Mikler Rex M and Mikler Cecilia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2006
Sold by
Handley Theresa
Bought by
Walker Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2001
Sold by
Walker Theresa B
Bought by
Walker Randall R
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 Type Sale Price Title Company
Warranty Deed $279,719 Thurston Coutnyt Title Co
Warranty Deed $214,673 Thurston County Title
Quit Claim Deed -- None Available
Warranty Deed $135,894 Thurston County Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Credit Line Revolving
Open $262,696 FHA
Closed $274,673 FHA
Closed $274,927 FHA
Previous Owner $14,300 Credit Line Revolving
Previous Owner $161,250 New Conventional
Previous Owner $151,400 Unknown
Previous Owner $126,400 Unknown
Previous Owner $97,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $279,999 0.0% $136 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $279,999 +30.2% $136 / Sq Ft
03/20/2015 03/20/15 Sold $215,000 -6.3% $100 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $229,500 -- $106 / 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
2024 $3,144 $438,600 $194,000 $244,600
2023 $3,144 $322,400 $140,600 $181,800
2022 $2,956 $345,900 $146,200 $199,700
2021 $3,156 $268,800 $91,000 $177,800
2020 $2,860 $249,500 $73,200 $176,300
2019 $2,021 $220,900 $74,900 $146,000
2018 $2,738 $201,900 $82,900 $119,000
2017 $2,086 $161,500 $33,800 $127,700
2016 $1,306 $116,400 $45,100 $71,300
2014 -- $95,300 $45,100 $50,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 722774

Northwest Multiple Listing Service (NWMLS)

APN: 75300800800