NOT LISTED FOR SALE

201 N 15th St Elma, WA 98541

Estimated Value: $199,581 - $439,000

4 Beds
2 Baths
1,512 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $85,000 $56 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $2,094/month

4 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • 1-Story Property
  • Thermal Windows
  • Wood Siding

About This Home

As of August 2014

Prime investment opportunity for you. Own a lovely duplex in Elma within walking distance to down town. Nice covered single car carports plus parking for one additional car in driveway. Storage units in carports for both sides. Nice laminate floors and one kitchen has tile. Washer & Dryer hookups too. The duplex next door is also available so purchase both and keep your rentals close to each other. Owner will consider Note and Deed of Trust with substantial down.

Last Listed By

Matthew Plummer

MVP Realty Group License #23345 Listed on: 07/16/2014

MVP Realty Group

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 668716

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1965

Lot Details

  • 7,500 Sq Ft Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Duplex
  • Brick Exterior Construction
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Schools

  • Elma High School

Community Details

  • Elma Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 & 14 E 10' of 15 / 13
  • Assessor Parcel Number 045001301300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1965
  • Buyer Agency Compensation: 4
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1512
  • Special Features: None
  • Cumulative Days on Market: 588

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: PUD
  • SewerCompany: City of Elma
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 1800

Schools

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

Lot Info

  • Parcel Number: 045001301300
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 13 & 14 E 10' of 15

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 13200

Multi Family

  • Gross Scheduled Income: 13200
  • Net Operating Income: 9249
  • Number Of Units Total: 2
  • Insurance Expense: 516
  • Leasable Area: 1512
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2014
  • Tax Annual Amount: 975

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 25, 2014
Sold by
Richardson Anne and Richardson Delaven R
Bought by
Houvener Paul and Houvener Gale
Buyer's Agent
Paul Houvener
AgencyOne
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Total Days on Market
4
Current Estimated Value
$341,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,505
Avg. Annual Appreciation
13.77%
Original Mortgage
$68,000
Outstanding Balance
$24,523
Interest Rate
4.11%
Mortgage Type
Seller Take Back
Estimated Equity
$313,372

Range of Values:

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Average Value
Not Available
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
Houvener Paul $85,000 Grays Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Houvener Paul $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2014 08/27/14 Sold $85,000 -5.5% $56 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $89,900 -- $59 / 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 $2,396 $250,977 $62,988 $187,989
2023 $2,445 $234,944 $62,988 $171,956
2022 $1,952 $175,053 $50,390 $124,663
2021 $1,657 $175,053 $50,390 $124,663
2020 $1,448 $149,371 $38,063 $111,308
2019 $1,149 $127,439 $26,250 $101,189
2018 $1,251 $110,575 $26,250 $84,325
2017 $1,233 $91,115 $26,250 $64,865
2016 $922 $91,115 $26,250 $64,865
2014 -- $75,000 $26,250 $48,750
2013 -- $77,070 $26,250 $50,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 668716

Northwest Multiple Listing Service (NWMLS)

APN: 045001301300