NOT LISTED FOR SALE

201 N 17th St Elma, WA 98541

Estimated Value: $357,000 - $426,000

4 Beds
4 Baths
1,880 Sq Ft
$206/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $380,000 $202 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,514/month

28 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Wall to Wall Carpet

About This Home

As of June 2022

Price Reduced! Fantastic investment opportunity in an excellent location. Both units equipped with forced air furnace and hardwood floors. Unit 201 has a converted garage to bedroom which makes it a 3 bed 1.5 bath. Unit 203 is 2 bed 1.5 bath and features an attached single car garage. Long Term Tenants have very low rent skewing the numbers but this well maintained duplex would be a great addition to your portfolio.

Last Listed By

Jordan Fernald

Keller Williams South Sound License #139991 Listed on: 04/29/2022

Keller Williams South Sound

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1922676

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,181

Year Built

  • Built in 1979

Lot Details

  • 6,250 Sq Ft Lot
  • Property is in good condition

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,880 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 3 Parking Spaces
  • 1 Covered Space
  • Open Parking

Schools

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

Community Details

  • No Home Owners Association
  • Elma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 045001101300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,181

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1979
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1880
  • Special Features: None
  • Cumulative Days on Market: 272

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: City Of Elma
  • WaterCompany: City Of Elma
  • WaterSewerGarbage: 0

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: 045001101300
  • Lot Size Acres: 0.1435
  • Lot Size Sq Ft: 6250
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • ZoningClass: Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1600

Tax Info

  • Year: 2022
  • Tax Annual Amount: 2181

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 187
  • Insurance Expense: 66
  • Leasable Area: 1880
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 3

MLS Schools

  • Elementary School: Elma Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 14, 2022
Sold by
Unknown
Bought by
Kniestedt Erick and Kniestedt Kelsey
Seller's Agent
Jordan Fernald
Keller Williams South Sound
Buyer's Agent
Peter Henry
Networks Real Estate LLC
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Total Days on Market
28
Current Estimated Value
$407,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,744
Avg. Annual Appreciation
0.61%

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
Kniestedt Erick -- Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kniestedt Erick $266,000
Previous Owner Tobey Christine G $72,500
Previous Owner Tobey Christine G $88,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $380,000 -5.0% $202 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $400,000 -11.1% $213 / Sq Ft
04/29/2022 04/29/22 For Sale $450,000 -- $239 / 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 $3,038 $318,214 $55,860 $262,354
2023 $2,937 $265,030 $55,860 $209,170
2022 $2,181 $195,591 $44,688 $150,903
2021 $2,265 $195,591 $44,688 $150,903
2020 $2,029 $204,168 $31,719 $172,449
2019 $1,584 $178,647 $21,875 $156,772
2018 $1,680 $152,519 $21,875 $130,644
2017 $1,656 $122,370 $21,875 $100,495
2016 $1,571 $122,370 $21,875 $100,495
2014 -- $127,895 $21,875 $106,020
2013 -- $126,065 $21,875 $104,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1922676

Northwest Multiple Listing Service (NWMLS)

APN: 045001101300