Listed by Kidder Mathews, Bought with KW Mountains to Sound Realty
$320,000
SOLD JUL 31, 2020

202 N Buckner St Centralia, WA 98531

-- Bed
-- Bath
3,413 Sq Ft
0.3 Acres

Recently Sold

$94 Per Sq Ft

15% Below List Price

133 Days on Market

Highlights

  • Deck
  • Wood Siding
  • Wall to Wall Carpet
  • Corner Lot

About This Home

As of July 2020

Buckner St. Apts. is a value-add opportunity 3 blocks from downtown Centralia. All of the units have been consistently full with long-term tenants and all units have below-market rents in need of updating. Further increase income by increasing laundry income, charging utility bill-back, and lot subdividing lot and building an additional single-family home (buyer to verify). Seller Financing Possible 20% Min Down Payment, 6% Interest, 24-months max term.

Last Agent to Sell the Property

Brian Richardson

Kidder Mathews License #78371 Listed on: 03/17/2020

Last Buyer's Agent

Carlie Hendrickson

KW Mountains to Sound Realty License #136345

KW Mountains to Sound Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1579859

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,511

Year Built

  • Built in 1910

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 8 Parking Spaces
  • Open Parking

Additional Features

  • 2-Story Property
  • Deck
  • Cable TV Available

Community Details

  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000879001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,511

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 1,125

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 9582

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 000879001000
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 3790

Multi Family

  • Gross Scheduled Income: 45480
  • Net Operating Income: 22070
  • Number Of Units Total: 7
  • Insurance Expense: 1440
  • Leasable Area: 3108
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2511

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $320,000 -14.7% $94 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $375,000 -- $110 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1579859

Northwest Multiple Listing Service (NWMLS)