Listed by eXp Realty, Bought with Tag Team Realty
NOT LISTED FOR SALE

2054 SW Salsbury Ave Chehalis, WA 98532

Estimated Value: $509,702 - $610,000

6 Beds
2 Baths
2,838 Sq Ft
$197/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $382,900 $135 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,240/month

3 Days on Market

Highlights

  • Patio
  • Partially Fenced Property
  • Wall to Wall Carpet
  • High Speed Internet
  • Wood Siding
  • 1-Story Property

About This Home

As of January 2021

Investor alert! Well maintained, by hands on owners since new, duplex with excellent location near Chehalis schools. Currently rented well below market value, both units have the same floor plan and offer huge master bedrooms with bath plus two more bedrooms and a second bath. Each side has its own garage and fully fenced back yard. Duplex is situated down a driveway off the main road for extra privacy. Don't miss this opportunity for a great investment property!

Last Agent to Sell the Property

Lari Gillaspie

eXp Realty License #139110 Listed on: 12/10/2020

eXp Realty

Last Buyer's Agent

KaTrina Haupert

Tag Team Realty License #120860

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1695477

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 2007

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 2,838 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Chehalis Subdivision

Listing and Financial Details

  • Assessor Parcel Number 005604183420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,287

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 2007
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2838
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: Variable SOC - See Agent Remarks
  • Special Features: None

Interior Features

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

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Lewis County PUD
  • SewerCompany: City of Chehalis
  • WaterCompany: City of Chehalis
  • WaterSewerGarbage: 3000

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Chehalis

Lot Info

  • Parcel Number: 005604183420
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 2120

Multi Family

  • Gross Scheduled Income: 25440
  • Net Operating Income: 18428
  • Number Of Units Total: 6
  • Insurance Expense: 725
  • Leasable Area: 2838
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 13, 2021
Sold by
Culp Randal V and Culp Patricia M
Bought by
Jones Stacey P and Jones Taresa
Seller's Agent
Lari Gillaspie
eXp Realty
Buyer's Agent
KaTrina Haupert
Tag Team Realty
List Price
$379,900
Sold Price
$382,900
Premium/Discount to List
$3,000
0.79%
Current Estimated Value
$559,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,951
Avg. Annual Appreciation
7.64%
Original Mortgage
$382,900
Outstanding Balance
$342,521
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$197,442

Purchase Details

Closed on
May 16, 2007
Sold by
Kingfisher Homes Llc
Bought by
Culp Randal and Culp Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
6.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2007
Sold by
Herr Susan M
Bought by
Kingfisher Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.23%
Mortgage Type
Construction
Source: Public Records

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
Jones Stacey P $382,900 Wfg Lender Svcs
Culp Randal -- Lewis County Title
Kingfisher Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Stacey P $103,000
Open Jones Stacey P $382,900
Previous Owner Culp Randal V $252,450
Previous Owner Culp Randal $248,000
Previous Owner Kingfisher Homes Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $382,900 +0.8% $135 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $379,900 -- $134 / 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 $3,084 $476,300 $127,800 $348,500
2024 $3,084 $410,800 $127,800 $283,000
2023 $4,118 $491,600 $75,700 $415,900
2022 $3,638 $380,400 $60,300 $320,100
2021 $3,303 $380,400 $60,300 $320,100
2020 $3,287 $316,700 $57,600 $259,100
2019 $2,658 $295,500 $57,600 $237,900
2018 $2,969 $262,000 $48,000 $214,000
2017 $2,725 $262,000 $48,000 $214,000
2016 $2,641 $233,400 $49,200 $184,200
2015 -- $226,200 $42,000 $184,200
2013 -- $225,000 $42,000 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1695477

Northwest Multiple Listing Service (NWMLS)

APN: 005604-183-420