Listed by Windermere RE/Aberdeen, Bought with RE2K.com
NOT LISTED FOR SALE

217 S Monroe St Aberdeen, WA 98520

Estimated Value: $375,000 - $448,309

-- Bed
-- Bath
3,456 Sq Ft
$120/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $364,000 $105 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,428/month

11 Days on Market

Highlights

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

About This Home

As of June 2021

Looking to expand your portfolio with multiple tenants? Check out this very Profitable 6 plex (3 separate duplexes on one parcel. 1-two bedroom unit: 5-one bedroom units. 4 of the units have attached carports. % Cap Rate. This is a great investment. There have been upgrades over the years: newer roof, electrical, plumbing, and insulation. Flooring consists of tile, laminate hardwood and carpeting. Hard wired smoke alarms. Thermal windows and electric wall heaters. Coin-op WA/DR. 98% Occupancy. Storage unit on site and Long term tenants. Plenty of extra curb side parking.

Last Agent to Sell the Property

Joy Beard

Windermere RE/Aberdeen License #46660 Listed on: 05/01/2021

Windermere RE/Aberdeen

Last Buyer's Agent

Melanie Roach

RE2K.com License #134591

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1766861

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1927

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 49x130x48x131
  • Property is in average condition

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,456 Sq Ft Home
  • 1-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Schools

  • Miller Jnr High Middle School
  • J M Weatherwax High School

Community Details

  • Waxs & Benns Condos
  • Aberdeen Subdivision

Listing and Financial Details

  • Legal Lot and Block 12 / 72
  • Assessor Parcel Number 029407201200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,176

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1927
  • Buyer Agency Compensation: 2,5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: WAXS & BENNS
  • New Construction: No
  • CalculatedSquareFootage: 3456
  • Special Features: None
  • Cumulative Days on Market: 355

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Storage,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Block
  • Property Condition: Average
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: City of Aberdeen
  • WaterCompany: City of Aberdeen
  • WaterSewerGarbage: 7640

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Aberdeen
  • High School: J M Weatherwax High
  • Middle Or Junior School: Miller Jnr High

Lot Info

  • Parcel Number: 029407201200
  • Lot Size Acres: 0.1492
  • Lot Size: 49x130x48x131
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family
  • LotNumber: 12

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 8
  • LeasedItems: None
  • TotalMonthlyIncome: 3620

Multi Family

  • Gross Scheduled Income: 43440
  • Net Operating Income: 23554
  • Number Of Units Total: 6
  • Insurance Expense: 5451
  • Leasable Area: 3456
  • EnergySource: Electric
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2176

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
May 25, 2021
Sold by
Smith Jack L and Smith Kay
Bought by
Centrolene Investments Llc
Seller's Agent
Joy Beard
Windermere RE/Aberdeen
Buyer's Agent
Melanie Roach
RE2K.com
List Price
$369,000
Sold Price
$364,000
Premium/Discount to List
-$5,000
-1.36%
Current Estimated Value
$414,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,994
Avg. Annual Appreciation
2.54%
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 Buyer Sale Price Title Company
Centrolene Investments Llc $364,000 Grays Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Jack L $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $364,000 -1.4% $105 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $369,000 0.0% $107 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $369,000 -- $107 / 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 $2,005 $209,245 $35,100 $174,145
2023 $1,770 $209,245 $35,100 $174,145
2022 $1,976 $169,524 $29,250 $140,274
2021 $2,176 $169,524 $29,250 $140,274
2020 $2,195 $169,524 $29,250 $140,274
2019 $1,984 $169,524 $29,250 $140,274
2018 $2,274 $161,250 $29,250 $132,000
2017 $2,282 $143,250 $29,250 $114,000
2016 $2,314 $149,250 $29,250 $120,000
2014 -- $160,090 $29,250 $130,840
2013 -- $163,340 $32,500 $130,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1766861

Northwest Multiple Listing Service (NWMLS)

APN: 029407201200