Listed by Renew Property Management, Bought with COMPASS
NOT LISTED FOR SALE

23361 NE State Route 3 Belfair, WA 98528

Estimated Value: $480,000

3 Beds
2 Baths
1,728 Sq Ft
$278/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $200,000 $116 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $2,691/month

92 Days on Market

About This Home

As of June 2021

HUGE PRICE REDUCTION! Multi-use Belfair property on the main strip! Currently being used as a duplex, upper and lower unit. Approx .75 acre lot located across the street from Harrison Urgent Care, Windermere Real Estate and Belfair Motel. Tear down and build your business, keep existing structure and use for business or rental, or make this place home! 2 car garage, large deck space, brand new sewer pump installed 12/20. Don't let this opportunity slip by, this is your chance to own prime mulit-use real estate in Belfair!

Last Agent to Sell the Property

Travis Bohling

Renew Property Management License #109628 Listed on: 02/01/2021

Last Buyer's Agent

Josephine Sanger

COMPASS License #130839

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1723833

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,981

Year Built

  • Built in 1973

Lot Details

  • 0.75 Acre Lot

Home Design

  • Duplex
  • Poured Concrete
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Community Details

  • Belfair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123325000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,981

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1728
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family, See Remarks
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric, Oil

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Mason #403
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 123325000010
  • Lot Size Acres: 0.75
  • Lot Size Sq Ft: 32670
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: realist
  • ZoningJurisdiction: City
  • ZoningClass: Commercial,Multi-Family,See Remarks

Green Features

  • Power Production Type: Electric, Oil

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1981

Multi Family

  • Number Of Units Total: 2
  • EnergySource: Electric,Oil
  • UnitsBelowGrade: true

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 17, 2021
Sold by
Catania Investment Group Llc
Bought by
Joseph Builders Nw Llc
Seller's Agent
Travis Bohling
Renew Property Management
Buyer's Agent
Josephine Sanger
COMPASS
List Price
$329,950
Sold Price
$200,000
Premium/Discount to List
-$129,950
-39.38%
Current Estimated Value
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,000
Original Mortgage
$120,000
Outstanding Balance
$108,645
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 3, 2017
Closed on
Jun 5, 2018
Sold by
Coldiron Ritch A and Coldiron Todd M
Bought by
Hanley Richard
Seller's Agent
Don Holtz
John L. Scott, Inc.
Buyer's Agent
Travis Bohling
Renew Property Management
List Price
$179,000
Sold Price
$140,000
Premium/Discount to List
-$39,000
-21.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.49%

Purchase Details

Closed on
Aug 11, 2014
Sold by
Estate Of Walter Jerome Coldiron
Bought by
Coldiron Ritch A and Coldiron Todd M
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
Joseph Builders Nw Llc $200,000 Aegis Land Title Group
Joseph Builders Nw Llc -- New Title Company Name
Hanley Richard $140,281 Mason County Title Company
Hanley Richard -- Mason County Title Company
Bohling Travis -- Mason County Title Company
Coldiron Ritch A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Builders Nw Llc $120,000
Closed Joseph Builders Nw Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2021 06/18/21 Sold $200,000 0.0% $116 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/01/2021 05/01/21 Off Market $200,000 -- --
03/11/2021 03/11/21 Price Changed $299,950 -9.1% $174 / Sq Ft
02/28/2021 02/28/21 Price Changed $329,950 0.0% $191 / Sq Ft
02/28/2021 02/28/21 For Sale $329,950 -5.7% $191 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $349,950 -12.5% $203 / Sq Ft
02/01/2021 02/01/21 For Sale $399,950 +185.7% $231 / Sq Ft
06/08/2018 06/08/18 Sold $140,000 -6.0% $81 / Sq Ft View Prior Sale
05/19/2018 05/19/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $149,000 -6.3% $86 / Sq Ft
02/13/2018 02/13/18 Price Changed $159,000 -5.9% $92 / Sq Ft
12/10/2017 12/10/17 Price Changed $169,000 -5.6% $98 / Sq Ft
08/03/2017 08/03/17 For Sale $179,000 -- $104 / 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 $2,150 $446,180 $107,465 $338,715
2023 $2,150 $130,405 $119,405 $11,000
2022 $1,214 $130,405 $119,405 $11,000
2021 $1,591 $130,405 $119,405 $11,000
2020 $1,964 $175,695 $175,695 $0
2018 $2,206 $188,245 $188,245 $0
2017 $2,056 $188,245 $188,245 $0
2016 $2,039 $179,280 $179,280 $0
2015 -- $179,280 $179,280 $0
2014 -- $109,200 $109,200 $0
2013 -- $108,000 $108,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1723833

Northwest Multiple Listing Service (NWMLS)

APN: 12332-50-00010