Seller's Agent in 2024
Michael Durham
Keller Williams Realty Bellevue
(425) 508-0934
1 in this area
44 Total Sales
Listed by Keller Williams Rlty Bellevue, Bought with Kelly Right RE of Seattle LLC
2425 Bay Ave Hoquiam, WA 98550
Ontario Neighborhood
24
Beds
12
Baths
10,800
Sq Ft
0.29
Acres Lot
Highlights
- 0.29 Acre Lot
- Territorial View
- No HOA
- Deck
- Corner Lot
- Baseboard Heating
About This Home
As of December 2024This property comprises 12 two-bedroom, one-bath units, split between an 8-unit building and a 4-unit building on two tax parcels. Current rents are below market value, providing excellent potential for increased income with some like units already collecting $1275. The pro forma cap rate is estimated to exceed 10%!! with just some minor upgrades. It is conveniently located near public transit and shopping centers, enhancing tenant appeal. Additionally, its proximity to ocean beaches and Grays Harbor College adds to its attractiveness for potential renters. This is a prime opportunity for all investors to add to their portfolio.
Last Agent to Sell the Property
Keller Williams Rlty Bellevue License #130677 Listed on: 09/24/2024
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2294255
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,290
Year Built
- Built in 1978
Lot Details
- 12,632 Sq Ft Lot
- Lot Dimensions are 100x126x100x126
- Corner Lot
Parking
- Open Parking
Home Design
- Poured Concrete
- Composition Roof
- Wood Siding
Interior Spaces
- 10,800 Sq Ft Home
- 2-Story Property
- Territorial Views
Flooring
- Wall to Wall Carpet
- Vinyl
Bedrooms and Bathrooms
- 24 Bedrooms
- 12 Bathrooms
Outdoor Features
- Deck
Schools
- Hoquiam Mid Middle School
- Hoquiam High School
Utilities
- Baseboard Heating
- Cable TV Available
Community Details
- No Home Owners Association
- Ontario Condos
- Hoquiam Subdivision
Listing and Financial Details
- Legal Lot and Block 16 & 17 / 55
- Assessor Parcel Number 055205501600
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $1,000,000 | -16.6% | $93 / Sq Ft | |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- | |
| 09/24/2024 09/24/24 | For Sale | $1,199,000 | +139.8% | $111 / Sq Ft | |
| 07/30/2019 07/30/19 | Sold | $500,000 | +11.1% | $55 / Sq Ft | View Prior Sale |
| 06/13/2019 06/13/19 | Pending | -- | -- | -- | |
| 06/04/2019 06/04/19 | For Sale | $450,000 | -- | $50 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
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 | $4,684 | $497,150 | $53,550 | $443,600 |
| 2023 | $4,271 | $341,358 | $53,550 | $287,808 |
| 2022 | $4,407 | $346,801 | $25,200 | $321,601 |
| 2021 | $4,692 | $346,801 | $25,200 | $321,601 |
| 2020 | $3,945 | $346,801 | $25,200 | $321,601 |
| 2019 | $3,319 | $282,481 | $25,200 | $257,281 |
| 2018 | $3,958 | $249,025 | $25,200 | $223,825 |
| 2017 | $3,950 | $249,025 | $25,200 | $223,825 |
| 2016 | $4,067 | $260,805 | $25,200 | $235,605 |
| 2014 | -- | $270,200 | $25,200 | $245,000 |
| 2013 | -- | $270,200 | $25,200 | $245,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Durham
-
Avi Sandhu
Buyer's Agent in 2024
Avi Sandhu
Kelly Right RE of Seattle LLC
(425) 454-0470
1 in this area
29 Total Sales
-
Olesya Tsvyan
Buyer Co-Listing Agent in 2024
Olesya Tsvyan
Pellego, Inc.
(206) 876-0547
1 in this area
17 Total Sales
-
Mary Carr
M
Seller's Agent in 2019
Mary Carr
First Harbor Real Estate, Inc.
(360) 580-4367
51 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2294255
APN: 055205501600
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
Nearby Homes
- 2410 Pacific Ave
- 414 Ontario St
- 2214 Pacific Ave
- 2515 Sumner Ave
- 2714 Aberdeen Ave
- 2719 Pacific Ave
- 2312 Cherry St
- 2701 Simpson Ave
- 2826 Pacific Ave
- 2824 Aberdeen Ave
- 2835 Pacific Ave
- 2711 Queets Ave
- 508 30th St
- 211 30th St
- 3025 Simpson Ave
- 3101 Sumner Ave
- 213 Broadway Ave
- 410 6th St
- 711 N St
- 1114 Wheeler Ave
- 2435 Bay Ave
- 2423 Bay Ave
- 2430 Pacific Ave
- 2419 Bay Ave
- 2424 Pacific Ave
- 606 25th St
- 2428 Pacific Ave
- 2503 Bay Ave
- 2420 Pacific Ave
- 2416 Pacific Ave
- 2502 Pacific Ave
- 2412 Pacific Ave
- 2409 Bay Ave
- 2506 Pacific Ave
- 2511 Bay Ave
- 2515 Bay Ave
- 2510 Pacific Ave
- 611 24th St
- 2429 Pacific Ave
- 2427 Pacific Ave
Your Personal Tour Guide
Ask me questions while you tour the home.