NOT LISTED FOR SALE

Estimated Value: $202,000 - $467,000

6 Beds
6 Baths
2,938 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $212,500 $72 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,848/month

51 Days on Market

Highlights

  • Territorial View
  • Wood Siding
  • Wall to Wall Carpet
  • Corner Lot

About This Home

As of December 2013

A great opportunity to own a well maintained and low vacancy rental complex. Ownership includes 2 small homes and one large apt building. Large building has 4 units for a total of 6 units. Actual number of bedrooms is 9 total. Located across the street from Quilcene schools and commercial zoning. The low number of rental units in the area, makes this a prime location. Low expenses since it's on it's own well and septic system.Also, there are no common areas to maintain or provide heat & elec to.

Last Agent to Sell the Property

Jim Munn

Munn Bro's Hood Canal Prop Inc License #18490 Listed on: 10/12/2013

Co-Listed By

Bruce Munn

Munn Bro's Hood Canal Prop Inc License #25549

Last Buyer's Agent

Jim Munn

Munn Bro's Hood Canal Prop Inc License #18490 Listed on: 10/12/2013

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 555328

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,204

Year Built

  • Built in 1954

Lot Details

  • Corner Lot
  • Property is in good condition

Parking

  • 3 Parking Spaces

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,938 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Schools

  • Quilcene Highand Ele Elementary And Middle School
  • Quilcene Highand Ele

Utilities

  • Shared Well
  • Well
  • Septic Tank
  • Septic System

Community Details

  • Quilcene Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 5
  • Assessor Parcel Number 937200552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,204

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1954
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2938
  • Special Features: None
  • Cumulative Days on Market: 415

Interior Features

  • Possible Use: Commercial, Residential
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well, Shared Well
  • Heating Yn: Yes
  • Utilities: Septic System, Electric, Individual Well
  • PowerCompany: Jeff Co PUD
  • SewerCompany: Septic
  • WaterCompany: Well
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Quilcene
  • High School: Quilcene HighAnd Ele
  • Middle Or Junior School: Quilcene HighAnd Ele

Lot Info

  • Parcel Number: 937200552
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • ZoningClass: Commercial,Residential
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 2250

Multi Family

  • Gross Scheduled Income: 27000
  • Net Operating Income: 23840
  • Number Of Units Total: 6
  • Insurance Expense: 1956
  • Leasable Area: 2938
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1204

MLS Schools

  • Elementary School: Quilcene HighAnd Ele

Range of Values:

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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
12/31/2013 12/31/13 Sold $212,500 -14.7% $72 / Sq Ft
12/05/2013 12/05/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $249,000 -- $85 / 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
2024 $1,316 $179,319 $76,335 $102,984
2023 $1,316 $169,319 $66,335 $102,984
2022 $1,574 $159,319 $56,335 $102,984
2021 $1,431 $142,091 $43,068 $99,023
2020 $1,206 $119,761 $43,068 $76,693
2019 $1,177 $119,761 $43,068 $76,693
2018 $1,325 $119,761 $43,068 $76,693
2017 $1,223 $119,761 $43,068 $76,693
2016 $1,145 $119,761 $43,068 $76,693
2015 $917 $119,761 $43,068 $76,693
2014 -- $95,580 $33,068 $62,512
2013 -- $95,580 $33,070 $62,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 555328

Northwest Multiple Listing Service (NWMLS)

APN: 937200552