Listed by Coldwell Banker Bain, Bought with Knipe Realty ERA Powered
$299,000
SOLD APR 23, 2025

306 Alder St Kelso, WA 98626

6 Beds
5 Baths
2,383 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

9% Below List Price

1 Day on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of April 2025

Very Unique property with ton of upside. This Victorian home has four one bedroom and one bath units situated in the heart of Kelso. Close to schools and shopping. This also include address 306.5 which is a 528 sq ft home which features 1 bedrooms and one bath. All of this is on one tax parcel. Properties are currently rented, so please no viewings until offer is accepted.

Last Agent to Sell the Property

Mark Scroggins

Coldwell Banker Bain License #34661 Listed on: 03/27/2025

Coldwell Banker Bain

Last Buyer's Agent

Eran Upfeld

Knipe Realty ERA Powered License #104233

Knipe Realty ERA Powered

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2343814

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 1909

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Schools

  • Wallace Elementary School
  • Coweeman Jnr High Middle School
  • Kelso High School

Additional Features

  • 6,098 Sq Ft Lot
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • South Kelso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,113

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1909
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2383
  • Special Features: None
  • Cumulative Days on Market: 79

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Foundation Details: Pillar/Post/Pier, Poured Concrete
  • Property Condition: Fair
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • PowerCompany: Cowlitz PUD
  • SewerCompany: City of Kelso
  • WaterCompany: city of Kelso
  • WaterSewerGarbage: 5200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Kelso
  • High School: Kelso High
  • Middle Or Junior School: Coweeman Jnr High

Lot Info

  • Parcel Number: 22738
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6098
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: public record
  • MLSSquareFootageSource: public record
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.7
  • LeasedItems: None
  • TotalMonthlyIncome: 3550

Multi Family

  • Gross Scheduled Income: 42600
  • Net Operating Income: 27575
  • Number Of Units Total: 5
  • Insurance Expense: 2400
  • Leasable Area: 2911
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5113

MLS Schools

  • Elementary School: Wallace Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Apr 23, 2025
Sold by
Wood Kenneth A
Bought by
Ismo Properties
Seller's Agent
Mark Scroggins
Coldwell Banker Bain
Buyer's Agent
Eran Upfeld
Knipe Realty ERA Powered
List Price
$329,000
Sold Price
$299,000
Premium/Discount to List
-$30,000
-9.12%
Views
3
Current Estimated Value
$408,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,846
Avg. Annual Appreciation
219.46%

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 20, 2017
Sold by
Wood Agnes J
Bought by
Wood Kenneth A
Seller's Agent
Hartwell Saunders
Coldwell Banker Bain
Buyer's Agent
Mark Scroggins
Coldwell Banker Bain
List Price
$240,000
Sold Price
$204,900
Premium/Discount to List
-$35,100
-14.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$79,900
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 28, 2016
Closed on
Jan 19, 2017
Sold by
Nord John E
Bought by
Wood Kenneth A
Seller's Agent
Hartwell Saunders
Coldwell Banker Bain
Buyer's Agent
Mark Scroggins
Coldwell Banker Bain
List Price
$240,000
Sold Price
$204,900
Premium/Discount to List
-$35,100
-14.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $299,000 Fidelity National Title
Interfamily Deed Transfer -- Stewart Title Cowlitz County
Bargain Sale Deed $204,900 Stewart Title Cowlitz County
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 Sold $299,000 -9.1% $125 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $329,000 +60.6% $138 / Sq Ft
01/20/2017 01/20/17 Sold $204,900 -14.6% $70 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
12/01/2016 12/01/16 For Sale $240,000 0.0% $82 / Sq Ft
11/19/2016 11/19/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $240,000 -- $82 / 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 $5,178 $421,670 $32,630 $389,040
2023 $5,114 $424,000 $30,780 $393,220
2022 $6,476 $419,890 $28,500 $391,390
2021 $6,325 $493,490 $25,580 $467,910
2020 $5,061 $442,850 $21,310 $421,540
2019 $3,796 $355,871 $21,313 $334,558
2018 $3,693 $260,280 $21,310 $238,970
2017 $3,125 $233,820 $19,380 $214,440
2016 $2,264 $198,320 $19,380 $178,940
2015 $2,303 $143,160 $19,440 $123,720
2013 -- $143,160 $19,440 $123,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2343814

Northwest Multiple Listing Service (NWMLS)

APN: 2-2738