Listed by Better Properties Real Estate, Bought with Richmond Realty of Washington
NOT LISTED FOR SALE

308 Main St Steilacoom, WA 98388

Estimated Value: $755,707 - $849,000

4 Beds
3 Baths
2,152 Sq Ft
$370/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $787,350 $366 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,609/month

114 Days on Market

Highlights

  • Views of a Sound
  • Deck
  • Corner Lot
  • Steilacoom High School Rated A-
  • Wood Flooring
  • 3-minute walk to Steilacoom Waterfront Lookout Point

About This Home

As of December 2023

Steilacoom duplex!! Built in 1890 as a single family residence, it is now a duplex and on the Steilacoom Historical Registry. Great investment!! The upper unit is 3 bedroom, 2 bath and the lower unit is 1 bedroom, 1 bath. All 3 tubs are jetted and there are heated bathroom floors. Incredible views of Puget Sound, surrounding islands and the Olympic mountains. Absolutely breath-taking! Fabulous lot in a great location in the center of Steilacoom. The current owners have updated both units over the last few years and they are beautiful! A lot of charm and the workmanship is excellent! Enjoy the sunsets from 1 of 2 balconies. There are 2 patios as well. Walk to restaurants, the beach and more! Both tenants are on 2 year leases.

Last Agent to Sell the Property

Mark Hulen

Better Properties Real Estate License #50093 Listed on: 07/12/2023

Better Properties Real Estate

Co-Listed By

Robert Orlando

Better Properties Real Estate License #7461

Last Buyer's Agent

Alex Whitney

Richmond Realty of Washington License #27312

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2128590

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1890

Lot Details

  • 7,240 Sq Ft Lot
  • Corner Lot
  • Property is in very good condition

Property Views

  • Views of a Sound
  • Bay
  • Mountain

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,152 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wood
  • Laminate
  • Vinyl Plank
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Steilacoom Subdivision

Listing and Financial Details

  • Assessor Parcel Number 230500-168-0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1890
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2152
  • Special Features: None
  • Cumulative Days on Market: 480

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Vinyl Plank
  • Interior Amenities: Hardwood, Laminate Hardwood
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Bay, Mountain(s), Sound
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 545

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Steilacoom Historica
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 230500-168-0
  • Lot Size Acres: 0.1662
  • Lot Size Sq Ft: 7240
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Outbuildings
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3900

Multi Family

  • Gross Scheduled Income: 46800
  • Net Operating Income: 37136
  • Number Of Units Total: 2
  • Electric Expense: 4349
  • Insurance Expense: 900
  • Leasable Area: 2152
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3870

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Nov 27, 2023
Sold by
Gish John H and Gish Beverly C
Bought by
Hampton David R and Hampton Hylan
Seller's Agent
Mark Hulen
Better Properties Real Estate
Buyer's Agent
Alex Whitney
Richmond Realty of Washington
List Price
$799,000
Sold Price
$787,350
Premium/Discount to List
-$11,650
-1.46%
Views
112
Current Estimated Value
$796,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,827
Avg. Annual Appreciation
-1.22%
Original Mortgage
$505,971
Outstanding Balance
$498,608
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$271,888

Purchase Details

Listed on
May 13, 2016
Closed on
Aug 10, 2016
Sold by
Ogilvie Rhonda and Ogilvie Eric
Bought by
Gish John H and Gish Beverly C
Seller's Agent
Katherine Zmijewski
Better Properties Real Estate
Buyer's Agent
Robert Orlando
Better Properties Real Estate
List Price
$239,999
Sold Price
$233,500
Premium/Discount to List
-$6,499
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.45%
Original Mortgage
$186,800
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2005
Sold by
Frederick Lance A
Bought by
Egbuka Rhonda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 2003
Sold by
Frederick Dorothy H
Bought by
The Dorothy H Frederick Living Trust
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
Hampton David R $787,350 Fidelity National Title
Gish John H $233,219 Old Republic Title Ltd
Egbuka Rhonda D $265,000 Ticor
The Dorothy H Frederick Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hampton David R $52,600
Open Hampton David R $505,971
Previous Owner Gish John H $368,000
Previous Owner Gish John H $250,000
Previous Owner Gish John H $186,800
Previous Owner Egbuka Rhonda D $53,000
Previous Owner Egbuka Rhonda D $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $787,350 -1.5% $366 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $799,000 +242.2% $371 / Sq Ft
09/27/2016 09/27/16 Sold $233,500 -2.7% $179 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $239,999 -- $184 / 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 $3,653 $698,700 $421,200 $277,500
2024 $3,653 $680,100 $411,100 $269,000
2023 $3,653 $593,900 $343,200 $250,700
2022 $3,202 $622,600 $353,300 $269,300
2021 $3,040 $451,900 $252,400 $199,500
2019 $3,323 $414,500 $234,200 $180,300
2018 $3,309 $299,600 $200,200 $99,400
2017 $3,183 $259,800 $169,100 $90,700
2016 $2,738 $229,300 $139,200 $90,100
2014 $2,706 $213,000 $125,200 $87,800
2013 $2,706 $195,600 $118,200 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2128590

Northwest Multiple Listing Service (NWMLS)

APN: 230500-1680