Listed by Shelton Land & Homes, LLC
NOT LISTED FOR SALE

308 S 4th St Elma, WA 98541

Estimated Value: $342,321 - $417,000

-- Bed
-- Bath
878 Sq Ft
$433/Sq Ft Est. Value

Last Sold November 02, 2015

Last sale price $179,500 $204 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,350/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Territorial View
  • Thermal Windows
  • Deck
  • Softwood Flooring
  • High Speed Internet

About This Home

As of November 2015

Three Homes on 1 Lot! Live in one and rent out the other 2 or rent all 3! Well maintained homes in a great neighborhood. Over $1900. combined monthly income for all 3 homes. Good vacancy rate. Only one unit was empty for 2 months in 4 years. You do the math! Great price and a great opportunity!

Last Agent to Sell the Property

Jodie Guedon

Shelton Land & Homes, LLC License #50168 Listed on: 09/24/2015

Shelton Land & Homes, LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 852569

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 1953

Lot Details

  • 10,437 Sq Ft Lot
  • Street terminates at a dead end
  • Partially Fenced Property

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Thermal Windows
  • Territorial Views

Flooring

  • Softwood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 9 Parking Spaces
  • 1 Covered Space
  • Open Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Elma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 042500701900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,722

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1953
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 0
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 373

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Basement,Energy Package,Thermal Windows

Exterior Features

  • Roof: Composition, Metal
  • View: Territorial
  • Lot Features: Alley, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 9
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Wood
  • PowerCompany: PUD
  • SewerCompany: City of Elma
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 290

Fee Information

  • Annual Fuel Expense: 200

Schools

  • Junior High Dist: Elma

Lot Info

  • Parcel Number: 042500701900
  • Lot Size Acres: 0.2396
  • Lot Size Sq Ft: 10437
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,RV Parking
  • MLSLotSizeSource: County
  • ZoningClass: Multi-Family,Residential

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1928

Multi Family

  • Gross Scheduled Income: 1850
  • Number Of Units Total: 3
  • Electric Expense: 180
  • Insurance Expense: 805
  • Leasable Area: 1883
  • UnitsInBuildingTotal: 3
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2014
  • Tax Annual Amount: 1722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Skandia Properties Llc
Bought by
Sprout Kristi Lynn
Current Estimated Value
$380,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
First Mutual Bank
Bought by
Sterling Merlyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,075
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2010
Sold by
Ingram Mary Beth
Bought by
First Mutual Bank

Purchase Details

Closed on
Jan 18, 2006
Sold by
Mcgaughy Denny M and Mcgaughy Audrey E
Bought by
Ingram Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Sprout Kristi Lynn $230,000 Pacific Title
Sterling Merlyn S $148,500 Coast Title
First Mutual Bank $177,479 Coast Title
Ingram Mary Beth $212,000 Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sprout Kristi Lynn $186,500
Closed Sprout Kristi Lynn $186,500
Closed Sprout Kristi Lynn $184,000
Previous Owner Sterling Merlyn S $141,075
Previous Owner Ingram Mary Beth $169,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2015 11/02/15 Sold $179,500 0.0% $204 / Sq Ft
10/07/2015 10/07/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $179,500 -- $204 / 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 $3,378 $353,766 $56,960 $296,806
2023 $3,724 $353,766 $56,960 $296,806
2022 $3,285 $294,552 $45,568 $248,984
2021 $2,342 $294,552 $45,568 $248,984
2020 $2,130 $211,145 $51,909 $159,236
2019 $1,685 $187,453 $35,799 $151,654
2018 $2,220 $162,177 $35,799 $126,378
2017 $2,108 $161,720 $35,799 $125,921
2016 $1,722 $155,724 $35,799 $119,925
2014 -- $140,185 $35,000 $105,185
2013 -- $140,070 $35,000 $105,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 852569

Northwest Multiple Listing Service (NWMLS)

APN: 042500701900