NOT LISTED FOR SALE

314 Mosman Ave SW Yelm, WA 98597

Estimated Value: $594,000 - $681,000

7 Beds
2 Baths
2,290 Sq Ft
$283/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $165,000 $72 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $3,989/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Softwood Flooring
  • Partially Fenced Property
  • Deck
  • Corner Lot
  • 5-minute walk to Yelm-Tenino Trail

About This Home

As of June 2019

Duplex in the heart of Yelm across the street from the golf course. Long term tenants, great rental income, zero vacancies. Price reflects conditions

Last Agent to Sell the Property

Kathy Cross

Imagine Real Estate License #24554 Listed on: 05/28/2019

Last Buyer's Agent

Ellen Chong

Abbey Realty Inc License #127803

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1464884

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,777

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Built-Up Roof
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 2,290 Sq Ft Home
  • 1-Story Property

Flooring

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

Parking

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

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Yelm Mid Middle School
  • Yelm High12 School

Utilities

  • Cable TV Available

Community Details

  • Yelm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21724411400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,777

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 2290
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 284

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Softwood, Hardwood, Vinyl, Carpet
  • Interior Amenities: Forced Air, Ceramic Tile, Fir/Softwood, Hardwood, Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Built-Up, Flat, Torch Down
  • Lot Features: Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: RV Parking
  • Total Parking Spaces: 5
  • ParkingUncoveredSpaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: PSE
  • WaterCompany: Yelm
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Yelm
  • High School: Yelm High12
  • Middle Or Junior School: Yelm Mid

Lot Info

  • Parcel Number: 21724411400
  • Lot Size Acres: 0.2755
  • Lot Size Sq Ft: 12000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Outbuildings,RV Parking
  • MLSLotSizeSource: Assessor
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1545

Multi Family

  • Gross Scheduled Income: 18540
  • Net Operating Income: 15463
  • Number Of Units Total: 6
  • Insurance Expense: 800
  • Leasable Area: 2290
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2019
  • Tax Annual Amount: 1777

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Ho Thinh
Bought by
Chong Ellen W
Total Days on Market
8
Current Estimated Value
$647,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Outstanding Balance
$322,528
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$325,233

Purchase Details

Listed on
May 28, 2019
Closed on
Jun 26, 2019
Sold by
Walker Pamela D
Bought by
Magnos Somnia Llc
Seller's Agent
Kathy Cross
Imagine Real Estate
Buyer's Agent
Ellen Chong
Abbey Realty Inc
List Price
$200,000
Sold Price
$165,000
Premium/Discount to List
-$35,000
-17.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.74%

Purchase Details

Closed on
May 23, 2001
Sold by
Walker Theresa B
Bought by
Walker Randall R
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
Chong Ellen W -- Thurston County Title Co
Chong Ellen W $550,000 Thurston County Title Co
Magnos Somnia Llc $165,000 Stewart Title Thurston
Walker Randall R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chong Ellen W $412,500
Previous Owner Walker Randall R $97,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $165,000 -17.5% $72 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $200,000 0.0% $87 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $200,000 -- $87 / 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 $4,437 $575,100 $194,000 $381,100
2023 $4,437 $455,200 $173,900 $281,300
2022 $2,450 $280,300 $136,800 $143,500
2021 $2,579 $222,700 $93,100 $129,600
2020 $2,372 $203,800 $73,400 $130,400
2019 $1,777 $183,100 $73,200 $109,900
2018 $2,545 $187,700 $81,800 $105,900
2017 $1,972 $152,600 $38,700 $113,900
2016 $1,483 $128,050 $46,250 $81,800
2014 -- $108,250 $46,250 $62,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1464884

Northwest Multiple Listing Service (NWMLS)

APN: 21724411400