Listed by Windermere RE/Aberdeen, Bought with John L. Scott CNT
NOT LISTED FOR SALE

322 S 2nd St Elma, WA 98541

-- Bed
-- Bath
20,288 Sq Ft
1.41 Acres

Last Sold July 01, 2020

Last sale price $1,400,000 $69 Per Sq Ft

53 Days on Market

Highlights

  • Docks
  • Territorial View
  • Concrete Flooring
  • 1.41 Acre Lot
  • High Speed Internet
  • Wood Siding

About This Home

As of July 2020

24 Unit (16-2 Bedroom, 1 Bath and 8-1 Bedroom, 1 Bath) apartment complex located Elma. The property consists of 3 Buildings with recent upgrades to all staircases and balconies. Recent updates include new outside stairs and balconies. All 3 roofs have been replaced within the last 10 years. Located within 25 minutes of Olympia and Aberdeen. Most rents are currently below market, which gives the potential for increased cash flow. Coin-Op laundry on site.

Last Agent to Sell the Property

Travis Jelovich

Windermere RE/Aberdeen License #25085 Listed on: 04/08/2020

Windermere RE/Aberdeen

Last Buyer's Agent

Mark Althauser

John L. Scott CNT License #113103

John L. Scott CNT

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1587812

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,433

Year Built

  • Built in 1978

Lot Details

  • 1.41 Acre Lot
  • Street terminates at a dead end

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 20,288 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • 24 Parking Spaces
  • Open Parking

Outdoor Features

  • Docks

Schools

  • Elma Elementary School
  • Elma Mid Middle School
  • Elma High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Elma Subdivision

Listing and Financial Details

  • Assessor Parcel Number 618063531006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,433

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 20288
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Concrete, Vinyl, Carpet
  • Interior Amenities: Concrete, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 24

Utilities

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

Schools

  • Junior High Dist: Elma
  • High School: Elma High
  • Middle Or Junior School: Elma Mid

Lot Info

  • Parcel Number: 618063531006
  • Lot Size Acres: 1.41
  • Lot Size Sq Ft: 61420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Dock,High Speed Internet
  • MLSLotSizeSource: GH County/Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 12911

Tax Info

  • Year: 2020
  • Tax Annual Amount: 11433

Multi Family

  • Number Of Units Total: 24
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Elma Elem

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $1,400,000 -22.2% $69 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $1,800,000 0.0% $89 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $1,800,000 -- $89 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Travis Jelovich

    Seller's Agent in 2020

    Travis Jelovich

    Windermere Corporate

    (360) 500-9408

    2 in this area

    113 Total Sales

    Travis Jelovich
    Section Image
  • Mark Althauser

    Buyer's Agent in 2020

    Mark Althauser

    John L Scott

    (360) 388-6945

    18 Total Sales

    Mark Althauser
    Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1587812

Northwest Multiple Listing Service (NWMLS)
Washington Grays Harbor County Elma 98541

322 S 2nd St, Elma, WA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes