Listed by Best Choice Network LLC, Bought with Your Choice Real Estate NW
NOT LISTED FOR SALE

322 S 2nd St Elma, WA 98541

12 Beds
6 Baths
20,288 Sq Ft
1.41 Acres

Last Sold January 17, 2017

Last sale price $1,020,000 $50 Per Sq Ft

243 Days on Market

Highlights

  • 1.41 Acre Lot
  • Territorial View
  • Concrete Flooring
  • Deck

About This Home

As of January 2017

Property consist of 3 buildings with 16 units 2bdrms, 1 bath and 8 units with 1bdrms, 1 bath. Lots of upgrade has been done.
All newer vinyl windows and paint. One building has 5 year old roof, other 2 building with brand new roof. . Easy access to High way and close to the DT. Only 20 min to Olympia /Aberdeen. Coin op Laundry also brings in extra $$. It also has a small shop. Previous buyer failed to closed the deal. Now it's your chance. Motivated seller willing to negotiate.

Last Agent to Sell the Property

Sarn Saechao

Best Choice Network LLC License #48874 Listed on: 03/24/2016

Best Choice Network LLC

Last Buyer's Agent

Jeff Stobie

Your Choice Real Estate NW License #21109

Your Choice Real Estate NW

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 914263

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,444

Year Built

  • Built in 1978

Lot Details

  • 1.41 Acre Lot
  • Street terminates at a dead end

Home Design

  • Poured Concrete
  • Composition Roof
  • 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

  • Deck

Community Details

  • Elma Arms Condos
  • Elma Subdivision

Listing and Financial Details

  • Tax Lot 61420
  • Assessor Parcel Number 618063531006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,444

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%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Elma Arms
  • New Construction: No
  • CalculatedSquareFootage: 20288
  • Special Features: None
  • Cumulative Days on Market: 602

Interior Features

  • 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 Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Elma
  • SewerCompany: Grays Harbor
  • WaterCompany: City of Elma
  • WaterSewerGarbage: 21418

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Elma
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 618063531006
  • Lot Size Acres: 1.41
  • Lot Size Sq Ft: 61420
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Realist/public rec
  • LotNumber: 61420

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 0

Multi Family

  • Gross Scheduled Income: 140520
  • Net Operating Income: 93359
  • Number Of Units Total: 24
  • Electric Expense: 18846
  • Insurance Expense: 7863
  • Leasable Area: 20288
  • UnitsInBuildingTotal: 24
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 11444

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $1,020,000 -2.8% $50 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
08/15/2016 08/15/16 Price Changed $1,049,000 -1.5% $52 / Sq Ft
06/21/2016 06/21/16 Price Changed $1,065,000 +4.4% $52 / Sq Ft
06/21/2016 06/21/16 For Sale $1,020,000 0.0% $50 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $1,020,000 -- $50 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 914263

Northwest Multiple Listing Service (NWMLS)