NOT LISTED FOR SALE
10 Beds
5 Baths
3,850 Sq Ft
0.25 Acre Lot

Sale Details

Date Sold: April 23, 2025

Last sale price $586,000 $152 Per Sq Ft

263 Days on Market

Highlights

  • Landscaped
  • Laundry Facilities
  • Level Lot
  • Baseboard Heating

About This Home

As of April 2025

Great investment opportunity! Fully occupied 5-plex with great rental history. Each unit has 2 bedroom, 1 bath, refrigerator and oven. Complex has community laundry, covered parking and individual storage area available. Don't miss out on this!

Last Agent to Sell the Property

Brandy Pettet

Windermere Northwest Living Brokerage Phone: 360-521-8031 License #132310 Listed on: 05/21/2024

Windermere Northwest Living

Co-Listed By

Husten Pettet

Windermere Northwest Living Brokerage Phone: 360-521-8031 License #23019276

Last Buyer's Agent

Chad Earhart

Windermere Northwest Living License #114553

Windermere Northwest Living
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1972

Lot Details

  • Landscaped
  • Level Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 3,850 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 5 Parking Spaces
  • Covered Parking

Schools

  • Olympic Elementary School
  • Monticello Middle School
  • Ra Long High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes gas, ground maintenance, sewer, water
  • Assessor Parcel Number 06763164

Community Details

Overview

  • 5 Units
  • Olympic Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $15,130
  • Gross Income $54,996
  • Net Operating Income $40,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,631

Year Built

Built in 1972

Lot Details

0.25 Acres

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 586000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodComposite
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Covered
  • Attached Garage: No
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: FrontYardLandscaping, Laundry

Schools

  • Elementary School: Olympic
  • High School: RA Long
  • Middle Or Junior School: Monticello

Lot Info

  • Zoning: Title
  • Parcel #: 06763164

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Gas, MaintenanceGrounds, Sewer, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3631.12

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 11.82
  • Annual Gross Income: 54996.0
  • Property Net Operating Income: 40171.0
  • Annual Operating Expense: 15130.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Apr 21, 2025
Sold by
Bought by
Seller's Agent
Brandy Pettet
Windermere Northwest Living
Buyer's Agent
Chad Earhart
Windermere Northwest Living
List Price
$675,000
Sold Price
$586,000
Premium/Discount to List
-$89,000
-13.19%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,421
Outstanding Balance
$489,107
Interest Rate
6.65%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 2022
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2017
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Olympic West, WA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$586,000 Stewart Title
-- None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $495,421
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/23/2025 04/23/25 Sold $586,000 -9.8% $152 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
11/01/2024 11/01/24 Price Changed $650,000 -3.7% $169 / Sq Ft
07/01/2024 07/01/24 For Sale $675,000 0.0% $175 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $675,000 -- $175 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,012 $471,180 $61,070 $410,110
2024 $4,012 $463,140 $61,070 $402,070
2023 $3,836 $444,000 $61,070 $382,930
2022 $3,645 $409,180 $61,070 $348,110
2021 $3,373 $366,430 $61,070 $305,360
2020 $2,681 $305,360 $61,070 $244,290
2019 $2,081 $254,562 $38,570 $215,992
2018 $2,531 $192,850 $38,570 $154,280
2017 $1,990 $192,850 $38,570 $154,280
2016 $1,946 $154,280 $30,860 $123,420
2015 $2,112 $154,280 $30,860 $123,420
2013 -- $154,280 $30,860 $123,420
Source: Public Records

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24151093

Regional Multiple Listing Service (RMLS)
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