NOT LISTED FOR SALE

405 E Broadway Ave Montesano, WA 98563

Estimated Value: $695,000 - $884,213

6 Beds
3 Baths
8,160 Sq Ft
$94/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $385,000 $47 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,694/month

103 Days on Market

About This Home

As of September 2015

This is a very well cared for 6 plex in Montesano. Each unit has approx. 900 sq ft +-. Units are 2 bed, 1 bath with utility area for your own washer/dryer. No vacancies in last years as per owner. Each unit has covered parking and storage room on South side of building.

Co-Listed By

Steven Caldwell

Price & Price Realty, Inc. PS License #17662

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 783037

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,580

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 8,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Open Parking

Schools

  • Montesano Jr-Sr High School

Utilities

  • Cable TV Available

Community Details

  • Montesano Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070700200300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,580

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1974
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 8160
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement Planked, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 6
  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • PowerCompany: G.H.P.U.D
  • SewerCompany: City of Momtesano
  • WaterCompany: City of Montesano
  • WaterSewerGarbage: 5994

Schools

  • Junior High Dist: Montesano
  • High School: Montesano Jr-Sr High
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 070700200300
  • Lot Size Acres: 0.3014
  • Lot Size Sq Ft: 13130
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: G.H.County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 9
  • LeasedItems: None
  • TotalMonthlyIncome: 3450

Multi Family

  • Gross Scheduled Income: 41038
  • Net Operating Income: 27357
  • Number Of Units Total: 6
  • Insurance Expense: 2950
  • Leasable Area: 5400
  • UnitsInBuildingTotal: 6
  • UnitsBelowGrade: true
  • VacancyRate: 0

Tax Info

  • Year: 2015
  • Tax Annual Amount: 3580

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2019
Sold by
405 E Broafway Llc
Bought by
Kca Broadway Llc
Current Estimated Value
$763,738

Purchase Details

Closed on
Nov 4, 2015
Sold by
Berbey Monalisa
Bought by
405 E Broadway Llc

Purchase Details

Listed on
May 6, 2015
Closed on
Sep 1, 2015
Sold by
Badgley Duane G and Badgley Deborah M
Bought by
Berbey Monalisa
List Price
$410,000
Sold Price
$385,000
Premium/Discount to List
-$25,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
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
Kca Broadway Llc $500,000 Grays Harbor Title
405 E Broadway Llc -- None Available
Berbey Monalisa $385,000 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badgley Duane G $45,000
Previous Owner Badgley Duane G $35,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $385,000 -6.1% $47 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $410,000 -- $50 / 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 $6,778 $733,200 $90,519 $642,681
2023 $6,586 $742,218 $76,869 $665,349
2022 $5,780 $534,154 $59,130 $475,024
2021 $5,665 $534,154 $59,130 $475,024
2020 $5,493 $476,065 $59,130 $416,935
2019 $4,645 $445,181 $59,130 $386,051
2018 $4,128 $410,085 $59,130 $350,955
2017 $3,706 $285,972 $59,130 $226,842
2016 $3,506 $275,170 $59,130 $216,040
2014 -- $264,480 $59,130 $205,350
2013 -- $264,480 $59,130 $205,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 783037

Northwest Multiple Listing Service (NWMLS)

APN: 070700200300