NOT LISTED FOR SALE

4512 Pacific Way Seaview, WA 98644

Estimated Value: $253,000 - $315,000

-- Bed
3 Baths
1,520 Sq Ft
$180/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $252,000 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,653/month

28 Days on Market

About This Home

As of March 2023

Looking for an investment? You have just found the perfect property. Triplex in a great location just a fewblocks from the Seaview public beach entrance and the Discovery trail for miles and miles of activity! This amazing historic neighborhood is close to restaurants, grocery stores, and shopping... ect. Each unit boasts 3 separate entrances. Remodeled in early 1990's. 2 downstairs studio units and 1 larger unit upstairs. Parking for each tenant. Partially fencedback yard. Check with city to see if it can serve as a short-term rental. Come see this once in a lifetime opportunity and make it yours. Very few triplexes to compare to it! Truly unique property on the market.

Last Agent to Sell the Property

Diane Weaver

Dream Weavers Inc. License #8395 Listed on: 01/18/2023

Last Buyer's Agent

Erin Marsh

Realty One Group Pacifica License #131737

Realty One Group Pacifica

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2027834

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,499

Year Built

  • Built in 1912

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Triplex
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Parking

  • 3 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • Seaview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 73026069003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,499

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 53 - Tri-plex
  • Year Built: 1912
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 1520
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 524

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fair
  • Structure Type: Triplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • WaterSewerGarbage: 3925

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1500

Schools

  • Junior High Dist: Ocean Beach

Lot Info

  • Parcel Number: 73026069003
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12735
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Multi Family

  • Gross Scheduled Income: 21600
  • Net Operating Income: 11895
  • Number Of Units Total: 3
  • Electric Expense: 1645
  • Insurance Expense: 1135
  • Leasable Area: 1520
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 90

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 11, 2023
Sold by
Barber Sally A
Bought by
Mendoza Rafael S and Urena Jatnna I
Seller's Agent
Diane Weaver
Dream Weavers Inc.
Buyer's Agent
Erin Marsh
Realty One Group Pacifica
List Price
$259,000
Sold Price
$252,000
Premium/Discount to List
-$7,000
-2.7%
Views
175
Current Estimated Value
$274,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,169
Avg. Annual Appreciation
2.65%
Original Mortgage
$189,000
Outstanding Balance
$184,084
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$83,407

Purchase Details

Closed on
Mar 19, 2010
Sold by
Richardson Bryan and Richardson Carole
Bought by
Barber Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
4.94%
Mortgage Type
New Conventional
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
Mendoza Rafael S $252,000 Emerald Coast Title
Barber Sally A $98,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Rafael S $189,000
Previous Owner Barber Sally A $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $252,000 -2.7% $166 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $259,000 -- $170 / 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 $1,567 $247,100 $101,300 $145,800
2024 $1,567 $225,100 $92,300 $132,800
2023 $1,507 $197,600 $81,000 $116,600
2022 $1,499 $142,700 $58,500 $84,200
2021 $1,445 $126,300 $51,800 $74,500
2020 $1,376 $109,800 $45,000 $64,800
2019 $1,560 $119,900 $50,000 $69,900
2018 $1,350 $93,700 $50,000 $43,700
2017 $1,329 $93,700 $50,000 $43,700
2015 $1,338 $93,700 $50,000 $43,700
2014 -- $93,700 $50,000 $43,700
2012 -- $89,300 $50,000 $39,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2027834

Northwest Multiple Listing Service (NWMLS)

APN: 73026069003