Listed by Windermere R.E. Ocean Shores, Bought with Ideal Real Estate
NOT LISTED FOR SALE

4761 Washington 109 Moclips, WA 98562

Moclips Neighborhood

Estimated Value: $510,000 - $670,000

-- Bed
2 Baths
2,272 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $305,000 $134 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,319/month

449 Days on Market

Highlights

  • Ocean View
  • Patio
  • Wood Siding
  • Deck
  • Ceramic Tile Flooring

About This Home

As of October 2020

Ocean view duplex on the ridge in Moclips (across from Post Office). Could remain as a duplex monthly rental, be used as two overnight rentals or be converted to a large home. Two bdrm unit on top floor and 1 bdrm unit on ground floor. Both have kitchens and bathrooms. Some renovations have been completed. Separate entries on ground and second floors. Double car garage. 3 lots. Might be able to expand building to North. Great ocean view property.

Last Agent to Sell the Property

Jim Donahoe

Windermere R.E. Ocean Shores License #4711 Listed on: 05/17/2019

Windermere R.E. Ocean Shores

Last Buyer's Agent

Rachel Breed

Ideal Real Estate License #21001006

Ideal Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1531428

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,762

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 95 x 120 x 96 x 122

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,272 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Pacific Beach Elementary School
  • North Beach Mid Middle School
  • North Beach High School

Community Details

  • Moclips Ocean Crest Add Condos
  • Moclips Subdivision

Listing and Financial Details

  • Legal Lot and Block 24-26 / 2
  • Assessor Parcel Number 788500202400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,762

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1958
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Moclips Ocean Crest Add
  • New Construction: No
  • CalculatedSquareFootage: 2272
  • Special Features: None

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 3
  • ParkingUncoveredSpaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric, Wood
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: Grays Harbor County
  • WaterCompany: Grays Harbor County
  • WaterSewerGarbage: 2440

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: North Beach
  • High School: North Beach High
  • Middle Or Junior School: North Beach Mid

Lot Info

  • Parcel Number: 788500202400
  • Lot Size Acres: 0.2573
  • Lot Size: 95 x 120 x 96 x 122
  • Lot Size Sq Ft: 11210
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Patio
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 24-26

Green Features

  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 19
  • LeasedItems: None
  • TotalMonthlyIncome: 1400

Multi Family

  • Gross Scheduled Income: 16800
  • Net Operating Income: 5091
  • Number Of Units Total: 2
  • Electric Expense: 2300
  • Insurance Expense: 1250
  • Leasable Area: 2272
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 10

Tax Info

  • Year: 2019
  • Tax Annual Amount: 3762

MLS Schools

  • Elementary School: Pacific Beach Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Sep 16, 2020
Sold by
Curtright Shari L
Bought by
Seshiah Satishkumar and Seshiah Satishkumar Preetha
Seller's Agent
Jim Donahoe
Windermere R.E. Ocean Shores
Buyer's Agent
Rachel Breed
Ideal Real Estate
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%
Current Estimated Value
$566,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,015
Avg. Annual Appreciation
13.05%
Original Mortgage
$220,171
Outstanding Balance
$195,387
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$370,628
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
Seshiah Satishkumar $305,000 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seshiah Satishkumar $220,171
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2020 10/06/20 Sold $305,000 -6.2% $134 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
11/26/2019 11/26/19 For Sale $325,000 +6.6% $143 / Sq Ft
11/18/2019 11/18/19 Off Market $305,000 -- --
05/17/2019 05/17/19 For Sale $325,000 -- $143 / 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 $3,784 $541,995 $214,480 $327,515
2023 $4,592 $636,865 $415,750 $221,115
2022 $3,466 $387,764 $252,000 $135,764
2021 $4,407 $387,764 $252,000 $135,764
2020 $4,343 $445,809 $315,000 $130,809
2019 $3,762 $430,809 $300,000 $130,809
2018 $4,007 $372,747 $250,000 $122,747
2017 $3,149 $372,747 $250,000 $122,747
2016 -- $304,085 $200,000 $104,085
2014 -- $301,880 $200,000 $101,880
2013 -- $299,965 $200,000 $99,965
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1531428

Northwest Multiple Listing Service (NWMLS)

APN: 788500202400