NOT LISTED FOR SALE

501 W Martin St Elma, WA 98541

Estimated Value: $267,000 - $335,000

2 Beds
1 Bath
896 Sq Ft
$336/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $280,000 $312 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,850/month

5 Days on Market

Highlights

  • Territorial View
  • Corner Lot
  • Ceramic Tile Flooring
  • 1 Fireplace
  • Detached Garage
  • Garden

About This Home

As of July 2021

This adorable 2 bedroom, 1 full bath cottage on a corner lot is looking for a new owner. The beautiful, fully fenced, private yard includes a mature high yielding cherry tree, a greenhouse, a wood shed & the workshop/laundry area. Conveniently located near grocery store, restaurants, library, schools, & post office. Natural gas is on property but not currently connected. The big gravel driveway provides enough parking for 4 full size vehicles. The kitchen layout makes good use of the available sq. footage with lots of counter space. The wood burning free standing stove keeps this place super cozy in the winter. The larger of the 2 bedrooms easily fits a queen size bed with room to spare. The bathroom features a shower/jetted tub/sauna.

Last Listed By

Meghan McCallum

Realty ONE Group All Stars License #21012783 Listed on: 06/08/2021

Realty ONE Group All Stars

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: NWM1787106

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,185

Year Built

  • Built in 1941

Lot Details

  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Garden

Parking

  • Detached Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1 Fireplace
  • Territorial Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • Outbuilding
  • Cable TV Available

Community Details

  • Elma Community

Listing and Financial Details

  • Assessor Parcel Number 048000100101

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,185

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 10 - 1 Story
  • Building Information: Built On Lot
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fan(s), Dbl Pane/Storm Windw
  • Floor Covering: Ceramic Tile, Laminate, Wall To Wall Carpet
  • Appliances That Stay: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2.00
  • Main Floor Bedrooms: 2
  • Bathrooms: 1.00
  • Total Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Fireplaces: 1
  • Fireplaces Main: 1
  • Kitchen w/ Eating Area: Main
  • Estimated Sq Ft: 896
  • Square Footage Finished: 896

Exterior Features

  • Exterior: Wood Products
  • Foundation: Post And Pillar
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Type: Garage-Detached

Utilities

  • Heating And Cooling: Stove/Free Standing, Wall
  • Power Company: Grays Harbor PUD
  • Sewer: Sewer Connected
  • Sewer Company: City of Elma
  • Water Company: City of Elma
  • Water Heater: Bathroom-Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Name: Elma

Schools

  • Elementary School: Elma Elem
  • Middle School: Elma Mid
  • High School: Buyer To Verify
  • School District: ELM

Lot Info

  • Lot Details: Corner Lot, Paved Street
  • Lot Sq Ft: 5588
  • Lot Topography Vegetation: Garden Space, Level
  • Parcel Number: 048000100101
  • Zoning Jurisdiction: City
  • Lot Topography: Garden Space, Level

Tax Info

  • Tax Amount: 1189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 9, 2021
Sold by
Falaschi Tony J and Stout Leah C
Bought by
Vetter Kynzie
Seller's Agent
Meghan McCallum
Realty ONE Group All Stars
Buyer's Agent
Anastacia Narayan
Epique Realty
List Price
$269,000
Sold Price
$280,000
Premium/Discount to List
$11,000
4.09%
Total Days on Market
5
Current Estimated Value
$301,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,011
Avg. Annual Appreciation
1.91%
Original Mortgage
$274,928
Outstanding Balance
$252,142
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$48,869

Purchase Details

Closed on
Oct 1, 2020
Sold by
Stout Leah
Bought by
Falaschi Tony J and Stout Leah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2019
Sold by
Miller Joe and Miller Valerie
Bought by
Stout Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 13, 2011
Sold by
Long Karon
Bought by
Miller Joe and Miller Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.84%
Mortgage Type
Seller Take Back

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
Vetter Kynzie $280,000 Coast Title
Falaschi Tony J $25,444 Grays Harbor Title
Stout Leah -- Chicago Title Company Of Wa
Miller Joe $50,000 Grays Harbor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetter Kynzie $9,280
Open Vetter Kynzie $274,928
Closed Vetter Kynzie $10,997
Previous Owner Falaschi Tony J $90,000
Previous Owner Stout Leah $52,500
Previous Owner Miller Joe $50,000
Previous Owner Long Karon $9,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $280,000 +4.1% $313 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $269,000 -- $300 / 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 $2,185 $228,796 $49,943 $178,853
2023 $2,351 $225,036 $49,943 $175,093
2022 $1,684 $150,998 $39,954 $111,044
2021 $1,189 $150,998 $39,954 $111,044
2020 $1,036 $107,183 $28,359 $78,824
2019 $824 $91,217 $19,558 $71,659
2018 $931 $79,274 $19,558 $59,716
2017 $887 $67,790 $19,558 $48,232
2016 $742 $65,493 $19,558 $45,935
2014 -- $60,358 $19,558 $40,800
2013 -- $59,938 $19,558 $40,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: NWM1787106

Northwest Multiple Listing Service (NWMLS)

APN: 048000100101