Listed by Ideal Real Estate, Bought with Ideal Real Estate
NOT LISTED FOR SALE

511 Terra Eden St Forks, WA 98331

Estimated Value: $428,000 - $529,000

2 Beds
4 Baths
3,704 Sq Ft
$128/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $325,000 $88 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,997/month

148 Days on Market

Highlights

  • Deck
  • Partially Fenced Property
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding

About This Home

As of September 2020

This successful 4-plex sits in a residential neighborhood. The apartments each have 2 bedrooms, 1 bathroom, on site laundry, a 4 vehicle carport. Two of the units are charming townhouse style. The apartments have had some upgrades over the last couple years, including new flooring, fresh paint, and new stairs. A little more cosmetic upgrades and the rents could be more. Great cashflow for traditional investment, Or live in one unit and let the other tenants pay your mortgage.

Last Agent to Sell the Property

Rachel Breed

Ideal Real Estate License #21001006 Listed on: 03/02/2020

Ideal Real Estate

Co-Listed By

Brad Decater

Coldwell Banker Bain License #22007286

Last Buyer's Agent

Sergei Holmquist

Ideal Real Estate License #116668

Ideal Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1566419

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1972

Lot Details

  • 0.46 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Quadruplex
  • Slab Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,704 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Schools

  • Forks Elementary School
  • Forks Mid Middle School
  • Forks High School

Utilities

  • Septic Tank
  • Septic System

Community Details

  • Terra Eden Condos
  • Forks Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 1328097002640000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,568

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • Buyer Agency Compensation: 3%
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Terra Eden
  • New Construction: No
  • CalculatedSquareFootage: 3704
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Septic System, Electric
  • PowerCompany: Clallam PUD
  • SewerCompany: On site septic
  • WaterCompany: City of Forks
  • WaterSewerGarbage: 2988

Fee Information

  • Annual Fuel Expense: 150

Schools

  • Junior High Dist: Quillayute
  • High School: Forks High
  • Middle Or Junior School: Forks Mid

Lot Info

  • Parcel Number: 1328097002640000
  • Lot Size Acres: 0.4584
  • Lot Size: Irregular
  • Lot Size Sq Ft: 19968
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 5

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 2825

Multi Family

  • Gross Scheduled Income: 33900
  • Net Operating Income: 5509
  • Number Of Units Total: 6
  • Electric Expense: 840
  • Insurance Expense: 1500
  • Leasable Area: 3704
  • UnitsInBuildingTotal: 4
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 3568

MLS Schools

  • Elementary School: Forks Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 31, 2020
Sold by
Decater Jim
Bought by
Loria Brian and Loria Brittany Dior
Seller's Agent
Rachel Breed
Ideal Real Estate
Buyer's Agent
Sergei Holmquist
Ideal Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$475,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,672
Avg. Annual Appreciation
7.79%
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 20, 2020
Sold by
Decater Betsy
Bought by
Decater Jim
Seller's Agent
Rachel Breed
Ideal Real Estate
Buyer's Agent
Sergei Holmquist
Ideal Real Estate
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2006
Sold by
Kelley Michael Steven and Kelley Kelly Jean
Bought by
Decater Jim

Purchase Details

Closed on
Feb 3, 2006
Sold by
Kelley Michael Steven
Bought by
Kelley Michael Steven and Kelley Jean
Source: Public Records

Range of Values:

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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
Loria Brian $325,000 None Available
Decater Jim -- Clallam Title Company
Decater Jim $197,500 Clallam Title Co
Kelley Michael Steven -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Decater Jim $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $325,000 -7.1% $88 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $350,000 -- $94 / 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
2021 $2,841 $243,750 $23,750 $220,000
2020 $3,587 $286,043 $23,750 $262,293
2018 $3,436 $265,228 $23,750 $241,478
2017 $2,530 $245,643 $23,750 $221,893
2016 $2,530 $248,185 $23,750 $224,435
2015 $2,530 $230,559 $23,750 $206,809
2013 $2,530 $210,496 $23,750 $186,746
2012 $2,530 $212,996 $26,250 $186,746
Source: Public Records

Agents Affiliated with this Home

  • Rachel Breed

    Seller's Agent in 2020

    Rachel Breed

    Ideal Real Estate

    (360) 460-8303

    123 in this area

    253 Total Sales

    Rachel Breed
    Section Image
  • Brad Decater

    Seller Co-Listing Agent in 2020

    Brad Decater

    Coldwell Banker Bain

    (425) 256-0137

    73 Total Sales

    Brad Decater
    Section Image
  • Sergei Holmquist

    Buyer's Agent in 2020

    Sergei Holmquist

    Ideal Real Estate

    (360) 504-3200

    64 in this area

    141 Total Sales

    Sergei Holmquist
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1566419

Northwest Multiple Listing Service (NWMLS)

APN: 1328097002640000

Washington Clallam County Forks 98331

511 Terra Eden St, Forks, WA

This home is located at 511 Terra Eden St, Forks, WA 98331 since 02 March 2020 and is currently estimated at $475,672, approximately $128 per square foot. This property was built in 1972. 511 Terra Eden St is a home located in Clallam County with nearby schools including Forks Elementary School, District Run Home School, and Forks Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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