NOT LISTED FOR SALE

516 S Cedar St Unit 1 & 2 Centralia, WA 98531

Estimated Value: $364,000

4 Beds
2 Baths
1,584 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 20, 2012

Last sale price $70,000 $44 Per Sq Ft

Est. 420% increase in value since last sale

Current estimated payment $2,201/month

9 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 1-Story Property

About This Home

As of June 2012

1584 SqFt duplex. Each unit has 792 SqFt w/ 2 bedrooms, 1 bathroom. Rent approximately 600.00 per unit total $1200.00 month. HUD home Case #561-780687.

Last Listed By

Mike Fisk

Van Dorm Realty, Inc License #82980 Listed on: 04/21/2012

Van Dorm Realty, Inc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 346688

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1973

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Fixer Upper
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 1,584 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl

Parking

  • 4 Parking Spaces
  • Open Parking

Community Details

  • Centralia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000700000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,243

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1973
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • CalculatedSquareFootage: 1584
  • SOCComments: See Remarks
  • Special Features: None
  • Cumulative Days on Market: 293

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Fixer
  • Structure Type: Duplex

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: City of Centralia
  • SewerCompany: City of Centralia
  • WaterCompany: City of Centralia
  • WaterSewerGarbage: 0

Schools

  • Junior High Dist: Centralia

Lot Info

  • Parcel Number: 000700000000
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 1200

Tax Info

  • Year: 2012
  • Tax Annual Amount: 1243

Multi Family

  • Number Of Units Total: 2
  • Leasable Area: 1584
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2013
Sold by
Grubbs Jeff and Grubbs Brenda
Bought by
Gpp Llc
Total Days on Market
9
Current Estimated Value
$364,000

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
3.31%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 21, 2012
Closed on
May 9, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Grubbs Jeff
List Price
$70,000
Sold Price
$70,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%

Purchase Details

Closed on
Feb 26, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

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Range of Values:

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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
Gpp Llc -- First American Title Ins Co
Grubbs Jeff -- Title Guaranty
The Secretary Of Housing & Urban Develop -- Lewis County Title
Bac Home Loans Servicing Lp $121,393 Lewis County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gpp Llc $90,000
Closed Gpp Llc $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2012 06/20/12 Sold $70,000 0.0% $44 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $70,000 -- $44 / 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 $2,013 $306,500 $63,000 $243,500
2024 $2,013 $306,500 $63,000 $243,500
2023 $2,141 $260,100 $63,000 $197,100
2022 $2,039 $205,700 $45,300 $160,400
2021 $1,589 $205,700 $45,300 $160,400
2020 $5,940 $178,500 $43,600 $134,900
2019 $5,100 $157,000 $38,100 $118,900
2018 $830 $134,200 $32,300 $101,900
2017 $1,316 $123,700 $32,300 $91,400
2016 $1,344 $130,200 $34,000 $96,200
2015 $1,244 $131,000 $36,400 $94,600
2013 $1,244 $131,000 $36,400 $94,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 346688

Northwest Multiple Listing Service (NWMLS)

APN: 000700-000-000