NOT LISTED FOR SALE

517 W 8th St Port Angeles, WA 98362

12 Beds
6 Baths
7,276 Sq Ft
0.32 Acres

Last Sold August 04, 2017

Last sale price $640,000 $88 Per Sq Ft

14 Days on Market

Highlights

  • Mountain View
  • Wall to Wall Carpet
  • 1-minute walk to Wilson Park

About This Home

As of August 2017

One of the newer multi family units in Port Angeles. Very clean 8 unit apartment building located between the bridges. Each unit is 2 bedroom, 1 bath with all appliances including washer and dryer. Current rents range form $575 to $650 which seems to be very low considering the market. This cap rate could be much better with an adjustment in rents to be more in line with the market.

Last Agent to Sell the Property

Quint Boe

Windermere R.E. Port Angeles License #12167 Listed on: 06/20/2017

Windermere R.E. Port Angeles

Last Buyer's Agent

Quint Boe

Windermere R.E. Port Angeles License #12167 Listed on: 06/20/2017

Windermere R.E. Port Angeles

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1147309

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1995

Lot Details

  • 0.32 Acre Lot
  • Property is in good condition

Parking

  • 16 Parking Spaces

Home Design

  • Poured Concrete
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 7,276 Sq Ft Home
  • 2-Story Property
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Schools

  • Stevens Mid Middle School
  • Port Angeles High School

Community Details

  • Tpa Condos
  • Port Angeles Subdivision

Listing and Financial Details

  • Legal Lot and Block 15&16 / 236
  • Assessor Parcel Number 0630000236650000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,114

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1995
  • Buyer Agency Compensation: 5,2.5,1.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: TPA
  • New Construction: No
  • CalculatedSquareFootage: 7276
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 5%1st100K,2.5%2nd100K,1.5%there after
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 16

Utilities

  • Sewer: Available
  • Heating Yn: Yes
  • Utilities: Electric
  • PowerCompany: City of PA
  • SewerCompany: City of PA
  • WaterCompany: City of PA

Schools

  • Junior High Dist: Port Angeles
  • High School: Port Angeles High
  • Middle Or Junior School: Stevens Mid

Lot Info

  • Parcel Number: 0630000236650000
  • Lot Size Acres: 0.3214
  • Lot Size Sq Ft: 14000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • LotNumber: 15&16

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 4750

Tax Info

  • Year: 2017
  • Tax Annual Amount: 6114

Multi Family

  • Number Of Units Total: 8
  • UnitsBelowGrade: false

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2017 08/04/17 Sold $640,000 +6.7% $88 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $600,000 -- $82 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1147309

Northwest Multiple Listing Service (NWMLS)