Listed by Windermere R.E. Ocean Shores, Bought with Carrier Capital Real Estate
$1,120,000
SOLD MAR 7, 2025
-- Bed
-- Bath
5,095 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

14% Below List Price

Highlights

  • Ocean View
  • No HOA
  • 2-minute walk to Pacific Beach State Park
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of March 2025

Located in Opportunity Zone... ask listing broker about those benefits. Overnight rentals allowed. Monthly rentals are in high demand. 8 renovated units including a dramatic 1 bedroom penthouse with ocean view. Centrally located... just a short walk to the beach and the growing number of shops and eateries on Main Street. Only one mile from the resort community of Seabrook, which offers upscale shops and restaurants. Pacific Beach is being discovered. Continue operating as motel or live in the penthouse and rent the other 7 units. Owner's health has limited them from operating full time. Laundry room and renovated courtyard. Solid concrete block construction. Truly a hidden gem on the Washington Coast.

Last Agent to Sell the Property

Jim Donahoe

Windermere R.E. Ocean Shores License #4711 Listed on: 10/05/2024

Windermere R.E. Ocean Shores

Last Buyer's Agent

Christopher Webber

Carrier Capital Real Estate License #21008902

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2297918

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 1947

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 53 x 94 x 54 x 95
  • Corner Lot

Property Views

  • Ocean
  • Territorial
  • Limited

Home Design

  • Slab Foundation
  • Built-Up Roof

Interior Spaces

  • 5,095 Sq Ft Home
  • 3-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 12 Parking Spaces
  • Open Parking

Schools

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

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Pb Townsite Condos
  • Pacific Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 7
  • Assessor Parcel Number 795500701400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,465

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1947
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: PB Townsite
  • New Construction: No
  • CalculatedSquareFootage: 5095
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceramic Tile
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry,See Remarks

Exterior Features

  • Roof: Built-Up
  • View: Ocean, Partial, Territorial
  • Lot Features: Alley, Corner Lot, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete
  • Exterior Features: Cement/Concrete
  • Foundation Details: Slab
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: GH PUD
  • SewerCompany: GH County
  • WaterCompany: GH County

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 795500701400
  • Lot Size Acres: 0.11
  • Lot Size: 53 x 94 x 54 x 95
  • Lot Size Sq Ft: 4792
  • Zoning Description: Commercial,Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: County
  • LotNumber: 14

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 17
  • LeasedItems: None
  • TotalMonthlyIncome: 6065

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3465

Multi Family

  • Electric Expense: 3014
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Pacific Beach Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Mar 3, 2025
Sold by
Debely Fletcher and Debely Janet
Bought by
Webber Mike and Webber Mary
Seller's Agent
Jim Donahoe
Windermere R.E. Ocean Shores
Buyer's Agent
Christopher Webber
Carrier Capital Real Estate
List Price
$1,295,000
Sold Price
$1,120,000
Premium/Discount to List
-$175,000
-13.51%
Views
34
Current Estimated Value
$1,123,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,770
Avg. Annual Appreciation
0.39%
Original Mortgage
$1,070,633
Outstanding Balance
$1,062,485
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$61,285

Purchase Details

Closed on
Feb 28, 2022
Sold by
Garsee Properties Llc
Bought by
Debely Fletcher and Debely Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,000
Interest Rate
3.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,120,000 None Listed On Document
Warranty Deed -- Grays Harbor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,070,633 New Conventional
Previous Owner $802,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2025 03/07/25 Sold $1,120,000 -8.2% $220 / Sq Ft
01/29/2025 01/29/25 Pending -- -- --
10/23/2024 10/23/24 Price Changed $1,220,000 -5.8% $239 / Sq Ft
10/05/2024 10/05/24 For Sale $1,295,000 -- $254 / 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 $6,707 $960,776 $106,000 $854,776
2023 $3,465 $464,648 $52,800 $411,848
2022 $4,153 $464,648 $52,800 $411,848
2021 $4,130 $464,648 $52,800 $411,848
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2297918

Northwest Multiple Listing Service (NWMLS)

APN: 795500701400