NOT LISTED FOR SALE

605 S Sequim Ave Sequim, WA 98382

-- Bed
-- Bath
7,132 Sq Ft
16,988 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $1,325,000 $186 Per Sq Ft

1 Day on Market

About This Home

As of May 2023

14 unit apartment building in central location in Sequim. Fully leased with an average lease of $805/month, totaling $11,275/month. Seller added trusses and a pitched roof. Seller paid $1,561/month in utilities and $926/month in taxes/insurance in 2022. Commercial grade, coin operated washers and dryers for occupants. Each apartment has secured storage units on lower level. Plenty of parking - 22 spaces on site. Walking distance to shopping, schools, post office, coffee, etc.

Last Agent to Sell the Property

Michael McAleer

RE/MAX Prime License #1098 Listed on: 05/03/2023

RE/MAX Prime

Last Buyer's Agent

Tanner Stephens

Torres Real Estate License #126498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,080

Year Built

  • Built in 1968

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 158x113x188x130
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • Gravel Driveway
  • On-Site Parking
  • Open Parking

Utilities

  • Baseboard Heating
  • Community Sewer or Septic

Community Details

  • 14 Units
  • 7,132 Sq Ft Building

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, trash, water
  • Assessor Parcel Number 033019440075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,080

Year Built

Built in 1968

Lot Details

0.39 Acres

Listing Details

  • Class: Multi-Family
  • Heat: Baseboard, Electric
  • Lot Dimensions: 158x113x188x130
  • Road Access: Public, Paved
  • Sewage: City
  • Structure Type: 2 Story
  • Assessor Parcel Number: 033019440075
  • Type: 10+ Units
  • View 2: Territorial
  • Year Built: 1968
  • Zoning Code: MUII
  • Zoning Description: Multi-Family
  • Property Name: Bell Creek Place
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Fenced: Partial
  • Number Of Acres: 0.39
  • Roof: Composition

Garage/Parking

  • Driveway: Gravel
  • Parking: On Site, Open

Utilities

  • Water: City
  • Laundry: Coin-Op

Schools

  • Schools: Sequim Ms, Sequim Hs

Rental Info

  • Owner Pays: Sewer, Trash, Water
  • Tenant Pays: Electricity

Multi Family

  • Number Of Units: 14

Tax Info

  • Taxes Dollar: 9080
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Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2023 05/19/23 Sold $1,325,000 -4.7% $186 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,390,000 -- $195 / Sq Ft
Source: Olympic Listing Service

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 $9,020 $1,228,550 $236,300 $992,250
2023 $9,020 $1,194,210 $201,960 $992,250
2022 $4,821 $1,160,550 $168,300 $992,250
2021 $4,329 $461,207 $51,304 $409,903
2020 $4,835 $461,207 $51,304 $409,903
2018 $4,761 $461,207 $51,304 $409,903
2017 $4,401 $434,939 $51,304 $383,635
2016 $4,992 $461,207 $51,304 $409,903
2015 $4,992 $437,004 $51,304 $385,700
2013 $4,992 $421,834 $56,434 $365,400
2012 $4,992 $494,983 $88,983 $406,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Olympic Listing Service

MLS Number: 370520

Olympic Listing Service
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