Listed by Real Broker LLC, Bought with Washington Coast Real Estate
NOT LISTED FOR SALE

702 W Lila Ave Westport, WA 98595

Estimated Value: $148,000 - $328,000

-- Bed
-- Bath
1,464 Sq Ft
$162/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $99,000 $68 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $1,508/month

24 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Wood Siding
  • Territorial View
  • High Speed Internet
  • Vinyl Flooring

About This Home

As of August 2014

Fully remodeled Westport Dupllex, sitting high on the secondary dune with views east and west. Fabulous sunsets and a short walk to the beach. Unique split level design allows for each unit to be accessed without stairs. New Windows, new decks, new siding, new paint inside and out, new floor coverings, you get the idea. This gem is a great money maker. Owner relocated, no longer convenient to manage. Monthly income $1,250 with long term renters the norm.

Last Agent to Sell the Property

Helen Gundersen

Real Broker LLC License #7416 Listed on: 06/16/2014

Real Broker LLC

Last Buyer's Agent

David Shea

Washington Coast Real Estate License #77524

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 653008

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $954

Year Built

  • Built in 1965

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 50x170

Home Design

  • Duplex
  • Block Foundation
  • Bitumen Roof
  • Wood Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Vinyl Flooring
  • Territorial Views

Parking

  • 8 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • Ocosta Elementary School
  • Ocosta Jnr - Snr Hig Middle School
  • Ocosta Jnr - Snr Hig High School

Utilities

  • High Speed Internet
  • Cable TV Available

Community Details

  • Town Of Peterson Condos
  • Cohasset Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block Six / Fifty One
  • Assessor Parcel Number 102505100600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$954

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1965
  • Buyer Agency Compensation: 3.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Town of Peterson
  • New Construction: No
  • CalculatedSquareFootage: 1464
  • SOCComments: Half of Total
  • Special Features: None
  • Cumulative Days on Market: 366

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Block
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 8
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Wood
  • PowerCompany: Grays Harbor PUD
  • SewerCompany: City of Westport
  • WaterCompany: City of Westport
  • WaterSewerGarbage: 1800

Schools

  • Junior High Dist: Ocosta
  • High School: Ocosta Jnr - Snr Hig
  • Middle Or Junior School: Ocosta Jnr - Snr Hig

Lot Info

  • Parcel Number: 102505100600
  • Lot Size Acres: 0.1951
  • Lot Size: 50x170
  • Lot Size Sq Ft: 8500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Outbuildings
  • ZoningJurisdiction: City
  • ZoningClass: Residential
  • LotNumber: Six

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Wood

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 1300

Multi Family

  • Gross Scheduled Income: 15000
  • Net Operating Income: 12700
  • Number Of Units Total: 2
  • Insurance Expense: 500
  • Leasable Area: 1464
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2014
  • Tax Annual Amount: 954

MLS Schools

  • Elementary School: Ocosta Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 18, 2014
Sold by
Ganz Gary and Ganz Anita
Bought by
House Cody
Seller's Agent
Helen Gundersen
Real Broker LLC
Buyer's Agent
David Shea
Washington Coast Real Estate
List Price
$99,000
Sold Price
$99,000
Current Estimated Value
$243,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,667
Avg. Annual Appreciation
7.79%
Original Mortgage
$101,128
Interest Rate
4.12%
Mortgage Type
VA

Purchase Details

Closed on
Jul 1, 2011
Sold by
Buxton Traci R
Bought by
Ganz Gary and Ganz Anita

Purchase Details

Closed on
May 19, 2011
Sold by
Buxton Traci R
Bought by
Buxton Traci R

Purchase Details

Closed on
Jan 5, 2005
Sold by
Adams Leona B
Bought by
Roket Gary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000
Interest Rate
5.8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
House Cody $99,000 Grays Harbor Title
Ganz Gary $50,000 Grays Harbor Title
Buxton Traci R -- None Available
Roket Gary G $62,673 Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open House Cody $88,118
Closed House Cody $101,128
Previous Owner Roket Gary G $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $99,000 0.0% $68 / Sq Ft
07/11/2014 07/11/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $99,000 -- $68 / 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 $2,088 $245,255 $111,785 $133,470
2023 $2,103 $235,104 $101,634 $133,470
2022 $1,950 $169,313 $41,475 $127,838
2021 $1,886 $169,313 $41,475 $127,838
2020 $1,252 $149,711 $39,500 $110,211
2019 $1,129 $95,199 $17,000 $78,199
2018 $1,264 $88,090 $17,000 $71,090
2017 $1,038 $88,090 $17,000 $71,090
2016 $1,038 $88,090 $17,000 $71,090
2014 -- $83,300 $17,000 $66,300
2013 -- $89,325 $20,000 $69,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 653008

Northwest Multiple Listing Service (NWMLS)

APN: 102505100600