Listed by Kelly Right RE of Seattle LLC, Bought with eXp Realty
NOT LISTED FOR SALE

731 W Byles Ave Unit 98563 Montesano, WA 98563

Estimated Value: $395,000 - $474,000

4 Beds
3 Baths
2,341 Sq Ft
$184/Sq Ft Est. Value

Last Sold October 06, 2020

Last sale price $298,500 $128 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,616/month

14 Days on Market

Highlights

  • Partially Fenced Property
  • Wall to Wall Carpet
  • 2-minute walk to Triangle Park
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2020

Great Investment opportunity in the count seat of Grays Harbor County. Well maintained and well built side by side duplex with single car garages in the middle. Unit 731 has a detached carport and 735 has a storage shed. Long term tenants that pay all utilities on month to month. Large front and back yards. Montesano is a nice community with good schools. Both units have a 1/2 bath/laundry room. New roof in 2011. Please do not disturb tenants.

Last Agent to Sell the Property

Chris McQuillan

Kelly Right RE of Seattle LLC License #26871 Listed on: 08/12/2020

Kelly Right RE of Seattle LLC

Last Buyer's Agent

Drew Helms

eXp Realty License #131425

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1644686

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1974

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Property is in good condition

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,341 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 6 Parking Spaces
  • 2 Covered Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Simpson Avenue Elementary School
  • Montesano Jr-Sr High Middle School
  • Montesano Jr-Sr High School

Community Details

  • Hayes Tax J Condos
  • Montesano Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 & 15 / 1
  • Assessor Parcel Number 074300101600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,654

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1974
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Hayes Tax J
  • New Construction: No
  • CalculatedSquareFootage: 2341
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 354

Interior Features

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

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Post & Pillar, Poured Concrete
  • Property Condition: Good
  • Structure Type: Duplex

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: Grary Harbor PUD
  • SewerCompany: City of Montesano
  • WaterCompany: City of Montesano
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Montesano
  • High School: Montesano Jr-Sr High
  • Middle Or Junior School: Montesano Jr-Sr High

Lot Info

  • Parcel Number: 074300101600
  • Lot Size Acres: 0.3926
  • Lot Size: 17100
  • Lot Size Sq Ft: 17100
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential
  • LotNumber: 14 & 15

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 15
  • LeasedItems: None
  • TotalMonthlyIncome: 1625

Multi Family

  • Gross Scheduled Income: 19500
  • Net Operating Income: 16011
  • Number Of Units Total: 2
  • Insurance Expense: 835
  • Leasable Area: 2280
  • EnergySource: Electric
  • UnitsInBuildingTotal: 2
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2020
  • Tax Annual Amount: 2654

MLS Schools

  • Elementary School: Simpson Avenue Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Oct 5, 2020
Sold by
Eich Dana L
Bought by
Studer Mark and Studer Brenda
Seller's Agent
Chris McQuillan
Kelly Right RE of Seattle LLC
Buyer's Agent
Drew Helms
eXp Realty
List Price
$295,000
Sold Price
$298,500
Premium/Discount to List
$3,500
1.19%
Current Estimated Value
$428,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,635
Avg. Annual Appreciation
7.86%
Original Mortgage
$253,725
Outstanding Balance
$226,184
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$204,238

Purchase Details

Closed on
May 2, 2005
Sold by
Seaman Fermina B
Bought by
Eich Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.99%
Mortgage Type
Commercial
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
Studer Mark -- Pacific Title
Eich Dana L $169,673 Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Studer Mark $253,725
Previous Owner Eich Dana L $117,500
Previous Owner Eich Dana L $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $298,500 +1.2% $128 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $295,000 -- $126 / 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 $3,259 $352,500 $94,199 $258,301
2023 $3,166 $342,530 $87,600 $254,930
2022 $3,119 $288,268 $51,520 $236,748
2021 $2,839 $288,268 $51,520 $236,748
2020 $2,654 $238,583 $46,000 $192,583
2019 $2,289 $215,076 $40,000 $175,076
2018 $2,465 $202,107 $40,000 $162,107
2017 $2,215 $170,741 $40,000 $130,741
2016 $2,148 $164,515 $40,000 $124,515
2014 -- $162,015 $40,000 $122,015
2013 -- $157,730 $40,000 $117,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1644686

Northwest Multiple Listing Service (NWMLS)

APN: 074300101600