Listed by Windermere RE/Aberdeen, Bought with Riley Jackson Real Estate Inc.
NOT LISTED FOR SALE

818 E Market St Aberdeen, WA 98520

Estimated Value: $258,000 - $380,000

4 Beds
2 Baths
1,774 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $245,000 $138 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,857/month

4 Days on Market

Highlights

  • Thermal Windows
  • Ceramic Tile Flooring
  • Partially Fenced Property

About This Home

As of May 2021

Great Investment Property. This duplex located in East Aberdeen had a fire in 2017. It was rebuilt from the studs out. Electrical, plumbing, sheetrock, flooring, windows, kitchens, bathrooms. All new approximately 4 years ago. The two units are basically the same. Two bedroom, One bath, open kitchen-great room. There is a shed in the secure fenced back yard for each unit. Concrete foundation. A small parking strip in front. Close to downtown. 6% cap rate includes property management fees and leaves room for growth via rent increases. Upper unit is waiting to fill when new owner is in place. Many inquiries waiting to get in.

Last Agent to Sell the Property

Joy Beard

Windermere RE/Aberdeen License #46660 Listed on: 04/02/2021

Windermere RE/Aberdeen

Last Buyer's Agent

Tucker Ibabao

Riley Jackson Real Estate Inc. License #130545

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1752254

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Duplex
  • Poured Concrete
  • Composition Roof

Interior Spaces

  • 1,774 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 2 Parking Spaces
  • Open Parking

Outdoor Features

  • Outbuilding

Schools

  • Miller Jnr High Middle School
  • J M Weatherwax High School

Community Details

  • Emery & Macks Condos
  • Aberdeen Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 & 4 / 3
  • Assessor Parcel Number 014000300300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,802

Year Built

Built in 1950 | Remodeled

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 52 - Duplex
  • Year Built: 1950
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Emery & Macks
  • New Construction: No
  • CalculatedSquareFootage: 1774
  • EffectiveYearBuiltSource: See Remarks
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
  • Interior Amenities: Ceramic Tile, Wall to Wall Carpet, Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,See Remarks,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, See Remarks
  • Foundation Details: Poured Concrete
  • Property Condition: Remodeled
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: FullyFenced
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • PowerCompany: GH PUD
  • SewerCompany: City of Aberdeen
  • WaterCompany: City of Aberdeen

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Aberdeen
  • High School: J M Weatherwax High
  • Middle Or Junior School: Miller Jnr High

Lot Info

  • Parcel Number: 014000300300
  • Lot Size Acres: 0.1492
  • Lot Size Sq Ft: 6500
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Outbuildings
  • MLSLotSizeSource: Realist
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family
  • LotNumber: 3 & 4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 1800

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1802

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 173
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 11, 2021
Sold by
Stoneman Madison
Bought by
Nelson Zachary Ryan
Seller's Agent
Joy Beard
Windermere RE/Aberdeen
Buyer's Agent
Tucker Ibabao
Riley Jackson Real Estate Inc.
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$316,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,985
Avg. Annual Appreciation
5.45%
Original Mortgage
$240,562
Outstanding Balance
$218,009
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$98,976

Purchase Details

Closed on
Mar 31, 2020
Sold by
Stoneman Madison and Estate Of Jordan Stoneman
Bought by
Stoneman Madison

Purchase Details

Listed on
Nov 17, 2016
Closed on
Dec 22, 2016
Sold by
Fannie Mae
Bought by
Stoneman Jordan
Seller's Agent
Chuck Miller
Olympic Realty 2000, Inc
Buyer's Agent
Sean Grogan
First Harbor Real Estate, Inc.
List Price
$20,600
Sold Price
$20,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.47%

Purchase Details

Closed on
Oct 19, 2016
Sold by
Cortes Guillermo and Cortes Sandra
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 8, 2006
Sold by
Rhee Ann
Bought by
Cortes Guillermo and Cortes Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,780
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2006
Sold by
Foss Michael G and Foss Susan R
Bought by
Rhee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
6.7%
Mortgage Type
Commercial
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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Purchase History

Date Buyer Sale Price Title Company
Nelson Zachary Ryan $245,000 Coast Title
Stoneman Madison -- None Available
Stoneman Jordan -- Pacific Title
Federal National Mortgage Association $19,900 Coast Title
Cortes Guillermo $74,200 Coast Title
Rhee Ann $64,000 Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Zachary Ryan $240,562
Previous Owner Cortes Guillermo $66,780
Previous Owner Rhee Ann $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $245,000 0.0% $138 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $245,000 +1089.3% $138 / Sq Ft
12/28/2016 12/28/16 Sold $20,600 0.0% $12 / Sq Ft View Prior Sale
12/20/2016 12/20/16 Pending -- -- --
11/17/2016 11/17/16 For Sale $20,600 -- $12 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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 $2,281 $238,073 $16,458 $221,615
2023 $2,014 $238,073 $16,458 $221,615
2022 $1,851 $158,832 $13,163 $145,669
2021 $1,802 $158,832 $13,163 $145,669
2020 $1,737 $140,360 $10,530 $129,830
2019 $1,287 $134,178 $10,530 $123,648
2018 $167 $104,563 $10,530 $94,033
2017 $161 $10,530 $10,530 $0
2016 $1,177 $10,530 $10,530 $0
2014 -- $78,395 $10,530 $67,865
2013 -- $70,200 $11,700 $58,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1752254

Northwest Multiple Listing Service (NWMLS)

APN: 014000300300

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